Wow: what a day.
But I am not worried, why? Two reasons:
One, I saw the writing on the wall a couple months ago. Transaction fees were skyrocketing on Bitcoin and transactions took forever so I diversified out of Bitcoin. What is the point of owning a coin that was so difficult to use? Is this really the coin you would suggest to new crypto people? Hell no, at least I wouldn't.
Two, I made the BOLD prediction that Ethereum would overtake Bitcoin in 2018. So I put my money where my mouth is. I cashed out most of my bitcoin, diversified in Monero, BitcoinCash, Steem, and Ethereum.
I am not regretting it.
Friends that know me are aware I have dabbled in crypto for just over two years now. I am far from an expert but when you can pick up on trends and keep your finger on the pulse of crypto a lot of aspects of it become relatively intuitive.
These past two months I have had roughly 5 friends ask about investing in Bitcoin. My answer was mostly: DON'T. If you want go ahead, but I told them to look at Ethereum. I told them diversify. Partially Bitcoin, partially BitcoinCash, partially Monero but mostly in Ethereum.
Those friends are not nearly as upset as some people I know that blindly bought at 15k.
I took some screenshots of Bitcoin and Ethereum from Coinbase... And the difference is drastic. So, let me ask you, is 2018 the year of Ethereum?
Thanks for reading, please comment on what you think 2018 will bring!
