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RE: Musing Posts

in #musing-threads7 years ago

While I definitely think that EOS and Steem are great choices,  this kind of thing can be impossible to predict.

For a coin to go up 100 times in only one year it is possible that some outside factor will have to occur.  For example, let us say that Amazon decides that they will start taking XVG as a means of payment.   

This could set XVG off like a rocket,   especially if it's the only token that they take.   However, there's no way anybody could know what sort of thing like that might happen. It's the unpredictable that makes a coin take off. If Facebook dies,  and people stream over to Steemit.... all bets are off.  Moon time.  No one can say though.

This is why a lot of people say to diversify.   The coin that goes up a hundred times could very well be one that you have in your portfolio as long as you have a large diversity of coins.