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October 18, 2016, 08:36:42 PM |
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So robotic indexed allocation to Top 10 Alts underperformed BTC, zzzzzzzzz... Anyone doing this deserves to lose, man.
On the other hand... Using a little fundamental knowledge to avoid weak Dev teams... Focusing more on Top 100 to Top 50 coins... Hitting a home run or two with longshot coins or ICOs... Market making to capture massive spreads in Top 50 area Alts... Getting out with profits during a pump, etc, etc, etc... And you are lightyears ahead of Bitcoin's pathetic performance.
But the real money is made launching Alts, not lazy man indexing of Alts... Roughly $2 billion has been syphoned out of the BTC ecosystem by Alt Dev Groups... And there is no end in sight to this phenomenon.
In fact, Ethereum is now being stripped of value to a similar degree by ICOs.
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