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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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qiwoman2
Legendary
 Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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December 18, 2017, 12:54:45 PM |
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I just started reading your blog and it's really fascinating to document this journey. I bet one day when you become a millionaire you will be able to show this one day to your kids and grand kids and show them how it was done. I hope I can do something similar as well and keep a diary. This actually could be really fun. Maybe do the same or similar. Start with 1k USD and see where it lands after say 3 years from now as I am probably much older than you. I will be 52 years old in January.
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sendoh
Newbie
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Activity: 13
Merit: 0
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December 18, 2017, 01:18:25 PM |
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I also do the same, investing 100$ on cryptos under 1$ in the top 100 CMK. I have now ~20 cryptos and it's only the beginning. I hope this strategy will pay off  for example, only with TRON, +423% (x4) since December the 13th, and I have also Power Ledger, Vechain, MAID, ETHLEND, BAT... which have pump  |
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manoj6233
Jr. Member
Offline
Activity: 196
Merit: 1
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December 18, 2017, 01:20:16 PM |
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5 days ago - Market cap of bank-friendly digital currency Ripple XRP doubles to $18 billion in just three days. ... It allows users to send, receive, and hold any currency in a decentralized way via the Ripple network. ... And Michael Arrington's $100 million cryptocurrency hedge fund will be valued in Ripple's XRP.
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JMVB
Newbie
Offline
Activity: 28
Merit: 0
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December 18, 2017, 01:25:12 PM |
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Moana
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December 18, 2017, 01:32:55 PM |
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Now this makes me really envious, I should have followed your experiment and replicate it...
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asayoyaasa
Copper Member
Full Member
Offline
Activity: 648
Merit: 159
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December 18, 2017, 01:35:41 PM |
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awesome, i told you in previous thread that you gonna have big profit.
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This is my main account. My alt account for bounty report in the future >> asa crypto info |
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aquantivis86
Newbie
Offline
Activity: 129
Merit: 0
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December 18, 2017, 03:34:03 PM |
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I just started reading your blog and it's really fascinating to document this journey. I bet one day when you become a millionaire you will be able to show this one day to your kids and grand kids and show them how it was done. I hope I can do something similar as well and keep a diary. This actually could be really fun. Maybe do the same or similar. Start with 1k USD and see where it lands after say 3 years from now as I am probably much older than you. I will be 52 years old in January.
52 but with spirit. I always admired you on the Poloniex trollbox. Unless you are a filthy imposter. Someday we should have smart contracts which keep track of that stuff for us, calling itself yearly or something. But I want smart contracts for everything. |
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cgalloway
Newbie
Offline
Activity: 12
Merit: 0
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December 18, 2017, 03:43:01 PM |
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which platform are you using to show that profit/loss screen on your webiste? i have yet to find one that will show me actual gains/losses, so i'm having to calculate it myself.
thanks!
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altcoin999
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December 18, 2017, 03:55:39 PM |
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i've read it all and i'm interesting could you tell me how you choose which coin will you invest? random or any pattern or method? and also what is this website will do ? https://cointracking.info/ |
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tree1100hn
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December 18, 2017, 04:06:40 PM |
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Sounds a good idea, but can you stick to the five-year post? I feel very difficult this ah. There is a little less money to participate in the experiment. For example, 100,000 US dollars, so five years later there are estimated 100 million US dollars. The outbreak of the current digital money market attributes, will certainly.
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traderethereum
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December 18, 2017, 04:14:52 PM |
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that is great sir, your balance is increased and you make a double profit on your investment. you only need 10 days to gain the profit. I guess you are lucky because you can make a big profit from your list. I think you can sell right now if you want to take the profit or if you want to still hold and waiting for another bigger profit. |
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Ru1016
Newbie
Offline
Activity: 66
Merit: 0
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December 18, 2017, 04:22:33 PM |
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very cool experiment! i am definitely curious to follow along. will be interesting to see if you can outperform normal "traders" the same way the S&P 500 index generally outperforms active investment managers
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Eternu
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December 18, 2017, 04:27:39 PM |
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First I want to congratulate you for gathering courage for such move. Secondly, that is why so many people join cryptocurrency world this days. There are high chances that they will earn some easy money. But what fears me is, for how long will this bubble last? Because with so much pumping, price of crypto went over its actual worth, and it is just matter of time before it blows. So i would advice you to be careful, and not let your emotions cloud your judgement. Keep the good work and be careful.
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tamango
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December 18, 2017, 04:29:20 PM |
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This is a very curious experiment. The amount invested is not huge so I think you can stand losses eventually... I will follow your experiment!
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Anthony1985 (OP)
Sr. Member
Offline
Activity: 560
Merit: 251
Tic.eth
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December 18, 2017, 05:09:25 PM |
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First I want to congratulate you for gathering courage for such move. Secondly, that is why so many people join cryptocurrency world this days. There are high chances that they will earn some easy money. But what fears me is, for how long will this bubble last? Because with so much pumping, price of crypto went over its actual worth, and it is just matter of time before it blows. So i would advice you to be careful, and not let your emotions cloud your judgement. Keep the good work and be careful.
I'm holding them for 5 years, no matter what happens. |
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Kakkles
Newbie
Offline
Activity: 61
Merit: 0
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December 18, 2017, 05:24:32 PM |
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It's a really interesting project and makes me curious even to try myself but for now I think it will be more effective for me to just put more money in the projects I believe in.
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phantam
Full Member
Offline
Activity: 546
Merit: 106
Bountyhive.io
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December 18, 2017, 05:42:24 PM |
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So your basically doing your own version of crypto 20 but with many more cryptos i love it i'm bookmarking the blog as this is something i've desperately wanted to do myself.
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FrueGreads
Legendary
Offline
Activity: 1582
Merit: 1059
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December 18, 2017, 05:43:51 PM |
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That is quite an interesting project, and I will start tracking you project. In fact I think I will try something similar, because I'm also a buy and hold person. My only fear in investing in altcoins is that I don't know how good they will handle versus bitcoin. Have you checked how much your profit would be if you just holded the $1000 in bitcoins, instead of spreading it over 100 alts?
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hynext
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December 18, 2017, 07:07:19 PM |
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I'm reading your blog, It's a great idea which cryptocurrency to buy and hold in long term. I would do the same like yours if I get my money. Well, I will start $100 next month and experiment which is good to best to buy and hold. Keep updating us on your blog.
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