Crypto hype and how to be ahead

[leopard2]

right now there is alot of kids and newbies flocking into crypto, many from Asia

on CCN there was an article basically saying what I have said also: these kids prefer a $2 coin over a $20000 coin, they do not understand supply, centralization, or usefulness

if I was a teen, I would prefer a $2 XRP over a $20k bitcoin too, because it feels much better to own 10 coins than 0.001

Result: coins with large circulation, benefit most.

HOWEVER....after awhile, institutional investors, smart money, and the crypto community will do the sorting, shitcoins will drop, kids get burned...and money flows into the blue chips. Like BTC, LTC, ETH.

And a few more innovative newcomers of course. It is very hard to tell what these will be. Right now people try frantically to find these, buy spending money on Cardano, Stellar, Iota and many others that have no acceptance and are very immature.

Generally I would be careful with all coins that have gone up 50-100 times in a few weeks...

[krazy89]

Money now flows alot into cheap penny coins , New investors dont know anything about suppy/total marketcap , they just follow the hype
I think sooner of later they gonna realize about it , and money will pour back to good fundamentals coins like Stratis , Omisego , waves , Eth .....
They have to learn price over 10$ doesnt mean its expensive ...

[Zakhal]

Everything is going up. Normally there has been a long correction after bump like this. I think Bitcoin is the only thing that could cause it, but its hard to say where it will go now. Maybe whales will drive it up temporarily to shake away alts from weak hands.

I think its best to stay away from shitcoins even if they have huge volatility. Once correction comes they are the first to be dumped to zero. There is high risk your money will get stuck into them for long periods of time.

[morgan4140]

Everything is going up. Normally there has been a long correction after bump like this. I think Bitcoin is the only thing that could cause it, but its hard to say where it will go now. Maybe whales will drive it up temporarily to shake away alts from weak hands.

I think its best to stay away from shitcoins even if they have huge volatility. Once correction comes they are the first to be dumped to zero. There is high risk your money will get stuck into them for long periods of time.

I agree, especially nowadays, a lot shicoins. People naively buy them because they see as they grow very quickly, but they don't think about what they just as quickly fall

[thycrypto]

Best thing to do is just hold and but at dips. FOMO is a horrible thing. Also never have a stop loss. It is not really a loss until you sell. Crypto is unpredictable but if you invest in good teams with a future you'll be ahead of the game.

[goovsy]

Money now flows alot into cheap penny coins , New investors dont know anything about suppy/total marketcap , they just follow the hype
I think sooner of later they gonna realize about it , and money will pour back to good fundamentals coins like Stratis , Omisego , waves , Eth .....
They have to learn price over 10$ doesnt mean its expensive ...

......and XEM! I can't believe that coin like Ripple now is second after grandpa...but hype is hype it's just like hysteria

nice post, man I wait STRAT 50-100 this year (hope end of Q1)

[EcoChavCrypto]

Everything is going up. Normally there has been a long correction after bump like this. I think Bitcoin is the only thing that could cause it, but its hard to say where it will go now. Maybe whales will drive it up temporarily

The answer to everything = whales.

They are always going to do whatever they want with the price, there is nothing new with this.

Are you going to tell me that you have never seen the whales trying to bring down / up a price in just matter of minutes just like it happened today?

But a BIG, BIG whale pumped the price today, by more than $1500 in just a few minutes.

[JetSet11]

Bitcoin will bubble and pop, but not for at least another 2-3 years. You're not in a bubble when tons of mainstream analysts are saying, "bubble". lol. You're in a bubble when tons of mainstream analysts are saying, "the sky's the limit".

Lots of people still think cryptocurrency is a scam, or don't understand it at all. Now's still a great time to invest.

[lokkom]

invest in potcoin. Wait 6 months. Get your lambo. The end.

[goovsy]

invest in potcoin. Wait 6 months. Get your lambo. The end.

If want to save your crypto funds by investing in potcoin I think you are high  (joke)

Well, as I see nobody knows what to do if bitcoin bubble pop right now. That is sad. Dont wanna be pesissimistic but we all will see great fall of cryto in near few years

[morgan4140]

Money now flows alot into cheap penny coins , New investors dont know anything about suppy/total marketcap , they just follow the hype
I think sooner of later they gonna realize about it , and money will pour back to good fundamentals coins like Stratis , Omisego , waves , Eth .....
They have to learn price over 10$ doesnt mean its expensive ...

......and XEM! I can't believe that coin like Ripple now is second after grandpa...but hype is hype it's just like hysteria

nice post, man I wait STRAT 50-100 this year (hope end of Q1)

I do not understand why people invest money in ripple, it does not have decent technology due to which she could hold such a position

[cryptozw]

I think to be safe; invest on what you can afford to lose. Rather than selling a house and invest in crypto, you can easily commit suicide.