Bitcoin value is going high every minute, and its gonna keep going up too. So all the people who invested their bitcoin in alts for long term are doomed now.
I don't think they will be able to recover their investments.
Are you one of those people too? What are your thoughts?
I don't think they will be able to recover their investments.
Are you one of those people too? What are your thoughts?
I think, that looking at one moment in time and basing decisions like that is the permanent forever status will lose you more money than gain.
Fact is investments are fluid and constantly changing, the smart play today will not always be the smart play tomorrow.
Long Term investments take into account aspects that are unaffected by hype
such as
ZEIT
Only coin to Solve the Following
PoS Inflation Problems = √ Solved moved to Ultra Low Inflation
PoW Energy Waste = √ Energy Efficient
PoW ASICS required = √ No Asics required
Massive Operating costs = √ Minuscule Operating Costs
Compared with BTC
BTC.............................................
Low Transaction Capacity
Energy Wasting ASICS
Increasing Transaction Fees
Rich can jump ahead by higher fees
Verses
ZEIT
20X BTC Onchain Transaction Capacity
Energy Efficient
Low Fixed Transaction Fee
Transactions included in the order they were created
Long Term the Fundamentals always defeat the Hype that dominates Short Term Investing.
