RE:There are about 1500 cryptocurrencies
Stop spreading FUD. 19/20 will not disappear and most cryptos doing ICOs now have existed in some form for a couple of years. If you read some whitepapers and see the potential a lot of the ICOs are better than the junior stocks here. These ICOs (cryptocurrencies) can raise cash from almost anyone with a brain and the internet. They raise the cash at a fraction of the cost that regular stocks do they don't have to pay investment bankers a fortune. I agree some will go to zero just like many zombie stocks out there. Infact I think the rise of cryptos will cause more stocks to go to zero as people slowly realize that the banks are being cut out. When you read a report by an investment bank (Goldman Sachs comes to mind) that bashes cryptos just think how muchoney they stand to lose being cut out of issuing securities in the future. Some ICOs and coins are scams, they need regulation. They are difficult to understand and require a lot of due diligence. Claiming 19/20 will go bust in 24 months is asinine. These cryptos are raising hundreds of millions and have huge trading volumes. Use your brain before you believe the investment bankers. Cryptos will do much better over the next decade than major stock indices. At least 5 times as good with a 19/20 certainty.