I said I wouldn't do it..... but YOLO
I was going to put my cryptocurrency investment strictly into bitcoin and ethereum. But I changed my mind. Here's why.
Coin market cap for all cryptos a few days ago was about 107 Billion $$
A few days later its almost $116 Billion
Bitcoin and Ethereum prices have stayed pretty constant over this time.
This means that about $9 billion of new money went into all the other crypto currencies.
Out of about 65 BTC trading pairs on one major exchange
Yesterday 11 of 65 were in the red. The highest red coin was down a little over 2 percent.
All The rest of the coins were up by more than 2 percent on average.
Money is flowing into this cryptocurrency space if you want a piece of it.
Coins I'm watching Ripple, Bytecoin, Siacoin, Potcoin , and Dogecoin
Happy Coining
** Remember, only play with what you can afford to lose**