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RE: Crypto Blood - Analysis - EPA - Steemit "Stuff" - 157
It's too early for a lot of cryptos to fail. A lot will fail, just not now. When there is a new pump, I'm going to sell some of my cryptos and move them into projects I trust more long term.
I think people are cashing out now. Maybe it will change hard to say. It seems like Steem is the only one really backed up by anything.
Sure people are cashing out. But I'm not in it for the short term. I don't know why you would say that Steem is the only one really backed up by anything. Look e.g. at my favorite crypto Vechain. that project is HUGE, with many partnerships already active, and their technology is already being used in the real world.
I guess the better cryptos should do well in the long term especially with inflation coming. What projects does Vechain have?
Here is some info already:
https://bitshouts.com/vechain-partnerships-ven-dapps/
The list is now longer as we are a few months further. Still it already gives some idea.
Sounds good I guess but that article almost sounds more complicated than Steemit. lol I think I struggle somewhat because I am pretty new still to the crypto world. The Steem blockchain is pretty complicated but it does make sense to me for the most part.
Are you active on any other blockchains besides Steem?
Not active. But I do invest a in bunch of them.
You might be able to make a blog post out of your investments. For a while this site seemed like a Bitcoin and everything but Steem site. Now I can't even barely get any info on EOS which was supposedly going to be the main competitor to Steem. lol