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7 years ago in #crypto by rok-sivante (77)
$132.33
- Past Payouts $132.33
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- - Curators $14.48
115 votes
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- and 95 more
One of my rules is to stay away from projects involving celebrities!! This is what made avoid Centra and a few other ones.
As for the residual income aspect of investing, I completely agree. I think POS-based cryptos like NEO, OMG and ETH have potential that is hard to quantify at this point. Marinate on that for a bit!
Haha. And here I was getting all excited about @stan’s news of Evander Holyfield promoting Bitshares... :-)
Nice post.
Crypto
This is an amazing post on cryptocurrency,thanks for sharing i will really help alot.
😊🙏
Make sure to check back for parts 2-4... ;-)
There is a lot of fraud in the market now. So nobody is confident of investing.
No one knowledgeable, maybe.
Learn your shit, and it’s easy to determine the gems from the frauds. ;-)
Can't wait for part 2
pretty good read and very informative as usual. looking forward to the next part...
A friend of mine has issued a challenge, turn 20 GBP, 20 EUR, 20 USD or whatever your native currency it into as much as you can by playing with the crypto markets.
See more details here:
https://steemit.com/cryptocurrency/@rpettigrew/play-the-2018-crypto-challenge
What are your views on cardano and steller coins because i can't afford etherum ,bitcoin or dash so can you suggest me any coin under 1$ with bright future and good team @rok-sivante ......Nice article you have very good knowledge about cryptocurrency ..keep steeming !!
Token price is not as relevant as market cap.
You can afford anything at this point.
Bitcoin could still have greater upside potential at $15 that something at 1 cent, based on fundamentals. A coin could be “cheap” based on price, but if there are hundreds of billions, you have to factor that into the relative comparison to Bitcoin, which has a limited supply of 21 million, for example.
Stellar... don’t really know. To my knowledge, it was kind of a clone of Ripple geared towards the banking system, which I didn’t care to hold onto cuz I’d rather put my support into alternative systems.
Cardano... seems like it should emerge to be a big player, though it’s also got a fair big market cap already. Might be a safe investment, though not as much upside as some other tokens with a much lower market cap with strong fundamentals that just haven’t gotten their time in the limelight yet.
Stay tuned for the next 3 parts of this series, as there’ll be a number of others included that may be worth checking out...
I believe that Cardano is a great buy, hold it long term. Not too long ago, Ethereum was under $10 and you see what happened. Cardano has the potential to be an even better version of Ethereum and has an excellent dev team behind it.
If you can afford a coin under $1 then you can afford bitcoin, ethereum or dash as well.
Yes i know but profit won't be that much and bitcoin has many cons such as highest transaction fees so thats the only reason
Ethereum is very undervalued but I also believe that Cardano will offer some competition for Ethereum as it gets up and going. There are pros and cons to both but we shouldn't sleep on Cardano nor Ethereum. They have excellent use cases.
Indeed. Cardano is included in one of the upcoming parts...
Ah dammit, I was looking forward to the coins you didn't covered.
I'm an altcoin guy, I like to push the little ones and piggy back on cent climbs :D
But this year will be year Ethereum... probably EOS and Ripple too.
Will stay tuned for the second part. By the way, I am a budding writer transitioning from full-time to ahem, what's the rest, budding.... er yada yada.
Cheers mate!
Haha, be patient... there are 3 more parts, so shall probably cover at least a few of them... :-)
Really interesting read, thanks. I look forward to part two.
I recently got into crypto and with a few successful trades decided to see how much I could make with only £20/ $20 seed in 2018. I've written about it here if you'd be up for joining the challenge?
https://steemit.com/cryptocurrency/@rbennett/play-the-2018-crypto-challenge
Good luck!
Sounds like a great challenge.
I’m going to pass, however. At this point, would be too complicated to set apart the funds from the rest of my wallets and accounts, I’m not trading anything that small, and tend to stay away from trading as it’d complicate my tax matters and risk putting me into the full income bracket versus capital gains as an investor.
I do love the initiate, though, and it’d be great to catch on for some of the minnows who are starting out smaller... 😎
Cheers for taking the time to respond. Yeah it can be time consuming and addictive checking the prices all the time ;) and I suppose little upside apart from the fun of taking part for the bigger investors.
Lucky here in the UK that they haven't imposed the tax rule to track every trade like they have in the US this week. Not yet anyway...
Nice.
Yeah, in Canada there is a criteria that separates investing from day trading, which equates to double the tax. I have a lot of appreciation for countries like the Netherlands, as have heard their tax on crypto is only like 2% either way...
I just followed you cause your posts seems to be informative post you
can find similar crypto news on my steemit that might be productive
for you too...
@reewy
Thanks for all the etherium links. I’ve still just started to scratch the surface on this as it obviously needs a lot more time to understand the influence of than most currencies. I hope it can kick ripples ass.
Steem was number 25 on coinmarketcap last time I checked, we are almost top 20, We could be top 10 by summer. Looking forward to see which others you want to review.
Yeah, there’s ALOT to learn in this space and the various projects and applications.
Ethereum is a BIG one, because it was the next leap after Bitcoin, that essentially started the whole premise of decentralized applications and smart contracts. Many of the new projects coming out are building upon the conceptual frameworks Ethereum set into motion - so most of what there is to learn about it translates over into the rest of the space perfectly. And, there are SO many developments on it that’ll broaden your horizons as to what types of possibilities exist in the space.
I’d also HIGHLY recommending reading Don & Alex Tapscott’s definitive book, Blockchain Revolution as it covers tons of these angles.
And no doubt, there’d be many of us here quite happy if Steem continues to rise... :-)
Been lookin for someone like this in the space who is looking out for the newcomers with a helping hand attitude @rok-sivante Thanks for being a class act!
Your welcome.
Such is a big part of success - paying forward the lessons and blessings. The more of us that win in this game, the more we all win... :-)
Followed you. Amazing material you bring to the community! Thanks
Your welcome. :-)
I'm glad to see that Steem is first in that series. Great post, thank you.
T’is moreless where it really started for me, and the backbone that has continued to support this journey. :-)
Your welcome. 🙏
I am here today reading through all your series here as promised.
You know, this really stuck out as some key advice:
--- I think that was a powerful piece of language.
This latest series combined with your other prior one along these lines could really serve a nice library of Crypto 101 volumes for investing.
I could see your embedding these the nice way you do into the bottom of your posts from now on so new people to your posts always would have a chance at seeing all this advice and work you have done here.
Just a thought. I see value here to this series by you.
Well done -- I keep saying.
Right on man... interesting read. On to part 2!