If any of you have been watching Bitshares price, you'll see now is an awesome time to get in
As Bitcoin falls in value normally people move into ALT coins.
The benefit here is that Bitshares isn't just a coin, it's an actual decentralized trading platform.
So not only do you gain the benefit of holding a popular coin that has so many trading pairs... You also are buying a coin with utility.
A coin with utility means... that coin has a purpose, it's always in demand by people who want to trade tokens and other assets that have a trading pair with BTS
Now if you take a look at a page like this, you're going to see some interesting details:
https://onchainfx.com/asset/bitshares
A couple of interesting facts.
Bitshares had an ath (all-time-high) on January 2, 2018 at 91.68 cents. This was around the time that Bitcoin was also $14,058
When Bitcoin started falling, much to the lows we see now, people saw it as an opportunity to sell Bitshares and buy Bitcoin instead. What they didn't realize is that Bitcoin didn't rebound as anticipated and we see it falling now even more..
Bitshares on the other hand is showing a very low price now. On that same image above, I alert you to this:
That means if you bought Bitshares a year ago, you would have seen an increase on your investment $5,291%
That's huge.
Now in about the last month, bitshares price went from a high of $0.91 USD to right now about $0.18 USD
Remember the old phrase, "buy low" then "sell high"
It is a buy low price now for Bitshares, in my opinion, and that's exactly what I'm doing.
...and...
If you've never tried Bitshares before, or seen the decentralized exchange, you can find my tutorial here:
As an investor, I'm not an expert, so please do your own research. People ask me my opinions on what I do, and why I do them and I am happy to share this with you. It is up to each person to decide for themselves. Always remember, when investing, always do it with money you can afford to lose. Never borrow money to invest in something. Be safe.