Post
Topic
Board Securities
Re: Newby - looking for a 3 to 5 year investment
by
BitcoinUKmedia
on 27/07/2017, 22:43:31 UTC
Given the size of your investment ($1300), I'd consider going all in on Ether.
I would not recommend that decision. Bitcoin is safe bet in a way its proven technology without critical holes like they are discovered in ethereum every month.
Bitcoin is more well known, its better designed and have limited coins, not like ethereum (unlimited) so your money will be nothing in future in Ether.

Could you point to all of the "critical holes" that are being discovered in Ethereum every month? I've heard of very few


was it Golem that found a way that ETH had a weakness meaning it could just be stolen from certain exchanges (last Nov)? then there was a fix suggested by someone pretty high up in the community - but that backfired and meant that tokens got stuck in multisig wallets. Then there was a problem with Parity wallet last week - that's Gavin Woods project - not even a hack but basically left the door open for an exploit and Edgeless Casino lost $30 million along with a bunch of other people.

I still love ETH but it's not rock solid - blockchain is difficult and new.