I agree with many of your points. There is certainly a bubble feel around this. But I don't think that shrugging away all cryptocurrencies/tokens as a dangerous

I agree with many of your points. There is certainly a bubble feel around this. But I don't think that shrugging away all cryptocurrencies/tokens as a dangerous mistake is the answer. Nor is waiting for the big crash (time in the market > timing the market). There will be many losing cryptocurrencies after the bubble bursts, but some will survive and thrive.