You are viewing a single comment's thread from:
RE: A Flipsters Paradise - Navigating the ETH ICO Jungle
Thank you for helping to me realize what I have been denying for the last few weeks. I have owned ETH since last October and it has been the best investment decision of my life so far. I still believe that it holds a lot of value and will do amazing things. However, I can no longer deny that a large portion of this price surge is due to the never ending ICO's. Many of which will provide nothing of value in the future. This has made me change my position and realize a decent portion of my gains from ETH. At this point in time I am most excited about Steem and am slowly moving more dollars into the network. Thanks you again @wingz for your well worked post on a talked about topic!
It feels very fragile at the moment, probably still a buy right now. It's getting riskier and riskier the more inflated these ICO figures get and the more scarce they become. I'll be unloading the majority of my ETH before the Kik crowdsale.
If it keeps going, that's fine, I'm happy to be more defensive.
Sure, sure, when is the Kik ICO scheduled?
https://tokenmarket.net/blockchain/ethereum/assets/kin/
As of now, unannounced. I'd expect next quarter though.
Still trying to train myself out of falling into the FOMO trap. Maybe an electroshock bracelet hooked up to coinigy.com could work...