Wolf0 Neoscrypt mod must have been sold to every big miner
2 days ago FTC network hash was 779mhs
Today, the FTC network hash is 1.05GHs
A whopping 35% increase in 2 days
Nope - my guy may have switched back to Neo, though.
What do you think of my post on the CCminer thread wolf0?
"It's math and macro economic strategy for most people to make a return on alts.
"Yeah, but remember, big funds outside of the Crypto Sector have, only, a 5% success in investments into new business ventures
Why should new crypto coins have a bigger success ratio, maybe a lower success rate of 4%. Developers disappearing is not such a surprise, when you think about it? Some investors and miners have unrealistic outlooks on new alts, even old alts Huh
Buying or mining into coin before they have their 1st Block halving or late on in their pre-POS as the initial buzz of the launch has worn off, the the most efficient way to get a big position with such a low success rate.
Taking a position of 0.001% to 0.0001% is necesssary to ensure the few successes you achieve return a net profit compared to failed investments.
Here's a few examples:
Pheonixcoin, 98 million coins, equals 98,000 to 9,800 position; Block halving 2015.
Feathercoin 300,000,000 coins, equals 300,000 to 30,000 position; Block halving 2019.
Vertcoin 84,000,000 coins, equals 84,000 to 8,400,000 position; Block halving 2018.
Therefore, if one or two investments reach 10-50 cent a coin, you have made a net profit on the investments, even though your investment in the other 24 coins made a mad loss
"
Hope it helps newcommers
"
I think that strategy will probably work - but you won't make much that way. I'm more inclined to invest in something I think will succeed, if I invest at all, rather than hedge every bet I make.