No matter the merit of a project, whether it aims to change the world, or to scheme a couple bucks, ITS TOO FROTHY! New ICO's every day, pitching how the blockchain will change the world as we know it and how THEY have the answer. Idk, they may be right, but the fact is no one has the answer, and I hate to break it to you, but not everything is meant for the blockchain...it is a very amazing tech with huge potential but this just feels like the tech boom/burst in 1999-2000. LETS ALL CHANGE OUR NAME TO INTERNET SOMETHING AND GO PUBLIC! No question there are some life altering projects that will guide us into the next wave of humanity, but imo there will come a point where 80-90% of the current coins and ICO tokens will go to zero. If you truly research and coin, understand its upside and its risks as well as the challenge it aims to fix, you'll be fine. We are essentially weeding out the pets.com and the webvan's (dotcom bubble failures) to find the next Google's, Amazon's, Netflix's of the blockchain revolution. Bubbles are good, its natural for progress, but just be sure that whatever you own you TRULY believe in because when the bubble fills to $2-4T in market cap and finally bursts, even the good ones will sell off sharply and your hands will be tested.
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