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RE: FOMO EVERYWHERE! - People Are Buying Any Cheap Coin Like Crazy!

in #cryptocurrency7 years ago

Unless you are purely speculating and trading, which I recommend to do only if you have traded before and are quite familiar with Technical Analisys, I would recommend to just hold your crypto into one of the majors which have been arround for quite a while right now, have a nice market cap, an experienced development team and have been following their roadmap for the past, that is BTC, ETH, XMR, LTC, BCH.......and of course SBD!

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I´m still not really sure whether technical analysis are that precise on Cryptos actually. The Fomo & Fud always seems to take all rules out of the equation :D
I definitely agree though that at least a certain amount of your portfolio should be stored in the big players who are less likely to make huge losses.