01-31-2022, 04:33 AM
Anyone else get overwhelmed by how many cryptocurrencies there are?
<!-- SC_OFF --><div class="md"><p>There are thousands. And yes, most are crap - but there are still hundreds once you've subtracted the memes and the down-and-outers that you could quite reasonably argue have potential. And then within those, there are 10s of different angles being played. Privacy? Yep, here's 15 coins/ tokens that offer it in some way. NFTs? Yep, here are 150 projects with dApps. Dex tokens? Staking? How much APR!? That's too good to be true, isn't it? 'Ecosystems'? What the hell is interoperability? Why are there 5 different coins with Bitcoin in the name in the top 100?</p> <p>How the hell do you decide what to invest in? How do you limit yourself to just a select few? It's great that there's so much choice, but it's a bloody minefield at times.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Pixeth_"> /u/Pixeth_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sgluia/anyone_else_get_overwhelmed_by_how_many/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sgluia/anyone_else_get_overwhelmed_by_how_many/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>There are thousands. And yes, most are crap - but there are still hundreds once you've subtracted the memes and the down-and-outers that you could quite reasonably argue have potential. And then within those, there are 10s of different angles being played. Privacy? Yep, here's 15 coins/ tokens that offer it in some way. NFTs? Yep, here are 150 projects with dApps. Dex tokens? Staking? How much APR!? That's too good to be true, isn't it? 'Ecosystems'? What the hell is interoperability? Why are there 5 different coins with Bitcoin in the name in the top 100?</p> <p>How the hell do you decide what to invest in? How do you limit yourself to just a select few? It's great that there's so much choice, but it's a bloody minefield at times.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Pixeth_"> /u/Pixeth_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sgluia/anyone_else_get_overwhelmed_by_how_many/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sgluia/anyone_else_get_overwhelmed_by_how_many/">[comments]</a></span>Kind Regards R