Bitcoin Forum
August 15, 2022, 12:57:00 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Invested $2000 in peercoin 11 months ago - Just realised i got a 110% ROI  (Read 1835 times)
K210
Hero Member
*****
Offline Offline

Activity: 1568
Merit: 507


View Profile
March 19, 2016, 02:08:52 PM
 #1

11 months ago i bought $2000 worth of peercoin as a long term investment. At this time peercoin was selling at $0.22 so i thought it would be a good time to buy in. I bought the ppc put them in a wallet and didn't really monitor the price. I was recently going over my portfolio and you can imagine my surprise when i realised my peercoins had more than doubled in value. The current exchange rate for 1 peercoin is currently $0.47 by the way.

The lesson to be learned here is that long term investments can sometimes pay off better than short ones. Back when i bought into ppc people were saying that ppc was dead and would crash to $0.05 in a month - it ended up doing the opposite and increased its value by more than 100% over a year.

I am considering putting more into ppc, who knows maybe in 12 months time ppc will be $10 each lol.
1660568220
Hero Member
*
Offline Offline

Posts: 1660568220

View Profile Personal Message (Offline)

Ignore
1660568220
Reply with quote  #2

1660568220
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1660568220
Hero Member
*
Offline Offline

Posts: 1660568220

View Profile Personal Message (Offline)

Ignore
1660568220
Reply with quote  #2

1660568220
Report to moderator
klarki
Legendary
*
Offline Offline

Activity: 2604
Merit: 1973



View Profile
March 19, 2016, 02:27:04 PM
 #2

The fact can not wait. The main thing for them is making a profit in the short period of time and it does not matter that the profit will be minimal.

..STRBETS.......
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄███████████████████████▄
███████████████████████████
███████▀  ▄       ▄  ▀███████
███████  ▄▄█▄▄   ▄ ▀ ▄  ███████
██████▌    █       █    ▐██████
██████       ▄▄▄▄▄       ██████
█████     ▄███████▄     █████
█████▄▄▄███████████▄▄▄█████
▀███████████████████████▀
▀▀█████████████████▀▀
▀▀▀███████▀▀▀
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄███████████ ▀██████████▄
█████████▀██▀    ▀█████████
████████▀           ▀████████
████████    ▄▄▄  ▄     ████████
███████     ▀▀▀▄█▀      ███████
███████      ▄█▀▄▄▄     ███████
███████    ▀▀  ▀▀▀    ███████
███████▄           ▄███████
▀████████▄▄▄▄▄▄▄████████▀
▀▀█████████████████▀▀
▀▀▀███████▀▀▀
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄████████▀▀▀▀▀▀▀████████▄
██████▌ ▀  ▄▄▄▄▄   ▀███████
███████    ▀█▀ ▀███▄  ███████
█████████████▌ ▄▄▄███▄  ███████
███████  █████▄  ▀████  ███████
███████  ▀███▀▀▀▀ ▐██▀  ███████
███████  ▀███▄ ▄▄██▀  ███████
███████▄   ▀▀▀▀▀   ▄███████
▀████████▄▄▄▄▄▄▄███████▀
▀▀█████████████████▀▀
▀▀▀███████▀▀▀
.......GAMES DIVIDENDS 30% CASHBACK.........PLAY NOW...
mining1
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
March 19, 2016, 02:27:15 PM
 #3

You do realise that most altcoins exist just for pure speculation and worth nothing right?Altcoins arent stores of value or wont be used as currency as long as bitcoin exists,so the only thing that matters is technology inside of them,their potential.To me it looks like most of altcoins out there like doge and other joke coins that only exist for pure speculation and nothing else,no future.
JosNekoKopa
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
March 19, 2016, 02:29:54 PM
 #4

Congrats!
I'm also believe it's time to go back to good old coins like LTC and PEER, so we can leave behind us and those crowdfunding scams. I'm in LTC and i will hold longer time also. I believe i will double my money even after btc halving.
mining1
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
March 19, 2016, 02:38:34 PM
 #5

Josneko what do you hope to happen with LTC ?It is the same since release,its an altcoin and most altcoins are technologically more advanced than it is.Bitcoin itself is shit but it has first runner advantage ,and because of that it is accepted in some place as payment.LTC wont have new investors to increase its price/capital,maybe few speculators will buy in if whales decide to pump it a little,but thats it.
K210
Hero Member
*****
Offline Offline

Activity: 1568
Merit: 507


View Profile
March 19, 2016, 03:03:23 PM
 #6

You do realise that most altcoins exist just for pure speculation and worth nothing right?Altcoins arent stores of value or wont be used as currency as long as bitcoin exists,so the only thing that matters is technology inside of them,their potential.To me it looks like most of altcoins out there like doge and other joke coins that only exist for pure speculation and nothing else,no future.

