House of cards
The year 1995 to the 2000 were crazy times if we take a look back in history. The start of internet and the over exuberance for all the people who believed they could own a little piece of the future that would solve all their problems. The dot.com bubble was build on top of air and was as steady as a house of cards. Many companies came out of nowhere and were all trying to create a company build on the web. Somehow it wasn’t even so difficult to built a company cause people would try to speculate on it anyway. However it was a known fact that those companies wouldn’t sustain a crash.
Sustainability
Many popular companies such as Amazon, Ebay and not to forget Paypal a company that's worth 91billion all survived the burst of the bubble , because they were fundamentally stable and really thought about the customers. However the majorty of the companies didn’t make it as result of bad bunisess-models, no good development teams, lack of trust etc. Many people were simply caught in an ilusion where they thought the market could only go up and all started to speculate on whatever they thought had a little bit of potential. Sadly that didn't work out for them. Warren buffet once said “One who speculate’s on the market will likely not be a winner"
Bitcoin vs Dotcom
See any similarities with coins and tokens? maybe the hype of ico's begin 2018? the insane growth in tech companies who all of a sudden started a blockchain business. Even companies who were in a totally different niche started to integrate blockchain in their company. Where there is hype or something trending, people will blindly follow in and hope for the best. Well hoping doen't work in this world.
Dollar cost average yourself in. Don't be part of the dumb money.
