Ripple wallet FYI

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by Sythe, Mar 19, 2017.

Ripple wallet FYI
  1. Unread #21 - Mar 23, 2017 at 3:49 PM
  2. Sythe
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    Ripple wallet FYI

    Not enough, like 5. I had $1000 in mtgox when btc was $5 and I didn't buy because I expected they would bubble and run back to $2 lol. I ended up buying a dozen at $200 a while later.

    To be fair crypto was completely new at the time and even satoshi commented they would either be worth a lot or nothing.

    But you learn from your mistakes.

    Other mistakes I made were investing in garbage alt coins during their hype in 13/14. Litecoin and peercoin never went anywhere. The vast majority of these alt coins will die. Adoption is key. If no one is adopting the coin for actual use it's a bubble. If the coin is a clone of another coin, it's a bubble. The market is large enough for perhaps two or three consumer coins and one or two enterprise coins. Pick your winners carefully.
     
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