You do realise that the long term performance of many altcoins has already proven you wrong right? Litecoin at this time last year was $1.45 a coin, it is now worth more than double that at $3.10. I think in the long run if crypto is successful we wont only have bitcoin but a handful of other alts to. Competition is never a bad thing for the consumer/user.
Snail2
Legendary
*
Offline Offline

Activity: 1512
Merit: 1000



View Profile
March 19, 2016, 03:14:20 PM
 #7

PPC is a thing what used to do such things Smiley. A few times I've also realised that some nearly forgotten PPC stocks worth twice (or even more) when I've "rediscovered" than the original price.
fortunecrypto
Legendary
*
Offline Offline

Activity: 2198
Merit: 1040



View Profile
March 19, 2016, 04:23:21 PM
 #8

You've just picked the right coin to invest at that time,with so many new altcoins coming up you don't know what will yield you the most profit in the long run, better analysis is one of the thing you need to invest and make a profit..

▄▄▄▄▄▄▄▄▄▄▄▄▄         ▄▄▄▄▄▄▄▄▄▄▄▄▄        ▄▄▄                 ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█████████████         █████████████       █████            ▄██████████████████████▄▄
█████████████         █████████████     ▄███████▄       ▄███████████████████████████▄
█████████████         █████████████   ▄███████████▄    ▄████████████▀▀▀▀▀▀████████████
█████████████         █████████████ ▄█████▀  ▀█████▄  ▄███████████▀        ▀██████████▄
████████████▀         █████████████ █████▀     ██████▄████████████▄         ▀▀▀▀▀▀▀▀▀▀▀
████████████          █████████████ ████        ████████████████████▄▄▄▄▄
████████████          ████████████████▀    ▄     ████▀████████████████████████▄▄▄
████████████▄       ▄█████████████▄██▀    ▄█▄     ▀███ ████████████████████████████▄
 █████████████▄▄▄▄▄█████████████████     ▄███▄     ▀███ ▀████████████████████████████
  ▀████████████████████████████▄███     ▀▀▀▀▀▀▀     ▀█████▄▄▀▀▀▀█████████████████████▄
    ▀████████████████████████▄███▀                   ▀████████▄       ▀▀██████████████
        ▀▀██████████████▀▀▄▄██████     ▄▄▄▄▄▄▄▄▄▄     ▄█████████          ████████████▀
          ██████████████ ██████████▄▄▄████████████▄▄▄█████████████        ████████████
          ██████████████ ▀█████████████████████████████████████▀████▄▄▄█████████████▀
          ██████████████   ▀█████████████████████████████████▀ ███████████████████▀
          ██████████████     ▀▀▀▀▀▀▀▀████████████▀▀▀▀▀▀▀▀▀▀▀ █████████████████▀▀▀
          ▀▀▀▀▀▀▀▀▀▀▀▀▀▀             ▀▀▀▀▀▀▀▀▀▀▀▀              ▀▀▀▀▀▀▀▀▀▀▀▀

.bet.
...$200....
.BONUS..
....100% BONUS FOR....
.EVERY DEPOSIT..
[/center]
alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
March 19, 2016, 04:25:16 PM
 #9

How much of that return was down to staking the coins and increasing the amount of peercoin you held in the process?

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
K210
Hero Member
*****
Offline Offline

Activity: 1568
Merit: 507


View Profile
March 19, 2016, 04:48:52 PM
 #10

How much of that return was down to staking the coins and increasing the amount of peercoin you held in the process?

0 the coins were in cold storage and hence not staking.
wakhidNkcom
Hero Member
*****
Offline Offline

Activity: 539
Merit: 500


Nkcom Collection Shop


View Profile
March 19, 2016, 04:50:47 PM
Last edit: March 29, 2016, 05:13:23 AM by wakhidNkcom
 #11

geart job mate. 110% in 11 months is great roi in safe investment in peercoin.
alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
March 19, 2016, 04:54:10 PM
 #12

How much of that return was down to staking the coins and increasing the amount of peercoin you held in the process?

0 the coins were in cold storage and hence not staking.

