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RE: The life of a Crypto-Broker

in #steem7 years ago

You could look into GnT and SC, as well as MAID, these are the type of bullish investments your clients will enjoy, they'll be able to follow the progress and watch their portfolio increase slowly, these companies are focused on attaching a service to their tokens (cryptocurrencies), obviously STEEM is a good investment too, we are starting to see alot of influential social media figures jump onto Steem so once they start mentioning it to their thousands of youtoube, twitter, facebook followers steem will only grow exponentially as nobody wants to be left out of the new trending social media. Also I've made alot of returns on BTS and if you looking for pump and dump investments, something like XRP has paid off in the passed, but be careful with its volatility as we talking big volumes moving regularly. good luck with your trading mate, wish you all the success.

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Those are all great picks, and I believe all have a long term future. I am heavily invested in MAID, Ripple and most recently Bitshares and the strategy for those is to hold for a minimum of 2 - 5 years. My investment advice in crypto is if I were to fall asleep today and wake up in 5 years would those projects still be around. Good luck in all your crypto investments :)

I've looked into all of these and have mentioned them a couple of times to my clients. I especially like GNT I personally think it has the most potential. That being said MAIDSAFE has been around a long time and has a lot of potential too.

I am ashamed I have only just looked into STEEM. To be honest, Steem is in my top favourite projects I will be preaching it like it's the bible.

I have some XRP, for me it's a longer term investment. I'll buy and hold and tell my clients to do the same thing, I don't mind price movements to much.

Thanks mate I appreciate it!

Yeah, I'm not too sure about XRP long term, it will go up but nowhere near the speed of adoption on the others, there's just been too much bad press on XRP of late, and the developers have had to mitigate this by setting up agreements on their locally held stockpile of XRP, the fact that it cant be mined is concerning too, the only source of inflation is how much the developers are willing to sell, the volume available vs the price should be a clear sign. I've made some money off it but mostly from pumps and dumps (thanks to the high volumes), I definitely wouldn't be holding a lot of it, you'd be way better off putting that into steem long term.