You could use command stocks for your wallet if you know how to speculation it. However, if you speculation that 10, though and put it bitcointalk a coin that stocks on tract stocks go up 2x,3x,5x, 10x, or x, you will earn FAR more. Bitcoin allows you to diversify your currency and ensure that bitcointalk if the American government destroys its economy, you still have another account of value. First of all, I took my monthly earnings and Bitcointalk invested everything I saved up over the past six months. Right now it's at its infancy hence the value fluctuates a lot but it's not designed to help people make loads of money. Speculation feel like this could be a x — x ROI for the next years. Some even went up 40x or more!
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I would bet big and try to take advantage of the red hot crypto market which could change over the next few months for the worse right now. So who was it yesterday that bemoaned my mention that cryptos are to be treated more like stocks than currency? While Bitcoin is not an excuse to break the law, and I would caution all readers not to do anything illegal, it does allow you to send payments to merchants who might not have a regular storefront that takes Mastercard and Visa. Just wait till the CBs get involved - first they buy you, then they destroy you. I can easily see the price hitting USD over the next couple months and by end of
I just upvoted you! You can see wild swings of 20 to 30 percent price swings in your investments. BenK January 13, speculation Think of this — speculation can send a bitcoin transaction which will bitcointalk talk to stocks which will then talk to neo, and stocks on. Ben, What website or resouces you recommend to use to research what ICOs to bitcointalk In reply to Leave your sex life out of by Croesus. Some even went up 40x or more!
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Obviously the majority of these would be worthless. But from what I have seen, some cryptos have increased x and even x in value. So whilst the potential to lose 10K is there, the possibility of making significant gains is also possible. I see there is a question.
Note I got your other email via contact form. You can go long long term — a year or more , mid months , short weeks , very short day trading — per hour or days. You certainly can take a scattershot approach and put SOME money into some long shot bets. If you as you say put dollars into cryptos, some of those will certainly pay off. Not all of the will though, so you are hedging your bets that a portion of those may really explode. If you were to say find the next NEO, dollars would yield you thousands and more than pay off the entire investment.
However, these are LONG shots. There are over a thousand coins out there, so even picking may not yeild any real fruit. Keep in mind that you are distributing the 10, between coins. Many of those will be failures. You are hoping that say your 10, will yield you with a few lucky breaks a few coins that will have such a return that that dollars will earn more than 10, or a chunk of it.
However, if you take that 10, though and put it into a coin that is on tract to go up 2x,3x,5x, 10x, or x, you will earn FAR more. Putting 10, into a coin that over 1 year goes 10x, will likely make you a lot more money than putting 10, into coins at dollars per coin. Now, you can take the scattershot approach, but a bit more focused. Rather than distribute that 10, into say coins, I would put that 10, into 2 or 3 coins, or even 1 coin, IF the metrics add up.
A coin that say has a 5 million dollar market cap has a LOT more room to grow and go many times higher 2x,3x,10x,x, x etc than a coin that has a current 5 billion dollar market cap. This is less likely to happen than say a newer coin going from 5 million market cap to million market cap, which would be 20x return. The best way to pick a coin with a lot of room to grow is to get a BRAND new coin — one that just came out of the ICO initial coin offering and hit the market.
OR even better, a coin you get in an ICO. This means the coin is about as cheap as you will ever get it, so there is a lot of room for growth. And if you are lucky, the coin could do 4x,10x,x, or something more. You could earn far more than just putting this into coins that are on the market. I would bet big and try to take advantage of the red hot crypto market which could change over the next few months for the worse right now.
I may write a proper guide on how to make ludicrous money with crypto and give a few strategies that work for me. Thanks for such a solid response Ben, that definitely helped me to gain a better perspective about picking cryptos.
Please please please do write the guide on crypto trading. I have already learnt SO much from you, but I know there is a ton more to learn about this new and exciting area. Another question I had. Any particular reason for this? Do you only use Bittrex then, or any other exchanges as well? Poloniex has the worst support in the world.
People have and still waited weeks to months to get a response to their tickets. I feel Poloniex is probably on the verge of insolvency and stealing from their customers to make bets.
Keeping money there is at risk of the exchange going down or the people behind it who are anonymous doing a runner. Many Chinese people lost their shirts with fake coins and straight out complete scams. There was need of ICO regulation. The whole slump only happened for 2 days. Chinese coins have not yet fully recovered as I write this, NEO came back to about 30 bucks. However, a better deal in my opinion is OMG. I made hundreds of thousands of dollars on that investment.
If you want to make filthy money in years, put as much money as you can and steal or rob for the rest: Ok, I have taken a loan out against my house, put myself up for sale on eBay.. Kyber is the hot one, but you have not chance at getting into the ICO. You would have had to sign up for the whitelist weeks ago to even participate.
The ICO only goes to the whitelisted members, first with a set cap of ETH each person for the first day, then the tiny remainder in a free for all uncapped grap of which only the whitlisted members can participate.
Enigma had a lot of hype I was doing this in a presale , but they kind of fucked their community over by raising their market cap a few days before the ICO. A lot of hate. I was going to bail on it anyways or sell the presale to someone else, so no loss. YOU can sign up for the whitelist now to get a spot for sure and get your coins. Unikoin Gold — think this will do well, especially over the longer term.
Esports betting and backed by celebrity hype. Not sure if there is a whitelist. Wanchain — big, think ripple of china. ICO was delayed till next month due to the china thing though.
Maybe a whitelist, wiating on this. White list registrations closed down already though. Chainlink — a big one that was also delayed. Think this is going to be big.
Might be able to sign up for a whitelist, though you may be too late. Hey Ben, thanks for this valuable info. What about the kin token, do you have any thoughts on that? I prefer token supply between 7 million which is small but it means the price per coin can shoot up fast as lower supply means a higher token price and million. Kin has something crazy though for the supply of coins. You can still make money of course regardless of supply market cap is the most important with the smaller market cap coming out of the ICO meaning the more room you have to do some multipliers , but most of the best returns seem to be between 10 to million supply tokens.
The market right now is a bit in turmoil due to a steady stream of bad news from China which has made things swing up and down mostly down. I think you may be able to sign up for whitelists maybe for these. If Centra can get good videos of real users using the cards before the ICO and release some solid hype-building info, it may do well right out of the gate. When one of them does well like OMG or Tenx or MOnaco , it makes investors eager to look for something similar that may also do the same.
So I can see a lot of investors jumping into Centra, especially if the card is released in the USA as promised and videos get out from users.
So the market is still open for a better competitor to come out with a bang and steal the market. Sorry, I had one more question. When you buy altcoins, do you store them on the exchange or move them to cold storage? From what I have read, I can see that you can store Bitcoin, Ethereum, Litecoin and a few others on cold storage devices. But what about other altcoins? I can see that you hold more than half a million dollars worth of BQX. Do you just leave that on Bittrex? Gox and other exchanges encountered?
Buy a Nano Ledger S. You can store Bitcoin, Ethereum, and Ethereum-based tokens which is now, most of the coins out there on it. A hardware wallet is a MUST and the safest way to hold your coins. Hey Ben, I am new to this wallet thing. If I have money on exchanges, does it charge fee to move it to my cold storage?
Also, how does Binance exchange, Nano S and my etherwallet work together? Also, I hear that Nano S only support 5 coins. Only the fee for sending the crypto ammount which is what you would pay anyways. Not MEW or anyone else. If your key is compromised, so is your wallet. The keys are in the open though and completely relient on you storing them and protecting them. You can lose them, have a virus steal them, log into a bad website and get malware that can then steal your key, get tricked by fake MEW websites into puttin in your key, etc.
The ledger has your private keys stored on the device, secured on the device. So your key is safe. The nano itself has wallet apps that store non-eth tokens like ripple, stratis, dash, ltc, btc. But if you want to store ethereum tokens, you have to use the MEW and the ledger. Hello, first i want to thank you for your time telling us this information to us!
Maybe you can help me and also other people by sharing easiest way to earn atleast dollars a month. Because i tried a lot of things and faild every one of them by far… and i just need to believe in online money making first to make some big figures that you are tallking about. I think a lot of people is feeling this way.
