Well today I've seen some of my investments rising again.
Is this the start of another pump?
Usually it would id expect at least 2 to 3 weeks of stabilisation before another boost in price.
Is this the most exciting year in cryptocurrency?
I've said it before I think 2017 is the beginning of the rise of the digital currency.
Many people have said it's a bubble but my thoughts are this bubble hasn't even gotten started.
Steem is rising nicely aswell let's hope we get another huge week or 2!
I think this year crypto will really starting getting some serious attention!
I think we are in the next upleg of the bubble. Is it the final one? Nobody knows?
It's only just starting if you ask me we've a long time to go yet
During this pump I think it's important to notice which projects/tokens aren't mirroring bitcoin/ethereum's growth, and take some time to learn about them.
For example, digital art space is something that looks like it could be interesting - digital rarity linked to the blockchain for things like in-game items, art, music even. Right now the only project I know of is Pepecash, a dogecoin-like meme currency, but more serious iterations will probably sprout up soon.
I figure we will have a more real "bubble" around the end of the summer (bitcoin's steady rally this past week suggests we're not done with the pump) and things will become quiet for a long while. I'd recommend anyone new to cryptocurrency who's life/career involves the digital world to really spend a few months studying and researching a few dozen projects. Then buy a reasonably safe portfolio in September/October when things quiet down a bit and altcoin dumps happen.
Very good information there, yeah there are so many different coins now and more coming there's a lot of opportunities.
Digibyte has been very exciting this weekend, interested to see if its a pump and dump or if people will hold till the june 10th announcement.
Yeah it's had a good weekend!