People say if bitcoin crashes it will take everything down with it yet obviously bitcoin has been losing volume over the last year to alts, which present an even more profitable return, with ETH at 100x profit from last year compared to 12x bitcoin and Eth is poised to replace bitcoin where it will probably skyrocket 8-9x in price as everyone gets back in should it do a complete reversal to last year, meanwhile it might be wise to step away from ltc, dodge, and btg/bch and get more video cards for mining because 1/3 of the total coins on all 3 chains btc/bch/btg are locked out and as it stands right now and spam/volume proves all 3 to be dinosaurs at signing blocks, who would have thought transactions would take days hanging in limbo, nothing quite as confidence building as week long blockchain transactions.
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Yep. I agree. Also the speed in bitcoin has been an issue for me, but I could plan around it. The miner fees though as the value increased were ridiculous. The worst I personally saw was somewhere wanting to charge me $100 to move my currency. At that time $30 was happening everywhere. So if you wanted to use it as a slow currency to purchase something for $5 you'd actually pay $35. If you wanted to but something for $100 you'd end up paying $130.
That is ONE very expensive fee. Couple that with the slowness and I just don't see it as being a long term viable investment. I do think it'll keep doing ups and downs, but I expect things to replace it.
I was mostly in ETH and I'm glad ad Eth declined less % wise than the other currencies I am in.
I have almost nothing in the currencies you said to avoid. What little BTC I have is on coinbase to fuel my SHIFT card. Yet, I don't actually plan to invest a lot there except for short periods if a nice up trend begins again.
Yeah I converted BTC on bittrex to BCH, ETH, and LTC and tested transferring all of them to coinbase. LTC was the fastest of the three. It also charged me a $0.30 fee at the time BITCOIN fee was $30 to transfer.