devils1854 Posted November 29, 2017 Share Posted November 29, 2017 2 hours ago, BayRaider said: I'm on the Ripple bullrun as well right now. Have $250 at 18 cents and 25 cents. Think it's gonna bullrun all the way to 45 cents soon before we see a price correction. Not investing in Bitcoin atm cause I think we will see a price correction shortly. Back down to 8k and possibly even as low as 6500. Bitcoin will see another bullrun to see 20-25k over the next year but 10k is a really bad price to buy in. More of a panic buy in price. Give me the info on Ripple. I just put my first money in on Eretheum. Looking for some more to diversify. Quote Link to comment Share on other sites More sharing options...
Knowledge Posted November 29, 2017 Share Posted November 29, 2017 (edited) Cardano (ada) is another decent alt coin with potential. Jumped from .04 to .15 in 2 days Edited November 29, 2017 by Knowledge Quote Link to comment Share on other sites More sharing options...
incognito_man Posted November 29, 2017 Share Posted November 29, 2017 3 hours ago, BayRaider said: I'm on the Ripple bullrun as well right now. Have $250 at 18 cents and 25 cents. Think it's gonna bullrun all the way to 45 cents soon before we see a price correction. Not investing in Bitcoin atm cause I think we will see a price correction shortly. Back down to 8k and possibly even as low as 6500. Bitcoin will see another bullrun to see 20-25k over the next year but 10k is a really bad price to buy in. More of a panic buy in price. lol you think bitcoin will go up to 25k in a year, but is a bad buy at 10k... ok, guy 1 Quote Link to comment Share on other sites More sharing options...
incognito_man Posted November 29, 2017 Share Posted November 29, 2017 the best advise you'll see in this thread: only use play money to stick into crypto. i.e. that money you would OTHERWISE have spent on useless throwaway crap like video games or something (note: OTHERWISE, not IN ADDITION TO). This crypto-mania is 100% speculation right now, 99.999% of people (including 100% in this thread) have no idea what they're are talking about regarding this stuff. I have some fun money in on this because it's entertainment. It is NOT investing. It is entertainment. Don't get confused by this. Don't put more money into this than you would on some other useless thing that would entertain you for a month or two and then be gone. 2 Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 29, 2017 Author Share Posted November 29, 2017 1 hour ago, incognito_man said: lol you think bitcoin will go up to 25k in a year, but is a bad buy at 10k... ok, guy I'm saying you'd not be getting your full value. Never buy high/price surge. That's common sense and has been pretty accurate in both stocks and cryptos. Quote Link to comment Share on other sites More sharing options...
Heimdallr Posted November 29, 2017 Share Posted November 29, 2017 Your best bet is to buy the altcoins that are still <$1 each, and hope one catches. If you buy something like $200 of Ripple at $0.25 each, if it catches on and hits even $100 you will be sitting on $80k. If it gets to $1,000 you are at almost a million. Worst case scenario it goes nowhere and you lose a couple hundred bucks. Throw a few hundred into a bunch of the leading altcoins and just hope one of them hits it big. Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 29, 2017 Author Share Posted November 29, 2017 (edited) 25 minutes ago, Heimdallr said: Your best bet is to buy the altcoins that are still <$1 each, and hope one catches. If you buy something like $200 of Ripple at $0.25 each, if it catches on and hits even $100 you will be sitting on $80k. If it gets to $1,000 you are at almost a million. Worst case scenario it goes nowhere and you lose a couple hundred bucks. Throw a few hundred into a bunch of the leading altcoins and just hope one of them hits it big. This is my philosophy as well. Throw a 1000 in, hope for x1000 and you have a million. Tonsss of research has to go into it though. Here are the most important factors to consider: 1) Name. Not kidding, name is a huge impact. 2) Product Do they have a working product? Is there a demo? Does it solve a real problem? Don't invest in just an idea.. unless you really really love it and love the team. Which brings me to my next item.. 3) Team Maybe the most important aspect, at least for me. First... are they real? Can you find them online except for LinkedIn? Second.. have they worked on successful projects before and/or worked as a developer of a known company? 4) Website How professional is their website? How good is it? Does it blow you away? 5) Are they active on their Bitcointalk Announcement Thread? 6) Token Amount Whats the total token amount? The bigger supply, the less it will ever be worth. I stick to coins with 120M or less coins (besides Ripple). You also have to factor in how many of these tokens will be sold to the public? If not at least 70%, avoid. I've yet to find a good ICO I want to throw a couple thousand in. It's REALLY hard they meet all six checkboxes. I've missed out on some really really good ones though. Check ICO Bench, ICO Alert, and of course the Bitcointalk forum to see all the Altcoins out right now. Edited November 29, 2017 by BayRaider Quote Link to comment Share on other sites More sharing options...
titansNvolsR#1 Posted November 29, 2017 Share Posted November 29, 2017 3 hours ago, Heimdallr said: Your best bet is to buy the altcoins that are still <$1 each, and hope one catches. If you buy something like $200 of Ripple at $0.25 each, if it catches on and hits even $100 you will be sitting on $80k. If it gets to $1,000 you are at almost a million. Worst case scenario it goes nowhere and you lose a couple hundred bucks. Throw a few hundred into a bunch of the leading altcoins and just hope one of them hits it big. Question. I have plenty of fun money right now. Might put 100 on Ripple. How do you go about selling it back though? Let's say I put money on it and it hits this crazy high, I just choose to sell and someone/company deposits 80k into my bank? Quote Link to comment Share on other sites More sharing options...
