This is a pretty idiotic mindset, there is so much potential in some altcoins both existing and upcoming from a financial perspective that to ignore them completely for the rest of time is just throwing away huge potential gains down the road.
Have you ever heard of Dutch tulip events in 1637, or South Sea Bubble in 1720? so similiar, maybe yesterday once more, suggest all you guys watch out your money
This is a nice video about the Dutch tulip events
https://m.youtube.com/watch?v=w6MeB5uLflo.
I beleive everyone should be aware that the current charts are probably "not normal behaviour" and mostly the big fish are the one causing fear. I think that what goes on behind the scenes is more important especially when most of these companies still have nothing to show for. I don't want to sound like a hypocrit because i do own altcoins but i am aware that this market could crash anytime whenever they feel like it. Study you alts, follow them up. If you were to invest in apple for instance then it would be a lot easyer to see future developement but right now things are a bit out of controle. So yea that is where the bubble comes in place i guess. Allthough i think the hype hasn't even started yet :p.
For the past months i have been hammering my head with all sorts of questions about stuff like government exceptance and the effect on crypto. Or copycat alts with a slightly better idea, or even banks comming up with there own chain rendering the ones we invested in useless. All these are possibilities that could prevent most of these coins to break through. However the reason i jump the boat is because i don't see crypto as some apple product, i see crypto as a revolutionary technologie that will change the world as we know now. How the government acts is something i can not be bothered with now. The potential of some alt coins are so big that it removes most doubts!
When i was 10years old the best investment was housing, but 25 years later that rendement you will never get. This is our time to get a piece of the pie! Investors who work with valutas and gold or oil don't understand the cryptoworld. They think all of it is just created out of thin air and it has no backbone. Most of it is, but the ones who will shine will leave a mark in our generations history!!
Amen