unick
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May 05, 2014, 02:51:27 PM |
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The lesson for the month of April is diversification. I suggest that people really look into diversification for asset protection.
I can't believe it took you so long to realise this and advice people to do so. It will teach you how to be smart.
Well... I believe it was meant as "Here's a great example of why you should diversify your assets, I recommend you look into it" rather then "Oh wow, I just realized that diversification is key in trading!"
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presstab
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May 05, 2014, 05:01:55 PM |
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Wow 7,000 PoS mined for the month that is awesome!
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brother3
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May 05, 2014, 06:12:38 PM |
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Wow 7,000 PoS mined for the month that is awesome!
Wow.... I would be happy with just 700 .... or even less ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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tokyoghetto (OP)
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May 05, 2014, 06:19:35 PM |
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The lesson for the month of April is diversification. I suggest that people really look into diversification for asset protection.
I can't believe it took you so long to realise this and advice people to do so. It will teach you how to be smart.
Well... I believe it was meant as "Here's a great example of why you should diversify your assets, I recommend you look into it" rather then "Oh wow, I just realized that diversification is key in trading!" Thanks Unick, that is exactly what I meant. Diversification actually helped me minimize my losses on the Asiacoin scam. Just wanted to provide a real life example so that hopefully others can benefit. People shouldn't let greed get the best of them. Too many went all in on Asiacoin. I was tempted to ramp up my investment as well but I stayed small on my position. This helped me out a lot and hopefully with the revival of Asiacoin with new devs, my losses will be next to nil.
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tokyoghetto (OP)
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May 05, 2014, 06:22:13 PM |
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Wow 7,000 PoS mined for the month that is awesome!
Wow.... I would be happy with just 700 .... or even less ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Even I started small. I remember buying these first HBN and feeling happy, not not knowing what lay ahead. Before starting this journal I held ZERO HBN. As of this sentence I hold:
436.801357 HBN
This is the HBN address I will be moving the coins to
F279k6BLzn9YPh2ARx35jo2HPLJL2S8cHr
you can moniter my progress using a block explorer.
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unick
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May 05, 2014, 11:35:47 PM |
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Wow 7,000 PoS mined for the month that is awesome!
CHA CHING ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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oggy932
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May 06, 2014, 12:09:03 AM |
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Wow 7,000 PoS mined for the month that is awesome!
CHA CHING ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That's a nice little earner
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David Latapie
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May 06, 2014, 04:46:21 AM Last edit: May 07, 2014, 03:16:15 AM by David Latapie |
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tokyoghetto, I just read the whole thread (well, mostly only your posts because it would have too long for me at 6 AM). As a core member of the Mintcoin team, I appreciated your reading on it. I also appreciated what I read about Blackcoin and HoboNickels and Tekcoin, about the importance of the dev behind the coin (I knew it already but you confirmed my feeling).
I must confess I did not understand all you wrote; part of it because of lack of sleep, certainly; part of it because, well, we neverseldom understand someone 100%, right?
I would like to ask one some questions: 1. I've grown defiant of day-trading - this is not for me. What are the alternative if you cannot just take your real-life money and buy coins after coins? You seem to imply that betting on a stable crypto with a heavy interest stake is worth it. So the various strategies I see: -- day-trading -- long-term minting -- pure investment (buying a crypto and hoping for long term growth) -- mining (not possible for me, too small a flat for rigging, maybe renting for fast PoW but that's all) -- "venture capitalism" - identifying coin with a future, but at low price and wait -- any other? (personally, I am more in a fire-and-forget thing, since I have enough other project to keep me busy, like making sure people live better after 50).
2. Tekcoin has a 160%480% interest rate per year (40% interest for threeper month), so it protects even more against sudden pump and dump than HBN does (I know, it requires you to keep them for three months, so catching the right moment to sell is even harder than with Mintcoin). How would you compare HBN and Tekcoin? Please note I am not that much interested in your final say than in what are the things you will take into consideration, how you mind will work. Hopefully by reading your answerreply, I will be better able to understand what is worth considering.
Thank you again Tokyoghetto for your calm and serene writing style (and content).
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mighty jol
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May 06, 2014, 05:52:44 AM |
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i think you got it wrong on tekcoin: it s 40% a month
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tokyoghetto (OP)
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May 06, 2014, 12:23:55 PM |
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Thank You David for your feedback and excellent questions. Please allow me 48 hours to reply. today I have work + after work function (plenty of drinking) and tomorrow I repeat the work part again. This will also allow me time to think about your questions so that I can provide you with the best answers possible.
