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RE: Top 5 Utility Cryptos To Buy On The Dips
- Ethereum. Im looking at his little brother ETC as eth has obvious scalability constraints. Also eth will experience a great competition in future both from smart contract side and ico side. I'm sold there.
- Look for ZEC. Same anonimity, no big and recent gains.
- STEEM. Definitely a buy asset.
- BI. Smells like pnd scheme.
- Has terrible marketing and user experience. Large recent gains. Be cautious.
I was keen on ETC before as I agreed with their principles and figured it was same tech as ETH, but it is not developing at the same rate. ZEC is good but doesn't have the same market adoption as XMR which is where the value is. Can you explain what you mean by pnd scheme?
ETC has been lagging ETH for development for at least the last 6 months. I think it's only had a couple of ICOs and they've been scammy so they just don't have market penetration.
If this was about technology then the whole market would look different and BTS would be in the top 10, but it is as much about first mover, network effect, marketing and business partnerships as it is about tech.
Binance may be pump and dump, time will tell I guess. I still think the biggest risk is exit scam or exchange failure (Mt Gox style). It has reasonable fundamentals so while it might pump and dump a few times I'm confident the overall direction should be up.