Knowledge Posted November 29, 2017 Share Posted November 29, 2017 (edited) 2 hours ago, BayRaider said: This is my philosophy as well. Throw a 1000 in, hope for x1000 and you have a million. Tonsss of research has to go into it though. Here are the most important factors to consider: 1) Name. Not kidding, name is a huge impact. 2) Product Do they have a working product? Is there a demo? Does it solve a real problem? Don't invest in just an idea.. unless you really really love it and love the team. Which brings me to my next item.. 3) Team Maybe the most important aspect, at least for me. First... are they real? Can you find them online except for LinkedIn? Second.. have they worked on successful projects before and/or worked as a developer of a known company? 4) Website How professional is their website? How good is it? Does it blow you away? 5) Are they active on their Bitcointalk Announcement Thread? 6) Token Amount Whats the total token amount? The bigger supply, the less it will ever be worth. I stick to coins with 120M or less coins (besides Ripple). You also have to factor in how many of these tokens will be sold to the public? If not at least 70%, avoid. I've yet to find a good ICO I want to throw a couple thousand in. It's REALLY hard they meet all six checkboxes. I've missed out on some really really good ones though. Check ICO Bench, ICO Alert, and of course the Bitcointalk forum to see all the Altcoins out right now. https://www.cardanohub.org/en/home/ Cardano (ADA) Although it doesn't have the low coin count you prefer The technology is amazing though and one of the best teams Edited November 29, 2017 by Knowledge Quote Link to comment Share on other sites More sharing options...
Knowledge Posted November 29, 2017 Share Posted November 29, 2017 2 minutes ago, titansNvolsR#1 said: Question. I have plenty of fun money right now. Might put 100 on Ripple. How do you go about selling it back though? Let's say I put money on it and it hits this crazy high, I just choose to sell and someone/company deposits 80k into my bank? You would then exchange your Ripple for Bitcoin and you can either keep the Bitcoin or sell that for the cash Quote Link to comment Share on other sites More sharing options...
1ForTheThumb Posted November 29, 2017 Share Posted November 29, 2017 11 hours ago, BayRaider said: I'm on the Ripple bullrun as well right now. Have $250 at 18 cents and 25 cents. Think it's gonna bullrun all the way to 45 cents soon before we see a price correction. Not investing in Bitcoin atm cause I think we will see a price correction shortly. Back down to 8k and possibly even as low as 6500. Bitcoin will see another bullrun to see 20-25k over the next year but 10k is a really bad price to buy in. More of a panic buy in price. I think we could see a price dip as people sell off at 10K. And like you said eventually another bullrun to 20-25. As I type this, BTC might hit 11 today. Crazy! Quote Link to comment Share on other sites More sharing options...
1ForTheThumb Posted November 29, 2017 Share Posted November 29, 2017 8 hours ago, incognito_man said: the best advise you'll see in this thread: only use play money to stick into crypto. i.e. that money you would OTHERWISE have spent on useless throwaway crap like video games or something (note: OTHERWISE, not IN ADDITION TO). This crypto-mania is 100% speculation right now, 99.999% of people (including 100% in this thread) have no idea what they're are talking about regarding this stuff. I have some fun money in on this because it's entertainment. It is NOT investing. It is entertainment. Don't get confused by this. Don't put more money into this than you would on some other useless thing that would entertain you for a month or two and then be gone. Exactly. And also know that it's an extremely emotional investment. 9/10 times the common investors in the stock market buy high (out of emotion) and sell low (out of panic). Which is *** backwards. With the crazy volatility in crypto, if you get too emotionally invested, you'll go insane. If you're bullish on BTC, the technology, block chains, etc. Just. Hold. But you're advice is exactly what I'm doing. I'm not taking it too serious, I'm investing money that I'm ok with losing, as in, it wouldn't kill me, and I'm having some fun. Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted November 29, 2017 Share Posted November 29, 2017 How do you purchase this stuff? I got some dollars I'll chuck at a couple of them. You guys have linked some solid contenders in here so screw it, why not? I've read you need to supply your ID to purchase. That true? Quote Link to comment Share on other sites More sharing options...
Mossburg Posted November 29, 2017 Share Posted November 29, 2017 So I guess this thread is proof on a small scale why Bitcoin is skyrocketing. People hear something on CNBC or some article and want to throw a couple hundred at it, and it keeps happening with many new people everyday. 1 Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 29, 2017 Author Share Posted November 29, 2017 1 minute ago, Mossburg said: So I guess this thread is proof on a small scale why Bitcoin is skyrocketing. People hear something on CNBC or some article and want to throw a couple hundred at it, and it keeps happening with many new people everyday. That's how every stock or crypto works. People buy = Price Increases People sell = Price Decreases Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.