Discussion in 'Yellow Pages' started by Cassetti's Beard, Jun 2, 2016.
This sounds like Moose or Clive in full on revolution mode.
Agree with this. I'm trying to learn to trade properly, but it's very difficult. I'm also stuck with a lot of coins which are at the bottom of their value, so it's hard to make any call to sell, even if I think they might go lower. It's too risky.
Like you, however, what little I've got locked up in Crypto right now, is staying put.
Some things I'm doing in the meantime, whilst I wait a year or so:
1. Staking - some of my coins are POS, so they are just sitting, accumulating. Although the value of the coins is down, the numbers are up, so if we hit a bull market, I've got more skin in the game.
2. Celcius Network - If you've not looked, they are paying 7% interest on Eth (about 5% on BTC). It's a solid model and pays a decent ROI, compared to standard investment instruments. Of course, you're staking crypto and earning in crypto, so if the crypto market continues to plummet, you're losing out.
3. Airdrops. When I go for a poo in the mornings, I sign up to one or 2 airdrops each day. Most of these are next to worthless, eg. the ICO value of the coins was $10 but once paid out and on exchanges, they're valued at $0.04 or something. It's a scattergun approach, but hopefully one of them will strike it lucky. Overall, I'm hoping to get 1 full eth of free shitcoins. If that comes off, that will be a nice freebie.
I sold all mine at £160 each in the end. Wish I'd sold in Jan last year, but at least didn't wait until now. Ah well, ended up way up overall. Half keep an eye on stuff still (and kept a couple of eth "just in case" everything moons again) but doubt i'll be investing for a while!
Realistically has the concept of Crypto Currency technology finally had it's day?
Potential problem is if BTC didn't really make it in the end, what chance has any other ICO?
I don't think so, it still has plenty of real-world uses that will help shape the future of the world. But for making some quick money out of, I'm skeptical that it will hit the heights of last year.
As I've said throughout - as with the DotCom bubble, there will be a host of Lycos and Ask Jeeves type failures and around them, some mighty oaks of Google and Amazon proportions will emerge.
Holochain has been on a fun ride this past couple of weeks, eh Reids? Are you still holding that?
I do still have my Holo but I don't really keep an eye on the price...oh **** almost 50% profit from when I bought. Maybe I was wrong about that quick buck!
when you crypto people talk about making money/50% etc, are you only thinking of crypto money or can you sell and take the profit in old fashioned £SD
You can cash out at anytime for £ in your bank account