Possibly just about everyone is beginning to ask themselves if they've chosen the right horse to bet on. After all, it's obvious this bear markets is really testing everyone's conviction, from the developers whose funds are running dry, to the communities, who are struggling to remain enthusiastic.

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There goes another shitcoin

Even though the term shitcoin is somewhat memetic, it does describe value very effectively. After all, how many coins are just generic github clones with not much more than a revised logo? Truth be told, it's easier to count the coins that might not die, rather than the ones that surely won't make it.

There is a particular website that comes to mind, one you may or may not know, but it's worth keeping somewhere in your crypto bookmarks: Dead Coins - a comprehensive list of what we could rightfully call a shitcoin curation effort. All the infamous ones are there, including of course bitconnect.

I've been asking myself today how many coins are getting added on there daily, with what speed has the list increased it's speed of growth, etc. If for nothing else, because the idea of someone of a group of people attempting to keep track of the carnage is fascinating to me.

But, what about the winners?

Nobody, and I do mean NOBODY can make a single guarantee, and I would not bet my life in someone's opinion. That being said, there is some logic to the way things have been working out, even if we don't like it per say.

People equate the crypto bubble to the dotcom one and rightfully so. If you were to look at the bust cycle of the time, if you were to imagine the sheer pain that someone holding "a bag" of amazon stock for example, would have felt when it tanked over 90%, then you begin to create the picture of what it means to trust your gut.

But, it wasn't only one horse that made it of course, a few did, and if you would have picked any of the tech giants before anyone saw them as such, imagine where you would be today.

So, the question is simple yet extremely complicated: How do you pick? Yes there are thousands of "experts" out there, describing how their coin is going to change the world, but who can you trust? Who should we trust? - The only answer I have to give is not too comforting; trust nobody, trust only yourself.

What do you know? What do you still have to learn? Why are you fearful? Why are you brave? What motivates you? What makes you feel empowered, defeated, inspired or depressed? Ask yourself these questions over and over, because if you keep on looking for answers outside of you, with no skepticism, waiting for someone to give you the winning number, you are likely to get burnt.