It is a bubble, aka the .com boom.
It isn't real money...
It is very volatile.
Some ICO's are vaporware (46% failed so far).
Bitcoin, and looking for the next Ethereum is like tulip mania.
And exchanges, if you leave your coins in them are prone to a good old-fashioned heist.
And it's because of all the above that crypto is damn exciting. It's the Wild West and for the next few years, everyone has a chance to come out on top... Which is amazing!
Ironically, all those things are true.
It is a bubble, aka the .com boom.
It isn't real money...
It is very volatile.
Some ICO's are vaporware (46% failed so far).
Bitcoin, and looking for the next Ethereum is like tulip mania.
And exchanges, if you leave your coins in them are prone to a good old-fashioned heist.
And it's because of all the above that crypto is damn exciting. It's the Wild West and for the next few years, everyone has a chance to come out on top... Which is amazing!
I'm not sure what Warren Buffet said though...
Bring on the apocalypse! hehe.
and many people are in Cryptos just for the adrenaline!
Wow nice post. Keep em coming. will folloy you for more in the future :)
Thanks! u will follow u back! :-)