**ICO-Lemon Market** - The bubble will burst

in #bitcoin7 years ago

Hello Steemians!

@bl0ckchained125 here with another cryptocurrency news alert!

I recently read an incredibly informative article by Avtar Sehra (CEO of Nivaura). In this article (link included below), he references studies done on Lemon Auto Markets and how they impact the consumer.

The most interesting part of the article is that he makes a direct comparison between these Lemon trends and the current ICO Market

The key takeaways I got from this article were:

  • ICO's right now are a SHORT TERM PLAY. If you hold your tokens from an ICO too long, the market bubble will burst and they will be worthless.
  • DO YOUR DUE DILLIGENCE: Do not go throwing your money at any random ICO because they are promising great returns. Do your research and invest intelligently (as with anything else)
  • The comparison between ICO's and the dot-com bubble are SCARY. But, if you know what you're doing, you can make a quick buck in the process before the whole thing comes crumbling down.


Stay informed, stay safe.

Link to the article: https://medium.com/@avtarsehra/icos-and-economics-of-lemon-markets-96638e86b3b2

Highly suggest giving it a read if you plan on investing in any ICO's


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