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I don't know if other people have any dramatically different thoughts on the matter, but if you don't want to miss out but don't want the blatant risk of dealin
by 52-6F-62 9y ago
I don't know if other people have any dramatically different thoughts on the matter, but if you don't want to miss out but don't want the blatant risk of dealing in ICO's, it seems somewhat reasonable (nothing is reasonable or save in cryptocurrencies, really) way to involve yourself then I'd suggest having a look at just purchasing some of the larger coins (eg Bitcoin, Ethereum, Litecoin) and sitting on it for a couple of years. Cost average your buy in, especially since it's dipped a little recently. Then again, only at an amount that you could lose and not regret it too much.
I've been following the progression of the tech in general and have friends who try and play the ICO game, but it's just too fickle for me. I'm not ready to go full day trader over that stuff. However the long term trend (zooming out) tends toward:
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Minimal attention > growing attention > hype and burst > pop and settle > stagnation > return to attention, and start over
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repeatedly, and all generally on an upwards trend over the past ~6 years from what I can tell so far. Just speaking to the prices, here. Something different is happening with the ICOs and the ability to build upon the networks like Ethereum. It's hard to predict, and it's curious what all the calamity surrounding those gambles will amount to. I'm sure a few of the companies will stand out and remain, but most of it just seems so... poorly footed.