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Author Topic: Question about investments I've made  (Read 245 times)
n3w_Trader (OP)
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September 02, 2019, 08:30:17 PM
 #1

So, basically, I've invested about $170 into Bitcoin trading. I figured only invest a little bit while I still get the hang of trading. Currently, about $70 is in BTC, $20 is in ETH, and the remainder in KCS. The reason for KCS is because I know that they pay dividends and I already had an account there. I heard that COSS is better with dividends, but I'm already using two exchanges and I'd rather not give out my personal info to any more exchanges. I plan to wait for KCS to rise in price, and then use it to purchase Dash and maybe Monero. The coin I purchase will be one which is generally rising in value, but is at a low point at the time that I purchase it (while the price of KCS is higher). How high I wait for KCS to rise depends on its longterm stability as a coin. If it's a dying coin, then I might wait until the price raises to $1.60, and then jump ship. If KCS is generally going to rise over time, especially as we pull out of this bear market, I will probably only trade a portion for another stable currency. As for ETH, I've got two contingency plans. The first is that I hold onto it if it is generally a stable coin. If it is projected to die out in the near future, I may wait for it to rise in price and then jump ship.

My questions are: Are KCS and ETH stable coins? Should I expect to jump ship with either one? Is Dash a good holding coin, or should I prefer Monero?
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September 02, 2019, 09:10:38 PM
 #2

So, basically, I've invested about $170 into Bitcoin trading. I figured only invest a little bit while I still get the hang of trading. Currently, about $70 is in BTC, $20 is in ETH, and the remainder in KCS. The reason for KCS is because I know that they pay dividends and I already had an account there. I heard that COSS is better with dividends, but I'm already using two exchanges and I'd rather not give out my personal info to any more exchanges. I plan to wait for KCS to rise in price, and then use it to purchase Dash and maybe Monero. The coin I purchase will be one which is generally rising in value, but is at a low point at the time that I purchase it (while the price of KCS is higher). How high I wait for KCS to rise depends on its longterm stability as a coin. If it's a dying coin, then I might wait until the price raises to $1.60, and then jump ship. If KCS is generally going to rise over time, especially as we pull out of this bear market, I will probably only trade a portion for another stable currency. As for ETH, I've got two contingency plans. The first is that I hold onto it if it is generally a stable coin. If it is projected to die out in the near future, I may wait for it to rise in price and then jump ship.

My questions are: Are KCS and ETH stable coins? Should I expect to jump ship with either one? Is Dash a good holding coin, or should I prefer Monero?

Nothing in crypto is stable, besides actual stablecoins, but they are dollar for dollar, so no point in trading with those.

So you are playing with $100 for alts? At that amount, it kind of doesn't matter what you do really ... just stick it either into BTC and forget about it, or take some swings at a lottery coin that may go up 2-10x.

If you plan on practicing trading, in this market it may have less to do with specific coins and just catching the swings, in-between BTC going up and down like a yo-yo. And then hoping whatever coin you bought reacts in a logical way. But most of the alt market lately has acted instead like a sinking stone.
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September 02, 2019, 09:23:06 PM
 #3


My questions are: Are KCS and ETH stable coins? Should I expect to jump ship with either one? Is Dash a good holding coin, or should I prefer Monero?
Stable coins? They arent.

USDT, TUSD etc. are the ones who are pegged with $1 and the altcoins you mentioned is never been had a stable price.
I know this sounds harsh but i dont see for it to be worthy to have a long wait basing on what you do hold.You cant expect for ETH or neither
KCS to shoot up 100x or 10x or even 3x on a short span of time which means are you willing to wait up for years just for a % profits?

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September 02, 2019, 09:35:53 PM
 #4

Making an investment choice always comes down to your reason for investment. You're in crypto and you may have different reasons for investments- short or long term, dividend or not, volatile or nonvolatile, privacy/masternode/PoW or whatever coin.
But for the record, tgose coins aren't stable...they all have volatility, and to your last question..research on your own welk before you go all in in a particular coin.

