All these coins taking turns in pumping and dumping makes crypto look bad in my opinion. It feels like prices dont reflect the real value of a coin/token. People constantly chase pumps and panic sell, the daily looks like a bunch of compulsive gamblers on cocain.
One of the main reason people will tell you crypto is a good buy is because it is an edge against inflation. Let's be realistic, I wouldn't be surprised if over 50% of people actually lost money in crypto. Most people are not investing, they are gambling. And if you want crypto to act as an edge against inflation, you need to buy safe coins, which is less and less popular. There are over 10 000 different cryptocurrencies and 99% of them will probably make you lose money.
What are your thoughts and opinion on this ?
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