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RE: Crypto Shopping Cart – 06 June
How I never added some BNB to my stack months ago is beyond me, kept meaning to do it...oops. And yeah, I have way to much steem relative to my other coins.
How I never added some BNB to my stack months ago is beyond me, kept meaning to do it...oops. And yeah, I have way to much steem relative to my other coins.
Ouch. But hey, it happens. Keep your ear to the ground, at this stage the market is only starting to rumble, the bulls aren't really running yet. I believe that BNB can still grow a lot, they should draw a lot of attention launching those non-USD stablecoins soon. (maybe soon?) But I suppose that there are more attractive deals out there in terms of ROI.
Because you missed BNB, I'll help you out with a tip: Stepping back and looking at the market VERY broadly, it is dominated by American money. American money likes American and Eurocentric projects. Larimer is seen as a King, ADA remains a top coin despite being vapourware, highly centralised XRP is very popular. BNB is the only Asian coin in the top 10!
Those who are watching global power-play will probably agree with me when I say that power is shifting from West to East. That includes economic power. As that happens, as Chinese influence grows, I expect to seen Eastern coins do better. I'm not going to sit here and shill you my list of favourites, I'm just going to say that going long on solid Chinese coins seems like a good idea to me.
That may be a way to get ahead of the pack who are still fixated on their Western coins. As always, DYOR applies ;)
Solid advice. Luckily my portfolio has a nice spread of both west and east. I hold roughly a dozen different coins. I think NEO is my largest eastern based coin holding.
Glad to hear it! All we really have to do now is sit and wait...