My (amateur) view on the market is that all the Alt coins are really down now. Clams seems to be the best one I can spot acting like a bull! Of course I do not have a position LOL! or Cry Out Loud! What worries me is BTC is rising without a bunch of volume... not a good sign. I'd like to see BTC pull back just so I can purchase it for buying Alt coins... of course all the Alts take a dump with BTC so watch out what you ask for!
It's a crap shoot, except Wall Street is looking at this and what I fear is the programmed trading eclipsing the every day traders. That may be at work now with all the Alt Coins basing, or lower, and BTC nearing the all time high again. Some of these Alt coins are serious platforms for building businesses around. QTUM which Trig uses is a great example. I like Ark, Ten X, Gnosis, Bancor, etc.
I threw some $$ at SALT, and watch it tank LOL! I am down well over 20% there, but those cats have a good business plan. I don't think you can lose buying Ripple on the dips... I sold my small position in Ripple at a profit last night to scoop up about 800 shares of Trig... but I was a tad high in that trade as I bought above Trigs bottom. I had a reserve of BTC which I threw at the bottom, well or near it.
I am just trying to avoid the chaff of coins/tokens that have no useful purpose (that I can see), and concentrate on ones that have potential as being adopted into Main Stream Business. Neo or Walton come to mind with that, but I do not have a position in them. Sys Coin is on my radar, and Nexus seems to have a lot of community, and purpose. I like the fact you can mine Nexus with a CPU or Nvidia graphics card which I am exploring. I am kinda thinking about a Genesis contract. It seems to be a good play if Crypto in general takes a dump, while the big boys move in and trade everything sideways until they dominate the movement of the market.
Who knows, but it seems you can watch the charts for price and volume get a good position and wait for a run up to grab a little profit? I mean how is this different than stocks? Stocks unless they pay a dividend are worthless, except people reason, oh I will buy x at $L... but I will not buy X at $Z, oh that is too expensive because I can not see it going higher than $Z. Reason being the investor expects x at $L to go to X at $z. If that makes sense. For the Love of His Holiness.... buying Tesla (which I love Musk's vision), you have got to really believe $360 or whatever it is at now is going to $400? Eventually yes, but..
I like stocks, and tokens/coins that are innovative, and make sense for adoption. When I first started in stocks, I lucked out and bought Taser.... It shot up from $20's to 40's in like two weeks... every smart ass and his brother shorted it... well Taser was adopted by more and more police agencies in the USA as the weeks played on, and it created a Short Squeeze that sent it into the 70's or so... Dear Lord I was opening my account and watching it grow $1,000 a day! They only had like 9 million shares outstanding or something ridiculous amount like that.
How many Trig tokens are there, and it's finite now! True story. I went on a snowboarding trip overseas. Getting to know one another over drinks, I knew one fellow was from NYC, and I asked him what he did for a living. He said, he was a day trader. I say yeah, I have a cash account I play with, and I got lucky and bought Taser. He looks at me, raises his glass and says TAAAAAAZZZZE the Day! We laughed our asses off over that! I was moving $, he was moving $$$.
Hey man, it's all relative.... It's Master Card, Visa, Discover, and American Express that fear this block chain.... they either adopt or they die! I wouldn't buy any of their stocks until they adopt block chain technology...the first one that does, I will swoop in like a hawk on a mouse out in the open LOL! Time to keep or eyes, and ears open, and our powder dry.....
chill on the adderal bro