Hi all
I went into ethereum a year ago and it was quiet a (profitable) journey (10x my Investment). I bought some more ether, monero and zcash when this thread was started in early june, but i do think it is expensive now and risky, especially if you are not already in cryptocurrencies.
I think the tech behind all the stuff is still very experimental and most of it is overvalued. But i think there will be another hype cycle where more mainstream comes in and the bubble grows larger before it bursts - but nobody can predict the future.
I consider it as a high risk investment and i think the most interesting chances are maybe new coin offerings (initial coin offering - ico), but be aware that a lot of them are also scams.
I participated in the following ICO’s, both focused on creating Visa cards where so you can spend your cryptocurrencies for real world stuff
https://mona.co
https://www.tenx.tech
I could post more results, how these ICO’s went. They will release the coins soon and my strategy is to sell a part early to get back my invested money and go long with the rest of it.
BTW: I am aware of the mustachian way and i have to learn a lot about safer and longterm investments - but my investment career is young and only in cryptocurrencies for now. Hope to change that soon 