@Poink
Yeah, it was a lot of work to do due diligence for every promising project last year, but now it's just impossible. Unless you have a group of people doing the research with you, I think right now it's better to focus on most hyped projects for quick flip and pick some solid coins you belive the most for long term hold. I have learned that for those crazy ROI ICOs fundamentals doesn't metter, it's pure hype.
Yeah, it was a lot of work to do due diligence for every promising project last year, but now it's just impossible. Unless you have a group of people doing the research with you, I think right now it's better to focus on most hyped projects for quick flip and pick some solid coins you belive the most for long term hold. I have learned that for those crazy ROI ICOs fundamentals doesn't metter, it's pure hype.
I agree. I used to play the market and flip now and then (when I am more enthusiastic and have more energy) but now I am going with long term hold (years). I will monitor the market but if all goes well, the trading should be minimal.
I was also over diversified and started consolidating my coins from 38 to 16 now...may end up around 12-14 soon.
I rarely "hunt" for new coins nowadays...I let them show up instead (near or in top 100 with decent community support). I may miss the max gain but it seems safer this way.
