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RE: The Ideal MEDIUM-RISK Cryptocurrency Portfolio

in #cryptocurrency6 years ago (edited)

I guess I'll wait for @louisthomas to make a new post about the high-risk coins and evaluate those coins for investment for the possible October-November bounce that you mention.

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Markets are the most oversold in the history. I'd very surprised to not see a return back to mean. At least a 300% bounce with many of the good fundamental coins. This is market is not like the stagnate 2014 markets. You've got one major updates after another coming out in near to mid-term across many coins and platforms. Projects that have been under development for 2-3 years.

Which are the fundamental coins? BTC, ETH, perhaps Steem?

Yes. Those and EOS. It will be interesting to see how Bitcoin Cash and Dash take a lot of market share from BTC in future?

The 1MB centrally planned blocksize limit is crippling Bitcoin's adoption for use cases. Meanwhile, the other two coins I mentioned are open to developers building that protocol app stack to be used as real money.

In BTC, you can only develop if your Blockstream approved in the lightening network that still does not work after 3 years.

ETH is the ultimate protocol stack coin. The most value should accrue there in the base layer.