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September 03, 2019, 12:53:29 AM
 #5

My questions are: Are KCS and ETH stable coins? Should I expect to jump ship with either one? Is Dash a good holding coin, or should I prefer Monero?
ETH, KCS, DASH, Monero are good coins, but they are not stable coins whose prices are very volatile, if you are looking for a stable coin you can buy USDT
But if you are looking for coins to hold and want to get a good profit I think ETH and DASH can be an option, I know both coins start at very low prices and now they will continue to grow
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September 03, 2019, 01:17:05 AM
 #6

Those are not Stablecoins. If you want stablecoin that you can buy in exchanges, why not Try USDT or GOLD. This coin depends on the price of actual price of dollars and gold. In your second question, both of them are good coins but I think Monero is ahead in terms of community support. Nonetheless, I would invest in both coin when I have capital because this coins will follow Bitcoin's trend.
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September 03, 2019, 01:42:17 AM
 #7

For now there is no stable coins as even Bitcoin and Ethereum are all affected by this unhealthy market. No one can predict the future of each coins that you invested but if i where you, i suggest that you stick to Bitcoin and Ethereum as they are the much better coins in time of market difficulties.
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September 03, 2019, 02:18:25 AM
 #8

No, both KCS and ETH is not stable coins. Both coins depend on bitcoin price to moves. And if bitcoin increase, both coins will be down for a moment but then will increase again. That will happen over and over, but in the long-term, I think ETH can back to the higher price while in KCS, I don't have any clue. If KCS is a potential coin, then I guess KCS will have a chance to increase, but if it's not, then KCS will get down for more.

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September 03, 2019, 04:53:56 AM
 #9

Dash and Monero are good coins, but in my opinion it would be nice to try on top 10 CMC coins, which don't have to wait long to hold those coins



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September 03, 2019, 05:08:39 AM
 #10

The coins you mentioned have their respective products. I think those coins are the best coins for long-term investment. the coins you mentioned are not stable if you want stable coins there are many like USDC, USDT, PAXO etc.
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September 03, 2019, 07:00:33 AM
 #11

No, both KCS and ETH is not stable coins. Both coins depend on bitcoin price to moves. And if bitcoin increase, both coins will be down for a moment but then will increase again. That will happen over and over, but in the long-term, I think ETH can back to the higher price while in KCS, I don't have any clue. If KCS is a potential coin, then I guess KCS will have a chance to increase, but if it's not, then KCS will get down for more.

I agree with your statement that KCS and ETH are not stable coins, but I don't agree if you think KCS has no potential opportunities. If we look at ranking coinmarketcap, KCS is still included in top 50 coins and in my opinion it is still a potential coin. It's just that altcoin is now still consolidating because bitcoin seems to be in a sideaway period. So all altcoin is still unpredictable, but if bitcoin is pumped again, then top altcoin will become a potential opportunities and pumped too.

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September 03, 2019, 07:31:44 PM
 #12

My questions are: Are KCS and ETH stable coins? Should I expect to jump ship with either one? Is Dash a good holding coin, or should I prefer Monero?
ETH, KCS, DASH, Monero are good coins, but they are not stable coins whose prices are very volatile, if you are looking for a stable coin you can buy USDT
But if you are looking for coins to hold and want to get a good profit I think ETH and DASH can be an option, I know both coins start at very low prices and now they will continue to grow

The guy should learn more about the difference between stable coins and tokens, "usual" cryptocurrencies. A stable coin is a cryptocurrency with extremely small volatility that trades against the rest of the market. Some of them are tools already known to the market, for example, Tether, transferred to the Bitcoin blockchain. Now, we are waiting for Libra, stable coin to keep money in it.

Tokens with high volatility are for trading as they can give us a great profit if go to the Moon - stable coins cannot do it.
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September 03, 2019, 07:34:40 PM
 #13

These are very little investments, they are okay as long as you get the hang of the platforms where you trade.
Just think of what kind of Return on your investment you can get with those kind of investments - almost none.

20$ in ETH, to get something worth doing with ETh should go 5x just think of that chance..

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September 03, 2019, 08:04:34 PM
 #14

Your questions are just to naive do not mind hut do try to read more about each coin and project you are looking to invest this is a friendly advice and please be sure that there is no stablecoin among all the coins you have named so all these coins and tokens do have superb potential to grow nicely in future but in the end it is your own personal choice and decision as investment is a very personal thing always, for me eth is an awesome long term pick especially if you can hold for atleast couple of years eth will definitely show its potential  in coming months.

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September 03, 2019, 08:13:26 PM
 #15

So, basically, I've invested about $170 into Bitcoin trading. I figured only invest a little bit while I still get the hang of trading. Currently, about $70 is in BTC, $20 is in ETH, and the remainder in KCS. The reason for KCS is because I know that they pay dividends and I already had an account there. I heard that COSS is better with dividends, but I'm already using two exchanges and I'd rather not give out my personal info to any more exchanges. I plan to wait for KCS to rise in price, and then use it to purchase Dash and maybe Monero. The coin I purchase will be one which is generally rising in value, but is at a low point at the time that I purchase it (while the price of KCS is higher). How high I wait for KCS to rise depends on its longterm stability as a coin. If it's a dying coin, then I might wait until the price raises to $1.60, and then jump ship. If KCS is generally going to rise over time, especially as we pull out of this bear market, I will probably only trade a portion for another stable currency. As for ETH, I've got two contingency plans. The first is that I hold onto it if it is generally a stable coin. If it is projected to die out in the near future, I may wait for it to rise in price and then jump ship.

