Quote from: SimPick on December 06, 2017, 02:39:02 PM

I need to stick a note on my forehead that says "Trust your instincts" so I see it every day and get it drummed into my thick skull.

You could probably do a lot worse than letting a dog pick for you. Back in the dot com stocks boom, some Journalist once wrote "Even a dart throwing monkey could pick a winner", and it's the same situation here. We're in the wild west phase of cryptos and much hysteria and madness. Almost anything and everything is going up by silly percentages, and much of it is based on nothing, or not much. Back in the dot com boom all you had to do was start a tech company (not even have a product) and the market gave you an instant company valuation of billions. What we're seeing now in cryptos is the same thing. It's almost like you can't fail to get 25-50-100% profit in days or even hours, or a week at the most.

I used your trick once too. I asked my small Son what I should buy and he said "Mooncoin" and I'd never even mentioned it to him so that was very weird, so I bought some. I must admit that Mooncoin does look like a load of cr*p, but hey ... in this market where no rules apply, there is no reason why it won't also go up three or four times soon. That's what happens when you have a market that makes little sense, like the crypto market now.

Maybe a tatoo right on the stomach, a big fat: "trust your gut".

Joke aside, I totally agree with you here, where we are now resembles to the dotcom bubble a lot. Its crazy how projects with nothing more than a mere idea and some made up roadmap are getting hundreds of millions of funding and the open markets speculating on projects so that we can see x100 within hours. In this market on top, as it is so small there is still so much manipulation going on. Im really disgusted by this. After participating in some ICO's that failed, I am now sticking only with projects that have something real to show. But as you said, its almost certain do make a profit even with total nonsense projects.

Its likely too that your mooncoin investment will make you rich next year, although mooncoin really is total rubbish as far as I know. But remember: never underestimate the instincts, as your little son picked that coin even without knowing its name, it should do good in the end to stick with it!