Bitcoin looks really unstable right now, even though Segwit is over 80% there seems to be a lot of resistance. Take a look at what Craig Wright has to say about Bitcoin https://cointelegraph.com/news/craig-wright-rants-against-bitcoin-decentralization
ETH has stopped it's recent crash at $260 and looks like it's on the way back up....
I took a big risk and sold all my ETH at $300 or so in favor of newer coins that I think have a lot of potential, I'll get back into ETH as soon as it dips down to low $200s. Will that happen today? I seriously doubt it at this point as ETH looks on the way back, but given the volatility of these coins it can drop to the low $200s again in the future, so I will be waiting patiently to see if that day comes. Right not I am focused on newer coins that I can buy more of, banking on their long term possibilities.
)
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eth
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Are you in steemit chat or discord? Would love to chat with you
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Sorry I'm not, but you can chat here via comments, what's up?
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Was just gonna ask you how you came to some of your decisions, but it would be too long a discussion in comments. Highly recommend becoming part of one (or both) of those platforms though! Great means of connecting and networking
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it's cool, my main motivation for selling my ETH was to buy into newer currencies that are cheaper and have very promising futures in my opinion, so I could buy more with my money. I think ETH has a great future but I still think it's currently overvalued and I still think a bigger correction is coming, it grew very fast to 3 and 4 hundred. I want ETH, but I am taking a gamble that it will go below $200 soon and that's when I will buy back in... it may never go below $200 again... so that is the gamble. But I like a lot of the new coins I am buying into... again another gamble, because ETH has just started to have it's name in the mainstream along with BTC... so it's a safer bet. But I am betting on the long term growth of some of these newer coins.
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I'll look into chat platforms, which do you recomend?
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I'm part of both so honestly, either is good.
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nyc
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