We're literally heading into a bubble much like the dot com bubble we had years ago.
Tons of cryptos claiming to give you the heavens. Tons essentially providing the same services.
Be vigilant
Be cautious
There is a reason Buffet isn't invested
The cryptobubble
>buffet
literally who?
what is this, 2017?
while it does seem like the bear has gone back to bed, this bubble is far from having popped.
Which crypto besides bitcoin is overvalued? All the 2017 overvalued shitcoins are dead
dude, Chainlink is valued at $870M and has no revenue. you don't think this shit is still a massive speculative bubble?
most coins dropped 90-95%+.
"This bubble is far from having popped"
FUcking dip ship
Wow 1 project that is actually working towards a legitimate use case guess it is a speculative bubble, we should sell
>Buffet
Is that like an All-You-Can-Eat restaurant
The overvalued 2017 shitcoins took a beating, but they are still overvalued. VeChain is 300M mc. it's a scam coin with no revenue and no real usecase.
ADA is still 1.3B mc. Why? Even QTUM, which is like $2 now down from $100, is still a $250M mc coin. what the fuck good is it? it's overvalued at a quarter billion dollars cause it's actually useless.
it's a bubble retards. that you can't recognize it for what it is means you'll probably get caught holding my bags when it's time to bail again. almost everything in this space is a useless money grab. the bubble will pop on them when the real blockchain winners emerge.
absolutely. you know what happens to failed startups? they go to zero. why the fuck is REQ still trading above zero? failed startup still valued at 10M in this bubble.
Agree. Most coins will lose another 95% from here. An empire falling (Bitfinex and Binance), recession coming, regulations, etc. This board is full on hopium
keep holding VET and REQ then retard. how many tokens are generating revenue right now? how many have a valid use case? those are the ones you want to be in when the time comes, cause once the speculative wave is over, only real projects will have volume. same thing happened with the dot com bubble. it's not over yet.
>holding my bags
What are you holding right now friend?
In and out of BTC almost exclusively right now cause I'm not a retard. Ats are only meant to be hopped into for short term pumps when BTC is on a run.
When I say the bubble hasn't popped yet, that doesn't mean we aren't in a bull market. We are, and I'm bullish on BTC and a number of alts. Hopefully I make it before the bubble finally does pop though, cause it's gonna move slow as fuck for a while after that.
>and a number of alts
Such as?
short term or long term? show term is easy enough to spot. biz shills a new pump every week.
long term I look for projects that are being build like a company that that can actually survive. teams that are ignoring the market while they quietly work towards profitability. Relex is an example that comes to mind. I wouldn't necessarily recommend buying it right now, there's absolutely no volume on it. But the team has some interesting connections and is first to market in the niche they've carved out. The company was just listed on the Belarus Currency and Stock Exchange ffs. In 5 years it will probably be a big deal.
>Link
>Legitimate use case
lol no
"long term I look for projects that are being build like a company that that can actually survive."
> shills a 750k market cap with $362 (24HR volume)
yes, that's right. mc at is irrelevant to whether or not a company has the foundation to survive long term. not sure what point you're trying to make. long term profitability does not mean being able to dump tokens on crypto retards forever.
2017 was the bubble. Regulation is here now and most alts/scam coins will be dead by end of year. A handful of legit projects (maybe 10 total) will blow up and the people holding those will make it. 99% of alt holders are going to get rekt.