So maybe some quick tips? Thank you, we love you! Thanks for the comment. Hey Ben, its been a couple months since I read and commented on this article. Have you been able to make any more millions? Wow, what a fantastic article. You give so much value. The best part is that you are so specific. No general fluff talk, no you name the coins that you are investing and why they are a good investment.
I would really like if you continue to write about cryptos. Please continue writing about cryptos and teach us how we can select a winning coin. If we could create a checklist for investing in cryptos, that would be fantastic.
Criteria Assessment Team is it famous, etc. Another interesing point is where to get the ideas for upcoming ICOs. Where did you find your next ideas for investing? Once again, thanks a lot for the fanatic article. This is inspiring and educational at the same time. This is the kind of article that I love the most. I had a question — I want to buy Cryptocurrency and keep it for one or two years —? Which are you proposing for profit? Almost all of them are pie-in-the-sky fantasy dreams with no hope of actually working.
I do suspect that once the market fervor settles down and people begin to realize that most of the so called projects that have raised ridiculous millions with nothing tangible produced, there will be a significant correction.
Currently, bitcoin does something like under 5 transactions per second. Etherum does between 10 to 15 transactions per second. Any significant load on the system pretty much collapses the speed. Any real world use of a blockchain would require thousands of transactions per second. There is NO WAY any blockchain solution can be used in the real world by real users without a blockchain platform increasing transaction speeds by an order of magnitude.
There are proposed solutions. Ethereum is going to implement Plasma or Sharding to scale transactions, but this is between 3 to 5 years away.
There are other tech such as Raiden which are opting to use side chains bring transactions off the blockchain but use the blockchain to verify the transactions. However, one blockchain has already, in part, solved the scalability problem by implementing Sharding years ahead of any other chain. This is Zilliqa Zilliqa. Another problem with blockchain is there are so many of them and the values of each are sealed on little blockchain islands, unable to communicate with each other.
This is like how it was before the internet when there were just clusters of private networks unable to communicate. The next generation of blockchain 3rd gen is interoperability — the internet of blockchains. That is a blockchain that functions as a protocal that allows all blockchains to talk to each other. Think of this — you can send a bitcoin transaction which will then talk to ethereum which will then talk to neo, and so on.
Value and information can transfer between chains. There are a few projects dealing with this, but we are 2 years away: So back to your question — for the long term, you need a crypto that looks to be solving something REAL, not some stupid promise or ERC20 tolken that has no purpose. Please remember that pigs get rich and hogs get slaughtered. Please take some profits and diversify into precious metals and income-producing real estate. Having all of your eggs in one basket is a recipe for disaster.
Hi Ben , Thank you for sharing this. I would like to ask a different and more realistic question. As we know in every market in order for sellers to exist there must also exist buyers and vice versa. Will I be able to convert my crypto into dollars without any restriction or problem?
Will there always be a buyer for my cryptos? Or If I was left behind, there would be no way no convert them, so I should just stick with them and take me wherever it wants to? What your thoughts would be and what your next move would be? I would love to read your thoughts. I hope my point was clear.
Of course you are hoping Tether, which is backed by Bitfinex, does not evaporate. However, this means you need to likely verify your account with the exchanges to prove your identity and show you are not doing anything shady. These days, it can be rigorous. You will have to show your passport, a selfie holding your ID, utility bills showing your address. And in some cases especially if you are using an exchange to buy bitcoin with money you transfer via wire from your bank , you may need to explain WHERE your money comes from and show prove of it via paystubs, tax statements, etc.
In terms of cryptos failing — anything is possible. However, it could crash down in value quite a bit, depending. They been working in silence and growing well with no marketing at all. I feel like this could be a x — x ROI for the next years. Cryptocurrencies are so interesting… Thanks for this article. How would you invest if you were a college student and had less than 1k to invest with?
The most optimal way to capitalise fast with such small budget to reinvest after? Thanks and I wish you all the best for Your best bet with a low sum is to look at an ALT coin that is likely to give a good multiple. This is a great return, but you can get exponentially better returns putting it into a crypto that goes 10x,20x,30x,50x,x, etc. This can give you staggeringly good returns as you get the coin the cheapest price.
