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RE: Why I won't buy a bitcoin right now

in #cryptocurrency7 years ago

I agree and its just not worth the current risk/reward in my mind. Litecoin has seen fantastic gains in the last few weeks and I am holding onto them. Playing around in the markets now with small amounts that I can afford to lose. I think if BTC drops a lot of coins will follow. For me its about understanding the problem a cryptocurrency is trying to solve, the size of the existing market and the potential for long term growth. There are a few gems that I believe are still good investments at the current price as they are blue ocean strategies.