Well you should stake! It's an easy way to increase your holdings without you needing to purchase more.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
BitcoinNational
Legendary
*
Offline Offline

Activity: 1470
Merit: 1008


Join The Blockchain Revolution In Logistics


View Profile
March 19, 2016, 04:59:23 PM
 #13

i know this is a classic pump my bags

but srsly

how long before the average joe flabby gut get's it?

Banks = 0.0000001% roi
most any top ranked crypto = 200-5% roi (depending on risk tolerance)

nevermind the cost of living inflation Wink

                ▄██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
           ▄████▄▄▄▄▄██████████████▄
         ▄████████████████▄▄▄███████
       ▄█████████████████████████████
     ▄████████▀▀▀▀▀▀▀███████████████▄
   ▄████████▀█▀███▀        ███████████
 ▄████████▀███             ███████████
▄███████▀████                ██████████▄
███████████▀                  ██████████
 ██████▄████                   ██████▄███
  ██████▄████                 ▄█████████
   ██████▄████              ▄██████████
    ██████▄█████▄▄▄▄▄     ▄████████▀
     ██████▄████████████▄████████▀█▀██▀
      ██████████▄▄▄▄▄▄▄████████▀█▀██▀
       ██████████████████████▀█▀█▀
         ▀▀▀▀▀▀███████████▀▀▀▀
                      ▀██▀▀
─────────────────
Revolutionized.  ──


█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀





█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.WHITEPAPER.
ANN Thread
Reddit

█████
██
██ █
██ █
██ █
   █

  ─────────────  Join
SMARC token ICO

█████
   ██
 █ ██
 █ ██
 █ ██
 █
vuduchyld
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
March 19, 2016, 10:20:22 PM
 #14

Did you sell it, or is it an unrealized gain?
K210
Hero Member
*****
Offline Offline

Activity: 1568
Merit: 507


View Profile
March 20, 2016, 05:17:59 AM
 #15

Did you sell it, or is it an unrealized gain?

Sold half holding the other half. I see somewhat of a slow uptrend with ppc.
Tmdz
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 1000


View Profile
March 20, 2016, 05:40:41 AM
 #16

i know this is a classic pump my bags

but srsly

how long before the average joe flabby gut get's it?

Banks = 0.0000001% roi
most any top ranked crypto = 200-5% roi (depending on risk tolerance)

nevermind the cost of living inflation Wink

If a coin uses a POS system they could stake the coins they have saved up, as long as it is a notable somewhat stable coin.  It would be the same as having your money in the bank in a CD that you can't withdraw for a certain amount of time but make a much high APR than traditional banks Smiley
The Pharmacist
Legendary
*
Offline Offline

Activity: 2702
Merit: 5418


>>Proudly cycling merits for Team Foxpup<<


View Profile
March 21, 2016, 01:22:30 AM
 #17

You do realise that most altcoins exist just for pure speculation and worth nothing right?Altcoins arent stores of value or wont be used as currency as long as bitcoin exists,so the only thing that matters is technology inside of them,their potential.To me it looks like most of altcoins out there like doge and other joke coins that only exist for pure speculation and nothing else,no future.
Agreed,  totally.   I think a few will survive like dash and litecoin but most are destined for the graveyard.  Glad op made a profit.

TheOperator17
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
March 21, 2016, 07:46:31 AM
 #18

You've just picked the right coin to invest at that time,with so many new altcoins coming up you don't know what will yield you the most profit in the long run, better analysis is one of the thing you need to invest and make a profit..

I agree, there is a staggering number of new altcoins out there and the number only seems to be growing. I have no idea where to start with this kind of stuff! Do you have any suggestions as to what kind of coin characteristics I should avoid/look for when looking for a coin to get involved with?
K210
Hero Member
*****
Offline Offline

Activity: 1568
Merit: 507


View Profile
March 21, 2016, 02:23:20 PM
 #19

Look for a coin that a history and has something that could attract investment. Peercoin was the first POS coin and has a infrastructure optimised for sidechains which is why i invested in it. It also has staying power and moves along with BTC and LTC.
TheOperator17
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
March 21, 2016, 03:07:34 PM
 #20

Look for a coin that a history and has something that could attract investment. Peercoin was the first POS coin and has a infrastructure optimised for sidechains which is why i invested in it. It also has staying power and moves along with BTC and LTC.

Thank you! That makes sense.  Maybe speculating brand new coins  isn't wise for me until I get a better understanding of the technology and climate of the industry.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!