Topic: Conclusions after Eth fiasco - page 2. (Read 1817 times)
TLDR: Buy $DGB.
It's dead that is what..
No one is going to trust it now that it's been hacked that bad !
No one is going to trust it now that it's been hacked that bad !
People will still make a distinction between DAO and ETH, won't they?
Ether seems to have already recovered quite a bit.
It may have recovered for now but those dao are still going to be released unless theres a hardfork to stop it, Controversial doesn't even begin to sum it up. Eth was a good earner but my advice would be to stick with btc. Eth is still a major risk.
It's dead that is what..
No one is going to trust it now that it's been hacked that bad !
No one is going to trust it now that it's been hacked that bad !
People will still make a distinction between DAO and ETH, won't they?
Ether seems to have already recovered quite a bit.
Conclusion: Eth is alpha quality software, at best, that is totally insecure (obviously). It is also a centralized coin run by a dictatorship.
Can you imagine where bitcoin would be if it hardforked every time some coins were stolen? But people are willing to put up with this BS for Ether. Why?
Can you imagine where bitcoin would be if it hardforked every time some coins were stolen? But people are willing to put up with this BS for Ether. Why?
It's dead that is what..
No one is going to trust it now that it's been hacked that bad !
No one is going to trust it now that it's been hacked that bad !
It's gonna be a long while at least, and I'm concerned at what the r3 consortium will have to say about this rather severe fail.
I didn't expect this particular thing to happen, but dammit, we called this weeks earlier
It's dead that is what..
No one is going to trust it now that it's been hacked that bad !
No one is going to trust it now that it's been hacked that bad !
Broad diversification is key to success in investing.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
You're saying "conclusions after eth fiasco" like it's over? haha
My point is some crypto investors who only had Bitcoin recently invested in Eth and thought they were properly diversified and could now feel secure. Nothing could be further from the truth. Having 2 coins is not broad programming code diversification.
Broad diversification is key to success in investing.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
Keeping track of 20 investments isn't hard. If you find it hard, then maybe a buy-and-forget strategy would be best for you. Altcoins are super risky. I wouldn't keep any significant amount of money in them. Or bitcoin either, really. Hopefully you don't have all ypur money in crypto.Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
If it's not hard for you to keep track of 20 investments, feel free to do it. For me, the best I can follow is 10. My point is 1-2 is too few and risky. 5 is what everyone must do. 10-20 is great if you can do it.
The alt market is a thing in its own right, so I am talking about the money you allocated to investing in crypto, not about other money locked in real estate and other things. The money you put in the crypto market still need to go to 5-10 different ventures/coins.
Everything coin like is a very high risk investment.
I am always expecting that I won't see a single penny I invested in all of this.
I don't hold BTC, I am here for a good profit or total lose.
I am always expecting that I won't see a single penny I invested in all of this.
I don't hold BTC, I am here for a good profit or total lose.
Broad diversification is key to success in investing.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
To add to that, I would say that the majority of your portfolio should be in bitcoin. Alts can be used to give you that extra profit, but you shouldn't bet your house on alts.
Broad diversification is key to success in investing.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
You're saying "conclusions after eth fiasco" like it's over? haha
Broad diversification is key to success in investing.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
Keeping track of 20 investments isn't hard. If you find it hard, then maybe a buy-and-forget strategy would be best for you. Altcoins are super risky. I wouldn't keep any significant amount of money in them. Or bitcoin either, really. Hopefully you don't have all ypur money in crypto. Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
Broad diversification is key to success in investing.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
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