Post
Topic
Board Speculation
Re: Speculation Rule: buy when others are irrationally pessimistic or too cautious
by
iamnotback
on 10/04/2017, 17:01:54 UTC
We need to look at potential 100 to 1000'ers.

How about PIVX? looks like its going to hit 1 USD finally. Once it hits 1, then why not 5, or 10?

It's a DASH clone, without instamine and so on. Now it just needs to hire some pretty girl to shill on youtube. Looks like it's cheap enough to profit from a big bubble that I think will eventually happen.
Also its not even polo yet.

What the hell else is there? we need to look at coins that are under the radar with some potential for a good ol pump, ideally flat coins or at least under 1 USD relative to total supply. I know PIVX is at the end of the another joke, im just trying to guess a good pump. This one seems like a decent gamble. If it hits 2 USD that's already good profits.
Of course the problem of massive whales in this coin and constant risk to megadump is there, but whales are greedy, they will enjoy seeing the price go higher.

It is risk versus reward. I am not going to buy that dogshit PIVX at the top of a recent pump, with only a potential 100% gain.

I'll risk on LTC, because the upside potential is 300+% gain and the downside seems small now, unless the entire SegWit on Litecoin is a mirage.

There is nothing else that is a good risk versus reward.

Byteball if you like betting on smallcaps, but I been telling you that since it was $1 million marketcap. I didn't have time to fool around with trying to figure how to buy it since it isn't on Poloneix. I am not trying to get rich with my 12 BTC. I'll get rich on launching my own altcoin.

Thus I am very picky about risk vs. reward. I want moderate risk and very excellent reward. But I don't want extreme risk and hassle of investing 0.5BTC in Byteball hoping for 100X gain. I know Byteball has a flawed design and as soon as I launch my altcoin, Byteball will have no more reason to exist. Ditto most of the other altcoins out there.

Litecoin will still have a reason to exist after I launch my altcoin, if SegWit is added.

I suggested Stratis to someone here, but he didn't think it would offer anything over Hyperledger and I didn't have time to belabor the point. It has since risen quite a bit.

I just don't have enough time for this. I need to put my head back into coding. I need something I can HODL and ignore. So for me it is BTC or LTC (or perhaps ETH).