I invested all of my crypto allocated cash pile into ETH at $7 in December. I saw potential and the risk paid off. I ultimately cashed out at $300. Took my earnings and put it into altcoins. In the past month I have jumped from altcoin to altcoin, trying to ride with the waves. Never put a large amount of my holdings into any one coin because I never found a coin I was willing to commit to. But then my wife (from China - I'm American) told me about ANS. With a name like Antshares, I quickly laughed her off.

With a healthy dose of skepticism,  I decided to do some heavy research. After reading what I could from the English "white paper" (I put in quotes because there are some significant issues with the English version) and having my wife translate the Chinese documents as best she could, I decided to commit to this asset. Ultimately, my decision was driven by three things:

1. Buying ANS gives you ownership in the blockchain itself. The Antcoins are the currency. I like being an investor in the product rather than the currency.

2. ANS (soon to be NEO) is exactly what I was looking for in a blockchain/currency/asset. I am not a firm believer in the libertarian idea that crypto will replace fiat. I am, however, a very strong believer that the long term winners in the crypto game will be those that bridge the divide between the crypto and fiat worlds. This is exactly what ANS seeks to do - branding itself as the "digital asset for everyone." I was almost onboard with Ripple for this reason. But what I like about ANS is it's mix between the greatness of ETH as a platform and Ripple as a currency/settlement mechanism. This asset has massive ambition that I'm excited to join for the ride.

3. China is the best reward/risk environment I can think of. If the government does not get onboard with this project, the project with fail (at least fail in comparison to my ambition for this project). This risk is what is keeping the price down. BUT if the government gives its blessing, or even backs the project, the sky is the limit. China is the perfect place to begin this "bridge between fiat and crypto." The country as a whole is already heavily involved in digital payments/transactions. If crypto is going to take off anywhere, I believe China is the most likely start. It helps that China is also the most populated country in the world.

I think the turning point for this project will be when either (1) businesses begin jumping on board and utilize the platform or (2) when the government stamps the project with its blessing. When either of these two events happen, we'll see this asset jump. The risk/reward is fairly balanced here. This crypto could either collapse or skyrocket, and that makes this ride all the more exciting. I'm in for the long run. I guess we'll see if I get lucky twice.