There is huge potential in some of these blockchain ideas. Not all of them, some “are” Ponzi scheme, some are here to survive, just like in dot com bubble. Blockchain is the technology that is already revolutionizing the world. And it is just the beginning. I have no doubts that this industry will show significant growth. I have no intention to test my nerves and don't want to trade. I am going to be in it very long time. And I will be successful. No, not just me. We will be successful. In my circles, almost everybody is saying that crypto world is, at best, a big bubble, and it would burst soon. At worst, it is the biggest Ponzi scheme ever created in the history of humanity. Every cryptocurrency has only one aim: To fool millions of people all over the world and take their money. I don't try to convince them, don't even start any discussions. I just smile and change the subject. Why? Because all these things look like deja vu for me. I bought several cryptocurrencies and kept holding them despite market fluctuations which sometimes were tough. Of course, I modified my portfolio, disposing of garbage and buying promising cryptos. All of my surroundings were desperately screaming that I would lose my money and I had tendency to play Russian roulette. Bubble, bubble. bubble... Mass media started spreading the rumors about regulation, institutional investors, especially greedy bankers from Wall Street who are guilty of 2008 financial crisis, threw balls to the wall so that cryptos became less popular. And I still continued to hold. The entire world tried to convince me to sell, and I still continued to hold. I bought and so still buying several major cryptos like Ether, Litecoin, bitcoin. I used the experience I received during the financial crisis, and it helped me to be patient and emotionless.
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