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Author Topic: Invested $2000 in peercoin 11 months ago - Just realised i got a 110% ROI  (Read 1849 times)
wakhidNkcom
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March 29, 2016, 05:13:41 AM
 #21

What will you do now with profits?
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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yubsep
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March 29, 2016, 05:28:26 AM
 #22

Yes.. This is best trading (Long-Term Investment)...
Imagine if you bought ETH...!!  Grin Grin
 
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.
Emperor of Man
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March 29, 2016, 06:01:58 AM
 #23

Imagine if you bought ETH...!!  Grin Grin
This!
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March 29, 2016, 08:07:46 AM
 #24

Fuck features. I'm all in on adoption and volume.
K210 (OP)
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March 29, 2016, 09:48:19 AM
 #25

What will you do now with profits?

Re-invest half, cash out the other half to fiat and buy something nice
K210 (OP)
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March 29, 2016, 04:18:02 PM
 #26

Yes.. This is best trading (Long-Term Investment)...
Imagine if you bought ETH...!!  Grin Grin
 
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.

there was no eth in march of 2015...
arseaboy
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March 29, 2016, 04:21:02 PM
 #27

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.
good job for you mate, maybe it can be done if we do have enough funds to invest, I'm sure that long term investment is also risky since many coins now are not worthy you are just so lucky because dev still continue to develop your coin. good job.

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tiggytomb
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March 29, 2016, 04:28:41 PM
 #28

Yours is a good example of how long term investments can work out.  Most of the time I end up selling too soon and eiher making a small profit or just breaking even.

The most recent example is XVG, I picked up a few just before they rebranded when they were at 10 then I sold at 20 but if I waited a couple of more weeks they are now at 47 so although not strictly long term, this is an example of having zero patience and a bit of greed.
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March 30, 2016, 12:28:43 AM
 #29

I mean.. When the price of ETH was 0.86 cent not the date...

there was no eth in march of 2015...
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