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RE: Paradigm shift from Bitcoin to Bitshares
Thanks for clarifying and being honest!
I wish you all the best for your investment and I'm here too for the fundamentals (although like most people I hope to make some decent money on the way ;) )
Hi schwmm, Let me know how it goes this time and if you have any advise I would like to hear it. that applies to everyone that reads this :).
Sharing knowledge and mistakes is always the way forward
What I learned for myself so far in the crypto space:
If you invest longterm, then you are best of basing it on the fundamentals of the project. In that case the current price is only secondary as you do it for the right reasons and shouldn't look at the charts every day.
If you want to make a quick buck, then daytrade. Here the fundamentals of a project don't really matter but it's all about the current hype that determines a good trade. For example last week I wrote a blog post mentioning that I put money into Dash because of a big conference tomorrow.
I am already up 20% since then and will sell again just before the actual conference as the hype probably will die shortly after.