Francis Hunt - The Market Sniper is an Independent Trader, Technical Analyst and Trainer. This man is super smart, and he really knows how to trade. I love his youtube videos and today i watched his video called "Bubbles, Why Crypto's are not & neither were Tech stocks".
Are cryptocurrencies in a bubble? Yesterday, while browsing steemit, I found a lot of articles that claimed we are in a bubble. I agree most of the cryptos will drop significantly in the future. Some are better, some are worse, only handful of them will survive and other will crash.
Why do you think Bitcoin should be the number one cryptocurrency? Because it was here fist? Because it has cheaper transactions? Because it's fast? Because it has better development team? Think wisely what do you want to invest in, do a lot of research. Crypto space is dangerous and you might loose money if you don't invest time in the research.
I think there are other cryptocurrencies that will be superior to Bitcoin in the future, that's my point of view, but i can be easily wrong. Anyway enjoy the video by Francis Hunt, he really knows what is happening. Thank you guys for reading, if you are interested in how to evaluate cryptos, read my post. If you are interested what my portfolio is, checkout this post.
