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Author Topic: What are some good coins to invest right now for Christmas vacation money?  (Read 3683 times)
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darkota
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September 08, 2014, 12:24:08 PM
 #21

It's probably not a safe option to list individual coins, because it's almost impossible to predict what the future holds.  Coins mostly rise and fall based on the whims of whales and pump'n'dumpers, but sometimes also because of their features and general usefulness.  It's difficult to predict the former, but you can make sound judgements on the latter.  Most people are only going to recommend the coins they hold themselves, so bias can't really be avoided.  Just research the coins that seem to be getting a lot of attention and make sure they're getting attention for the right reasons.  Those are probably/maybe/potentially your safest bets.

If, on the other hand, you did just want people to list the coins they hold and haven't been made bagholder of yet, then BTSX, Monero, NXT and Qora.


Lets see what you people think.

My opinion is:
BTC
LTC

Among other coins, I think hal, neos. What do you think?



LTC is dying a slow death.

Coins with unique features and great dev teams such as XC and CLOAK would be my top choices. Not a speculation but a real deal.
BTCD and Black Coin are solid as well.

Slow death yet the volume is still higher than any other Altcoins.

Volume doesn't necessarily imply profit, though.  It can trade in huge quantities and still sink like a stone.

Volume has been huge daily for months if not years litecoin is on every major exchange in China.No other coin comes close.

Yes, I get that part.  But the OP said he wanted to invest in something to make money.  What I'm saying is that high volume won't necessarily make him a profit.  The price has been dropping steadily for a while now and there's little evidence to suggest that's likely to change in the near future.  Repeating the statement that it has high volume doesn't change that.  

So u buy high and sell low ? Litecoin is low right now great time to buy.Besides btc what coin do you think the Chinese will buy during the next rally.



It's ok DooMad, Eldude is a LTC bagholder.

Litecoin has Not been following Bitcoin's price trend. For ex: While Bitcoin rose to over $600 in May/June, Litecoin kept on falling in price.

Litecoin is/has been on a downtrend for most of it's life, because it's a Bitcoin Clone. There is no reason for Litecoin's price to go up at all since it offers nothing over bitcoin, and that's been shown by it's constant price fall.

Also, to those saying that the only thing Litecoin offers is security...you're wrong on that as well, Ixcoin's difficulty is 1billion higher than Litecoins, and it's hashrate is also higher, making Ixcoin the 2nd securest coin after Bitcoin.

So again, Litecoin has absolutely Nothing going for it.
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September 08, 2014, 12:43:37 PM
 #22

It's probably not a safe option to list individual coins, because it's almost impossible to predict what the future holds.  Coins mostly rise and fall based on the whims of whales and pump'n'dumpers, but sometimes also because of their features and general usefulness.  It's difficult to predict the former, but you can make sound judgements on the latter.  Most people are only going to recommend the coins they hold themselves, so bias can't really be avoided.  Just research the coins that seem to be getting a lot of attention and make sure they're getting attention for the right reasons.  Those are probably/maybe/potentially your safest bets.

If, on the other hand, you did just want people to list the coins they hold and haven't been made bagholder of yet, then BTSX, Monero, NXT and Qora.


Lets see what you people think.

My opinion is:
BTC
LTC

Among other coins, I think hal, neos. What do you think?



LTC is dying a slow death.

Coins with unique features and great dev teams such as XC and CLOAK would be my top choices. Not a speculation but a real deal.
BTCD and Black Coin are solid as well.

Slow death yet the volume is still higher than any other Altcoins.

Volume doesn't necessarily imply profit, though.  It can trade in huge quantities and still sink like a stone.

Volume has been huge daily for months if not years litecoin is on every major exchange in China.No other coin comes close.

Yes, I get that part.  But the OP said he wanted to invest in something to make money.  What I'm saying is that high volume won't necessarily make him a profit.  The price has been dropping steadily for a while now and there's little evidence to suggest that's likely to change in the near future.  Repeating the statement that it has high volume doesn't change that.  

So u buy high and sell low ? Litecoin is low right now great time to buy.Besides btc what coin do you think the Chinese will buy during the next rally.



