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RE: Diary of a Desert Dude #2: Cryptocurrency Thoughts & Updates

in #cryptocurrency7 years ago

Those new to crypto do have to be mindful that right now the crypto market is all speculation. In the future, when these cryptos have working products, it's only THEN that the market will start 'pruning' out all the bad cryptos, which will inevitably go to zero. Thanks for the important reminder to choose a coin not because it is greatly discounted due to a correction or because it has low market cap or a cheap buying price. It's important to believe in the technology and be in it for the long run, believing that despite any government regulations, crypto will prevail eventually if it is better and more efficient than fiat.