ETH or ETC? AMP or Steem? The advantage of being bi-sexual is that it doubles your chance of finding a date

(The Puffin Post) After the Ethereum hard fork Ethereum Classic (ETC) not only did swimmingly well – it skyrocketed while ETH felt pressure. Since the third of August ETC is retracing the powerful upswing though.

Comparing Steem with Synereo (AMP) it is easy to identify: AMP was supported by waves of purchases, while Steem was trapped in a downtrend for the last weeks, although this might change as the recent breakout to the upside against BTC looks promising.

For those who currently are undecided and are asking themselves

„Shall I go with ETH or ETC from here?“

or

„Shall I invest in AMP or Steem?“

Warren Buffett’s methodology, who is considered to be one of the most successful investors in the world, might be offering a solution.

The Wall Street giant used a quote from Woody Allen, who said that

the advantage of being bi-sexual is that it doubles your chance of finding a date on a night out

in order to highlight that the strength of Berkshire Hathaway is its “bi-capability”.

Warren Buffett, who is CEO and the largest shareholder of Berkshire Hathaway, explained that the flexibility in capital allocation of buying whole or parts of companies gives Berkshire Hathaway a significant edge over companies that limit themselves to acquisitions.

„Our appetite for either operating businesses or passive investments
doubles our chances of finding sensible uses for Berkshire’s endless
gusher of cash.“

While we all are not sitting on an endless gusher of cash, with cryptocurrencies asset allocation and asset diversification is certainly not an issue as the coins can be divided so easily into fractions. For me it is certainly a tough call, which coin/team strategy will be superior over the other in the upcoming months and years.

Will the „untouched classic“ ETC or the for the sake of investors manipulated ETH win through?

But while the hurdle for ETH is high, the team crumbles and the community divides itself, hashrates moves over to the other side an investor can join in, take sides and voice his distress
or
he acts differently and chooses to be “bi-capable“ eliminating the concern:

 „What happens if I do not pick the right one?“

Another bonus: The impulse to comment the ETC/ETH gossip in the troll chats of the exchanges will be eliminated.

I am going to bed with my ETC and my ETH.

Oh and as I like to have company I will invite AMP and Steem over too.

What are your thoughts on this topic? Please take some time and write them down as comments.

What is your opinion on picking both rather than one when you find yourself in a situation of valuing both investment choices?

Will ETH or ETC be gaining upside momentum again? Or is exactly this competitive environment poison for the Ethereum coins and the chance for others? Will the ETC feel the mighty dump of the DAO hackers anytime soon?

Are you optimistic that Steem is managing its breakout of the downtrend? The price is just hitting the falling trendline again and from here has the potential to find a long trigger for a move up north again. The Relative Strength Index just broke clearly out the oversold territory on the 29th of August and signalled a buying opportunity.

Do you think investment stocks trading strategies can be adopted in crypto trading?

What about the platforms Synereo and Steemit?
Will you act “bi-capable” or stick solely with Steemit or choose to exit?

Risk Disclaimer: Any of the opinions, researches, analyses and other information in this article are provided as a market commentary and are not to be seen an investment advice. Please be aware of all the risks associated with trading cryptocurrencies, your investment objectives and risk appetite before you start getting engaged.

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Credit for the first Image
[1]: Image Credit