Nice risk reward trade technically, but this time I am going to throw you some backgrounds behind first. Ever since 2013 the infamous hack, people are starting to realize that centralized exchanges are huge risk both for us and the whole cryptocurrency market. We then experienced hack but fortunately that didn't drive them out of business, instead, they issued tokens and relieved. And, here we are, as Forbes reported 'Crypto-Heist': Coincheck Hack Could Be The World's Biggest Ever Cryptocurrency Theft bit.ly/2BmE64x 534million worth of NEM 0.41% gone in a matter of seconds. Just earlier today, 10 Jan 2018, We have ANOTHER!!!!! The wall street journal reports, Cryptocurrency Worth $170 Million Missing From Italian Exchange on.wsj.com/2BliIMI 170million worth of NANO 3.91% this time. ALL OF THE ABOVE will force people to look for DEX( decentralized exchanges), such as #ico-neonexchange- * OMG * KNC * BTS * BNT -1.79% I'm going to allocate 30% of my portfolio into this space.
***Disclaimer*** This is just a personal opinion, NOT financial advice.
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Kyber Network
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So far so good
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I have 20% of my portfolio invested in OMG, let's be patient here.