Looking at this over the last few weeks though, bts has way too little volume and is commanded by algos.
Bots keep stochastically shoving what little gains there are up and down... these all being "healthy corrections" - I like "well-deserved" better - bts is for idealists, it's on the whole way more profitable to just hodle in btc... bts has the additional problem that it also falls when btc falls. I can't see it as an investment option as long as btc rises - a mere fancy. It's in essence a well intended, badly marketed and therefore up to date relatively unsuccessful concept, much like Ripple. I took some profits but lost much time - in a world of booming bitcoin, bts is a disillusioning experience. This may change in 2018, or not. It will likely change once the crypto market matures and gets regulated, because the concept is a very good one and I would like it to stay.
You are viewing a single comment's thread from: