Hi,
If you have $100K, which crypto would you spend it on? I have thought of this scheme where I set up 3 classes (categories).
Class 1: Safe prime coins
Class 2: Popular alt coins
Class 3: Risky/shady alt coins
Most investment goes to Class 1, i.e. 70K, 25K to Class 2, and the remaining 5K to Class 3.
So a few prime coins like BTC, ETH gets the most money. In Class 2, you might have a single coin you invest several thousands, but in Class 3, you spend $5K on 10-15 coins as they might crash or explode.
Is this a sensible idea? How would you portion 100K on various coins?
What's your own portfolio like? I assume there is no issue sharing this info.
Thanks in advance.
If I had 100k to invest in crypto I will avoid investing in risky altcoins and icos, after all 100k is a small fortune already, so I will invest in the safest coins out there, most of it will be invested in bitcoin and the rest in ETH, ETC, LTC and waves, with that amount of money there is not much of a point in taking huge risks, just buy safe coins and hold for a very long time. |
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The last time I talked about this, BTC was about $4500 and that was ALOT. Look at it now $7700
There is something special about wanting to own a full BTC but I can see that most will never. 10 years down the line and people will owning very small fractions of BTC.
Can you imagine the day when 0.00000001 is equal to $0.01
You need to forget about those thoughts, yes the price of bitcoin went up, well we do not have control over that the only thing we have control is how much fiat we get and how much we invest in bitcoin, if you are not willing to invest in bitcoin at these high prices then take the risk and invest in an ico, you are going to take a similar risk that the early adopters took when they invested in bitcoin, you can lose all your money or make a fortune. |
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what are the social and economic impacts cryptocurrencies have ?
and how will this affect third world and poor countries because of their limited access to internet and modern technology?
If bitcoin becomes as big as we think it can get then it is possible that bitcoin begins to replace the local currencies of poor countries this is going to be revolutionary since people will stop accepting the local currency printed by their governments, this is happening in a lesser scale in countries like Zimbabwe and Venezuela where people prefer to have their money in bitcoin than in the local currency. |
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Is there a fixed supply of bitcoins around the wolrd or is it printable like $?
The maximum amount of coins there are going to ever exist is fixed an it is not going to change, however not all of those coins have been mined yet so bitcoin has a little bit of inflation as every block that the miners find generates new coins, however we cannot print bitcoin at will and that is one of the things that makes bitcoin one of the strongest currencies of the world. |
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Hello Dear Bitcoiners, Firstly I appreciate the Beautiful Block Chain Technology but after Have anybody lost/got stollen their Bitcoins due to Fradulent activity and the best ways to get/retrieve them back.However the accounts have been locked but the damage was already done.I got to know that somebody transferred the Bitcoins into an external address only by myself after checking my account which had 0 coins after two hours of the transfer was done,immediately called my Wallet customer care where they locked my account to hold off on the further transactions but thought two hours was not too late to hold off the transaction but it was already done.4.5 BTCs just got off and my heart broke. When I buy a Bitcoin it takes a week to be delivered into my account but when a fraud happens the transfer went on immediately  ..Wish these scammers are punished and there is a little enhanced block chain technology to stop these Any advices/help in this regards is appreciated But always protect/safe guard your accounts,I would repeat the same message in each of my post as I know how painful it was to loose your hard earned money for some scammers ..I would have been happy if it was donated by myself for charity purpose rather being robbed/stolen by the scammers/hackers I’m sorry for your loss, it is unfortunate that there are so many hackers and scammers and I do not think things are going to improve if bitcoin becomes more popular since at that point there will be a lot more money to be made for those criminals, the only thing we can do is to secure our coins to the best of our ability, this is why I’m very paranoid when it comes to my bitcoin and I take all the precautions necessary to protect them from those thieves. |
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Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
I don't think so, we are both equally benefited today besides we are all doing our efforts to earn here. It's just that the value of bitcoin is on fire today, maybe because it is being recognized and some legalized it in their countries. On my opinion, No its never been unfair to those early adapters. Lets say, the early adpoters have enough money to invest like millions to invest for sure they can earn more compare to those old bitcoiners. Well, it depends the status of each and everyone of us but the most important thing we already know about bitcoin, hoping we earn more so that we can step up a little bit on our income and more profit in the future. Agree, not all early adopters of bitcoin benefited from it. Those who benefits are those who believe and who invest more. I think it's the traders who benefited more with bitcoins. They buy when its down and sell when its up. So still it's not unfair. Many early adopters actually used their coins, like the famous case of the person that bought pizza with bitcoin, while right now many of us are storing most of our coins knowing the price of bitcoin is going to go up, so it is likely that many early adopters did not benefit financially from bitcoin as much as we think they did, but there are obvious cases of people that stored their coins and that now are millionaires thanks to that. |
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People we buying in advance of the Segwit2x fork so they could get both coins (2 for the price of one). Now there’s a bit of a sell off. There probably would have been a sell off after the hard fork anyway.
