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RE: My Statement On Crazy Altcoin Speculation
I've seen a lot of coins with no fundamentals that just seem to soar on hype. Tron comes to mind, I don't think they even have a working product. Meanwhile a lot more solid projects are languishing. In the long run the quality coins will prevail but it can sure be aggravating to watch some people get rich off of crap.
Right now, I am really feeling that way about Bitshares. It has a fully working product with the DEX (decentralized exchange), fast transfer speeds and excellent fundamentals... but it's price has had a big drop in the last week or so. I'm sure it will come back up, but the drop is tough to watch.
I feel better about Steem, as there seems to be more and more people joining and contributing.
I keep hearing a lot of good things about bitshares but it is something haven't done much research on and I have never invested. Maybe a good time for some research.
Now is a good time to research #bitshares. I consider it to be one of the most valuable things that I've learned on Steemit. Steem and Bitshares go very well together. I've written a few posts on it in the past and I'll probably write a few more. Here are two recent posts:
Hope those help. Feel free to comment on those posts, or here, if you have any Bitshares related questions. I'll do what I can to help!
Thanks for the links I will check them out!
No problem. I also just posted another article on this topic.
And they are currently looking cheap!
Actually I'm just in the process of consolidating, going to buy a little more iota, I'm tempted by data. I sold 20% of my verge after it 20*, gonna hold onto the rest, I guess it's free money now.
That's a good way of doing it. Basically free rolling.