The cryptocurrency world is increasingly resembling a large fantasy paradise:
Many projects are created from PowerPoint presentations, funded by retail investors, who are then fleeced, and a new batch appears under a different guise.
Everyone is still talking about "value investing," but the reality is that vaporware has taken away real money, leaving only a mess behind.
When the market recedes, it's not that there are no opportunities; rather, the traps on the ground look too much like hope.
