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Author Topic: What is the best coin to buy on polo now?  (Read 3498 times)
bitkng (OP)
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October 29, 2016, 01:18:18 PM
 #1

Poloniex is my only trading platform.at present all the altcoins in polo are experiencing a huge correction and probably are trading at their 52 week low due to the bitcoin rally.is it the correct time to double the investment to maximize the returns ?what is the best portfolio for 4btc investment?
N-rG
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October 29, 2016, 01:22:42 PM
Last edit: October 29, 2016, 01:40:40 PM by N-rG
 #2

In my eyes XMR

Since you are a newbie I should write why Wink

- Sophisticated Coin
- Strong community
- Good Ecosystem (things can be bought with it directly -> DNM)
- Reliable developers
- Very good features implemented (soon: Kovri, RingCT)
- It is very cheap at the moment.

You could try to wait if the price will hit something 0.005x but if you are looking for a coin with profit in the medium/long run, buy XMR now.

Edit:

I want to add something. BTC will crash for sure. It rises way to fast. Another panic sell of BTC will occur soon.
Conclusion: DNM is a Billion Dollar market mostly with escrow. Vendors will -like always in the past- complain about losing money every day.(That time with BTC, before it was XMR)
Meanwhile XMR will rise in price (for sure). That will just help to make a transition from BTC to XMR.
-> Tandem effect.
European Central Bank
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October 29, 2016, 01:33:29 PM
 #3

i'd wait a short while to see what bitcoin has planned. if it really decides to go crazy that'll cause alts to dip further. and then they themselves might go crazy, but I dunno. they've been pumping like mad all year when bitcoin hasn't been doing very much at all.
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October 29, 2016, 04:25:32 PM
 #4

There is just one Bitcoin, presently it is the sanctuary to hide your asset.
Greenenergy
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October 29, 2016, 07:27:56 PM
 #5

There is just one Bitcoin, presently it is the sanctuary to hide your asset.

I wise bitcoiner would buy altcoins to withdraw more bitcoins after Wink ! Why frankly would one keep money in altcoins except to see them gaining value and reselling them ?
bitkng (OP)
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October 30, 2016, 02:10:44 AM
 #6

In my eyes XMR

Since you are a newbie I should write why Wink

- Sophisticated Coin
- Strong community
- Good Ecosystem (things can be bought with it directly -> DNM)
- Reliable developers
- Very good features implemented (soon: Kovri, RingCT)
- It is very cheap at the moment.

You could try to wait if the price will hit something 0.005x but if you are looking for a coin with profit in the medium/long run, buy XMR now.

Edit:

I want to add something. BTC will crash for sure. It rises way to fast. Another panic sell of BTC will occur soon.
Conclusion: DNM is a Billion Dollar market mostly with escrow. Vendors will -like always in the past- complain about losing money every day.(That time with BTC, before it was XMR)
Meanwhile XMR will rise in price (for sure). That will just help to make a transition from BTC to XMR.
-> Tandem effect.
Thanks for sharing your valuable thought
Herbert2020
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October 30, 2016, 06:10:28 AM
 #7

Poloniex is my only trading platform.at present all the altcoins in polo are experiencing a huge correction and probably are trading at their 52 week low due to the bitcoin rally.is it the correct time to double the investment to maximize the returns ?what is the best portfolio for 4btc investment?

this week, nothing is good. and all the altcoins are super risky to invest in because they are all falling due to investors taking their money out of this market to join in the bitcoin price rise.

if you want to invest in altcoins be careful, currently it is super risky but at the same time a good chance to buy cheap coins which will soon rise again. just wait for the bottom prices.

In my eyes XMR

Since you are a newbie I should write why Wink

- Sophisticated Coin
- Strong community
- Good Ecosystem (things can be bought with it directly -> DNM)
- Reliable developers
- Very good features implemented (soon: Kovri, RingCT)
- It is very cheap at the moment.

You could try to wait if the price will hit something 0.005x but if you are looking for a coin with profit in the medium/long run, buy XMR now.

Edit:

I want to add something. BTC will crash for sure. It rises way to fast. Another panic sell of BTC will occur soon.
Conclusion: DNM is a Billion Dollar market mostly with escrow. Vendors will -like always in the past- complain about losing money every day.(That time with BTC, before it was XMR)
Meanwhile XMR will rise in price (for sure). That will just help to make a transition from BTC to XMR.
-> Tandem effect.

this is a clear case of FUD and crap post about bitcoin.
and also this type of posts are the reason why coins like XMR don't grow. i like Monero and i support it but i am not going to ever spread lies about monero or bitcoin to desperately cause a rise probably Smiley

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
harizen
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October 30, 2016, 06:20:56 AM
 #8

Poloniex is my only trading platform.at present all the altcoins in polo are experiencing a huge correction and probably are trading at their 52 week low due to the bitcoin rally.is it the correct time to double the investment to maximize the returns ?what is the best portfolio for 4btc investment?

Best would not be the appropriate term but rather something interesting to try. Those other alts can't be tagged as the best since their price is a matter of pumps and dumps. And doubling the investment doesn't have the right time but rather right tyming and ability to take a ride when there is a pumping scene.

Since Polo only listing coins that has active volumes, I suggest choosing those alts that has established a daily active volume.

