Quote from: nrvasquez on December 20, 2020, 01:26:04 PM

Quote from: sammyp on December 16, 2020, 10:58:43 PM

on this very day, many may no longer see 2017 as a great year for cryptocurrencies but to me it still is because 2017 set the record in terms all time high which has been broken to (16/12/2020). This very later part of 2020 for now appears to be the the golden time for crypto especially bitcoin.

Bitcoin hit new ATH just yesterday. I think it's a matter of perspective. indeed 2017 was the most profitable year, even for me. But for some people, that is also a bad year, because there is a lot of fraud at the ICO. I might hope that 2017 will repeat even if it's not possible, but if a year like 2017 can repeat then I hope there is a situation as well as a safer procedure for everyone.

2017 is very different from the "new time". If you remember, in 2017, huge funds were poured into ANY crypto project not only from professional investors, but also from millions of "home experts". As a result, this gave rise to a situation where, with a high probability, any invested dollar, withdrawn from the project on time, gave huge profits. On the other hand, in the same way, money was lost on a large scale - the profit in this situation is formed at the expense / losses of less intelligent investors, who should pay for everything! Now the market has changed - there are no projects / companies / "megatechnologies" created every second, where they are lured at every corner. Some kind of market regulation has appeared. The market is becoming more "law-abiding" and therefore less profitable against the background of 2017