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Author Topic: After getting your profits from ETH, what next?  (Read 6270 times)
tokeweed (OP)
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January 26, 2016, 12:34:43 AM
 #1

Ok, so you profited handsomely from ETH's recent rise.  What altcoin in Poloniex are you gonna trade to next?

R


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January 26, 2016, 01:29:57 AM
 #2

I'm talking about trading here.  Not about your usual my shitcoin is better than your shitcoin shitfest that mostly goes around here.  I could care less what coin that is as long as it gives us volume, liquidity and a trend up or down.

R


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January 26, 2016, 02:46:44 AM
 #3

POT

---
okay for the higher profile assets
likely BTS, NXT since they are in a downturn and china has a taste for them
LTC will get some up draft too

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January 26, 2016, 02:55:12 AM
 #4

POT

---
okay for the higher profile assets
likely BTS, NXT since they are in a downturn and china has a taste for them
LTC will get some up draft too

Stay away from POT.  Very low volume, getting in this would result to a whiny bagholder for sure. 

BTS is good to watch, NXT could be a buy on the dips, a trend is already starting.  I also like MAID's increased volume on a steady price.  Watching that one as well.  And I guess XRP?

R


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January 26, 2016, 02:57:16 AM
 #5

Ok, so you profited handsomely from ETH's recent rise.  What altcoin in Poloniex are you gonna trade to next?
how about ARCH ? i buy a lot in 990 satoshi and still holding it untill now ? i dont know much about trading only buy some cheap coins because before i see it reach around 4k satoshi

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January 26, 2016, 03:01:31 AM
 #6

Heard something about maidsafe going into beta soon...  Maybe that'll be the next big thing..
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January 26, 2016, 03:03:55 AM
 #7

Ok, so you profited handsomely from ETH's recent rise.  What altcoin in Poloniex are you gonna trade to next?
how about ARCH ? i buy a lot in 990 satoshi and still holding it untill now ? i dont know much about trading only buy some cheap coins because before i see it reach around 4k satoshi

Volume is too low for my taste. 

R


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January 26, 2016, 03:04:17 AM
 #8

If I had taken profits from ether (I haven't) I'd 've looking at Monero.  Much better anonymity features than darkcoin, no premine and extremely heavy emission curve that's halved and getting smaller each day.

Or buy netflix now that they are about to ramp up producing their own entertainment and offering it in almost every country in the world.

Or maybe oil?
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January 26, 2016, 03:04:49 AM
 #9

Heard something about maidsafe going into beta soon...  Maybe that'll be the next big thing..


I don't know about it being the next big thing, but pumps welcome.  Grin

R


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January 26, 2016, 03:06:07 AM
 #10

If I had taken profits from ether (I haven't) I'd 've looking at Monero.  Much better anonymity features than darkcoin, no premine and extremely heavy emission curve that's halved and getting smaller each day.

Or buy netflix now that they are about to ramp up producing their own entertainment and offering it in almost every country in the world.

Or maybe oil?

Oh yeah...  forgot about XMR.  That could be buy the dips as well.  A trend is starting on that one.

R


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January 26, 2016, 03:16:36 AM
 #11

from one to the other CPC... lawlz

Floccinaucinihilipilification Specialist
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January 26, 2016, 03:18:06 AM
 #12

from one to the other CPC... lawlz

Profited in BTC though.

R


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January 26, 2016, 03:30:38 AM
 #13

Stay away from POT.  
--tokeweed


LOLz

Hey Jackson
Roll much?

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Revolutionized.  ──


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January 26, 2016, 03:32:38 AM
 #14

Stay away from POT.  
--tokeweed


LOLz

Hey Jackson
Roll much?

Are you holding POT?

R


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January 26, 2016, 03:35:44 AM
 #15

not enough
but really

1 brand
2 tech
3 utility
4 web resources
5 [your varible] polo

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─────────────────
Revolutionized.  ──


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January 26, 2016, 03:42:04 AM
 #16

not enough
but really

1 brand
2 tech
3 utility
4 web resources
5 [your varible] polo




A daily trading volume of .497 BTC is non-existent for my taste.  To each his own, I guess.  Good luck.

R


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January 26, 2016, 03:49:10 AM
 #17

If I had taken profits from ether (I haven't) I'd 've looking at Monero.  Much better anonymity features than darkcoin, no premine and extremely heavy emission curve that's halved and getting smaller each day.

