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RE: Hype vs Impact! The reality of innovation in 2017 💡💡 News #3

in #blockchain7 years ago

I'm basically sceptical of such organisations who claim to be experts to predict the future. The list is very interesting but also controversial for me. Because as i understand they give advice to not invest in some areas because it's too early and that's often the failure if you blindly follow also if you blindly follow the hype and don't think for yourself.

I personally step back from such statements and ask me questions like:

How should they know it's too early?

What's their motivation to give such advice? (idealistic, partnerships, simply for the money,..)

What's their track record in predictions?

If i look at finance sector and you would follow blindly the advices of banks, insurers or whatever, then i think you will end up in a very bad situation, broke, hopeless and unhappy.

I put it simply like Brian Tracy said. If you do what "THEY" say, the "ALMIGHTY THEY" you could be in trouble soon. Investing in a hype could be the best thing someone can do sometimes, if a technology is unknown, undervalued and there is some catalyst which suddenly activates the masses like a virus connected with hype. You'll see exponential rise and maybe fall to average level, which is still high and much higher than before. Early investors who believe in a technology like driverless cars, blockchain or IoT who thought for themselves and made diligent research have the biggest potential. That's my opinion.

My point of view is, if you see such trend, technology which will disrupt almost everything and you estimate that will happen in 10 or 15 years, why you should not invest if there already a forseeable market leader or a Top 5 or 10 and you are very long term oriented?

Thank you, the information gives a wonderful opportunity to rethink or to check and double-check my own investments!

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