recently read the news that all ico projects last year sold the entire Ethereum. I think this is a sign that lower more will not fall
Well, that is one thing that makes the Ethereum space inflationary anyway. Nonetheless, over time, it is something we will eventually get to see fade off as regulation starts kicking, some of these shit-full projects becomes irrelevant and get thrown out of the market and we will get to see a more matured space with real life usage and massive adoption. We are not there yet, but one thing I certainly believe is that we are going to get there. The correction so far, is all based on the fact that people will always get greedy and when that happens, the possibility of the market coming back to find a bottom is always going to be there.
Every traders portfolio should be diversified between already established and low capped coins..
In the future, huge crypto-filter will filter a lot coins, therefore you should find middle point between shitcoins and monsters..
Even if you want to diversify into low cap coins, the essence of picking coins with potential should be your first priority and by that, I am referring to coins with real life usage. So far shitcoins are quite rampant in the market and a lot of them have no real life product and investing in altcoin itself is a huge risk that could end up profitable, but investing in a shit coin, that is like trying to commit pocket suicide. It is never going to be a difficult time when you see yourself as having a great opportunity to invest by picking the low prices which is what matters anyway.
