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RE: What? The Bitcoin is dropping massively: Is this the end?

in #bitcoin8 years ago

I recommend avoiding ponzi schemes. It is much more profitable to invest in coins by simply buying them and waiting for the price to rise. The trick is to pick one that doesn't totally suck. I would just recommend the coins I have, but short term gains are not gauranteed. However, long term is nearly impossible to lose money, unless you pick a really bad coin like litedoge or something. But who knows, anything has the potential to be the next big thing.

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What coins do you have? Is it those general main ones?

No, I generaly stay away from main stream fads. I have reddcoin, digibyte, dogecoin, myriadcoin and a few other less popular ones. I basically bought the cheapest ones, reddcoin paid off the most, I plan to keep and stake them indefinately.

Ive never heard of them... wow i need to look it up.