I was always promoting diversification and I still believe that you should have at least 10 projects in your Crypto portfolio but this time I didn't do that and I have invested 80% of my money for Cryptos into just two Cryptos, BTC and EOS.
Beside that, remaining 20% of my portfolio is made out of tokens from crypto exchanges that are sharing their profit: ABCC, BigONE, CryptoBridge, CoinEx...
Why have I made move like that?
Answer is simple, I believe that those two Cryptos are closest to mainstream adoption and they are delivering what they are made for...
Bitcoin development is steadily increasing, Lightning network is increasing number of nodes and capacity, Segwit adoption is rising and transaction fees are very low. I have never seen Bitcoin as daily money for coffee. With Lightning network or even with current fees that is very possible but I would never use Bitcoin for that.
Bitcoin in my view is STORE OF VALUE and MONEY FOR LARGE PURCHASES.
I like GOLD and I have invested in it but I don't use it to buy coffee or some other daily transaction. There is simply no need for that. Same thing is with BTC. I keep gold to PRESERVE my money from losing its value. All governments are printing money like crazy and even major fiat currencies are losing their value over long term so we need protection from that. One is GOLD but other and better is BITCOIN. It is easier than gold for storing, transferring and spending plus there is finite number of Bitcoins. Beside all that, HUGE amount of money is already invested in Bitcoin (in mining, storing, spending and trading) and investors will support their investment by all means. Even Soros and Rothschild nave some funds that are invested into Bitcoin. Maybe they are evil but they are not stupid...
I was always BTC believer and all this developments lately are just confirming my belief...
EOS on the other side is closest to be used as leading platform for making DApps and EOS holders can benefit out of that.
EOS has great technology behind it and it can really support all needs from developers. After just few months of existence, it has become clear leader at number of transactions among all blockchains. We can discuss is number 21 block producers enough for decentralization but less than 5% power per BP is not bad number for me.
To use EOS network you have to stake EOS tokens. More DApps developed + more tokens are staked = less EOS on market market = higher EOS price.
There will be leasing of EOS tokens and you will be able to rent your share of EOS network and earn out of holding EOS.
THERE IS NO OTHER MAJOR PLATFORM OFFERING THAT.
If you are ETH holder, what benefit you had out of holding ETH while all those ICO's are made? NONE. Someone could say that benefit was price that was going up but all tokens were going up also so there was no difference between holding ETH or some shitcoin. As a long term stock market investor, I have always liked blue chip companies with dividends. With them you have some kind of guaranteed income and when you invest your money, you calculate some guaranteed return no matter what is happening on the market.
EOS is that blue chip stock for me and no other crypto platform can compete with EOS at moment.
My investment in profit sharing exchanges tokens is again to earn money to buy more BTC and EOS out of dividends that I am getting.
I would like that my list of investments is longer but at moment I don't see any reason to invest into anything else beside BTC and EOS.
I would like to hear your opinions about this and what are your Crypto investments.
Regards,