I hear a lot that crypto is in the bubble. But how big is the bubble? And what will be the consequences after it pops? I am curious because I invest only in alts which seem to have a decent technical background and good idea. I understand that shitcoins that are pumped will be dumped. But what about good coins?
all you gotta do is see what happened to alts in late 2013. now it's very different as there's some real investment and a much higher profile, but that only goes for certain coins.
litecoin is still about half the price it reached back then. at one point it fell to 1/50th of its peak value. i expect similar and more for some.
what do you class as a good coin? there's still none being used for anything yet they're now valued in the billions.