I've not been into cryptos for as long as you, but i did buy a load of Ethereum when it was on its big explosion last month - even got some at just under $400! I'm too scared of missing something big so I can be impulsive. Lesson learned hopefully. I'm still holding on long teem as I'm confident it'll get higher, just wish I'd waited and bought double the amount at $200.
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Thanks for the reply!
I have no doubt Ether will surpass previous highs. There is a lot of uncertainty in the market right now due to the upcomming fork in August, I can see Ether returning to previous highs next month or the month after. Many believe Ether will be worth more than Bitcoin one day.
Honestly, Ether makes me uncomfortable due to it not being entirely decentralized, but I guess all cryptos are centralized to some extent.
Right. I agree that i think it'll go to new heights - hopefully relatively soon. I guess my concern with ethereum is all the icos going on. Will the system be able to find some kind of equilibrium between new money coming in as the ico those guys turn their ether into fiat?
Time will tell. There are a few competitors with Ethereum on the rise (EOS & Antshares aka NEO) Perhaps they will take some of the ICO load?
These are exciting times for me, I was not sure we would ever see a total market cap below $100 Billion ever again, there is so much room for many cryptos to grow!