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In most markets people have some understanding of the produce they invest in or they choose not to invest at all. In the markets of ICOs, the percent of money h
by DickingAround 9y ago
In most markets people have some understanding of the produce they invest in or they choose not to invest at all. In the markets of ICOs, the percent of money held by people able/willing to dive into both the technical and economic side seems to be a small percentage.
I wish I could back up that 'presumption' with facts. But my only real evidence is having seen maybe 3s ICO themselves and read accounts from people investing in them. There is just no explanation other than that people don't have the slightest clue what they're doing and have simply seen 'crypto investments pay big!'