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Topic: Best investment coins? - page 4. (Read 1494 times)

newbie
Activity: 7
Merit: 0
November 08, 2017, 11:43:52 AM
#9
This is a great question. I love Monero as a coin too but it doesn't appear to have much value? Is there a reason for this.
 

Thank You In Advance!
legendary
Activity: 1792
Merit: 1283
November 08, 2017, 10:27:08 AM
#8
You could invest your Monero on Crypto-Games for example, but people don't seem to be betting a lot with it.
Currently there has been 3000 XMR wagered in the last 30 days, other coins are doing much better.

Litecoin is doing much better with 32k LTC wagered in the last 30 days, the profits are also much higher.
hero member
Activity: 756
Merit: 505
November 08, 2017, 01:15:56 AM
#7
Yes Bitcoin is the most gambled, and Ethereum is next.

I have a crapload of monero which I like as a coin, but it's a small % of the gambled coins. Would it be prudent to trade some monero for say litecoin or something?



Not sure if this is the right place to ask this. But generally if you are holding something just for gambling, what's the point of exchanging it? You can just keep it and gamble with it on the site that accepts XMR as a coin to gamble with. Well I think there are a lot of gambling sites that accepts this coin to play with, like fortune jack. Also, be mindful that if you exchange your coin to something else, there are fees involved. So just avoid exchanging it.
legendary
Activity: 1456
Merit: 1023
November 07, 2017, 11:07:01 PM
#6
Yes Bitcoin is the most gambled, and Ethereum is next.

I have a crapload of monero which I like as a coin, but it's a small % of the gambled coins. Would it be prudent to trade some monero for say litecoin or something?


Are you planning to invest it on a casino's bankroll ? or just gamble with it? Monero still has a decent number when it comes to gambling stats. On dicesites Safedice's overall stat for monero is sitting at the top 10. Spreading your investment on different coins is a wise decision because it lessens the risk if one coin doesn't go according to plan you still have other coins to back you up.

This is what they called Hedging on trading, But it is not sufficient to just spread it on different without proper weighting on proper allocation. The more coins you invest in crypto trading will just give you more risk considering the behavior of altcoin price. Because when bitcoin pump, the majority of altcoin dumps and vice versa. Personally I'm just trading on two altcoin at the same time so it will be only a 50/50 risk. Stratis and OMG which is both dump ATM.  Grin

When people dump then you should take them and wait for the right time to sell. Should buy only promising coins not shit coins.

But don't go and catch falling knife because sometime it may go even lower. You should study the coins well before you jump in to purchase when others are selling it. Stratis long back I bought at 3$ and sold above 7$ and when it came down all the way to $5 then I bought some but now it is trading less than $3. I'm sure in the long run it will again go above $5 but sometimes it takes a lot of time to give you profits.
full member
Activity: 212
Merit: 100
ASK ME FOR LOANS
November 07, 2017, 09:30:35 PM
#5
Yes Bitcoin is the most gambled, and Ethereum is next.

I have a crapload of monero which I like as a coin, but it's a small % of the gambled coins. Would it be prudent to trade some monero for say litecoin or something?


Are you planning to invest it on a casino's bankroll ? or just gamble with it? Monero still has a decent number when it comes to gambling stats. On dicesites Safedice's overall stat for monero is sitting at the top 10. Spreading your investment on different coins is a wise decision because it lessens the risk if one coin doesn't go according to plan you still have other coins to back you up.

This is what they called Hedging on trading, But it is not sufficient to just spread it on different without proper weighting on proper allocation. The more coins you invest in crypto trading will just give you more risk considering the behavior of altcoin price. Because when bitcoin pump, the majority of altcoin dumps and vice versa. Personally I'm just trading on two altcoin at the same time so it will be only a 50/50 risk. Stratis and OMG which is both dump ATM.  Grin

When people dump then you should take them and wait for the right time to sell. Should buy only promising coins not shit coins.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
November 07, 2017, 09:14:40 PM
#4
Yes Bitcoin is the most gambled, and Ethereum is next.

I have a crapload of monero which I like as a coin, but it's a small % of the gambled coins. Would it be prudent to trade some monero for say litecoin or something?


Are you planning to invest it on a casino's bankroll ? or just gamble with it? Monero still has a decent number when it comes to gambling stats. On dicesites Safedice's overall stat for monero is sitting at the top 10. Spreading your investment on different coins is a wise decision because it lessens the risk if one coin doesn't go according to plan you still have other coins to back you up.

This is what they called Hedging on trading, But it is not sufficient to just spread it on different without proper weighting on proper allocation. The more coins you invest in crypto trading will just give you more risk considering the behavior of altcoin price. Because when bitcoin pump, the majority of altcoin dumps and vice versa. Personally I'm just trading on two altcoin at the same time so it will be only a 50/50 risk. Stratis and OMG which is both dump ATM.  Grin
legendary
Activity: 3290
Merit: 1901
Shuffle.com
November 07, 2017, 01:49:04 PM
#3
Yes Bitcoin is the most gambled, and Ethereum is next.

I have a crapload of monero which I like as a coin, but it's a small % of the gambled coins. Would it be prudent to trade some monero for say litecoin or something?


Are you planning to invest it on a casino's bankroll ? or just gamble with it? Monero still has a decent number when it comes to gambling stats. On dicesites Safedice's overall stat for monero is sitting at the top 10. Spreading your investment on different coins is a wise decision because it lessens the risk if one coin doesn't go according to plan you still have other coins to back you up.
member
Activity: 98
Merit: 10
November 07, 2017, 02:22:38 AM
#2
Well why don't  your try betting on nitrogen if you are sports fan or somewhat A person who is willing to take a risk for their team or player then that is the place for you dude to variety of odds and lot of betting competition there I am sure you would like eeting in there.
full member
Activity: 128
Merit: 100
November 06, 2017, 09:28:50 PM
#1
Yes Bitcoin is the most gambled, and Ethereum is next.

I have a crapload of monero which I like as a coin, but it's a small % of the gambled coins. Would it be prudent to trade some monero for say litecoin or something?

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