Thread: Misc Cryptocurrency
View Single Post
Old 11-12-2017, 04:02 PM   #39
Ming the Merciless Ming the Merciless is offline
Emporer of Mongo
 
Ming the Merciless's Avatar
 

Join Date: Apr 2010
Location: Milky Way
Casino cash: $2507556
I think another thing you are not looking at is valuation....even if we accept that bitcoin is the most stable and least risky of all of the coins, the price is still very high...Ethereum being the second most popular coin with a 30 billion dollar market cap....you can at this moment buy 20 ether coins for the price of 1 bitcoin.....or say 100 ether vs 5 bitcoin. Which will grow more/faster? I am going to guess ether at these prices..(IOW I probably would not rathe BTC as 'buy' at these prices)..but as I said before your best /safest bet would be to buy 50 ether and 2.5 bitcoin....print them out and put them away in a safe deposit box.


For the record, I am putting my money where my mouth is. I recently bought some ether tokens to hold long term.....which are even more risky than actual ether.
__________________
----
2018 Adopt-A-Chief : Chris Conley

2017 Adopt-A-Chief : FRANK ZOMBO

Click here-->***The Holy Chiefsplanet Lexicon ****
Posts: 44,496
Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.Ming the Merciless is obviously part of the inner Circle.
    Reply With Quote