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RE: The Current Shifting State of the ICO Markets
You might think tokens are a 'gimmick' and many today very well might be; Ethereum powers many other financial applications today so I would not be so quick to call it an elaborate gimmick.
Oh think we are in a bubble alright, just a micro bubble after this summers chaos I expect. This pump is far from over I agree.
TaaS and some of the other index tokens or things like ShapeShift's prism have quite high fees at the moment. Might be worth it for diversification but I might stay away until there is more competition. I am more than capable of holding my own diversified portfolios.
To read more about Prism or how I feel about the crypto bubble, check out my posts from last week!
I think you're right about staying away and building your own portfolios. For me they are easy enough right now to get exposure without the effort of properly maintaining a portfolio.
That being said I've been developing my own actively managed portfolios recently.
I'll certainly check out your posts :)
I think I would certainly want a portion of my holdings more actively managed than I have the time. I might let more competition from groups like Iconomi to hit the market.
I bought some TaaS with ETH when it was around $30. So yeah, I guess I could have managed my own portfolio better by just holding. Ha.
In hindsight, I agree, there will be many competitors and it will be better to shop around.
For beginners, Exodus makes it relatively easy to manage a diversified portfolio. They seem to be vetting each coin they add to their wallet extensively, so if you aren't an expert (like me) I feel mostly diversified holding some of each coin they offer (plus STEEM obviously, and a couple others).
Here is their roadmap for coins to add:
http://woobull.com/exodus-wallet-roadmap-a-list-of-upcoming-asset-support/
Well I wouldn't base my investment on Exodus including a token. That is one of the worst things you could do.
OK, thanks.
In terms of portfolio management I use cryptocompare and blockfolio
will do