Re: LoyceV's Legendary 10 Month 10 Person 10 Altcoin Investment Experiment: STARTED
Multi Sig wallets could be a way of hoDling the coins without the need to install new wallets.
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For practicality sake, only one alt coin can be held by one participant per round.
I'm not sure what this would solve: a multisig wallet reduces the chance that I can run away with the money, but I'll still need to install the wallets, and adding multisig makes that more complicated, while it adds the risk when up to 10 different parties need to keep their side of the deal after 10 months.~
For practicality sake, only one alt coin can be held by one participant per round.
Using an escrow for different altcoins makes it even more complicated. I'd rather just refer to this statement:
Why trust me
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If this still isn't enough: thanks for reading, don't join
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If this still isn't enough: thanks for reading, don't join
The silver lining here is that, apart from the dollar appreciation that is, is that even this quarter's battering still leaves us in reasonable profit. Somewhat goes to show that diversification doesn't much affect portfolio since the market seems anchored to Bitcoin's fortunes.
In hindsight, we should have started in Month 1, and ended in Month 3. That would have been 177% profit measured in Bitcoin in just 2 months. Oh well, that's all normal in crypto Quote
I'd definitely join a second round, just enjoying the experiment.
I've added you to my unofficial waiting list.This is pure gold this monthly reports. I was sure that this investment in a big loss now and surprisingly you guys are still in profit dollar and bitcoin wise.
FTFY