I get frustrated that speculation on so many coins over-rides the real value proposition, either over or under valuing them. Look at the recent spate of ICOs, giving over millions of dollars to people based on nothing but a website and a white paper, while actual working coins are ignored; bizarre.
You are viewing a single comment's thread from:
Am i the only one seeing a bubble brewing with the cryptos?
With ICOs springing up all around and attracting the attention of gamblers as against investors (the difference is one places his fund baased on evaluation while the other just wants to cash in with the boom) and once there is a little blip in the ride there would be moves to either take profit or cut loses which would further depress the prices as there would be more sellers than buyer (law of demand and supply kicks in). This would result in the demise of most cryptos but a few would bounce back stabilise and be there for the long haul.
Good risk/reward consideration and funds management is advised in the coming months .
But hey! while you can make as much as you can.