Throughout 2018 I liquidated most of my ALT holdings into BTC, present portfolio mix sits around 90% BTC, 10% ALT. Recently started researching options to increase my ALT exposure by another 15-20% and after a few days i found myself depressed that despite the fact ALT investment options continue to proliferate on a daily basis, now numbering into the thousands, I did not find a single ALT that had enough meat on the bone where I felt comfortable reducing my BTC position to take position in an ALT. Not one ALT I researched where perceived risk/reward was such I could say in honesty reducing BTC investment by any percentage for (insert name here) ALT made sound financial sense. Fact, having been in ALTs since 2014, most of what I see now in 2019 (same as 2014) has me thinking putting my money into a pile and burning it would be the better investment, at least then I wouldn't need to suffer over an extended period of time waiting for inevitable (insert name here) ALT implosion, collapse & death spiral to 0.
But yesterday happens and through discovering and installing Brave browser I come across BAT (Basic Attention Token). BAT checks all the boxes for me and if they continue to execute with high success on their business model potential positive returns in BAT seem exponential comparing against the other ALTS I've considered. I look at BAT & see through its integration with Brave the potential one day to stand toe to toe with a Google, Facebook, Youtube, et al. and not just stand, but win. I'm thinking I've found my next new ALT. But I have a problem in the duration & depth of my knowledge regarding BAT is super thin, I've known of but nothing about BAT or Brave until taking a deep dive into all things BAT these past 24 hrs., so pls if you got dirt on BAT help me out, gimme the goods, tell me what I missed, why it's pure guano, give good reasons I should let BAT fall off my investment radar. Not looking for opinions on other ALTs to invest, only opinions on why it should not be BAT.
Side note - BAT investment yea or nay, I have found a new default browser for all my devices in Brave, if this is your first time hearing of it do yourself a favor and check it out for free download here ---->
https://brave.com