It's ok DooMad, Eldude is a LTC bagholder.

Litecoin has Not been following Bitcoin's price trend. For ex: While Bitcoin rose to over $600 in May/June, Litecoin kept on falling in price.

Litecoin is/has been on a downtrend for most of it's life, because it's a Bitcoin Clone. There is no reason for Litecoin's price to go up at all since it offers nothing over bitcoin, and that's been shown by it's constant price fall.

Also, to those saying that the only thing Litecoin offers is security...you're wrong on that as well, Ixcoin's difficulty is 1billion higher than Litecoins, and it's hashrate is also higher, making Ixcoin the 2nd securest coin after Bitcoin.

So again, Litecoin has absolutely Nothing going for it.

I bought 3 LTC when they first hit 11 bucks, so I'm a small bagholder too, heh (albeit a more realistic one).  Even if I'd sold one of them at $45 I'd still be up.  Oh well, live and learn.  HODL isn't always the answer to everything.
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September 08, 2014, 01:35:15 PM
 #23


It's ok DooMad, Eldude is a LTC bagholder.

Litecoin has Not been following Bitcoin's price trend. For ex: While Bitcoin rose to over $600 in May/June, Litecoin kept on falling in price.

Litecoin is/has been on a downtrend for most of it's life, because it's a Bitcoin Clone. There is no reason for Litecoin's price to go up at all since it offers nothing over bitcoin, and that's been shown by it's constant price fall.

Also, to those saying that the only thing Litecoin offers is security...you're wrong on that as well, Ixcoin's difficulty is 1billion higher than Litecoins, and it's hashrate is also higher, making Ixcoin the 2nd securest coin after Bitcoin.

So again, Litecoin has absolutely Nothing going for it.

You are spot on. The only thing that LTC had was that it was released in 2011 - and thus held the No. 1 BTC Alt status for quite some time. Now we are witnessing a new generation of coins that are way superior than some plain and dull BTC fork - which LTC is. This is a fact and it cannot be easily disputed. LTC is BTC fork like 100s of other alts out there.

Yes there are a lot of shitcoins and scamcoins among the 500 + alts out there, but there are a few real gems out there , that are very innovative and have the potential to change the course of crypto future.
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September 08, 2014, 02:20:28 PM
 #24

I also have a vague gut feeling that NxTHorizon is about to go to the moon......and CMC agrees with me so far this week.

NHZ? Would you mind explaining why?






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Nxtblg
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September 08, 2014, 02:24:30 PM
 #25

The only thing that LTC had was that it was released in 2011 - and thus held the No. 1 BTC Alt status for quite some time. Now we are witnessing a new generation of coins that are way superior than some plain and dull BTC fork - which LTC is. This is a fact and it cannot be easily disputed. LTC is BTC fork like 100s of other alts out there.

Odd about Litecoin. If you're a tech-head, you'll conclude that Litecoin has lousy fundamentals precisely on those grounds. But if you're a network-effect kind of person, you'll conclude that Litecoin is in for the distance.

Yep, it's odd how the two lines of reasoning clash so starkly. The funny thing about the "network effect" is that it's more-or-less a gussied up term for "people are creatures of habit."






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Amph
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September 08, 2014, 02:27:25 PM
 #26

bitcoin, nothing else
tmuir12
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September 08, 2014, 03:45:48 PM
 #27

Feathercoin is very cheap at the moment, within in the next few weeks (or hopefully sooner) the announcement will be made to shift to Neoscrypt which is bound to see the price rise.
I will add though that Feathercoin's goal is not to make large amounts of money for speculators in the short term, but to be a viable alternative to Fiat so is playing the long game, not the P&D game

FeatherCoin - 6p4gdv9S5YfHznfqxXmdMKEZyGbX9oyphe
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September 08, 2014, 09:27:07 PM
 #28

BTSX definitely. I'm also in ETH (but it's too late to buy now), I believe XCR has a potential to explode.

Token Bubbles – Transforming the ICO Rating and Analysis Space.
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