Thanks,
tokyoghetto
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dogechode
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May 06, 2014, 01:17:56 PM |
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I'm sort of torn between wishing I had invested a chunk of cash into POS coins like hbn. The thing is so many coins just end up flopping, I don't really want to end up being a bagholder, and hbn prices are awfully high now. I mined all my HBN so I only have about a thousand.
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MarketNeutral
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May 06, 2014, 01:56:48 PM |
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I'm sort of torn between wishing I had invested a chunk of cash into POS coins like hbn. The thing is so many coins just end up flopping, I don't really want to end up being a bagholder, and hbn prices are awfully high now. I mined all my HBN so I only have about a thousand.
Now's probably a good time to buy HBN, with the recent price dip. Staking can really accelerate when it compounds, so the sooner you buy and hodl the better. Disclosure: I hold a HBN position and am nibbling at these prices.
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vrm86
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May 06, 2014, 02:51:39 PM |
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I stopped buying HBN when it was @ 30k. Instead of this I'm gathering PHS and here are some reasons: -PHS is well supported by dev (Palmdetroit) and community -PHS has 50% lower PoS interest rate, so considering previous point, if HBN price is 3x higher than PHS I'd rather buy the second one. Anyway, both HBN and PHS are the main points of my crypto portfolio. Good luck to devs ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Still watching TEK and waiting for the first stake.
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presstab
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May 06, 2014, 05:25:48 PM |
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I stopped buying HBN when it was @ 30k. Instead of this I'm gathering PHS and here are some reasons: -PHS is well supported by dev (Palmdetroit) and community -PHS has 50% lower PoS interest rate, so considering previous point, if HBN price is 3x higher than PHS I'd rather buy the second one. Anyway, both HBN and PHS are the main points of my crypto portfolio. Good luck to devs ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Still watching TEK and waiting for the first stake. I have also been buying up Tek recently. I have never staked with it, and am excited to see how it goes. I am obviously a huge HBN fan, but I want to learn a bit more about how Tek works. I mainly hold HBN but I think there is benefit to adding some diversification. Also at current prices, to buy 1% of the HBN supply it would cost about 17.4 btc, to buy 1% of Tek it costs about 1.79 btc. I think it is an interesting diversification and it is being worked on to add more community support. Time will tell. And while I wait for my Tek stakes to come in I get my HBN stakes every ten days, so it is much easier to be patient.
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forzendiablo
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the grandpa of cryptos
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May 07, 2014, 02:36:16 AM |
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LGD is the moon people. they fixed PHS wallet [full of bugs] and trade for BTC-E.com codes.
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yolo
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breakbeater
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Life is a bitch, get used to it...
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May 07, 2014, 07:19:32 AM |
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LGD is the moon people. they fixed PHS wallet [full of bugs] and trade for BTC-E.com codes.
PHS wallet full of bugs? I think you are full of shit, and please don't spam decent topics with your shitty coins (LGD, GTFO, WTF, ETC....)
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vrm86
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May 07, 2014, 02:43:56 PM |
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LGD is the moon people. they fixed PHS wallet [full of bugs] and trade for BTC-E.com codes.
Pump harder.
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dogechode
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May 07, 2014, 02:53:00 PM |
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I'm sort of torn between wishing I had invested a chunk of cash into POS coins like hbn. The thing is so many coins just end up flopping, I don't really want to end up being a bagholder, and hbn prices are awfully high now. I mined all my HBN so I only have about a thousand.
Now's probably a good time to buy HBN, with the recent price dip. Staking can really accelerate when it compounds, so the sooner you buy and hodl the better. Disclosure: I hold a HBN position and am nibbling at these prices. I'm thrilled that prices dipped a bit, now I'm getting more from my hashcows mining efforts again. For a couple days there I was getting way less due to skyrocketing price + multipool mining kind of sucking lately.
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presstab
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May 07, 2014, 03:28:49 PM |
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I'm sort of torn between wishing I had invested a chunk of cash into POS coins like hbn. The thing is so many coins just end up flopping, I don't really want to end up being a bagholder, and hbn prices are awfully high now. I mined all my HBN so I only have about a thousand.
Now's probably a good time to buy HBN, with the recent price dip. Staking can really accelerate when it compounds, so the sooner you buy and hodl the better. Disclosure: I hold a HBN position and am nibbling at these prices. I'm thrilled that prices dipped a bit, now I'm getting more from my hashcows mining efforts again. For a couple days there I was getting way less due to skyrocketing price + multipool mining kind of sucking lately. I always buy the dip with HBN.
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