The question is how much of a drop will there be. Is this it or is this going to turn into a correction. Bitcoin is probably due for a correction anyway so that could happen now with the price already going down.
The price has recovered already, the only thing I do not understand is why the price of BCH keeps being so high maybe it is going to take some time before it goes back to its previous levels, in any case I think it is irrelevant, BCH is never going to be the threat to bitcoin that the miners wanted, however while in the past I thought the coin will disappear now I think it may stay with us for a very long time. |
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Officially, Bitcoin is back in the vicinity of $7,200 and there is a big chance it can surge ahead and toppled the $7,500 level soon. Does it mean that Bitcoin is now back in the game after the 'attack' and being sluggish for some days? Well, we are hoping that this can be the start of something bigger for Bitcoin and there would be no big correction happening again. The message here is quite clear: Nobody can kill the King...if China was not able to deter Bitcoin from growing how can its spin-off do the crippling damage they wished for? But then again, it is not good to brag as we don't know what can be in the next few days and months so let's just be happy that maybe we can say that we are into the game and that Bitcoin is really here to stay for good. Bitcoin has never been out of the game, even when the miners make such a great effort to pump BHC and to try to damage bitcoin that is the best they could do, Mt Gox did a lot more damage to bitcoin and its reputation and it is easy to see why, miners at the end want to profit and they are going to keep mining bitcoin for that reason, Mt Gox crashed and disappeared, so if the miners want to damage bitcoin they will need to disappear. |
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if this is just correction then i think we can buy bitcoin cash and waiting for another high price but if its just to come back for the base price then i think it is not good. but today i can make little profit because i am trading bitcoin cash with bitcoin and i am making a nice money but unfortunately, i am too afraid to get trapped in high price so i decide to stop the trading.
How can you say that is just a correction, that is more than half of its price, that is a crash, there is not other word we can use, and I do not think we are going to see such a huge price again, the miners already got what they wanted, they dumped those coins and they got a lot of bitcoin in return, they are not holding their bitcoin cash they are selling it as fast as they can and the benefits they got from it are nothing short of amazing. |
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This is only the beginning. The emergence of bitcoin may have the most negative impact on the dollar. In many countries people used to keep their money in dollars. The local currency is too weak to store savings in them. Now people prefer bitcoin. All released dollars will begin to put pressure on the US economy. 6-8% inflation is just the beginning of this process.
I disagree. If you look at dollar charts, it spent 1980 to 2014 falling in value against other currencies. Then in 2014 it started rising and has continued that way. That means the dollar is getting more valuable. Bitcoin really poses a threat to the currencies of the weak countries in the world - Venezuela, Argentina, Zimbabwe, those are the places most likely to adopt it. The dollar will be one of the few currencies unscathed by it. But being the best of the worst is not really that good, even if the dollar is not losing as much value as other currencies the most important thing is that it is losing value at an alarming rate, if you hold a million dollars in fiat form another million in gold and another in bitcoin for 10 years you will find that your bitcoin buys a lot more than it could originally and most likely gold will have a similar effect but your 1 million in fiat buys a lot less. |
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Hey i just invested my assets to coin called eth it's a popular coin and i think it's enough promising since it's very popular and when i check the rank at coinmarketcap.
When i check the chart history and see the past history i see it's ever reached the price of 0.1 so are eth will reach this price again ? Actually i hope eth can reach this price again.
I think it is likely it will reach that price again, but this is the issue, I do not think that is going to be a stable price, you must remember that ETH reached the price of 0.14BTC as an all time high and then bitcoin skyrocketed the way we saw, so I do not think we are going to see that price in a while, I hope that you did not invested at that point because that means you are going to have to hold ETH for a very long time. |
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If people from wall street will finally join the market for Bitcoin trading expect a lot of volatility in the future at higher prices. These Investment Bankers and Big Traders really will have the big guns in their arsenal in their attempt to get as much as control of all of the supply of Bitcoin in the market, it will be more crazy and the price increases and price drops will be bigger if these happen. With that being said it will be impossible for Bitcoin to become a popular currency or payment method in the world because of its unstable prices.
I do not think so, the reason why the price of bitcoin changes so dramatically has to do with the fact that is still tiny compared to the world economy, but once a significant amount of the world's money is riding on bitcoin, bitcoin is going to become more stable, however the period of transition between what we have now and that moment is going to be a period of big movements of the market but the direction is going to be mostly up so that it is going to benefit us in the long term. |
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Its definitely difficult to compare the two because bitcoin is ahead of its time, but probably it will soon have a part to play in the future when digital currencies will be adopted by big cooperations for everyday use and when the business environment will not be hostile towards this technology but maybe people meant to say fiat is the mostly used currency and not being better than cryptos.
Bitcoin is ahead of its time but at the same time there were many people that wanted to create something like bitcoin for a very long time, it was just about 10 years ago that a person called satoshi was able to create bitcoin, and to me it seems obvious bitcoin is going to be the future, people are going to accept Bitcoin at the end, If you look at the characteristics of fiat and the characteristics of bitcoin bitcoin is the clear winner. |
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it looks like the golden era is coming to an end, throw away and sell immediately the gold we have and then switch to bitcoin, then a month we can get profit more than 20%, everything is up to you.
