@JayJuanGee Yes you were very tough and words like dumbass is not needed here for a serious discussion.
What the fuck do you know? You are engaging in the kind of behavior to justify such language usage from me. In total, I am likely being too nice to you by even giving you several opportunities to redeem yourself from your current nonsensical status..
One thing keeps in my mind to say: Any hardliner in the wourld, policial or economical is a dumbass in my eyes. There is no black and white truth. Everyone should know.
Of course, there are other examples of injustices, ironies and dumbness in our world but that does not mean that you are not acting like one of those examples of a dumbass or a dimwit, as well.
Pointing the finger at other examples seems to be failing/refusing to take responsibility for your own situation by engaging in diversion tactics.
And if you are really interested why some alts are maybe good investment I would point out now some:
Not looking for advice regarding how to gamble with my money (or for newbies to gamble either). Looking for you to make a description of how to approach a btc/crypto investment portfolio for me or for newbies.
Big player:
DOGE: startet as funny coin, no updates, but stable since 5 years. Fast Transfer, Has same periodic waves as bitcoin and its cheap now with 30 sat. I would take some and sell back to 70 sat (then you have your BTC)
Didn't I already provide you with a budget for 6 months? How much of the 6 month budget goes into this coin? And, you are saying to just hold it until it reaches 70 sats.. that's a somewhat reasonably understood guideline, I suppose, if the price of doge goes there that is another question, but at least I would know to sell at that point, and presumably go into bitcoin at that time. Are there other scenarios that I should sell, or if it goes down rather than UP, I just keep holding until it goes to 70 sats at some point?
DASH: very hard development, first Masternode coin, so no simple fork of BTC, has updated a strong 51% attack protection in last update, masternode holders depend the way of the coin by voting, as I said before payments in secound on chain as regular payment, no extra fee is needed any more.
Price prediction is hard but I would give it a try, also cheap at the moment.
You need to be more specific regarding how much of our newbie budget that we are putting in to this one and when to exit, no? How else we going to know what to do with our budget?
IOTA: big discussion everywhere, NO fork of BTC, technical child shoes, contracts with big automotive company, risky investment but when suceed BIG win.
small player (of course more risky)
O.k.... again how much of our 6 month budget goes here? and when do we know when to get out?
AXE: has grouth its value 5 times in 4 weeks, is a copy paste of actual DASH, CMC rank about 200 , but cheaper to hold a masternode, maybe too late to jump in
Ok. so in the end, you are saying don't invest in this one? Remember that I wasn't going to invest in anything other than BTC anyhow? So by telling me (or anyone else) not to invest in this one, you are not suggesting anything different from the original plan. How is that helpful? I suppose that if i am going to give you some benefit of doubt about why you brought up this particular coin would be just to say that such a coin would have been a past opportunity, is that what you are meaning? We can look at a lot of charts and see past opportunities, can't we? Should we let those distract us from our current plans?
HTH: Also a DASH fork, will make an swap with actual DASH code including a change to X16r algo of Raven. Mostly interesting: Accepted charity organisation in the US, possible big exchange listing, very cheap because of several factor so no high risk, two option: trash or really big groth.
O.k.... again how much of our 6 months budget goes here? and when do we know when to get out of this one?
If some more come in my mind I will write....
We are deciding our investment portfolio and plan now, no? How are we going to decide in the future when you might add some more coins? Does our plan require having to listen to you or to some other oracle on a regular basis regarding what to invest into and how to create or plan or how to tweak our plan on a regular basis? That does not seem good to have to depend on anyone else to provide future tips about coins or having to go through a constant and uncertain process of tweaking on an ongoing basis? And regarding all of these investments how much time are we going to be spending on watching them to know when to get out.. and now you are suggesting when to get in, too?
Edit: Sinovate: Relativly new, uses bigger exchanges, Algo X25 relativly new, interesting idea about Masternode to avoid pump and dump: coins for started Masternode are burned, the reward is payout over a year.
Haven't even gotten away from this post, and you are already coming up with more factors to consider in our investment plan. Would be nice if your ideas were already set, no? With these ones, are you suggesting acting or not in regards to any of them? You want us to follow these projects to figure out if we are going to add them in the future? Isn't there some difficulties in using so much brainpower to attempt to follow various nonbitcoin projects and potentially spreading out our time and money so thin?
But you are right, many small alts just copy paste with sometimes scam intention , sometimes just too small to survive.
At the same time, you are suggesting that instead of investing in bitcoin, you want us to try to follow all of this nonsense to be able to attempt to spot an opportunity in some various other cryptos, and when we do spot an opportunity then we need to be able to get in and out of the "opportunity" at the right time, no?
I am having some difficulties understanding how your proposed investment approach would be better than starting with a focus that is mostly on bitcoin, like mic had suggested from the start.
And as you see I have my own experiance starting a coin as social project, but run out of money by scam of exchanges and devs.
The more coins that any person has (whether newbie or otherwise), then the more potential for scams, no? like you said, more shady exchanges and shady devs. So you seem to be suggesting that newbies increase their avenues of risk by adding a bunch of other projects to their portfolios?
Theme is very complex also with bitcoin and tether taking the price, so EVERY Invest must be good checked.
Huh? You are trying to suggest that bitcoin is a scam, too? Because of tether? Here comes some more idiocracy, no? You must merely be trying to justify your decision to invest in a multitude of crypto projects by trying to lump bitcoin into a similar kind of category, in order to kind of throw your hands up and suggest that all cryptos are equal, including bitcoin? I am not too convinced by your attempting to lump bitcoin in with your other scam coins.
By the way, overall, I will praise you for attempting to provide some kind of additional ideas about some other crypto projects, but you have NOT even come close to suggesting any kind of specifics, except perhaps for your recommendation about doge that was the most specific of all of your recommendations, but hardly is even helpful to invest in one of your suggestions if I don't know, in accordance with the budget that I provided to you about how much of my current $6k to put in or how much of $3k cashflow over the next 6 months.
For now, I might not call you a dumbass as much as I was, unless you cause me to by saying some more dumb things, but certainly, you are not really providing very good proof that you are not a dumbass in accordance with what you are suggesting that we (or newbies) should do in terms of their current crypto investments.
Accordingly, you have not provided enough of an investment guidance yet to justify my retracting any of the times that I have already thrown out such dumbass or diptwit epithets in your direction. You surely left me (or any newbie) without much guidance for investing over the next 6 months, and compared to mic's plan, the newbies would likely be swimming in your vague guidance that also does not say how much, if any, bitcoin should be included in such proposed investment plan allocations.
Furthermore, even if you had not liked the 6 month budget scenario that I had presented to you, you had not even created your own budget proposal scenario or even an alternative investment timeline. Newbies need more concreteness and guidance than you are providing, no? Seems that OP's post comes much closer in the direction of providing direction and concreteness for newbies, and even better focal points than what you have so far provided... It's like you are attempting to think through the plan as you go rather than having something that you can present to a newbie, no?
