Bitcoin Forum
June 24, 2024, 10:56:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I have 250 ETH, Hold or SELL? on: January 27, 2018, 09:18:28 AM
I would suggest for all ETH holders to follow closely competitors' projects like EOS and Tezos.
Closer to public releases of their test-nets, main-nets -> I would sell at least part of ETH, cause those projects will drag the attention to them. But with a current number of projects already created on ERC-20 tokens it is quite safe to say that ETH won't disappear in the nearest years. I do believe in one of the two scenarios: a) ETH updates the network, fixes the scaling problem and becomes the standard; b) EOS/Tezos/etc project comes with a product with fixed scaling problem faster, and then there are 2-3-5 similar projects dominating the market.

Long story short - ETH will peak the prices 1-3 weeks before launching of competitors networks; after the launch - it will probably go down for relatively medium-long term. But it will stay as a huge player for at least several years from now, so pretty safe to keep "savings" in ETH. If ETH's team will be able to make an update and fix scaling problem at least 1-3 weeks before launch of competitor's networks, then its price will go to the moon.
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: █【ANN】【ICO】█【ICO LIVE】 ██ 🌟 BLOCKLANCER ██ JOIN GIG ECONOMY BOOM on: January 25, 2018, 10:50:25 AM
Hey guys,

Your project looks really awesome, because we are tired of dealing with 3d parties bad services at upwork, freelancer and all the other existing platforms.

We are digital design studio with >50 creative designers, 3D artists and video-graphers and we'll be happy to support you!
Drop me a message if that's interesting and I'll share more details.
3  Economy / Trading Discussion / Re: Investing for first time on: January 04, 2018, 01:07:00 PM
Hi Guys

I am looking at investing for the first time, I currently use Blockchain as my wallet and Cryptopia for trading, would people say these two are okay to use?

Firstly, I will be looking at investing £1,000 on Bitcoin and then go for the long-held option,  most likely for the next 2-3 years, whilst keeping an eye out for spikes in value to sell say 40% at any given time during a spike.

I would like to keep 60% of the remaining value to (hopefully) climb, whilst also possibly spending 15% on alternative currencies e.g. Ripple.

As of now Bitcoin looks to be at a high value and I am waiting for a dip to buy mine, would you say this is a wise move, as I need to buy Bitcoin before looking at buying alt coins.

Any info would be great, thanks.



Hi!

Firstly, you should understand very clearly that ANY investment in cryptocurrencies is a very risky thing and you should be ready to lose everything at any moment. Move forward only if you are ok with this.

As for your investing strategy - it seems fine, you can search for other "standard strategies" like 1/3, 1/3, 1/3 or something. I think that most of the users here are bitcoin enthusiasts and believe that BTC will grow and hodlİ is the best strategy.
As for ALTS - you go your way, but it might be interesting for you to test micro-investments in a pool of different coins if you are looking for "serious" speculative profit. One team in Russia does an experiment with investing $10 a day in different cryptos (including BTC), they went >60 days and are at 150%+ right now. It's a small risk that helps you to research more about cryptos and potentially get some outstanding results.

Anyhow, this message might seem strange from a guy with zero posts, but everyone should start with something Smiley

Please, consider that my own experience in crypto-investing is quite small and counts 8-10 coins and 2 ICO participation with total value of ~0,7 BTC (~$10.000).
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!