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RE: 25k Followers Crossed by Myself! BTC in Numbers Based on This
There's a lot of mis-pricing in the Crypto markets by unsophisticated money. Some assets way under price, while others extremely overpriced. If the Institutional money comes like I expect this year they will mop up best crypto assets :-)
I completely agree. The ligament projects will be bid up and the fraudsters will start to get delisted from the main exchanges. I've read multiple times that it's suspected there are >90% of the crypto tokens are frauds.
About 80% of the ICO's are frauds or done so poorly its like burning your money. 20% of ICOs are legit. For example ETH was an ICO and so was Antshares (NEO). 100's others that very legit and have a good chance at making it longterm. However, a lot of shady and un-organized projects too. I am not sure why any Investor would not just stay away from these? Fake promises I guess without proper due diligence.