Post
Topic
Board Bitcoin Discussion
Re: Bitcoin tips: the 10 Commandments
by
ovcijisir
on 01/02/2018, 16:10:38 UTC
BITCOIN 10 COMMANDMENTS

#7 Hold a diverse portfolio of cryptocurrencies to reduce risk. (need better suggestions: to be replace)

So i was thinking of a good idea to help beginners to start their journey in bitcoin and other cryptocurrencies. Then i came into this.
Would appreciate if you can contribute some suggestions that are better than mine so I can replace other commandments to make it look more better and helpful to freshers.

I would say for #7 that it is good to have cryptocurrencies that have different purpouse.

For example Litecoin's purpouse is fast transactions.
Ripple's purpouse is bank applications.
Ethereum's purpouse is smart contracts. And so on.

Also have some tokens that have real life applications.

For example when you buy EOS token you will get one part of EOS networks stake, which you can use to host website on it, or to rent it.