Re: Why I'm selling all my alt coins and putting everything into Golos
Credit to the OP of this thread. The price of Golos has increased 380% since the original post was made on May 18.
During that time the combined alt coin market is up only 71%, so the belief that Golos is underpriced seems to be true
During that time the combined alt coin market is up only 71%, so the belief that Golos is underpriced seems to be true
thanks
Interestingly also is that since I made the OP on May 18 Steem is up 189% too.
Sure not as much as Golos, but both coins have really outperformed the market recently.
I think they are getting more investment because they actually have traction and its growing - ie people using them how they are designed, instead of their price being pure speculation.
As crypto markets increase in value I believe coins that actually have some traction are going to get more investment. And there are currently very few cryptos with traction