Post
Topic
Board Altcoin Discussion
Re: Invest in LISK or DAO
by
froggy512
on 06/06/2016, 04:05:23 UTC
People buying DAO need to be really careful. I think it's a cool idea, but legally it is a mess that could subject DAO tokenholders to all sorts of unforeseen liability. You may be thinking ... 'I only invested $100 and I'm ok with losing that.' But what if a DAO rent-a-car malfunctions and kills somebody and a court decides that you're legally a general partner and on the hook for the entire judgment because you're a general partner. Suddenly a Plaintiff's attorney is trying to garnish your bank accounts, foreclose on your rental property, and seize your boat.

IMO, Lisk has the best risk/reward profile right now. It has the potential to catch ETH and both are revolutionary techs that should continue to grow.

Spread your bets around. Invest in techs that satisfy unfulfilled needs and that have meaningful differences from the next tech. Above all else, only invest what you are prepared to lose.