RE: 2018: Cryptocurrency Explosion: Stop Fearing, We Are Just Getting Started: STEEM Will Be One Of The Leaders!!!

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2018: Cryptocurrency Explosion: Stop Fearing, We Are Just Getting Started: STEEM Will Be One Of The Leaders!!!

in steem •  7 years ago 

Thank you for your Post! I am with you, that Blockchain will revolutionize our world and i am very happy to take part in this venture.

But i guess i have to be the party pooper, because when i hear: "the party hasnt even started" i hear some serious euphoria.

Of course telling people only the upside makes everybody feel good, but we need to ask the question, what are all this tokens truly worth at the moment.

I believe in Blockchain but it know the difference between "market value" and speculativ value.

And i think most market caps at the moment are a promise fot the future.

I think we will see Major Corrections because to evaluate many companies just because of an whitepaper is risky.

Many of them will not suceed in the long run.

So i think investing in crypto is both. A huge chance and a big risk!!

Stay grounded folks and have a good time.

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To start, you said companies but blockchains arent companies....companies are built upon particular blockchains.

Also, you are right there are going to be many coins that fail. There is a lot of junk out there. However, Wall Street, when it enters, it buys up everything that is not nailed down, even junk. In the end, a lot of it will get dumped and crash....so people need to be wise in what they hold.

However, there are many blockchains with a lot of activity on them (this one for instance). Holding solid tokens when Wall Street shows up is a very good plan. Those people start the euphoria...not us.