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RE: MR. MARKET HAD A DEPRESSION YESTERDAY - WONDERFUL OPPORTUNITY FOR HODL'ERS
Good insights, @onetin84.
I have a similar strategy with BTC/ETH. Hold some, buy altcoins with some. Definitely a smart move buying in at lower market rates.
As for EOS, I see it dropping much further in price before it spikes with further development and towards the end of the ICO. I would definitely hold on that one too.
I'm switching my investment strategy from some fiat to all crypto as well. When banks are looking into private distributed ledger technology (even the Federal Reserve), you know it's a safer bet long term.
Thank you for your longer comment, saw it just now. Long term i think the FED has no choice and uses the blockchain in their own favor. I thought about switching many times in the last months. Which share should i put into cryptocurrencies? Currently i'm in with about 20% and think about increasing the share maybe up to 50%.
I would definitely go with what you're comfortable, as far as what percentage to invest. Cryptos, while lucrative are still fairly high risk. I put a little more into those I feel have longevity, like bitcoin, steem and a couple others.
I also look at the trends for smaller cryptos, check out their white papers, how they're using blockchain, roadmaps, development teams and potential before considering a smaller investment.
Really, it's a matter of personal preference.
As for the Fed and banks. Its smart looking into open ledgers and I think can only mean more security for cryptocurrencies long term.
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