Post
Topic
Board Trading Discussion
Re: Late Arrival for Long Term Investment Advise
by
slyfox
on 24/11/2017, 02:10:08 UTC
Late Arrival for Long Term Investment Advise:

I been studying the crypto recently, reading several discussion threats, trying to understand the projects, the market, watching several videos, but i still a newbie.

I am planning to invest 13K that i have available now, but as a long term hold-collector investment more than make money in the short term, no problem waiting years.

I have my doubts about Bitcoin, the confirmation times, the large fees, I don’t see this as a market coin(pay in an mall or store for goods in a future, etc.) because the times, the fact you have to wait more than 10 minutes (way longer depending the network / amount - could take hours) for the confirmations does not make sense in a world everything it is getting more faster... imagine waiting for the computer you just bought in the store, but the transaction still under confirmation for 60 minutes......  but i may be wrong, again i am new into this  Grin.

So, I love the idea Bitcoin is dragging the other cryptos with free advertisement and lots of people are getting into crypto lately and i am very interested in the other coins.

My Take:
- Ethereum 8K
- Litecoin 1K
- EOS      1K
- LSK      1K
- Monero   1K
- IOTA     $500
- BLOCK    $500

My Take (10 days ago LOL)
- Bitcoin  10K
- Ethereum 2K
- Litecoin $500
- LSK      $300
- IOTA     $200

An advise, a better educated Take  Grin, corrections, educational comment will be appreciate  Wink

At the end is your call but to not put a single dollar in bitcoin will be a huge mistake, many people are lamenting right now that they invested everything in alts a few months ago and they missed the big rally of bitcoin not only they did not earned money they lost a lot as well since their investments lost ground against bitcoin.