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RE: Bitshares, July 27, A Trader’s View

in #trading7 years ago (edited)

The DEX is a phenomenal idea. Needs volume, but it'll get there, slowly but surely. Nice difference in commissions between crypto trading and stock trading too (regardless of exchange). But what I like best about crypto is having the wind at your back - this is a long term bull market in its infancy! Even if you get caught with your pants down, the size and scope of this bull will be ever forgiving, if, and this is a big, very key "if", you pick good ones to work with. I'm playing with a very limited list for now: BTC, LTC, BTS, STEEM, SYS, PIVX, and then for the real longshots, I don't feel too uncomfortable with GRS, XMG, NLG and maybe a little DGB at lower prices. Nevertheless, BTS and STEEM are my unreserved favorites. Check 'um out and let me know what you think.

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Everything you said, is awesome. Upvoted!

Great to hear that! 😁

I'll check these out and get back to this conversation. Now it's sleeping time at my location!

Yep, it's a challenge to pick good ones to work with. Having so many coins/digital assets around does not really help. Me too needed to limit my playground to keep my acts together. My list mainly includes BTS, STEEM, BTC and early adopted Monero. Smaller pieces in few other coins. I'm following MUSE too although information is limited and its future seems a bit unclear. All in all, BTS have been the number one for some time and long may it continue!

I checked GRS, XMG and NLG and found NLG the most interesting at this point. Too bad that it's not possible to trade them at Kraken or Polo where I have accounts as well.

It's surely a great feeling having the wind at your back! That reminds me of years 2009-2011 when Ag and Au had the wind at their sails. I still think that PMs can continue with next leg of bull market along with Cryptos, at the same time.

BTW, as a prog fan I dare to share this link about the wind at ones back: