People tend to chase blockchains and technology. At some point, you have to chase people INSTEAD.

It does not matter if you are new or old to cryptocurrency.

You either chase blockchains (like most), or people (like few do)...

There are over 1,300+ cryptocurrencies on coinmarketcap.com

• Which one is the best?
• Which coin is more profitable to invest in?
• Which blockchain is going to the moon a month from now?

ANSWER: NONE OF THEM

• Ok, @intelliguy, what the heck are you trying to say now?

I'll tell you.

Blockchains by themselves are NOTHING
Technology by themselves are NOTHING

It is the people behind the scenes that are the make or break point towards every single coin.

NEW Question:

• Why are there over 1300+ cryptocurrencies?

• Answer: Because people don't learn who the people are behind them.

Want your own coin? Create one tomorrow morning. I guarantee you will have over 1,000 idiots mining it, promoting it, and talking about it without caring who you are a month or two from now.

(that's terrible that it works this way, but it does)

...that's why today we have over 1300 cryptocurrencies.

LONG-TERM LESSON GIVEN TO YOU FOR FREE

I really should charge for this lesson, but since you found my blog or are a follower, I'm going to give you some free and useful advice...

When investing in anything.... It should happen in these sequential steps:

1. Who created the coin, who maintains it. Why should they be trusted? What does their resume say?

2. Why is it needed? Do no other coins offer similar things?

3. Is this coin a good buy based on marketing alone? Is it a good buy based on the public freaking out, or is it going to last?

The purpose of this post is for everyone to remember STEP 1, which is the first thing forgotten most of the time.

• Let's look at that again: "Who created the coin, who maintains it. Why should they be trusted? What does their resume say?"

Pick your top favorite coins you hold. Ask yourself this question:

• "Who created the coin, who maintains it. Why should they be trusted? What does their resume say?"
• "Who created the coin, who maintains it. Why should they be trusted? What does their resume say?"
• "Who created the coin, who maintains it. Why should they be trusted? What does their resume say?"

DO YOU EVEN KNOW? Do you even care?

No... no one does. It is the PRICE that decides every coin.

At what point did people LOSE THEIR MINDS... being able to do proper decision making? When some coin on the charts goes to the moon does that automatically make it sustainable?

You are being played people. For short-term gains, by wise whales.

The whales can move and liquidate markets at will.

Most new investors to cryptocurrency are easy prey. You're begging to get your wallet emptied over the long term.

Most people are so excited by prices, they lose reason.

When there is a party going on, everyone just loves the fun. They enjoy the balloons, the drinks, the loud music, and the singing along to happy times forever.

Guess who is sober in that corner that isn't talking?

The manipulator whales who put on the party and wait for all of you to leave with empty wallets.

OK, @intelliguy, you just ruined the party. I was having fun until you said that...

You're right. I ruined the party only because I want to talk to those few who follow me, or know who I am. You're 1% of the 99% out there listening and instead of enjoying the party.

Lucky for you, I'll tell you.

What you see today is NOTHING what you're going to see in 5 years...

How do you know that?

I've been here for 5 years doing this....

Prove it!

• Feathercoin... was huge back in the day 5 years ago. Ever hear about feathercoin now? Who the heck knows what that even is? See Feathercoin Announce dated April 2013

See....

Ok @intelliguy -- feathercoin was never a popular coin.

Oh yes it was.... Go look at it November 30, 2013 -- people were crazy buying it.. It was competing for 5th spot vs Megacoin (which is also fairly dead now)

Now today, most of you are making the same mistakes. You might say:

• "I'm invested in 5 of the top 25 cryptocurrencies"

You know what that makes you... a temporary idiot. You haven't spent the time or research to know which of any of those might last 5 years. What is popular today can be completely gone in 5 years.

Don't be a temporary idiot. The feathercoin holders will tell you the same.

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Want the cryptocurrency industry to go from kindergarten to adulthood? Re-steem this post.