Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
othell_rogue
on 21/08/2020, 07:23:04 UTC
Quote from: Ferdo on August 19, 2020, 03:23:28 PM
Quote from: othell_rogue on August 19, 2020, 11:00:53 AM
Quote from: samuraijin on August 14, 2020, 07:33:57 AM
lots of projects are using the name DEFI but some of them are scam and shitcoin, people should learn what DEFI is really about, it sounds weird why people like investing when they hear the name DEFI, but stick to old projects that are still developing, I bet it has good potential for the future, NANO is also good for investment

This is true. DeFi now is like ICO in 2017, a lot of FOMO surrounding the projects that are DeFi or claiming to be one. I know that many will make nice profits on DeFi projects but much more people will get burnt by this 2020 trend called DeFi, like a lot of people lost a lot of money in 2018 due to ICO scams and failed projects.

I also got burnt by some projects from 2017 and made some money with others, this is why I choose to stay with the old schools coins BTC, LTC, ETH, DASH.

P.S. I also have a bag of NANO still XRB in my old XRB wallet.

Agree with everything you wrote. Had the same experience.

I am curious why do you hold LTC and DASH? I have the same portfolio but instead of LTC I hold DCR and instead of DASH I hold XMR

Well I prefer to hold these top coins since they are more established, so the risk of loosing my money is lower than with other top 200 coins.
Why I choose them: DASH - because of the very low fees, for any payment in the space. LTC - because BTC is too slow and too expensive. Have other alts from top 50, but I prefer to not shill them in here, the comment from above was purely to give an example even if I hold all of the coins mentioned there.