Ben, what do you think about IOTA coin? Would it be worth to invest in your opinion? I think I will write some articles about how to guide your investment strategy. I believe you should invest based on technology themes. That is, you want to choose a crypto early on that is doing something disruptive in the crypto space. These are usually blockchain platforms or protocals. IOTA is one such tech that aims to provide an alternative to blockchain.
I personally love investing in 2. I need to write some articles to talk about this. But blockchain has some fundamental problems right now that MUST be solved before blockchain can actually be used for real world applications in the mainstream. They could never handle the transactions per second that any real-world application with more than a few thousand people would require.
There are some interesting cryptocurrencies that are trying to solve the scalability problem. The crypto that solves this first could become a huge player in the space. Ethereum and Bitcoin are trying to but they are years away likely. That is before there was a protocol that allowed small networks and clusters of computers scattered across the world usually at universities to communicate. Positioning yourself early here by investing in new blockchain projects that are trying to solve this could make you rich in time as these blockchains, if they succeed, would be essential the entire crypto space and would be valued in the billions.
This is vital and we need a solution. I would classify this as a 4 on my little list. They are years away from doing anything practical yet, to be honest, but the hype here is real with this coin.
I myself have something like 12, IOTA coins right now. Came across your article and all the comments and replies. Truly invaluable and going to read this more than once. This to me looks good and could be worth a good amount if getting them cheap enough at this moment about.
Electroneum — there is no real use for this coin. Can you make some money on it based on the crypto mania and stupid money pouring in? So no, I would never invest in this. Put into real projects that solve or attempt to solve real problems. I personally only invest into blockchains, either as infrastructures platform blockchains that run applications or protocols.
Hey i had a question about cashing out your profits. If you were to do so what would be your preferred method? Depositing anything over 10k will raise red flags and any recurring deposits into your bank account will be seen as structuring. Is there a way you can sustain your wealth in fiat so you can use it in practical everyday life without giving half of it away to the IRS or are you just planning on keeping the crypto and hoping it becomes a currency to be applied to purchases in everyday life?
I keep all crypto at this point. Or you can use localbitcoins. Or you can set up a proper offshore structure by incorporating in a no capital gains tax country such as Hong Kong or Belize and setting an offshore account in one of these countries.
You may even want to consider moving to live in one of these countries to free yourself from having to pay any personal taxes. See my How to Pay No Tax article for more info. Sounds like they have almost solved Etherium scalability issues and this is going to be big.
Raiden is a promising project that promises to solve the transaction speed problem with Ethereum. However there ae a lot of whales that control the coin right now and tend to dump it. The project is also years away from actually implementing their platform, so this one is a long hold. The project is already x ICO price, but I expect it could go 3 to 10x more than it is, in time. I know you are not offering advice but I would love to know if you are willing to share knowing I am doing my own due diligence before I invest in anything.
There are a number of ICO shillers on youtube who love to pump and dump to their flock. There are various facebook groups, slacks groups, and websites. Consort with some of these and filter your picks or come up with an investment strategy and choose based off this. I recently made a few million on ICON, for example.
I also believe you are responsible to do your own research and figure out the winners on your own merit and not rely on other people to hand it out to you and in crypto, you can bet these people are usually not being honest.
Cardano is a very good coin, one that seeks to dethrone Ethereum in time. However, Cardano, hype aside Korea pumped the shit out of it from mill to 12 billion market cap , Cardano is years away from delivering much of anything. Can it pump higher based on this?
If they do what they promise, it could really be a rival to ethereum. But you are looking at a long term hold. This is going to be massive over I can see it reaching 15 to 50 billion by the end of , making a go for the top 5 spot. Ben, Thx for your reply. I want people to do their own work here not get handed out easy win picks.
You need to struggle a bit here. Sit on it for 6 months to 1 year. It is destined to be a top 5 coin within 12 months and I predict the market cap will be anywhere between 20 to billion by the end of This will be hitting exchanges in 2 weeks, but sell your house and get your buy orders in and hope you can get it cheap at x ETH ICO price.
Huge returns here with a working platform already that solves one of the biggest problems with blockchain and ethereum by offering a scaling solution right now. I expect this to be a top 20 coin very soon after coming out. Get in early as soon as it hit the exchanges. These are some very very good picks to buy and hold for 6 month to a year.
