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RE: Bitcoin: Will It Take Another Leg Up?
Great post. Perhaps consider making Youtube videos!
What's your view on not diversifying and only holding Eos & Litecoin?
Both seem promising and safe so I'm not referring to safety in regards to diversifying but rather missing out on other gainers. Curious to hear your thoughts.
There are others that I like, I just prefer to stay away from speculating on those at this current moment. I like bitshares. The underlying technology there has the potential for local businesses to issue their own shares and create local stock markets which would bring prosperity back to dilapidated communities. I like Steem obviously. Litecoin, EOS, Steem and Bitshares have the greatest potential to make an impact in my opinion. To me, a lot of other cryptocurrencies are 90% hype. It's almost as if some people aren't even taking supply into consideration. It's not that these other coins don't have good tech, but the people who invest in most of them are foolish and are causing the price to go way higher than it should be. Similar to how people with no money get zero down loans and drive the housing market up ruining it for everyone else. Having a house is great, but not when it's been bubbled up by non thinkers.
Thanks for the response. Very interesting. I'll have to look into Bitshares. Never had a proper look at it but Dan seems to know what he's doing.
I think we'll still be in this hype for very long. Long enough to profit off of it but will have to watch out when things start crumbling...
It's kind of like the internet. The Nasdaq took a huge hit in 0-01 but has bounced back many times over since then. The people who sold amazon shares as they started to hit the floor back then greatly regret it today.