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We just need a right moment to take the decision. Never wait for 100x. Execute the decision when it is fair and fine. Hold good projects and go long for them. Flip projects that are hyped in short term. However, DYOR.
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Right now NEO is undervalued and it is also one of the alternative to Ethereum I believe. Yes NEO has some concerns about the infrastructure scaling like Ethereum, but it also has a good road ahead with solid community of developers.
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ICO kraze may not end permanently but will definitely slow down. The FOMO is settling down and only the real good projects with good intention survive. We have to find niche among the niche.
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I came to know about blockchain technology after I was interviewed about the same. Didn't had any idea before but eventually understood greatly over the period of 1 year.
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Normally i follow some of the good crypto influencers..and look at ICODrops.com. Also look at whitepaper, hype, token metrics, team and advisors. This is how I make my own due diligence.
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Ethereum, NEO, Cardano, EOS,..such projects holding promising future, however the use case of these projects is different to bitcoin. Eventually bitcoin is poised to become the store of value where as Ethereum, NEO, Cardano, EOS are more like infrastructure platform.
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Ethereum does look solid as a platform and it could bring even more of innovation in the future, however it is not a really solid cryptocurrency for trading, so I would stick to bitcoin or some other mainstream crypto.
Trading is different to platform. Well I believe the value of blockchain infrastructure is proportional to the level of maturity..and Ethereum is the most matured blockchain platform..and holds long term prospects. |
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NEO and Ethereum work in different kind of algorithm but essentially both are infrastructure blockchain platform. NEO have good developers community where as Ethereum already boasts large number of developers. Right now I would favor Ethereum to NEO, however, the future prospect of NEO is also very good.
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True that many shit coins exist and the people that are less aware gets trapped in. Pump and dump exists in low volume..and the innocents suffer. Unless there is some sort of compliance controls, it is difficult to achieve the results.
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My first investment was in Ethereum and I invested around 100 dollar. I knew when Ethereum was 15 dollar, but only got caught in the FOMO whenit was heading towards 300 dollar. The first investment was without any pragmatics and now I am much more aware about blockchain.
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We cannot rule out the possibility because innovation is imminent...for now bitcoin has taken the lead role..first as a means of transaction and now as a store of value. There are some very promising alts, and we hope that by time they will get more mainstream.
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I think you are right to the extent. But we have to remember that good projects provide liquidity for all. We need to keep track of VCs that has gained credibility and also essentially understand how the token is distributed and circulated.
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Looking at the bitcoin evolution..Ethereum has much brighter prospects ahead. First, it is one of the matured blockchain platform we have seen and it has solid developers community. To reach to this level, it takes time for any other platform.
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The use case of crypto is yet to be felt and we definitely are in need of killer app that makes normal people more aware about crypto. Ultimately this leads the thing in right direction in the future.
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Ethereum definitely has a large community of developers and users..and one of the most matured blockchain platform. Ethereum has very bright prospects ahead look at how they are serious about scalability issues.
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Well patience is definitely the key in cryptos...the crypto market being volatile takes the patience away from people. However, if we adapt to good projects and learn to be patience, it is always a win-win situation.
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The market today is falling but looking at market capitalization, I think the price of the crypto market is going to pick up next month. Now the price of Bitcoin will increase first and then the altcoin
The market goes uo..comes down..goes up..comes down. This is the normal thing in crypto. Still the volatility is very high and things are not predictable as easy. But if it goes up next month, it is good thing for us  |
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