Believe me this is not the bubble. the bubble when it comes would send most of the cryptos especially the "funny coins" into oblivion. There are 952 coins out there with many not having a specific use or function but just to catch the trend of the crypto growth and for the initiators to make money. Most of the prices currently are being driven by speculators as against real value and use when they start cutting their loses and taking profit, a domino effect would result and further fall in prices would result and fast.
we must be careful in the choice of coins we by and hold in the mid to long term.
Believe me this is not the bubble. the bubble when it comes would send most of the cryptos especially the "funny coins" into oblivion. There are 952 coins out there with many not having a specific use or function but just to catch the trend of the crypto growth and for the initiators to make money. Most of the prices currently are being driven by speculators as against real value and use when they start cutting their loses and taking profit, a domino effect would result and further fall in prices would result and fast.
we must be careful in the choice of coins we by and hold in the mid to long term.
Very good comment, I agree. Thanks!