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I'm going to stay diversified. I'll probably just hold throughout...I'm a long term believer in Cryptos, so I have the patience to wait through some turbulence.

interesting

Great point, but I have no idea how to find the bottom nor the top. I would just be guessing. Hindsight is always 20-20.

definitely

I'm just grabbing NEO on the fire sale it is right now and keep pumping that GAS!
Lisk is my other pick for September as it's rebranding should be finished by then and they are also launching a massive advertising campaign.
I see BCC quite risky, as recently 97% of it's hashing power was held by an unknown entity.

September there are also several ICOs coming on the NEO platform.

interesting

I suspect we won't see such dramatic crashes anymore. The influx of new money (especially institutional) is already so massive and steady that it mitigates the impact. Koreans especially seem to pour fiat currency in all cryptocurrencies currently available to them.

This is my first resteem. Im isually drawn more to positive outlooks about the crypto market, but I like your simple solutions to the btc issue. Im a head in the sand type of person because I usually feel better doing that, but something rang true about your write-up. I like that you stayed optimistic about the crypto market as a whole. Overall it help the community morale and is more inviting to newcomers. Great post. Am following you starting.....Now.

interesting

This is such a critical point i liked from this post. I think optimistic approach for cryptocurrencies and crypto markets is proving to be such an important factor that is imperative to be considered especially for people who have know-how and some belief in its underlying use.

Speculative nature of these markets makes it hard for anyone interested in crypto and its uses from monetary standpoint even if they find the technology ground breaking. It genuinely helps the crypto community as a whole let alone any new coin on the block.

Great post. Love the information and honesty. Look forward to your repost on this topic in Sept. I tend to agree with you on most points.... Cheers ... Upvoted

cheers

What do you think? Will people go scurrying to Ethereum? I have even heard people predict that Ethereum will overtake Bitcoin.

Bitcoin has the first mover's advantage BUT Ethereum came in and said "Hey I can do everything Bitcoin can do AND more for less, oh and it'll be faster too." Pretty much a game changer once they implement the next phase in Ethereum's roadmap...

interesting

How does that work? That Bitcoin cash goes up if Bitcoin goes down?

interesting

Thanks for explaining. I'm a newbie and this crypto world is bewildering. It reminds me of the first ever time I touched a computer, back in 1994.... my noodle is getting blown again. I wish I had a nerdy, eloquent friend who would help me through all this, especially as I am trying to buy some cryptocurrency, and it seems like a minefield.

Great evaluation on the upcoming 2x implementation! I think you are spot on with most of your predictions, but I don't know about moving investments to Bitcoin Cash.

Will you be moving back to Bitcoin during the downtrend for a profit then?

interesting

Hmmm I hadn't thought about that last scenario... Bitcoin Cash taking over Bitcoin, that would be crazy indeed!

yeah bitcoin cash won't overtake real bitcoin

Thanks for this thorough article, upvoted and resteemed! I'm quite new in the game and last time when the market crashed I lost a lot and had no grasp on what to do. Now I think I have a better chance to survive the next fork.

cheers

I knew about cryptos for a while just never got into it. I'm just starting to and this was some very valuable info that I will be looking to and comparing in the future. Thanks and God bless

Thanks pal! I post regularly about these sorts of things so don't forget to follow if you're interested :)

The frok is estimated to will be happen in November

I think you may have not read the article haha

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I am not worried about it one Satoshi.

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 7 years ago  Reveal Comment