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Robertqueen2
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October 30, 2016, 07:10:41 AM
 #9

I watched that XMR and LSK have dropped a lot due to the last Bitcoin bump, maybe Zcash had its effect on Monero, but the price is recovering after it dropped under $5, it is good time to buy as both Monero and Lisk are getting more adoption, and they might rise up later.
N-rG
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October 30, 2016, 07:16:56 AM
 #10

Poloniex is my only trading platform.at present all the altcoins in polo are experiencing a huge correction and probably are trading at their 52 week low due to the bitcoin rally.is it the correct time to double the investment to maximize the returns ?what is the best portfolio for 4btc investment?

this week, nothing is good. and all the altcoins are super risky to invest in because they are all falling due to investors taking their money out of this market to join in the bitcoin price rise.

if you want to invest in altcoins be careful, currently it is super risky but at the same time a good chance to buy cheap coins which will soon rise again. just wait for the bottom prices.

In my eyes XMR

Since you are a newbie I should write why Wink

- Sophisticated Coin
- Strong community
- Good Ecosystem (things can be bought with it directly -> DNM)
- Reliable developers
- Very good features implemented (soon: Kovri, RingCT)
- It is very cheap at the moment.

You could try to wait if the price will hit something 0.005x but if you are looking for a coin with profit in the medium/long run, buy XMR now.

Edit:

I want to add something. BTC will crash for sure. It rises way to fast. Another panic sell of BTC will occur soon.
Conclusion: DNM is a Billion Dollar market mostly with escrow. Vendors will -like always in the past- complain about losing money every day.(That time with BTC, before it was XMR)
Meanwhile XMR will rise in price (for sure). That will just help to make a transition from BTC to XMR.
-> Tandem effect.

this is a clear case of FUD and crap post about bitcoin.
and also this type of posts are the reason why coins like XMR don't grow. i like Monero and i support it but i am not going to ever spread lies about monero or bitcoin to desperately cause a rise probably Smiley

Meanwhile XMR rose 22% and BTC fell 2%
So much FUD  Roll Eyes
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October 30, 2016, 12:48:57 PM
 #11

Last couple days were a good opportunity to pick up some cheap alts.
I grabbed some Lisk, Augur and Factom.
Hopefully at least one of these pans out.
(I'm looking for a long term investment, not a quick flip.)

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October 30, 2016, 02:47:50 PM
 #12

Last couple days were a good opportunity to pick up some cheap alts.
I grabbed some Lisk, Augur and Factom.
Hopefully at least one of these pans out.
(I'm looking for a long term investment, not a quick flip.)

i also think it is a good time to pick some cheap coins from altcoin markets these days but also i am a little scared that this drop is not going to stop here.

especially in some of the bigger coins. in smaller ones, sure it is possible that it was the end of it but in bigger coins, with bigger $$$ all that money is flying out back to bitcoin these days.

Holding Bitcoin More Every Day
TravisNeko
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November 04, 2016, 03:57:13 AM
 #13

I watched that XMR and LSK have dropped a lot due to the last Bitcoin bump, maybe Zcash had its effect on Monero, but the price is recovering after it dropped under $5, it is good time to buy as both Monero and Lisk are getting more adoption, and they might rise up later.

Monero is a good one most likely its gonna be more used in the future and due to that it will also be worth more, the same rule applies for Zcash it can become big and the market is also pretty good.
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November 04, 2016, 04:08:09 AM
 #14

GAME. It's probably the last time you can buy cheap before it shoots up for the next few months. You heard it here first.
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November 04, 2016, 05:44:18 AM
 #15

Buy what nobody recommends but make sure it's not total junk.


Best coin to buy probably isn't on polo though because coins listed there are pumped already. Polo-coins are actually higher risk than those not listed there after all these months of pumping.
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November 04, 2016, 01:08:37 PM
 #16

Poloniex is my only trading platform.at present all the altcoins in polo are experiencing a huge correction and probably are trading at their 52 week low due to the bitcoin rally.is it the correct time to double the investment to maximize the returns ?what is the best portfolio for 4btc investment?

most of the coins are good to buy right now because they all had a big dip one way or another. all these coins must come back up now. and some of them had already started doing so.

but i particularly have my eyes on Litecoin, Monero and ETH + ETC

--looking for signature--
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November 04, 2016, 02:20:27 PM
 #17

Monero - if the price comes down a little bit more.

And perhaps shadowcoin, because I think that this coin will rise like monero in the past, when the shadowcoin market will be ready to use.
N-rG
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November 04, 2016, 03:33:12 PM
 #18

Monero - if the price comes down a little bit more.

And perhaps shadowcoin, because I think that this coin will rise like monero in the past, when the shadowcoin market will be ready to use.

SDC was proven to be a scam. (look .tk archive). SDC will not become a "big thing".
I like the idea but is has to be done by a new team and with better features.
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November 04, 2016, 10:32:50 PM
 #19

i don't think this is the right time to make investment because almost all altcoin has decrease too much for the price. rather to make middle and long investment, i will go with short investment because i think we don't want to keep the coins too long when we can see that the price is going up and down quickly, better to play safe and still to make some profit.

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November 06, 2016, 09:33:20 AM
 #20

USDT

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