Getting there getting there! However I didn't notice the spike until it was already quite high. Still a rr of 1.5:1 seems good to me for now...
mightytrader
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You think it will go under $200 again? =D
Genghis
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@mightytrader, Don't know... but if it does i'll be there to buy some
mightytrader
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@Genghis, I'm gonna pray to Jesus that it drops! =D
Genghis
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@mightytrader, what are your thoughts on EOS and XRP ?
mightytrader
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@Genghis, I still have yet to research EOS. But I generally don't like Ethereum-based tokens for investment (other than Ether, itself). There are several reasons why including the ICO stuff and SEC deciding some of them qualify as securities. But mainly: I like a coin that is based on its own blockchain and software/code base. I don't know that I trust everything being on one blockchain. But I also don't fully understand the tech. behind it but Ethereum was hacked before so...
For XRP... I like Ripple the company. I think XRP is a cool technology and can do wonders for the banks. I was always fascinated with it since I first heard about it in 2013.
But, for long-term holding... I would rather trade it at this point.
The only coins I would invest in are privacy coins and maybe NEO at this point (since it could compete with Ethereum). I think Ether was pumped too much but still investable. Also I like Decred and Litecoin. Prefer DCR over LTC.
But I am not investing in cryptos for the long-term at this point. More interested in learning to trade and grow my regular bank account.