I recently gave up on trading alts on bittrex/poloniex as there was a mini bear market on. Too bad for me!...as there was great trading to be had with NEM, XLM, this one, and probably others! Actually, I made a nice profit from antshares on the previous spike....but too bad I sold it all!😰
Is there a long term reason to hold it - not sure: I think the pump/dumps are often more extreme when China is heavily involved though ....so I wouldn't personally be to keen on holding after whatever news comes out! But before then, it could still go higher I expect.
As for what it's about I don't really know other than I heard it described as China's ethereum 😄If so, yes.... it might well be a reasonable long term hold!
Edit!! Probably there is no objective evidence for what I said about pump/dumps when china is involved! What I think I'm recalling was the volatility in bitcoin (and Litecoin) when okcoin/huobi were the drivers of the market and provided leveraged trading (which is no longer the case).
LOL😀
do you think antshares (neo) is a solid investment for long term holding?
disclaimer: i know you're not my financial advisor. just curious your thoughts on it ;)
I recently gave up on trading alts on bittrex/poloniex as there was a mini bear market on. Too bad for me!...as there was great trading to be had with NEM, XLM, this one, and probably others! Actually, I made a nice profit from antshares on the previous spike....but too bad I sold it all!😰
Is there a long term reason to hold it - not sure: I think the pump/dumps are often more extreme when China is heavily involved though ....so I wouldn't personally be to keen on holding after whatever news comes out! But before then, it could still go higher I expect.
As for what it's about I don't really know other than I heard it described as China's ethereum 😄If so, yes.... it might well be a reasonable long term hold!
Edit!! Probably there is no objective evidence for what I said about pump/dumps when china is involved! What I think I'm recalling was the volatility in bitcoin (and Litecoin) when okcoin/huobi were the drivers of the market and provided leveraged trading (which is no longer the case).
thank you dude, I appreciate it.