Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: quarkfx on April 08, 2014, 03:24:04 PM



Title: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: quarkfx on April 08, 2014, 03:24:04 PM
Investing in cryptocurrencies
Don´t speculate, don´t be scared – be creative!


When you listen talks in cryptocurrency forums you often hear the term“investment” referring to freshly bought or mined currency units. I always found that partwise problematic and I think it´s helpul for people who are new to cryptocurrencies to reflect upon what they are doing when they become involved with cryptocurrencies and how they can actually invest in a certain cryptocurrency.

click here to read on (http://millionquarks.org/blog/investing-in-cryptocurrencies/)


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: pandher on April 08, 2014, 03:29:07 PM
Innovative way to advertise quark


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: quarkfx on April 08, 2014, 03:29:50 PM
Shameless way to advertise quark

Have you even read the article? No? Then maybe read.


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: pandher on April 08, 2014, 03:30:51 PM
Shameless way to advertise quark

Have you even read the article? No? Then maybe read.

Yes,



If you want to become active in the Quark community there are different task forces striving to advance Quarks infrastructure and technology. Look them up and use your skills and talents to advance Quark.



Nothing other than quark on the blog


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: quarkfx on April 08, 2014, 03:32:41 PM
Shameless way to advertise quark

Have you even read the article? No? Then maybe read.

Yes,

If you want to become active in the Quark community there are different task forces striving to advance Quarks infrastructure and technology. Look them up and use your skills and talents to advance Quark.

Should have read more than the last paragraph. The one before your quote is for you:

Quote
And don´t waste energy in flaming other cryptocurrencies but rather collaborate to make them a real alternative to fiat money.

Of course the blog is about Quark...doesn´t change the fact that THE ARTICLE concerns ALL crypto. But why am I discussing. You didn´t read the article....so I´m wasting my time here.


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: reRaise on April 08, 2014, 03:33:58 PM
Shameless way to advertise quark

Have you even read the article? No? Then maybe read.

Yes,

If you want to become active in the Quark community there are different task forces striving to advance Quarks infrastructure and technology. Look them up and use your skills and talents to advance Quark.

Nothing other than quark on the blog

hehe if you knew who quarkfx is in the community you wouldn't say that. He has been very active and a QuarkLabs member which is focussing on design-promotional material and artwork  :)


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: Netnox on April 08, 2014, 04:41:35 PM
"If you really want to “invest” in a cryptocurrency then the best thing to do is to become an active part of the community, because the community and its infrastructure are the real and lasting values."

This


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: fernando on April 08, 2014, 06:11:18 PM
If we don't get involved and don't get the currency adopted then we are just playing with tulips. Money is worth something because it can be used. It doesn't matter how advanced the algorithm is if nobody will accept your coins.


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: Zzzack on April 08, 2014, 07:49:04 PM
If we don't get involved and don't get the currency adopted then we are just playing with tulips. Money is worth something because it can be used. It doesn't matter how advanced the algorithm is if nobody will accept your coins.


haven't read the article. but the hope for cryptos is that we all use the most advanced coin...

the problem is, that doesn't always happen. VHS vs Betamax is a good example. VHS was more popular, but Betamax would have been much better and more usable.


Title: Re: Golden rules for newbies pt. 1: “Investing” in cryptocurrencies
Post by: fernando on April 09, 2014, 09:31:54 AM
If we don't get involved and don't get the currency adopted then we are just playing with tulips. Money is worth something because it can be used. It doesn't matter how advanced the algorithm is if nobody will accept your coins.


haven't read the article. but the hope for cryptos is that we all use the most advanced coin...

the problem is, that doesn't always happen. VHS vs Betamax is a good example. VHS was more popular, but Betamax would have been much better and more usable.

That is true. I didn't want to diminish the importance of the coin being technologically advanced, I was just pointing that the other part is also necessary. In fact I think that the other part is more difficult to achieve because you need more people and assets that are not always under your control (public opinion, regulation, news, merchants...).

BTW, fully agree about video, VHS sucked!