Quote:
Originally Posted by The_Jackal21
Are they overvalued? Why, because what you think? You know the correct price to assign to a particular product, coin or project? No, you don't, period. I know I don't. A lot of things are priceless to me, but it's just a matter of perspective, I guess.
I think it's fairly obvious to anyone objective a lot of the projects in the top 50, and even top 10, shouldn't belong there:
bitconnect
Iota
Neo
dogecoin
That's not even including the projects I think are just a pile of **** such as XRP, VERGE, GNT bitcoin gold etc etc.
One does not need perspective to realise that bitconnect is a ponzi scheme, neo's gifthub is empty, It is safer to store Iota on an exchange than in their own wallet and dogecoin has 0, yes none at all, gifthub work.
Everyone is making money in a bull market. A lot will even increase the number of bitcoins they own overall (or whatever base currency you're measuring your portfolio in). I think a lot of people are not aware just how manipulated a market like xrp is and they could stand to lose a lot if they fomo buy into currencies after they've pumped.
Quote:
Originally Posted by The_Jackal21
Even if it's a bubble waiting to pop, so what! Make money now, take your profit and freeroll! It's possible you enter the market and you don't make gains, just as you entered, you guessed it, bubble time! Well hey, you win some, you lose some! Don't dwell on things, on to the next OPPORTUNITY. Don't go all in, period, unless you have the nuts! I guess a better analogy is play small ball, and value bet these coins to death lol.
I swear to God these negative guys only see negative things, while you cry bubble from the side line for the next 3 years, I'll be stacking that digital gold! You will eventually have your told you so moment but, by then, well who cares!
A better strategy for most people is to research and hold good coins rather than trying to trade into the next bitcoin or blockchain 2.0. I mostly agreed with your list of good projects such as OMG, ICON but seems that you've started shilling projects I personally don't think will be at all relevant in 5 years like dgb.