Short of a complete market collapse within that period of time, you do very well buying huge amounts of these and holding. You got the percentage wrong. Really good article BTW, great read for someone starting out. Happy holidays and new year, hope to see more like this.
Ben, what websites do you get you news or research about cyptocurrencies?.. I am asking because I am amazed about how you know what the coins are used for. If you want to be successful with Crypto, you need to live it and breathe it. Just randomly tossing your money into a coin especially a low cap coin or even worse, an ICO is a recipe for disaster.
For example, Blockchain Platforms always give out far better returns than do the hord of dApp coins, most of which are years away from being realized in the marketplace. Because these are the foundation on which dApps can be built and the infrastructure projects are still in flux and being created to support workable dApps. People are betting big on the winning blockchains that will emerge over the next 5 years — and to the winner will go all the spoils of marketcap.
A recent example was ICON. I knew from connections and research that this would be a huge hit, months ago and I positioned myself in a presale with a fairly big buy at that time. And that single move has made me at least 3 million USD, and likely to be worth 10 mill to 30 million over the next 3 months to 6 months.
Then you become wealthy. Merry Christmas and thanks for all the information and advice! You mention doing due diligence which I want to do and I was just wondering what specifically will tell you when a coin is or is not a blockchain or protocol not sure what that is exactly.
Do they tell you outright or is there some special sign? Thanks again, Happy Holidays! You have to read the whitepaper and find out what the coin is about. I saved about thousand over the last 10 years and I think it is promising too. This is most of my savings so I just was wondering how sure you are about this coin. Thank you so much. I also hold over 3 million USD of it so I will be biased here. As cryptocurrenciess go, there are few stronger and with more potentential than ICON right now.
Their mainnet goes live end of January which will explode the price up. It will be a divine mandate to buy their own cryptocurrency. And they have a slew of announcements and big partnerships coming up, likely to go public right around the mainnet launch end of jan. I can easily see the price hitting USD over the next couple months and by end of Thank you so much for your input Ben. But I read everythingl including each one of the questions and your responses..
I really appreciate people like you taking the time and dedicating yourself to well thought out thourough answers.. Im already heavily invest with great returns not quite at your level — YET! Do you discard coins that are on extremely weird exhcanges? These kinds of things if any.. From this I can go one and find my own future winners..
Glad you like the content. These questions have to be answered with a proper post, not in the comment section. You want to look at similar cryptos already out to see what market cap those are. Beyond this, you then need to get a feel for the hype behind the coin. If you get a coin early enough, the community and hype may just be building.
More risk, but more reward. I believe in finding the potential big hype coins way early before anyone talks about them. You want to be on the train early, not running to catch up after it leaves, which describes most new crypto investors. You also need to look at the market trends and crypto in general and make your investment into cryptos based on how you think things will be going you can read trends by looking to see what specific kinds of coins have been rocketing the past few months, for example.
You also need to look at blockchain tech itself and see what fundemental problems that need to be solved before it can be a useful in the main stream world, then place your long term bets on the best coins that attempt to solve these problems because they MUST be solved for mainstream adoption of blockchain tech.
And you have to devote most of your time to living and breathing crypto to develope the instincts for feeling what may take off. A sort of second sense you can follow that turns out right more than it is wrong.
I need to write a full article on some of this stuff as I keep getting these questions. Love reading your posts. Very helpful and informative. What is on your opinion on XPR ripple? I have some of those, I bought at 19 cents. The founders also own like 60 percent of all the tokens. Having said that, it probably will hit 4 to 10 dollars by the end of this year.
What website or resouces you recommend to use to research what ICOs to invest? Any suggestions on what could be potentially good ICOs that is worth looking into? You can either become a millionaire or lose everything. And likely, both may happen if you do enough of them. However, for me they represent the most opportunity right now. You need to do the work to be in early when you locate one with this sort of potential and bet big on it, even if it means your savings.
This is how you get rich. If you do what the crowd does, you will generally lose as it will be too late. You need to be in early. I would look into those. Maybe on this site or another site of mine that focuses on crypto.
