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RE: This Is What Brand New Crypto Investors Are Saying? Do You Agree?
I agree with the alt-coin low priced coins scenario. People want 10X gains, not "just" 50% or so which is what they feel they might get with the larger valued coins.
But BTC and ETH also serve a very important purpose. For the most part, the alt-coins are traded in BTC and ETH so people have to buy them first before buying an alt-coin.
Also for most ICOs, one needs to buy in using BTC and/or ETH.
I see a big rise in all cryptos for 2018 as the cryptocurrency field has become more well known. Also hedge funds and other financial institutions are buying in with a lot of new money added. HODL and buy.
HODL and BUY!!!! That is the truth. I agree, having BTC and ETH are needed if you want to buy anything else and they are not going anywhere for a while. Good point. Thanks for reading.