Or buy netflix now that they are about to ramp up producing their own entertainment and offering it in almost every country in the world.

Or maybe oil?

I disagree about this being a good time to buy Netflix. This is part of the reason:

http://seekingalpha.com/article/3825776-netflixs-vpn-blocking-significantly-reduce-international-growth

Aeon is not on Poloniex yet so it does not meet the criteria set by tokeweed. Monero is definitely a coin to watch from a development standpoint right now.
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January 26, 2016, 04:05:21 AM
 #18

If I had taken profits from ether (I haven't) I'd 've looking at Monero.  Much better anonymity features than darkcoin, no premine and extremely heavy emission curve that's halved and getting smaller each day.

Or buy netflix now that they are about to ramp up producing their own entertainment and offering it in almost every country in the world.

Or maybe oil?

I disagree about this being a good time to buy Netflix. This is part of the reason:

http://seekingalpha.com/article/3825776-netflixs-vpn-blocking-significantly-reduce-international-growth

Aeon is not on Poloniex yet so it does not meet the criteria set by tokeweed. Monero is definitely a coin to watch from a development standpoint right now.

The reason I specifically asked for a coin listed in Poloniex is because it's where mostly ETH profits are and these profits might likely be traded again for another coin in the same exchange.  I could be wrong but it seems like a logical thing to do for a trader.

R


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rdnkjdi
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January 26, 2016, 04:33:53 AM
 #19

Litecoin is trying to solve the 2Mb limit.  I guess you could go that route.

https://m.reddit.com/r/litecoin/comments/42asth/trolls_and_why_we_support_upgrading_litecoin/

Personally I am having an extremely difficult time getting excited about anything in crypto outside of ethereum and monero.  

Bitcoin looks to me like it's a dead man walking.  TBTB don't want to increase the block size limit to 2mb even though hard drive space and bandwidth availability has probably gone up 10x per dollar since the original 1mb limit.  Bitcoin_classic may hardfork but it doesn't look like they have the resources to support developers to the ones who say they will walk away.  It seems increasingly like something very bad is going to happen to bitcoin.

I have a lot of confidence in decentralized currency being a player in the future but not much is clear to me now.  Monero and ethereum are the only ones that made sense which is why I can't bring myself to sell even though I think eth is going back down (since all this money is coming into polo these have to be old time bitcoin whales imo).

Edit:  There is also Anonymints theoretical coin which I'd be excited about but it seems unlikely to transpire at this point.  He doesn't seem to have the resources to create it or the ability to get along with others enough to get a team together or leverage pooled resources.

(Sorry for ignoring the poloniex limitation.  Good places to put your money seem hard enough to find to me that I'm willing to go out of my way to do it.)

If I was in a better position to do this for a year I would take profits and invest in mining equipment.  It's a bit like insurance against loss if you sell to fiat and pay it off and then a way to keep investing for free without the risk of losing the gains you took.
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January 26, 2016, 04:42:15 AM
 #20


Doesn't StorJ have a coin on polyonoxious? Aren't they nearing a milestrone.

Again I recently explained why all those decentralized file systems (including MaidSafe and Sia) are technological nonsense, but doesn't seem to the concern of you P&D followers.

Potential problem with XMR is that the coin was too well distributed and absent a premine, thus no one has the means and incentive to P&D it. Monero would seem to instead be a long-term investment (and personally I think a very poor one for the recent reasons I have explained about their UNRELIABLE anonymity having no market).

Rather I would say take your profits from crypto before March and hold dollars because a major contagion is brewing in the markets that is going to wipe out Bitcoin, gold, and all markets except the US dollar and US stocks. The coming interest rate hikes from the Fed will turn up the dial pressure. Note for example OROBTC's comment today that his Peru ball bearing sales have fallen significantly since December. Martin Armstrong's model is coming true as predicted as the periphery collapses and the USA and US dollar will be the last man standing in the global economy.

It does look like we have a very rocky road ahead re the financial markets.  China announced that their steel companies will be firing some 400,000 employees.  I have never accepted as fact that the BRICS were anything for the USA to worry about.  (We have are own problems to worry about)

China does look to be leading the world into hard times.

The Baltic Dry Index is down again.

Our sales of bearings are Peru are down HARD in the past several weeks.

Europe seems to be drowning in a sea of Muslims, and they don't seem capable (now anyway) of doing anything about it...

When the liquidity dries up in the altcoin market, you can be holding a dead asset.

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