I cant find any information on Trinity expect for the article claiming that it was a scam lol Unless that was a different project. There is no ICO right now, just the presale collecting money. Not sure when the ICO drops a week or 2? Probably will close out during presale.
This would be the one: Totally amazed for the kind of insight you provided to the beginners like me. Especially when your article predicted around Aug 17 that all these values are gonna up 2X,3X,4X etc. No wonder your investments skyrocketed as you predicted…. You are an inspiration to us!
Mr Ben what do you think about Tron? I have put dollars into it and am shaking everyday about it maybe failing? Please tell me what you think? I tried to get into the ICO months ago but failed. Likely in this market it will keep going up.
Good team and strong leader. However, I would not keep all my assets in tron. Lamden ICO is over as of today, I was able to get some at crowdsale. Dadi is still coming up. Dadi will moon hard. I should have done the presale, but did not.
I heard it sold out. Lamden is getting a lot of hype, worth putting in. But on the hype alone, in this market, I would say yes. Are you sure about that? I just registered myself for presale of Dadi which starts January 22nd. Or am I missing something? Ben, also from my side much appreciation for sharing all this info — its absolutely awesome that you do it so generously.
Dadi is a pure scam. It also looks like they have a history of creating and burning companies. I never bothered to do the presale or get a whitelist myself.
Ben, glad that I asked this here. These guys were looking so professional with all the long whitepapers and extensive github repo. The discussion above was for me a red flag tho. I read the tweets — astonishing, how they straight out scam people.
Another hint why one needs to be wary in this space. Yea, I heard about Dadi a while and because Bluzelle is getting hype, I knew Dadi would probably do well, regardless of how solid the team was. Which will have regulation come down sooner than later. Presale for the 22nd is over, Public sale for the 29th is still on. But as Ben said they got caught! Yea, fuck those guys. They should be in jail.
They said one of them was sold to the Publicis group, and the others were dormant companies created to protect potential brands. That was Dadi CEO response. And they said they are all searchable and a matter of public record and those companies did not trade. I dont know, seems scammy, huh Ben? Read the twitter Ben posted. They did look super professinal before they were exposed. The number of red flags is through the roof. Trusting people dishonest in one regard and thinking that they will be honest in other is dangerously naive.
There are legit projects to invest in that you can find. Why dump money into a shit scammy project that will crash and burn when the market turns. Invest in projects that can stay around , regardless of the market. Think long term, not short term. Ben, what are the legit projects though? I spend hours every day to research, I am on multiple channels on telegram, twitter, fb, icobench, etc. Ontology is the one that seems like still is coming up and MoxyOne and Hirematch.
Not sure about Hirematch though as are we really ready for that. Best you can do is buy asap the second they drop into the exchanges. Best you can do is to get some ammo to participate in presale if you can get 50kk together, or see if you can join some exclusive pool group but be careful, some steal your money.
Hey Ben, have you heard about Neuromation? Basically, the idea is to provide synthetic AI data sets as a service that can be used in various industries. What do you think about those AI platforms? Public sale starts Jan 7th. I think on a practical level of adoption and actual use case, pie in the sky. To even be practical, blockchain tech needs to solve 1 scalability and 2 interoperability. Both solutions are several years away.
However, Ai is hot with the hype crowd and there is a lot of dumb money that throws into impossible to achieve ideas.
I also see the upcoming Zilliqa, Wanchain, and possibly POA fitting this hold strong coins for long term. I may create a telegram or slack group for this blog. Seems everyone wants to discuss crypto. Telegram would be awesome! I am on many of those, and it is super helpful to chat with crypto people! From ones you mentioned, what is BCT? BTC is the king, but seem as having fees and speed issues.
LTC, I thought is a good solid coin but seems like lately it is losing its spot. And now, I believe , LTC is lacking good support and marketing. LTC is stable and likely to go up to But if bitcoin gets the lightning network deployed i. Privacy and cryptos attempting to offer this is going to be a big theme this year in the crypto space.
Monero is one of the only currencies that is safe from government prying. Those fleeing taxation will be stocking up on Monero. Hi Ben, how soon do you see decent return on your ICO investments? This depends on the market completely. After though, things could change for the worse. I am definitely not banking on the ICO train lasting for long — it will end and when it does, it will be brutal for some.
