Topic: Why Disciplined Investment is not Commonplace in Crypto? (Read 94 times)
People are just hoping for the next big ICO that will give them massive returns. They are foolishly throwing money at projects with empty ideas and copied whitepapers.
A veritable modern-day gold rush, the ICO fever has brought in swarms of new investors into the nascent cryptocurrency market. In just a couple of years the world has seen thousands of Initial Coin Offerings promising investors stratospheric returns like those experienced by early participants in Bitcoin, and being relatively affordable and accessible they have attracted new investors to two worlds where they have little experience: investing and crypto. Pseudo-pundits have sprung like wildflowers in the rain seeking to cash in on the crypto fever charging for so-called advice, while others seeking to make a quick buck have taken advantage of the lack of legal and regulatory framework to create fraudulent ICOs and escape with the proceeds. All the while, disciplined investors have been understandably watching from the sidelines, hesitant to participate in a market plagued with high volatility, misinformation, information overload, and nefarious actors. These three factors — amateur investors, untethered and unregulated ICO supply, and timid experienced investors — have created an environment where short term decisions reign and the information and transparency needed for a measured investment strategy are lacking.
https://medium.com/@official_83664/why-disciplined-investment-is-not-commonplace-in-crypto-655cf4640cf7
https://medium.com/@official_83664/why-disciplined-investment-is-not-commonplace-in-crypto-655cf4640cf7
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