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RE: Is The Cult Like Actions Of Crypto Helping or Harming?
I think I’m a centrist on most of this. I’m a bit more bullish on Steem but that’s because it’s got lots of use cases. I’m also a detractor of ripple since reading an article that the dude who started it was shitting on every other crypto like a shill, saying they are worthless products and invest in ripple. Once the price of ripple spikes that stake I got in them is going to be converted out into something useful lol
So ya I think after all that, I’m a centrist. I don’t have the emotions in it like some do.
I like steem, I think it's undervalued because still so closely tied to its first dapp steemit but as dapps like marketplaces and games start adding to the chain I think it will have a place in the sphere and has plenty of money-making opportunities other than simple swing trading.
I dumped my XRP close to its ATH and haven't looked back since. I think its important to also see where emotional sentiment lies because you can leverage herd mentality to make your gains.
I have no feelings on a particular coin I've got my stake in about 12 different ones all for various reasons and I want to add 5 more soon while also adding funds to a few staking opportunities.
I think crypto along with emerging markets like ETFs in say India are good places to invest as they're undervalued in my opinion. Precious metals are cool if you're a gold bug or want to protect against downside but i"m searching for yield so I'm keen on risk assets
i believe the use cases of steem is what makes me confident that the steem price will still rise to a very high price in the future...
Posted via Steemleo
Ya there’s a lot of use cases but will it pan out is the question. I’m trying to stay neutral so emotions don’t get the best of my behavior.