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<blockquote data-quote="JayJuanGee" data-source="post: 458268" data-attributes="member: 5330"><p>I don't really follow the specifics of any alt coins; however, I get some exposure to some of the ideas and fundamentals of various alt coins through my study and my investment into bitcoin.</p><p></p><p>I consider large majority of the alt coins, including steemit, as pump and dumps, yet I am not attempting to discard their various technological innovations and their potential to contribute in a large number of ways to the crypto space, but nonetheless, I consider them all to be very risky in terms of long term investment, but of course if you can find various alt coins that are undervalued, you may be able to ride it during a period in which it has had an upsurge in pricing.</p><p></p><p>Surely steemit had recently experienced considerable pumping, and surely it could be pumped some more. I just have few ideas regarding any of the timing concerning when to get in or when to get out.</p><p></p><p>Currently, I have only been investing in ETC because I think that there is considerable potential that it could reach parity with ETH. I don't think that there is much fundamental value to either ETC or ETH because they could both be absorbed into BTC - however, I do think that there is going to be some ongoing battle between ETC and ETH in which they likely move towards parity - whether that is by ETC coming up or ETH going down or even whether it will happen at all remains a bit unclear to me.</p><p></p><p>Are you thinking about investing into Steemit? </p><p></p><p>Do you own any crypto's at all at this time?</p><p></p><p>Do you have other investments? stocks, bonds, 401ks or precious metals or real estate?</p></blockquote><p></p>
[QUOTE="JayJuanGee, post: 458268, member: 5330"] I don't really follow the specifics of any alt coins; however, I get some exposure to some of the ideas and fundamentals of various alt coins through my study and my investment into bitcoin. I consider large majority of the alt coins, including steemit, as pump and dumps, yet I am not attempting to discard their various technological innovations and their potential to contribute in a large number of ways to the crypto space, but nonetheless, I consider them all to be very risky in terms of long term investment, but of course if you can find various alt coins that are undervalued, you may be able to ride it during a period in which it has had an upsurge in pricing. Surely steemit had recently experienced considerable pumping, and surely it could be pumped some more. I just have few ideas regarding any of the timing concerning when to get in or when to get out. Currently, I have only been investing in ETC because I think that there is considerable potential that it could reach parity with ETH. I don't think that there is much fundamental value to either ETC or ETH because they could both be absorbed into BTC - however, I do think that there is going to be some ongoing battle between ETC and ETH in which they likely move towards parity - whether that is by ETC coming up or ETH going down or even whether it will happen at all remains a bit unclear to me. Are you thinking about investing into Steemit? Do you own any crypto's at all at this time? Do you have other investments? stocks, bonds, 401ks or precious metals or real estate? [/QUOTE]
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