My questions are: Are KCS and ETH stable coins? Should I expect to jump ship with either one? Is Dash a good holding coin, or should I prefer Monero?
First, the amount of investment is n't very big, so I think you can not get a big profit in any currency. To my opinion, I'll prefer to make investments into DASH then into Monero. DASH coin has a longer history with success then Monero. KCS is a coin with minimal trust from a list that you write.

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September 03, 2019, 11:19:13 PM
 #16

I don't see KCS will be dying shortly, as long as the exchange's volume is great you don't have to worry about it. Before jumping to any other coin, why don't you buy the other coin using the extra money that you have?

If you are for the dividends, keep it but if you think that there's no future for that coin then sell it right away.

My questions are: Are KCS and ETH stable coins?
Stable in a way that there's a high volume that you can depend but it's possible that it may plummet as well in the future although I don't see it coming.

Should I expect to jump ship with either one? Is Dash a good holding coin, or should I prefer Monero?
Dash and Monero are both good.

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September 03, 2019, 11:22:33 PM
 #17

The main coins that are truly known to be stable, which are the likes of USDT, TUSD and the likes are not even stable. Therefore, talking about stability when it comes to crypto coin, might be a cream never coming true. Due to the volatile nature of cryptocurrency, even the coin that seems to be the best, which is bitcoin, if am not wrong, also plunge. So then, KCS or even ETH are also subject to it.
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September 03, 2019, 11:45:55 PM
 #18

In this case, ETH and KCS are not stable coins. They still have fluctuations and volatility that depend on the market. The stable coin itself is like USDT and USDC as what the other members said above.

KCS (KuCoin Shares), a coin that is ranked 42 in CMC. I think this coin is included in a coin that promises to be a long-term investment. At present, the price has increased by more than 4%, which is in the figure of $ 1.57 USD.

If we observe, KCS itself already has a quite good trading volume which is around $ 18,378,026 USD with a circulation supply of 88,086,720 KCS. I believe that it has the potential to have increasing price again for a long-term hold.

But if you want to convert KCS to Dash this is also a good choice. Try to see how you progress in the future the price and development of the coin.

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lixer
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September 04, 2019, 04:15:54 PM
 #19

It depends on your own perspective view, like me now, I will count Ethereum as partially a stable coin because of its stable value and very low volatility which can be relied on for transaction, but can be used for long term investment once in a while, maybe during bull run, it could grow high and then return back to its normal stable value in future, so you could rely on both coin to really give you some very high profit in future when they enter their altcoins season.

Those cons are still quite different from the ones that are specifically created to be a stable coin, these are controlled and may never grow more than the price that has been fixed for it, and those types are these popular ones like tether, usdc and other stable coins that we have in the market.

Kang TB
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September 04, 2019, 04:41:59 PM
 #20

So, basically, I've invested about $170 into Bitcoin trading. I figured only invest a little bit while I still get the hang of trading. Currently, about $70 is in BTC, $20 is in ETH, and the remainder in KCS. The reason for KCS is because I know that they pay dividends and I already had an account there. I heard that COSS is better with dividends, but I'm already using two exchanges and I'd rather not give out my personal info to any more exchanges. I plan to wait for KCS to rise in price, and then use it to purchase Dash and maybe Monero. The coin I purchase will be one which is generally rising in value, but is at a low point at the time that I purchase it (while the price of KCS is higher). How high I wait for KCS to rise depends on its longterm stability as a coin. If it's a dying coin, then I might wait until the price raises to $1.60, and then jump ship. If KCS is generally going to rise over time, especially as we pull out of this bear market, I will probably only trade a portion for another stable currency. As for ETH, I've got two contingency plans. The first is that I hold onto it if it is generally a stable coin. If it is projected to die out in the near future, I may wait for it to rise in price and then jump ship.

My questions are: Are KCS and ETH stable coins? Should I expect to jump ship with either one? Is Dash a good holding coin, or should I prefer Monero?

KCS, Ethereum, Dash and MOnero is good altcoin to invest for long term hodl mate
KCS a good exchange coin created by Kucoin exchange, ethereum known as the best altcoin now,,
dash the first masternode coin and monero the best privacy coin
so, if you buy and hodl all the alts above, thats really great idea buddy


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