Man, the crypto market is just crazy, huh? It seems like we are living a replay of the .com bubble or worse, the 2008 burst, but with a blockchain twist. Every day a new currency appears that has no rhyme or reason, no backing, no project, just the promise of “going to the moon”.
We are seeing so many people getting excited, buying anything with “crypto” in the name, thinking they will get rich overnight. But we've seen this movie before, right? Remember when everyone said that the internet was going to change everything and any company with a website would become a treasure? And then, boom, reality hit.
Today, the hype is at the same level, but with crypto. There are currencies that only exist so we can say we have a currency, with no real utility, no innovation. It's like we're in an amusement park where each new ride is a new coin, but when you get on it, it doesn't work or worse, it falls down.
And we have to ask ourselves: are we in a bubble? Probably. Because when you see a market where the value of things doesn't make sense with what they actually are or do, that's a clear sign. History repeats itself, and history has taught us that these things do not end well.
So, the advice I give, from the heart, is:
Careful. Don't dive headfirst into this sea of speculation without knowing how to swim, without understanding where you're stepping. Investigate, get informed, and if possible, take it easy. Because when the bubble bursts, it won't just be the bad projects that go down, it could take everything with it.
And one last thing, diversify, don't put all your eggs in one basket. Because, as they say, the crypto market is a rollercoaster, and no one likes to be on the downhill cart.
