Crypto has gone to shit

[tuquyen44]

There is no doubt greed is spreading like a fire in the space, but this is the issue with money, whenever there is money to be made greed will set in, over a billion was raised in MAY and $10 billion so far this year, for what. Even there is an argument that no cryptocurrency has  hit adoption level, so if rubbish project keep getting ridiculous valuation for a token that has no real use there is fire on the mountain

[jedimuj]

I am very excited about the Blockchain system. I think it makes sense to invest in the bazaar. The market is also fraudulent, but it is necessary to do good research to prevent this situation.

[Ostonian]

Scammers like they were and will remain. You can try to fight them, but in any case there will be others who will deceive further.

[GhostWithin]

Scammers like they were and will remain. You can try to fight them, but in any case there will be others who will deceive further.

Of course. So it was always and always will be. The most that can be done is to create difficulties for them. This requires regulation. By the way, after the regulation big money will come from other markets to crypto.

[Merdeop]

Of course, it will end sooner or later. I don't like this hype either. People ran to the money like bees on honey or flies on shit. It always does. Where a lot of people, there's more fraud.

[suzanne5223]

Once something or a market is doing good  the next thing to be expect us some group or duo willing to seize the opportunity to scam and I can't blame them though because those that invested in their project don't make proper research and when they see genuine project like IvyKoin they won't invest until they loose their money. Yes, cryptocurrency has gone shit but with proper research people won't fall victim.

[Barbarian]

The crypto market moves in cycles – and understanding these cycles is key to profiting, managing risk and keeping sane. (1) Hold more of the things that rise and less of the things that fall, and (2) cycle adjustment, or trying to have more risk exposure when markets rise and less when they fall. Stick to this and then everything will be fine.

Most of the time I am surprised by the lack of understanding of cycles in the community, cycles happen in every market and even if this is a new market we got cycles as well, many people want another bull market to happen right away when the current cycle in which we find ourselves is the cycle were the bears dominate.

[mihtju]

I agree with you, but you have to take into account the fact that not all people want to cash in as quickly as possible on any projects or trade, although such a majority.

[mbm_ico]

In any business and in any industry there have always been and will be swindlers, but this is only a small fraction compared to the total number of positive moments that brings the crypto currency to our world.

[Edsemen]

The crypto market moves in cycles – and understanding these cycles is key to profiting, managing risk and keeping sane. (1) Hold more of the things that rise and less of the things that fall, and (2) cycle adjustment, or trying to have more risk exposure when markets rise and less when they fall. Stick to this and then everything will be fine.

Most of the time I am surprised by the lack of understanding of cycles in the community, cycles happen in every market and even if this is a new market we got cycles as well, many people want another bull market to happen right away when the current cycle in which we find ourselves is the cycle were the bears dominate.

That's true of course as a matter of fact, the lack of understanding is misleading others and that is why they are in a panic selling ICOs. Regarding that matter about crypto has gone to shit,well,I don't think so. It's just for me,the competence is getting higher right now especially there are investors who are very quick and smart in trading and it's hard to figure out things right away.

[Shova]

You might have invested in last years peak price. Otherwise everyone investing except for last years September October November and December are in good profit.

[leoric251]

well you know how it goes, cryptocurrency becoming more popular and a lot of people want get easy money out of it, so they creating a scams. That doesn't mean that crypto dying

But crypto now has bad names because of this scammers, theyre the one supposed to be called shit not the crypto. Crypto is kinda dying because of scammers.

[yjupio]

Unfortunately scammers have always been. There will always be those who want to take your money in a fraudulent way. In the market, large amounts of money are circulating and they attract fraudsters. So take it for granted and move on.

[hlopchik3000]

Oh yeah, that's for sure. But it's okay, after a while the amount of ICO will be reduced. States will squeeze these bubbles

[sawsaw987jig]

I can definitely relate to your point of view. Most of the ICOs today are created no to be usable and convenient for people, but to take money from you and then just close down in the middle of the road. It sucks, but that`s how it is right now.

[a_t_e_e_b]

it's true scam coins and bad projects are destroying the market there are many coins that serve no purpose at all but there are still a few good ones left and theae scams overshadow them hope the market will recover soon

[gorobif]

No one is immune from project scams, but it is still possible to recognize a suspicious project or promising, if you read the roadmap and look at the group of developers, if they have a successful background, it is 80 percent of success.

[lan.anh63]

No it has not, the bear market is normal for the crypto currency market and it will always last a while before we start seeing a recovery so you should not panic and not say things like this. Just make sure you do not sell off your coins during the bear market.

[violetsky901]

There are too many people who have no information about cryptocurrencies, and they are also trying to lead ICOs. I think cryptocurrencies should be seen as a big innovation, not as a way to become rich in a short way.

[CryptoGuro1]

I agree in a sense that the space has been diluted with 100s of crappy projects, But the space has not gone to shit, sure 90% of these projects are bound to fail and only a handful will emerge as the main runners, it is the same with any market, we are at such an early stage that this is just the way it works. the higher the risk the higher the award, In a few years we will all be remembering the days of 100s % spikes.