Smoke weed and jerk off, the safest vices that exist.  Beyond that avoid trying to play the markets on the short term, and look more on a 6-12 month timeline, and just hold through any volatility.  If you did your research you will make money even if you time your entry poorly and buy right before a dip.

I remember once buying some BitBay at 160 sats, only to see it crash down towards 50.  I was able to have the ability to just say "fuck it" and I bought more, and about a year later it has paid off.

Honestly better to look for signs that an ICO is NOT a scam, than the reverse.  Good ICO's are like a needle in a haystack.

Usually the very fact that there is an ICO is enough for me to write a project off completely.  I will make exceptions only if they demonstrate clear innovation, and the ICO is done in a fair and transparent manner as well.  An example would be Komodo; you got a reasonable amount of coins in exchange, the ICO lasted several months, BTCD conversions are accepted for a full year which is still going, and they overall did a solid job of advertising for it.  Still not ideal, but I have enough respect for their team that I am willing to overlook it.  Another one is Bitbay, which stood at less than 1/3 of its relative bitcoin ICO price for the better part of 2 years with a market cap sitting at $100k-$300k USD, everyone had good opportunity to get in on that one early.

I will also say that devs using their real identities is generally a plus, but sometimes they scam anyway, and sometimes anonymous devs stick around longer.  @jl777 I feel I can take a chance on because he has been here for years, if he was going to cut and run he'd of done it by now;  @Smooth is another good example of that (though I believe he has shared his identity with other devs, but I don't remember well enough to be certain.)

Another ICO, it is garbage.

I think that with multiple versions of segwit and the 2mb hardfork near in the future, I think LTC is still a strong pick for hedging against BTC

On an aside, the Bolivar is named after Simon Bolivar, and he was NOT a communist, just a revolutionary.  He was born 35 years before Karl Marx therefore it is erroneous to call him a communist when the manifesto hadn't even written yet.

Back on topic, great post otherwise and I agree completely, this will be one wild ride.

Except it isn't over, and a hardfork is NOT out of the picture.  The people mining BTC are the same people mining LTC, and what happened there is that the acceptance rate for Segwit went up and down constantly, and that was accompanied by insane levels of market volatility.  Whether or not there will be a fork is actually irrelevant, the fact is there will be enough market uncertainty in the next 2 weeks to push down bitcoin to sub-$2000 levels yet again; it takes surprisingly little to send the market into full panic mode, and whales and miners will take advantage of that.

It will happen or I will eat my dick on live television (but not really)

Note: I am still bullish on BTC long term, just not for the next 2 weeks


That's my thing, get out of here!

Rich people

This thread gave me AIDS. @Come-from-Beyond you act like a child, are you not leading a project worth 100's of millions of $?  You should consider acting like it if you want to be taken seriously.

This is a very succinct explanation of what is being done with the Ethereum platform right now; the technical experimentation we get from it may be valuable, but the kind of bubble economics being played with the token is not anywhere near justified.

Just take a look at how well Litecoin performs every time Bitcoin dips and compare that to Ethereum's performance in those situations.  Then if you remember that there is a possible fork in bitcoin occurring on August 1st, you might realize that you want something that performs well when bitcoin dumps.

Sia more than any other legit project.  It is a fairly distributed coin and it is pretty much dominating the decentralized file storage game, and yet lost over 50% of it's value against bitcoin from the ATH.

Great tech, fair distribution, already very established, and in the middle of a huge dip, what more could you ask for?

LOL! All that guy did was talk shit and embellish and now he just up and quits, what a riot.  And this kids, is why you always choose the coin with fairer distribution, the devs for those projects generally have a lot more conviction.

Nobody listen to this idiot

Nix Eth, XRP, and Dash.  People need to stop buying overly centralized coins, they cannot be trusted and end up being far more volatile.  The other three are good picks, though right now I would prioritize LTC, as that will be the best hedge against BTC during the potential fork.

If it sucks so much you should short it!  Come on buddy, put your money where your mouth is, let's see it!

Actually starting to gain on dollar value as well.

Litecoin is going to be the most bullish major coin leading up to August 1st IMO

I'm just holding LTC and waiting for the dust to settle to get back in to BTC; regardless of what the end result is after August 1st, I can tell you it won't be smooth sailing getting there.

You and me both, it's like these guys WANT to lose money

You are consistently wrong about everything you post about

It sucks, and if I could make this kind of inorganic trading go away I would do it in a heartbeat; but there is nothing that can be done unfortunately, at least not from our end.  Just play the game, try not to fuck anyone over, or get fucked over, and invest only in fairly distributed coins.  If crypto is going to survive, it will need to do so in spite of these financial games.