ulhaq (OP)
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March 22, 2017, 02:16:56 PM |
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On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?
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xvids
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March 22, 2017, 02:25:11 PM |
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Right now I am only interested in bitcoin but I am planning to go to some trading site so, I might buy some alt-coin hope that I can get some decent profit by doing it.
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Luke2939
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Building Wealth through AI and the power of the bl
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March 22, 2017, 02:34:47 PM |
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On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?
Very hard to predict which coins might survive in future. I don't think we will end up using just a single coin, we are entering into a future where we will get use many tokens/coins which will offer various functions than just store value. It can be ownership, dividends or for other functions. I think it best to get into Dapp tokens such as ICN, SNGLS, GOLEM, DCT, ETH, ETC and many more. Diversify and book profits when you get some good returns.
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jeffytune
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Peace not piece.
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March 22, 2017, 04:16:03 PM |
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I wish to invest $100 each in top 100. And profit is guaranteed.
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dinc
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March 22, 2017, 06:34:11 PM |
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On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?
I think this is a rhetorical question. U can buy some alt ( for expample ETH) on 100% of the deposit and forgot about risk diversification , than sell all u coins when this alt make x2 or more if u have steel balls . Or u can buy 10 shicoins on 10% of u deposit and look how someone grow and someone down, mb after 2-3 month u can make some profit or no) I think that the major thing why u must buy or sell some shitcoins - is Chart, and if chart tell u that this coin make x2 after 2-3 weeks - u must buy it, and if u see 2 or more chart where shitcoin on the bottom u can buy all of them) For example 3 weeks ago 80% of alts stay at the bottom and if u buy it, u now you would be rich
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DRaGoN RaNTaRo
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March 22, 2017, 08:19:51 PM |
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I would wait out simply because the price of all the major alt coins have touched the all time high valuation and i am sure i wanted to risk anything now with it,i would really hold out and let the prices settle and then i would make a decision on what to do next ,until then i will stick with bitcoin.
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batang_bitcoin
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March 22, 2017, 08:56:31 PM |
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On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?
Yes we had that 1 crypto currency that you had mentioned already that is fast, secure and anonymous. But it's up to you on how you are going to see those coins survive, I suggest that just go with the most popular coins and has an history of pump and dump. People will pump that again when the price is dump. I wish to invest $100 each in top 100. And profit is guaranteed. This is what I'm wishing to do too.
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ulhaq (OP)
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March 27, 2017, 08:46:35 PM |
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I think this is a rhetorical question.
How is this a rhetorical question? The majority of ppl on this sub-forum trade. So everyone is already making decisions on it.
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ulhaq (OP)
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March 27, 2017, 08:47:38 PM |
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I wish to invest $100 each in top 100. And profit is guaranteed. I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value.
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g___
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March 27, 2017, 10:53:44 PM |
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How many cryptocurrencies do you invest in?
5-7. diversification is everything when it comes to investing, period. for people relying on (or believing) in bitcoin alone is foolish... i've used bitcoin profits to buy/hedge other alt's, and have had insane returns doing so. i always sell a % when a pump happens to recoup principle, then reinvest into something else. some alt's i'm long term, others i play by ear.
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AusKipper
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March 27, 2017, 11:45:17 PM |
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I currently have 2.
If I was investing properly in the crypto space and not just playing around with a bit of spare change I would probably have at least 20, and some of that would be small amounts of money in tiny market cap cryptos in the hope one of them goes up 1000x.
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AnCap101
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March 28, 2017, 12:41:45 AM |
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I wish to invest $100 each in top 100. And profit is guaranteed. I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value. I am a bit retarded but if you look at the numbers the amount of green is way higher than red?
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cryptimus prime
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March 28, 2017, 12:54:51 AM |
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Investing in ETH and XMR is enough for me. Active development and interesting technology. DASH is a marketing joke, Zcash based on "trusted setup".
XMR and ETH are here to stay, others come and go (and usually take your money with them).
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robelneo
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March 28, 2017, 06:33:35 AM |
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On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?
It is easy to tell coins that are going to survive,coinmarketcap and coingecko is still the best guides on coins that are likely to survive because of comunity support and trading volume,I have stakes on 20 coins on the top 40 coins in the coinmarketcap..
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jeffytune
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Peace not piece.
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March 28, 2017, 06:00:20 PM |
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I wish to invest $100 each in top 100. And profit is guaranteed. I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value. Not sure what its telling?
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altseeker
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March 29, 2017, 10:37:59 AM |
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10 different crypto currency in my portfolio which are currently on top 30. I believe investing on top crypto currency will help you somehow avoid major risk in the future.
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Febo
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March 29, 2017, 10:44:18 AM |
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On the one hand, I would like to diversify due to volatility, but on the other hand, how many of these are actually going to survive? Eventually are we going to have 1 cryptocurrency that is fast, secure, anonymous, can handle smart contracts, and so on, and there will be no reason to use anything else?
No we will not have one currency. We dont have one today either. With crypto we will have 1000 times more currencies as today or more.
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shamzblueworld
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March 30, 2017, 05:46:31 AM |
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For now only 2, but usually the number is between 2-5. And I try not to go with coins at the bottom, I know profit their could be 10x or more but I stick with the upper portion and try to rely on the regular pump and dump and get the small percentage of profit each time. I feel it is less risky.
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ulhaq (OP)
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March 31, 2017, 06:43:01 AM |
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I wish to invest $100 each in top 100. And profit is guaranteed. I am not sure if you are being serious, but this is a terrible idea. Look at the performance of the index on http://alt19.com/. It uses a similar methodology as you and it has lost about 95% of its value. I am a bit retarded but if you look at the numbers the amount of green is way higher than red? You are not looking at it correctly. Scroll to the bottom and click on alt indices in the dropdown. Take a look at the graph and you will see what I mean. A few years ago the vast majority of the cryptocurrencies are not even existing today. The previous person wanted to invest $100 in 100 cryptocurrencies. That is very similar to the altcoin index. Yes, the ones that now exist are doing well. It is called survivorship bias, and a few years ago ppl did not know what would be existing now, just as now no one knows what will exist in the future.
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emdje
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March 31, 2017, 12:24:02 PM |
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Currently 2, in about a month that will be 3, because I don't have much time to research all the coins out there I have to be selective. So for now EnergyCoin and GameCredits, in about a month MobileGo will the 3rd
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