Cryptocurrency

[KCBrewerfan34]

we should have a thread about this shouldn't we?

 

 

Believe or don't believe

 

 

I feel this is going to be a big year for selected cryptos. You have to be able to handle the swings. These aren't stocks.

[homer]

All about blockchain. The coins are a crapshoot.

[KCBrewerfan34]

Homer welcome to the thread, I’m happy to answer Crypto questions if anyone has any. I suggest you take some time and read up on this subject. Also, follow crypto posters on Twitter.

 

 

Good luck!!

[owbc]

The NY Times magazine article from last week helped me understand several aspects of the blockchain that I didn't understand before...as a whole it made me more of a believer and a skeptic at the same time.

 

The problem is where to put an investment...it's like the 90's dot-com era when there were undoubtedly be some huge winners but 95% of these cryptocurrencies will be worthless. Buying tokens doesn't really equate to investing in the blockchain and the tokens that eventually win out might not exist yet.

[KCBrewerfan34]

The NY Times magazine article from last week helped me understand several aspects of the blockchain that I didn't understand before...as a whole it made me more of a believer and a skeptic at the same time.

 

The problem is where to put an investment...it's like the 90's dot-com era when there were undoubtedly be some huge winners but 95% of these cryptocurrencies will be worthless. Buying tokens doesn't really equate to investing in the blockchain and the tokens that eventually win out might not exist yet.

 

 

Ethereum= Blockchain (most popular blockchain play I believe)

 

Xrp = Commonly referred to the "bank coin". Google Ripple and checkout their solution. Its real.

 

Many Altcoins out there, definite crapshoot do your homework

[logan82]

Driving up the prices on GPUs over the last month. Way up. It's crazy to see a $250 GPU go for $500 and a $400 GPU go for $800.

[McRibMcLove]

Can’t wait until the Fed puts an end to these scams...

[KCBrewerfan34]

Crypto has been around for years and years why would they "put an end to it" ?

 

Wall Street and financial guys sure aren't happy about the billions and billions flowing into crypto, thats for sure.

[nate82]

Can’t wait until the Fed puts an end to these scams...

 

Not sure how cryptocurrency is a scam anymore than any other fiat currency would be.

[GoudaBrew]

I've been reading up some on Crypto and the thought of throwing down a couple hundred bucks and hoping to hit the lotto is pretty alluring. I’m most interested in coins that have a relatively low coin circulation (less than 100-150 million), have a reasonably low price, and appear to have a novel concept in some way. If I can figure out how to actually buy some, the currency I like is Ark.

What are others strategies? Any advice to a newbie?

[tdcarney22]

Here's my current Crypto-Folio. Thoughts on the coins? advice? I like to consistently invest, but smaller amounts as I'm a simple blue collar man looking to increase the value.

 

3,000+ ADA/Cardano Coins

500 APPC/AppCoins

 

Looking to next invest in possibly XRP, XVG? maybe a few others pending some advice others give me. Please feel free to drop any advice, i'm more than open to it. I'd prefer it that if you have anything negative to say about my investing, keep it to yourself, it is MY money after all!

[KCBrewerfan34]

I like ADA and XRP ALOT

 

Verge and Tron i would shy away from. (IMHO)

[KCBrewerfan34]

I've been reading up some on Crypto and the thought of throwing down a couple hundred bucks and hoping to hit the lotto is pretty alluring. I’m most interested in coins that have a relatively low coin circulation (less than 100-150 million), have a reasonably low price, and appear to have a novel concept in some way. If I can figure out how to actually buy some, the currency I like is Ark.

What are others strategies? Any advice to a newbie?

 

 

I agree with this strategy as well but try to look at the coin you select and look for use. Some of these coins don't even have platforms yet and are only on white paper.

 

Its an amazing vertical if you have the stomach to handle the swings. I rode XRP from 90 cents to $3.28 back down to 70 cents and now its at $1.10. This all happened since 12/22/17. Invest in this instead of going to the casino