RE: Overvaluation and cryptocurrencies
Really liked your thought process! A market crash is inevitable and the higher it goes the bigger the crash...
The time for investing in shitcoins is definitely over! Now only real projects with actual value will give you a return on investment.
Unfortunately, the shitcoins outweigh the good ones by a lot. Every investor should do due diligence before jumping on a new hype.
One project I've done some research about is ONG.social. It's a social media platform fighting censorship with a similar compensation model as steemit. The main benefit is that you can post on ONG and it acts as a hub and posts on your other social media sites as well. The ICO is coming up in a few days.
But please don't take my word for it. It's just a project I like. If you want to check it out just google their whitepaper it explains the whole project way better than I ever could lol.
Just keep in mind to do your own research and don't follow anybodys advice blindly...
I'm also interested in onG but besides that I'm also curious what is your definition of shitcoin?
I will look into this onG .social ICO. I have been hearing some hype about it recently