Daily Crypto Update

Im holding ETH either way. Id rather lose my money than lose the opportunity to make $.

 

Funniest part is, out of all of the Cryptos I own...only like 5% of it is held in Eth. I only bought like 5 ETH when they were $25 and never put anymore into it....

I am a fan of the smaller Alts, them pump and dump coins hah.

 

I put 12 ETH into a nano and am just investing in it cause im learning about stocks,bonds,funds etc atm. Once Ive exposed myself to a decent amount if information biut it, ill start investing in that and have ETH as a possible boost to my $$$.

Who knows, it could be the next Microsoft. I dont really like BTC but Ethereum seems like a very succesful piece of technology.

10 years from now be like, yeh I got 12 coins of Ethereum Cool right

 

It's great to have speculation. I recognize the possibility of non-activation, but I was simply speaking in terms of generality on the situation.

With miners signaling BIP91, I've yet to see any evidence of a non-support from the miners for activation. This is simply a game theory, which would be hilarious to see miners not signal SegWit for their own motives (that is if it's higher than 50% signaling from miners) to ultimately get orphaned.

The probability of non-activation is significantly less than an activation. I'm betting on the latter!

 

Is it true that ETH has an unlimited anount of ether to mine? Doesnt that mean that it will be less and less in price ?

How does its price go up if that happens.

 

What is Ether That will have a lot of info on their supply and their fundamentals.

ETH doesn't have a hardcap on their supply, so it can be unlimited amount.

The price will be determined by what people see its value as. A coin with a high amount of supply could see a negative correlation with price (supply & demand economic model), but if the coin is in demand enough, then that will help boost the price of the coin in high supply. So, consequently, the price is reflected by investors willingness to buy @ that current price.

I hope that answers your question!

 

Well boys, we survived the weekend with some nice gains...my DGB are back to .02 which is lovely and my SIA has bounced back nicely as well.

 

Damn, I bet you got some heavy bags w/ DGB & SC lol. Been downtrending/accumulating for little while now.

Props to holding. Balls of steel!

 

I got 150,000 SIA when they were .002 and 100,000 DGB at .006, so I feel like I got in pretty early to not have to worry about them crashing to low.

The real loser I had was I bought 50,000 GRC at .01 and it ran all the way up to .11, which I should have sold but I didn't....now they are just .04.

Still a gain, but meh.....Gonna just hold onto them for a bit before selling!

 

The past few days have been good, let's see if we can hold this (or even better if we go up).

 

I sold my ETH. I had the mentality of not missing out. ill get back in when I feel more comfortable with the tech and the price.

 

That's the goal, I feel bad for the people who sold when the prices crashed earlier in the week.....If only they would have held on for a few more days they could have cushioned there losses.

Maybe spread your ETH money into a few different cheaper alts? I have seen much success in the ALT market even if some are just "pump & dumps", if you get in cheap enough the profits will still be hefty!

Good-luck though.

 

Im more into long term- stronger coins.

Place em into a nano s ledger and check after 5-25 years.

 

That's one way to go about it, probably the easiest/best way .

 

Bro in 5-25 years i'd be happy if were alive sell those bags

 

I sold at 232 xD

 

For those that can't see past the short term, want quick profits, gamble with their money day trading, I suggest you read this entertaining/informative article.

Cryptocurrency skeptics warn of another dot-com bubble, but that's where Amazon and Google started

Prices today are insignificant in the grand scheme of crypto. It's during these alpha/beta days that making the proper investment decisions could change the course of one's life. My advice: don't be a fool who is parted with his/her money chasing the next quick pump. If you believe crypto will be the future of web 3.0, global finance, currency, commerce, etc, then the market will be worth trillions. The total market cap of ALL cryptos is worth 1/4 of Facebook. Just keep that in mind.