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Author Topic: Guess its time to stop investing crypto and go for work  (Read 2130 times)
whereismylambo
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July 09, 2017, 04:33:48 PM
 #41

This bear market, if it's a bear market, won't last long in my opinion. It's a growing market and we will rise again in the long term.
Btw only good project with real usage will survive and those recently overhyped may hurt a lot.

Yep, and that's where a lot of people will get burned. Pretty sure that only a miniscule amount of projects will even survive the next 2-3 years.

I like how everybody keeps repeating this "only a few projects will survive" without providing any reasoning as to why. Wrong. Most of these projects will survive. At best, what will happen is a huge correction for the "overhyped" projects. But they will not die. This market is way too small right now at $100b market cap and the game has just began.

"only a miniscule amount of projects will even survive" is false. These coins are no longer "cryptocurrencies" but more like "equities", similar to a stock market.
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AweJohn
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August 07, 2017, 02:47:16 PM
 #42

This bear market, if it's a bear market, won't last long in my opinion. It's a growing market and we will rise again in the long term.
Btw only good project with real usage will survive and those recently overhyped may hurt a lot.

Yep, and that's where a lot of people will get burned. Pretty sure that only a miniscule amount of projects will even survive the next 2-3 years.

I like how everybody keeps repeating this "only a few projects will survive" without providing any reasoning as to why. Wrong. Most of these projects will survive. At best, what will happen is a huge correction for the "overhyped" projects. But they will not die. This market is way too small right now at $100b market cap and the game has just began.

"only a miniscule amount of projects will even survive" is false. These coins are no longer "cryptocurrencies" but more like "equities", similar to a stock market.

New coins/tokens hit the market daily in big numbers, so while it's true some old ones will die, even more new ones will hit the stage...

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August 07, 2017, 02:53:35 PM
 #43

This bear market, if it's a bear market, won't last long in my opinion. It's a growing market and we will rise again in the long term.
Btw only good project with real usage will survive and those recently overhyped may hurt a lot.

Yep, and that's where a lot of people will get burned. Pretty sure that only a miniscule amount of projects will even survive the next 2-3 years.

I like how everybody keeps repeating this "only a few projects will survive" without providing any reasoning as to why. Wrong. Most of these projects will survive. At best, what will happen is a huge correction for the "overhyped" projects. But they will not die. This market is way too small right now at $100b market cap and the game has just began.

"only a miniscule amount of projects will even survive" is false. These coins are no longer "cryptocurrencies" but more like "equities", similar to a stock market.
There's hundreds if not thousands of coins. Of course a lot will be dying out over time. There are a lot of inexperienced people jumping in with half arsed ideas an no plans on how to properly implement and scale them after all.
That doesn't mean that there won't be many projects left though. There are almost certainly going to be a few dozens of large projects that will be here to stay.


     
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Geoff999
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August 07, 2017, 02:56:06 PM
 #44

If you dont want to invest in new coins, invest in undervalues older ones, with proven track records and solid ideas.

Theres plenty out there that have very high potential.

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