Post
Topic
Board Altcoin Discussion
Re: What are your plans with your Cryptocurrencies?
by
South Park
on 20/10/2018, 22:13:47 UTC
Hi guys =D  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?
Actually, there is no much places to invest, and we can see the prices in these days. The price has been falling slowly, also we can see a lot scams related Bitcoin etc.
We may can discuss about the coins there. Wink

From the beginning my plan is to invest in projects I believe might have great future with further development of blockchain technology and that might easily get mass adopted once they make their project. Curently since the market has been the way it has been for almost 10 months now, I'm just trying to accumulate as much as I can. And just hold onto those tokens for many years. So currently I'm just trying to be patient and trying to stop myself from checking coinmarketcap everyday Cheesy
I do not know if it is a good idea to hold relatively new altcoins for such a long time frame, I say this because as you have noticed the market of icos is not really moving that much and when it does the market goes down and not up this bear market could last so long that the projects in which you invested disappear before the new bull market, so be careful because while your strategy is not bad it has greater risks than what it may seem at first glance.