Hi Steemers
So after a hectic week last week with opinions flying around, news of vitalik buterin dying, people panic selling and all in all a complete shambles of everything in the crypto market, things seem to have settled and in actual fact settled at a high price. This is going to be the natural growth of the cryptoworld depending on the coins with backing or not but you will see a rise in most of these currencies - my prediction sending most of the decent ones to be stable at around $100 - $500. Your bigger ones bitcoin and ethereum will surpass these obviously as we have seen with bitcoin already and probably some others aswell just how normal currencies go up and down against eachother.
Personally I am invested in many different currencies and will sit on these for a year or so then see what they are worth simply because i do not want to see myself panic selling and maybe losing out on what could be. Most of these cents are in the 4c - 50c bracket so there is very little margin for error and only one way to go and that is increase in value. Even if their max is only $1, i would stand to make alot of money off a small amount of money investment.
Think about when bitcoin was 10c people never knew where it was going to be in 5 years so I am doing the same but with competition around I will still be very lucky if they get anywhere near bitcoin. Personally I have set myself a limit and when they reach that amount I will sell regardless of the trend - trying not to be greedy but will have to see when the time comes.
So with the market stable and things back to normal trading I see alot of currencies have lost value - which is a perfect time to buy some more ARDR, NXT, STR, and a few others are all at a low and great time to buy considering their past prices of most recently 2-3 months. If I were others i would be investing into CVC which has grown from 10c per coin to 40c in not very long, it is on the down at the moment but this coin is something that is going to have alot of value.
Happy trading everyone and remember this is simply my opinion, I am no investment advisor, just an average guy trying to learn and teach what knowledge I have of this industry.
