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Cryptocurrency |OT| Nothing from Money
- Thread starter Brandson
- Start date
Aztechnology
Member
That was a really good article, and I understand his rationale. However, I think a huge issue right now is involvement. Involvement at lower levels, this usually comes in from people who are GPU miners getting excited, investing and using the technology. ASIC miners are inevitable, but in CryptoCurrencies infancy it drives low level users away in droves and it just becomes whales.
Wow. Alot of very relieved people I'm sure.
Interficium
Banned
Crypto has interested me for a long time. All my investments have always been index funds so looking for something on the side that's a little bit more fun with the potential for more growth.
Thinking about doing 6k to start evenly split between:
BTC
ETH
ANT/NEO
LTC
ARK
WAVES
Thoughts?
Thinking about doing 6k to start evenly split between:
BTC
ETH
ANT/NEO
LTC
ARK
WAVES
Thoughts?
i find it hard to give advice, because nobody really knows what the future brings.
I think all your choices are solid, but cant tell you what to do.
i can tell you that ARK and ANT/NEO are really volatile atm. you can make a good chunk of money with short term trading. but also lose it.
for instance, im down 10% since i bought ARK a few days ago. but could easily be up 20% if i would have sold at the top of the pump yesterday and bought back in after the price crashed
both appear to be reasonably cheap right now, but i dont know where the bottom is.
they might be the coins with the most potential for increase in value on your list. they might be worth nothing in a year.
go to https://www.coingecko.com
take a look at the charts (1d, 7d, a week, a month, a year) for every coin in your list.
if you like what you see, go for it.
I think all your choices are solid, but cant tell you what to do.
i can tell you that ARK and ANT/NEO are really volatile atm. you can make a good chunk of money with short term trading. but also lose it.
for instance, im down 10% since i bought ARK a few days ago. but could easily be up 20% if i would have sold at the top of the pump yesterday and bought back in after the price crashed
both appear to be reasonably cheap right now, but i dont know where the bottom is.
they might be the coins with the most potential for increase in value on your list. they might be worth nothing in a year.
go to https://www.coingecko.com
take a look at the charts (1d, 7d, a week, a month, a year) for every coin in your list.
if you like what you see, go for it.
Aquavelvaman
Banned
My whole portfolio is way down today
Aztechnology
Member
I sold my $100 in Siacoin I had purchased the other day for $140. Will rebuy at some point as It's been steadily going back down. Wish I had sold at 0.0000085. I hesitated, would have been a nice profit take in order to rebuy with later.
CaptainZombie
Member
I sold off my Sia yesterday, I only lost a few dollars. I moved my Sia funds to Stratis, thinking that this might turn out to be something decent.
My Eth is taking a beating right now, but holding out for the long term.
DonMigs85
Member
I wonder if I should hold on to my SC or trade it in for ANS or Eth
Stratis looks good too
Unknown Soldier
Member
Good time to add to your ETH stake if you're still adding. I'm waiting to see if it can ever break through that $400 barrier, my stake is plenty large enough for me at this point.
DonMigs85
Member
I wonder if Stratis could be bigger than Eth in 5 years
Unknown Soldier
Member
I wonder if _________ will be bigger than BTC in 5 years is the question that no one can answer. Even ETH isn't a lock for that right now.
What does Stratis bring to the table that eth doesn't though?
The big thing seems to be that it's optimized for Windows development, but there is already a .NET library for ETH: https://github.com/Nethereum/Nethereum
DonMigs85
Member
Apparently, it can "solve more problems" and be programmed in C# as well
Aztechnology
Member
I wonder if I should hold on to my SC or trade it in for ANS or Eth
Stratis looks good too
Up to you, judging from when you bought you should still be taking a profit. I'm still mining Sia too, but I'm going to wait and see where it settles before I buy again. I think the ASIC miner has people rattled a bit, coupled with the boom deflating.
Aztechnology
Member
Being able to utilize C# is nice as a lot of windows business systems use it. However I think long term it's not that big of a deal.
DonMigs85
Member
Yeah maybe I'll just hold onto them. I mean, back in March they were worth just 0.0006 cents
Lilalaunebaer
Member
Well, i´m officially out of all my crypto currencies. It was a bit more than 7k so no loan needed. Screw you high interest rate banking system! Still have like 0.002 btc on bittrex that i set up as a buy order for blackcoin at like 100 satoshi in case some flash crash or fuckery happens. You never know.
