RE: Cryptocurrency 2017 Price Predictions And Fundamentals

You are viewing a single comment's thread from:

Cryptocurrency 2017 Price Predictions And Fundamentals

in money •  8 years ago 

Agreed, Bitcoin is the opportunity of a lifetime. We live in very interesting and exciting times.

People talk about the risks associated with crypto, but less about the opportunity cost of missing this modern day gold rush as a new decentralized global order is established. They also largely do not understand that inflation is eroding their savings at an incredible rate.

Agreed the market is huge, I understand global fiat currencies are over $4 Trillion and gold around $7 Trillion. Of course we know fiat inflates and gold fluctuates, but at a market cap of around $130 Billion, crypto, in particular Bitcoin and Ethereum look decisively cheap.

My alt-coin currency picks are LTC, XRP, IOTA, STEEM, ZEC.

My token picks are OMG, PAY, REP, EOS, NMR, BAT & MLN.

Absolutely, one must diversify portfolio. My strategy is to weight the big market cap currencies as the bulk of the port, with BTC taking 40% and ETH at 15% and LTC taking 10%. The rest is distrubted amongst the alt-coins and tokens that I am drawn to and see have 100x upside - all being well.

Definitely need to observe caution in the ICO space. I always look for a great team of individuals with a track record in the space, a MVP (Minimum Viable Product), a USP (Unique Selling Proposition), a clear vision and strategy, active community of developers and evangelists, respected advisory board and investors and most importantly the X factor - something that intrigues me, keeps me coming back for more.

Thank you for your insights. It was a pleasure to read. Happy trading and investing.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!