What's Going On in Crypto? (march vibes 2018+)steemCreated with Sketch.

in #cryptocurrency6 years ago (edited)

The crypto space/race is evolving quickly, and getting some kind of understanding of the market can be helpful.
You'll probably have your own ideas.
Below are just some quick notes/impressions of mine so not to be taken as any lofty, professional advice.

So we've seen a bit of a recovery lately, and the worry is always about what will be the next dose of (regulatory) news to affect price.

Traders (and investors) are just so fickle with taking profit or shorting a coin, in order to buy more at lower prices.
But they may lose out from hodling, and seeing the benefits of this tactic. For one thing, supporting a project you believe in, and has a bright future, airdrops, forks, gas, voting etc. Investing should mean getting behind / involved in something sooner or later.

But it is hard to distinguish and see through the techie fog.
No one is even sure how regulation is going to be achieved exactly with this tech but I guess they'll need to come up with something.

#Blockchain VIBES:
Ethereum has been a worry. But I still think developments will help its performance soon and must see it regain strength.
But competition is healthy. Neo, Eos, Vechain... people love what's new and promising but the fact is there is time for Ethereum as it has a good head start. The others are seeing support and spikes but the deeper trend will likely be gradual.

I've not been too worried about Bitcoin, despite its tech issues.
Development continues and actually people depend on it like the ole daddy it is, despite its volatility under regulation news.
Bitcoin Cash and Litecoin are developing for transactions?
Stellar and Ripple are interesting holdings with strong teams.

Hashgraph by Swirlds - may be the next big thing but it needs to tackle security problems and real application of its 'gossip' protocol.
But Hashgraph is a different kettle of fish and will probably - properly - emerge in 2019.
Meanwhile, there may come hybrids that can eventually outshine both older ones and the latest, untested thing this year.

#NANO: this fast currency has formed new partnershipsincluding Twitch game-streaming, now owned by Amazon.
#IOTA: this uses a not-so-dissimilar tech to Hashgraph and will also take its time to get things right.

There are so many great projects out there but can - and should - you be trying to track them? It can be difficult to diversify and track. So maybe you could chuck 100 quid onto some things and lock 'em up in your wallets for later in the year. FunFair, Spank, Viewly, Status...

It's easy to notice investors going for real assets behind projects, and not just speculation about a project. (eg. gold (digixDAO), diamonds,etc) ..and yes also the up and coming dapp platforms with a useful future but at an early stage can be good options (witness EOS rising.) We will start to see more of these projects: the ability to invest in actual assets, not just techie ones.

My own plan is to consolidate profits from some of these projects into an investment fund, and trade with larger holdings and fewer coins. But that's me, because I do other things.

I recommend:
If you'd like to invest in crypto as a whole, instead of individual projects, check out Iconomi website and their DAA tokens.
There are different funds aimed at different aspects of the cryptocurrency space, but there are management fees of couse.
The ICN token itself looks also like a good hold, as it has value on the platform.
You can select investment types including the successful BLX token.
You can only deposit Ether or Bitcoin to buy on the site at present. It comes with an app for good tracking.

There are also token Investment funds such as The Token Fund, Apex, Lunar etc... Just be sure to check out the fees and details.

What I'm particularly interested in:
Getting more of a grip on the workings of decentralised platforms, like here at Steemit, or at Blockstack, Status etc..
I'm interested in what's out there today, and getting used to using them, and supporting them.

Please comment or share ideas. Writing does help to crystallise your thoughts, at least!
Upvote and follow to stay tuned to my occasional crypto-notes and mutterings.

Questions:
Difference between hedge fund and investment fund?
I believe a hedge fund is willing to take more risks, right? Investment Fund is a more 'mature' hedge fund.

#Bubble Bubble:
In my view, December was the bubble. Since then the market has been trying to figure out what it all means (and what it is) and find something new to get excited about and champion. It has found projects, yes, and will continue to do so, but it keeps coming back to its original, major players.
However, the real value and application of the space is now beginning and corrections may come and go before the market finds it developing, reliable champions at large in the wider world.

Which companies most resemble Amazon and Google in their infancy? Ripple, Stellar..? Whatever isn't wrapped up in itself or in imitation but wants to find its ground in the real world.
Note: I don't much like Ripple. I'm invested a little but the token isn't looking so good down the road, in terms of its use or its nature. It better become more decentralised one day!

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