Not mining right now, just too hot and don´t want to have my ac run 24/7. Mobile unit so it´s not that effective already, don´t need a 290x blasting heat into the room.
So, when is the current bubble bursting so i can buy in cheap again in a few months
element
Member
also 12% of the available ripple will go into a 5 year escrow at the end of the year. Very possible that over $1 XRP is possible.
CaptainZombie
Member
ETH is taking a beating, already going down to the $270 mark.
Aquavelvaman
Banned
ETH is drowning
I'm seriously considering selling all my eth.
It seems like the entire crypto market is correcting pretty hard right now
Might be a good time to just get out for a bit
cheezcake
Member
I don't think it's dead but we may need to wait a few years (ala Bitcoin) to see some real returns after this point. Eth still isn't really used for anything but shitty ICO's.
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
Bitcoin might be just past the "New Paradigm!!!" phase. First selloff/Bear trap was a few months ago.
If this plays out as expected, there will definitely be a bull trap soon with all the hype we had recently and people waiting to buy after a correction.
This thing always plays out like a science.
If this plays out as expected, there will definitely be a bull trap soon with all the hype we had recently and people waiting to buy after a correction.
This thing always plays out like a science.
mingoguaya
Member
This sucks. Every time there is a drop and I want to buy some ETH Coinbase crashes.Seems like the bottom is in every time Coinbase/GDAX crashes
Bitcoin really isn't used for anything either other than holding it. Probably better off holding gold than btc honestly.
Borboleta Amarela
Member
ETH has been on a slope since friday. I bought some at 290 euros and now it's 240...I'm in for the long game but it's funny to see how volatile the market is. Especially so on supposedly "strong" coin like ETH.
I might buy more next week if it keeps on going down.
I might buy more next week if it keeps on going down.
CaptainZombie
Member
It looks to be going back up now rather slowly. I would have I have to get a few of Eth, but was concerned of it going further down. I do plan to get some more Stratis this evening that it also has dipped.
walking fiend
Member
I wonder how much of these fluctuations are because of Korean/Chinese markets adjusting to the US prices, as it is not just eth, but essentially everything is going down [ETC seems to be an outlier, an interesting one to watch]
Another possible reason is that the technicals of the market have become rather clear, and we probably have larger investors moving in that are just capitalizing on the swings, while before we mostly had people steadily investing into the system, driving the entry points higher and higher
Another possible reason is that the technicals of the market have become rather clear, and we probably have larger investors moving in that are just capitalizing on the swings, while before we mostly had people steadily investing into the system, driving the entry points higher and higher
Aquavelvaman
Banned
I panic sold my ETH this morning like a dumbass. It rebounded basically right when I sold. If I didn't have the ticker widget on my phone I would have never even known it was crashing and I would be way better off.
Anyway, I'm a dumbass. Don't be like me.
When I decide to re-buy I'm going to just forget about it and not look at the price for a couple years. It's not worth the stress and possibility of screwing up when trying to actively trade this stuff.
Anyway, I'm a dumbass. Don't be like me.
When I decide to re-buy I'm going to just forget about it and not look at the price for a couple years. It's not worth the stress and possibility of screwing up when trying to actively trade this stuff.
It doesn't make any sense, since Ethereum has been getting mainstream coverage lately and adoption from major companies. A correction was overdue to some extent, but this is more than a correction at this point.
I cashed out 45 at $470 Canadian, but plan to buy back in when it's stopped sliding. Not entirely sure when that'll be at this point.
walking fiend
Member
I am not sure? The market can be just going downward and some coins might recover, while some might not at all, and those that do might be back to their ATH in months and not just merely days or weeks.
Never forget, none of these coins have 'any' inherent value or use
Probably. But I know I would have. In the moment, it always feels like Crypto is about to be put in the grave forever. It has no inherent value and all of this is speculation.
Like, I've been going back and forth on selling my $300 in ETH because I've already lost $100 and the floor just keeps getting lower and lower with no sign as to when it could raise back up. It could take years, or it could be next week, or it could be never.