Rising? It's down 11% in an hour. Sure it's slightly green over 24 hours on cryptopia, but...
By "rising" I mean 24 hours. It's holding better than the rest of my alts (mostly because it crashed before this crash).
Rising? It's down 11% in an hour. Sure it's slightly green over 24 hours on cryptopia, but...
Bought litecoin at 279. It's now 192 and free falling. Good to see my first entry into the game is right when the bubble burst
You're not alone. I put a $100 into what turned out to be the ATH for Etherium (~1765). Sold off a little bit this morning (at $1420) because it looks like its going to keep on going down and I want to try and swing the bottom out to make a little profit. Will it work... probably not. But its a nice prospect to think of to keep my mind off everything else just collapsing.Bought litecoin at 279. It's now 192 and free falling. Good to see my first entry into the game is right when the bubble burst
Bought litecoin at 279. It's now 192 and free falling. Good to see my first entry into the game is right when the bubble burst
Things will come back up, but once they do, get out of LTC. ETH is a better investment, if you're not on an exchange
Allright I think i'm done speculating for now. Time to HODL for the future.
Time to get my coins of the exchanges. What are good wallets?
Here is my portfolio:
- BTC 25%
- ETH 25%
- VEN 20%
- Audiocoin 20%
- ENJ 10%
I heard ENJ wallet is good? It takes care of the ENJ, BTC and ETH if I understand correctly?
Audiocoin has it's own wallet so that's easy.
Now...where do I store my VEN securely?
I'll just leave this here.....
https://www.reddit.com/r/ADCAudioCo...le_are_talking_about/?st=JCGALMW7&sh=5440239b
So I was just rereading Drifters' earlier post regarding ADC:
And did some exploration on the site using it:
https://www.aurovine.com/audiocoins
I honestly can't see the value of the coin increasing past a few cents, given the actual applications of it as listed and the amounts that are given out for sharing, posting etc. Can somebody explain to me the potential that I'm just not seeing or otherwise explain why the price could potentially go higher, other than a feeling or a hunch or "inside info"?
Cents are $.01A cent is $0.1, right? So a few cents is at least 10x the current price? Not enough potential?
Right now VEN's only storage option is an ether wallet like My Ether Wallet (MEW).
Briefly before the apocalypse, VEN's re-branding completion was to also release a wallet for it that would allow you to profit via token generation, but that was delayed till mid-February, unfortunately.
Is there a reason for this? legit asking, i wanna dip my toes in crypto and LTC seemed like a good option.
Granted, these are my thoughts after only investing since early Dec and reading the markets before that, but:
- LTC isn't a significant departure from BTC to overtake BTC in the future, especially if BTC is improved soon
- LTC's activity over the past month has been lackluster compared to the other big two. ETH was just making a great break, and BTC showed signs of bubbling
- LTC's real value at the moment is in converting fiat into smaller coins for way less fees than BTC
Would love if others pitched in on my thoughts :)
Granted, these are my thoughts after only investing since early Dec and reading the markets before that, but:
- LTC isn't a significant departure from BTC to overtake BTC in the future, especially if BTC is improved soon
- LTC's activity over the past month has been lackluster compared to the other big two. ETH was just making a great break, and BTC showed signs of bubbling
- LTC's real value at the moment is in converting fiat into smaller coins for way less fees than BTC
Would love if others pitched in on my thoughts :)
I've said all along that I don't see the point of LTC. What is its end game? They say it's the silver to BTC's gold (hate that comment), but what does that even mean? Silver has value independently of gold, but what is LTC's value? Other projects make for better currency if that's the goal (cheaper, faster, etc).
And its founder's sale of all his LTC is the final red flag for me.
I think that last point is the big one. Once there are other/better options for converting between coins, then LTC will probably lose a lot of its value.
I've said all along that I don't see the point of LTC. What is its end game? They say it's the silver to BTC's gold (hate that comment), but what does that even mean? Silver has value independently of gold, but what is LTC's value? Other projects make for better currency if that's the goal (cheaper, faster, etc).
And its founder's sale of all his LTC is the final red flag for me.
What are some recommended coins to buy into? Have a $1000 to burn.
Great points! And damn, didn't even know about the creator's sell off D:
Depends on your risk appetite and desire to wait :) I may not respond for a while, but it'd help if you share your goals, I guess (day trades, long holds, willingness to invest in tiny coins)
LTC for me has two things going for it.I've said all along that I don't see the point of LTC. What is its end game? They say it's the silver to BTC's gold (hate that comment), but what does that even mean? Silver has value independently of gold, but what is LTC's value? Other projects make for better currency if that's the goal (cheaper, faster, etc).
And its founder's sale of all his LTC is the final red flag for me.
Agh this group I'm in is just all about these shit coins like Tron and shady ass sites. Not going to say a word.
LOL nope it's even worse...Facebook. Sizeable group of about 500 people. It's like a mainstream coin for people that do zero research and just want to buy something they think is cool. It could shoot back up just based on people like that buying it, who knows. I'm not going near it. If that's the future then crypto is doomed.
Agh this group I'm in is just all about these shit coins like Tron and shady ass sites. Not going to say a word.
Well we can say what we want about some of the coins shilled here but to be fair they're (afaik) still all way up from when they were first mentioned.Let me tell you a story about a site named coinsmarkets and a Yankee shill coin called COLX.
Well we can say what we want about some of the coins shilled here but to be fair they're (afaik) still all way up from when they were first mentioned.
LOL nope it's even worse...Facebook. Sizeable group of about 500 people. It's like a mainstream coin for people that do zero research and just want to buy something they think is cool. It could shoot back up just based on people like that buying it, who knows. I'm not going near it. If that's the future then crypto is doomed.
and 1111 TRX that I'm holding since that seems like it has a good long term plan.
To be fair here on ERA we have XBY which is also a risky bet imo (for different reasons than TRX). You just have to DYOR as they say.Yeah you have to be careful with that crap. Apparently there is a secret group the dumps their crap on all the pump/dump groups. If you are buying because of an easy to get into pump/dump group you are going to get dumped on.
Play it safe, research into what coins are good, try to get in early on it, and hold out until you are comfortable taking your initial investment out. Then hold the rest. If the project is good (eth, LTC, ANS/NEO, XRB) or is a long shot but seems promising (XBY) you have nothing to worry about, just hold until you are ready to take out. If a coin doesn't have a use factor in it that I can understand I don't invest in it.
If you are in a heavy bull market, you can make money on anything. When thing start to fall south is where the good coins get separated, and just hope that you took your initial investment out on some of the more riskier alternatives.
Agh this group I'm in is just all about these shit coins like Tron and shady ass sites. Not going to say a word.
Yeah I'm not talking about coinsmarkets but yeah I have like $30 stuck over there too. All the exchanges suck. I'm talking more about ponzi scheme type sites and stuff like that. People getting into shit they know nothing about and are going to get burned. But hey maybe that's 99% of all of crypto who knows.Sounds like this thread.
(I'm being self-deprecating here, I totally used CoinsMarkets against my better judgment)