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RE: The Gig Economy

in #economy6 years ago

As investment dollars flow from things like stocks to crypto I really wonder how things will go. I would guess that good investment advice was a part of things back then, for your $800+ dollar trades. (Actually my mom suggested never to listen to stock brokers but I have no personal experience with that, LOL)

It is hard to know where to invest in with crypto, there is a lot of conflicting and obfuscated information out there. Many times things sound good at first but after reading more about the coin something trips my internal BS detector.

Coins with a lot of potential seem to get dumped off the exchanges, (i.e. Bittrex) causing a lot of lost value for investors and the loss of listing fees paid by the developers or coin community. Many coins have had their initial go of high pricing only to be cast aside when liquidity drops. Lots of crypto can be traded with low or no fees in some cases, yet low cost trades are not a bargain when exchanges list a bunch of coins without supporting them for a long term. Loss of coins off exchanges from theft have been a big deal too and leave me feeling uneasy.

I think decentralized exchanges could potentially change things a lot for crypto. Maybe this year we will see some better support for them. If things improve I think we could see a big rise in the price of Steem.

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