Quote from: gentlemand on August 11, 2017, 08:58:30 PM

Now that every single person here is quite stunningly rich, at least for tonight, has your level of engagement with crypto land plateaued a little or are you as turned on as ever?

Are you increasing your portfolios with wonderful shitcoins, staying put completely, selling like mad or too busy with ladyboys wiping their posteriors on your faces?

Speaking for myself the prices are now so far beyond where I began and there are now so many projects that I'm just sitting there and observing more than anything. The social science side of it is more interesting than ever, but the market bit feels a tad surreal now.

If you didnt make decent topics, I wouldnt have anything to respond to. If i have to explain "why bitcoin important in your life" or "when will bitcoin be legal" again I will divest. Good work, gentle sir.

Here is the strategy for a day trader/long term holder:

the shitcoins are wonderful nowadays. the volatility is free money essentially; one day everyone will understand these market are pure manipulation. i look for eth icos with promise; that is they show me a real world use for the blockchain and the ability to generate value (shameless shill plug; bitJob.io). ICOs want your money, for scrip. Since they are willing to give you a 40% bonus in scrip for early adoption, you could do worse than buying into a decent project and waiting. despite token values as of late (the mini eth crash took alot of cap from the markets)

look at high cap coins that are cheap. if its been in the top 20 for more than a few weeks, but has been around for more than 1 year, it will go up. not really a reflection of the value of the asset, some idiot will pump it because its a valid strategy in this sphere. To be specific, i deem ripple, doge, ltc and xmr/zcash undervalued. i will make a specific point about DOGE; simply observe the doge/btc chart(meta). Look at that pattern. Duh. Now plan accordingly.

dice based eth tokens are a sure winner. you probably remember satoshidice. again, plan accordingly. this would include skin coin, and by a stretch wings, as it is essentially a gamble/prediction market.

look for icos that have issued, but have nt achieved their first dev milestone. investor confidence plummets after the initial interest/fomo spike; its basically half off the ico price about a month after it issues. if its truly a shit token dont bother, but if you missed out on the ico its a golden oppurtunity.

there are a few independent blockchain coins that are worth it. I cant give that away Wink

look at the team, not the concept. valuation doesnt reflect utility here, it reflects trust. barely, LOL.

and lastly, hold. if you have not educated yourself (talking to the board) about how to trade (take a class at your cc, I did, and read all you can on the webs), you probably shouldnt trade. yes, there is op cost in holding and not following the dips. but time has proven unless you are an educated trader, the rare spike you see wil be offset by so much hurt. take it from me. i have lost more crypto that most people on this board have held.**

and I kick myself in the ass about it every morning I wake up and check the prices.

i treat eth/btc as primary value stores. that is, when I take profit, it gets converted to 25% native token/75% eth or btc. has never failed me yet.

additional shameless plug:

ChipMixer

Because they mix your coins, and pay one of my utility bills Wink

** i went all in on NEOBEE. and if I see Danny Brewster in the streetz, Im gonna stomp on him.