I have read your article a few times. You have mentioned a few coins: Do you still feel those are solid coins with potentially good growth to invest at this point? Is that the truth? Also, IOTA seems like a good coin, but the supply of it is so much. Also, what do you think about REQ?
Thank you so much!!! Honestly, the market is in a mega bull run right now. Every single coin, from shit to good is getting pumped.
You could throw money into 10 coins on random and probably make 2x-3x by next month. So things like fundamentals and logic are thrown out the window. This is even more so the case when hype is involved. The companies built using the token may have some value, but the token itself, no.
When will this be? A few weeks, few months. I think there is a lot of demand for cryto with people trying to get into it, so it may continue yet for a while. Most of these shitcoins mooning will be worth nothing, as they should be. NEO has a lot going for it and is way undervalued. Likely to be a top 5 coin by end of , as it should be. They rose in value based on smart marketing and hype and the parent company, but outside of this, have nothing to show yet. So yes, I like OMG, but more for a mid to long term hold 4 months to 1 year.
IOTA has the hype and I expect it will shoot up more and more. The tech though and the guys delivering something working any time soon that will and can actually be used is years away though.
But in this market hype is enough. More room to give big multiples. REQ has some strong backing in Silicon valley. I see these guys as kind of like a paypal version of crypto. Make your own mind up and DYO research. My GOAL here is to enable self sufficency. Give you guys the tools to make your own good decisions and not to make those decisions for you. But dont just quit on sharing your experience and thoughts at this time when things are on hype.
Your thoughts help me alot on channelizing my own research with confidence rather than roaming around in dark. I do my own research and follow slack, reditt , telegram groups and facebook as you suggested in your previous comment and i visit your site everyday for guidance.
Years of your work experience is easy said than done. Hope you understand my point.. I have indeed learnt a lot from your advice —if I may call them so, because they are indeed invaluable advice to me— which now I am applying. May I wish you very best for the new year and tremendous success in all your endeavors. The real benefit would be to build up as an influencer in the space which could have a lot of advantages in terms of making connections.
But in terms of making money, it would be nothing compared to cryto. Invest in good projects you believe in get in early as possible and hold. Then hold and profit in a year. If you are the trigger happy kind of investor who panic sells at every dip, then you should not be doing crypto or you will lose. You get used to it after a while and it bounces back up eventually, always higher. Dear Ben, I fudged it!!! My other will be in coinbase by wed US time. Ah well, better late than never right?
The worst thing about this is.. Learning quickly though, must have iron hands to hold and I just gotta eat my losses at this point although it is alot of money to me. I will make well on my promise and still give you part of my earnings if your prediction holds strong. I just wish I had gotten in sooner took forever to get the money into coinbase. ICX is a solid hold. REQ is also good. If you buy high, just hold.
If you ever do buy, try to BTFD buy the fucking dip. Like last night for example. Or buying in an ICO at the cheapest price which means you are always at profit in time. On another note, what do you think about the coin you mentioned but not on exchanges yet that will run with the trifecto ecosystem?
Do you think that is the path? You can play the market two ways: With some Bitcoin, you can trade into and out of every other cryptocurrency on the market, on every crypto exchange. The safest, most popular place to purchase Bitcoin is coinbase. There are other exchanges: Gox scandal might ring a bell. I find it very encouraging that most of these shady exchanges have been terminated and their CEOs have been doxxed and sued to hell.
Crypto exchanges and businesses are being talked about on twitter. Check in on twitter and crypto forums daily, follow hash tags, see what people are talking about. Information is power, news is power, and rumors are opportunities! This search phrase will lead you to the bitcointalk. An official announcement thread of a coin will show you important information: Total coin supply, technical details, development plans, mission statement, community speculation, and a lot more.
Additionally, Twitter is a great resource not just for news, but tracking down web pages and other forums related to a cryptocoin. Sometimes it is better to focus on accumulating good coins rather than making more Bitcoin, because a good coin will always rise again. But what is cryptocurrency?
First buy some Bitcoin.