Post
Topic
Board Altcoin Discussion
Re: What exactly am I investing in when I buy a coin.
by
01BTC
on 29/01/2018, 16:24:51 UTC
So I've been buying ETH, BITCOIN, NEO and a bunch of other coins for an investment in case the coins go up in price.  My question is this.  What exactly am I buying?  In many of these coins I'm not actually buying a currency, and I'm also not investing in a company where I get shares.  In fact, if I move my ETH around, I burn gas which burns my ETH.  If I continuously do this I could end with the 0 ETH. So is there any true value in these coins other than making money when you buy low and sell high?

It's money buddy, as it is said money makes the world go round...  Why not making a portfolio a little more diverse , like 50% (here the big ones either btc or eth) and the rest arround 10% each.