If you were talking about fiat I will agree but gold is still a good investment, it is true that it has not given too much profits in the last years but most of the people that hold gold are not looking to get the profits like the ones that bitcoin can generate, they are just looking for a store of value and the money they earn by holding gold it is just a bonus to them. |
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Ethereum is one of best altcoin so far. There are thousand altcoins based ethereum and many of them are already in 100 marketcap. It s so easy to create an altcoin on ethereum and it s cheap to create. Transactions are also easy, cheap and fast. Make an account and use is also so easy. %90 of people who knows bitcoin also knows ethereum. There are many new ICO based ethereum. Ethereum has own decentralized exchange called ; etherdelta. There are many Russian , European, Chinese and North American investors on Ethereum.
Price is 0.05 btc for now but just for now.
Many people couldnt buy ethereum after cancelled Segwit2x but as all you know there is a scam coin called BitcoinCash. Nowadays there is a huge pumping on BitcoinCash but no one believe it will go for long. There is a big big dumping waiting BitcoinCash.
What do you think ? Isn't it time to buy Ethereum and wait 20x profit ?
20x profit? If you are buying ETH right now you will need the market cap to reach 600 billion dollars when the current market cap of all the coins is less than 200 billion dollars, so you are either waiting for some massive pump or you are going to hold for fifty years or a ridiculous long term like that, the truth is that ETH is a good coin but it is not even close to surpass bitcoin. |
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Now that segiwt2x has been canceled I think there is a big chance that bitcoin crosses that price before the end of the year, many people were afraid of that fork since it had the support of many miners and businesses but now that fork is not going to happen then there is not a reason for the price of bitcoin to not keep growing.
i think your wrong, Now that segiwt2x has been canceled I think there is a big chance that bitcoin will now start to fall because people wont have a reason to hold their bitcoins knowing that no fork will occur and no free fork coins will be distributed though bitcoins value can still increase with or without forks and segwits. Well the price has been going down since I made that comment so it seems we are seeing a correction but at the same time I think bitcoin is being attacked right now since the network is very slow and a good amount of the hash power has moved to bitcoin cash but once the difficulty of bitcoin cash is adjusted we are going to see the miners coming back to bitcoin, so I think the decrease in price is going to be a temporary thing. |
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Did the Turkish president say how he thinks BTC can contribute to financial stability and why he thinks that is? I have been holding BTC for a while now, and its not contributing to my financial stability. Its good now because its on a bull run, but what if the bubble bursts?
There are other contributions that BTC can bring to society but because of high volatility, its not financial stability.
Even if bitcoin is unstable the fact that it gives to you more money in your pocket is always a good thing, a person with money is a person with something that he could lose and that is a person willing to keep society running so they can keep those benefits, in the other hand someone without money is someone that does not care if society keeps running and may in fact wish to destroy it. |
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I get up and see this:  BCH has gone from around $10 billion market cap to $30 billion market cap in a couple of days. Who the hell has some spare $20 billion to pour into BCH? Buffet’s net worth is around $77 billion. I don’t think this can only be explained to Roger Ver and Jihan Wu going all in on BCH. They must have persuaded institutional investors to get into BCH. Apart from scared people exchanging BTC for BCH. I will HODL but this is serious. If the price of an asset goes up 20b does not mean that 20b moved into it. U can create that price with a fe million if u wanted Could you explain this, please? The market cap is the result of what people are willing to pay for the coins multiplied with the number of coins, the problem with that number is that does not reflect that billions of dollars were invested in the coin that only reflects what the potential market cap will be if every coin was bought which we know that is not the case, that is why many people prefer to look at the volume to know how much a coin is moving and as we can see while many have predicted the demise of bitcoin, bitcoin cash has a slightly lower volume in the last 24 hours but if we were to look at the volume since its creation bitcoin will have a lot more of it, that is why I’m not worried about this pump. |
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Bitcoin price has fallen down drastically today. Right now 1BTC = $6750. But on indian exchange zebpay it 5 lk($7700).
Observing it since last 3 hrs but price of bitcoin havent moved lower than 490000($7550).
Instead of complaining take advantage of the arbitrage opportunity that you have, buy in the cheap exchange and then sell in the Indian exchange you will earn almost one thousand dollars for each bitcoin that you can buy and then sell, those are profits that are incredible even if you could only do a cycle once every three days that will still be 10k per month. |
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Please give your ideas according to your experience.
Investing in icos is not good or bad at the end it is going to depend on several factors, some of them being is the ico serious, it has a good development team, the project can be made, have you taken into consideration every single aspect of the ico, do you have enough money to invest in the ico, are you willing to hold for a long time, only once you can answer questions like that you will be able to tell if investing in an ico is a good thing or a bad thing. |
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