I've seen a lot of coins with no fundamentals that just seem to soar on hype. Tron comes to mind, I don't think they even have a working product. Meanwhile a lot more solid projects are languishing. In the long run the quality coins will prevail but it can sure be aggravating to watch some people get rich off of crap.
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Right now, I am really feeling that way about Bitshares. It has a fully working product with the DEX (decentralized exchange), fast transfer speeds and excellent fundamentals... but it's price has had a big drop in the last week or so. I'm sure it will come back up, but the drop is tough to watch.
I feel better about Steem, as there seems to be more and more people joining and contributing.
I keep hearing a lot of good things about bitshares but it is something haven't done much research on and I have never invested. Maybe a good time for some research.
Now is a good time to research #bitshares. I consider it to be one of the most valuable things that I've learned on Steemit. Steem and Bitshares go very well together. I've written a few posts on it in the past and I'll probably write a few more. Here are two recent posts:
Hope those help. Feel free to comment on those posts, or here, if you have any Bitshares related questions. I'll do what I can to help!
Thanks for the links I will check them out!
No problem. I also just posted another article on this topic.
And they are currently looking cheap!
Actually I'm just in the process of consolidating, going to buy a little more iota, I'm tempted by data. I sold 20% of my verge after it 20*, gonna hold onto the rest, I guess it's free money now.
That's a good way of doing it. Basically free rolling.