We're in what people would call a bubble
...There's going to be mass craziness going on with the price of these cryptocoins. There will not be enough cryptocoins and too much money. Then one day people will realize how simple it is to do what has already been done. There will not be many profits for investors anymore and the price will crash hard.Lucky for us it's still early on! The bubble is going to grow so huge. Some coins will break the 1 trillion USD marketcap level. Many will break the 1 billion USD marketcap.
My favorite Cryptos are Steem and NXT which are different from Bitcoin.