Topic: Eth founder says crypto could go to zero anytime - page 8. (Read 715 times)
He is saying that everybody knows, don't invest more than you can lose. No credit cards. And almost 90% of alts/ICO will disappear in the nearest future. There are too many companies that don't have the working tech and cost mill/billions of dollars here.
What Buterin says is something everyone entering crypto is already aware of, or cautioned about constantly. Its sane advice, and one I believe all smart investors are naturally following, to invest only what one can afford to lose, and to store ones life savings in traditional assets. Moreover, most people should if possible have another regular source of income.
Anything could go to zero anytime. Oil could go to zero anytime if people found new cheap sorces of energy for example. What do you think about value of fiat currency? We have many examples in the history when fiat went to zero due econimical and political issues.
Most of them probably will. People should be treating a lot of crypto like penny stocks and not long term investments. I'm not saying there aren't good altcoins, it's just most of the 1500 or so of them won't survive.
https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html
It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things
The news is not new, perhaps it's made to protect people, and maybe a completely different meaning in his words is laid. But he did not disclose the secret, everyone understands what is at stake and that everything can disappear in a moment. It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things
I don't believe that the crypto world will fail because Satoshi made bitcoin to be rounded of and always start at 0-> 0.00000001 and how many satoshi millions of satoshi to get a 1 bitcoin but the no. Itself you would see it all started at 0 so no body will get lose. As long as you prepare yourbself to be a good long term holder.
This has been posted so many times. Are you surprised that something might fail? This is just common sense information.
Correct me if I'm wrong, but Vitalik says it several times a year.
That is a wake up call from the co founder of ETH, no one should invest his/her saving in cryptocurrencies and again invest only what you can afford to loose because the cryptocurrency market is very volatile and at that it is unpredictable any thing can happen but in at that taking the risk some times pays off.
Well it all depends on where we park our funds. I primarily like to invest in businesses that are showing promise and have a chance of success. I do not like to just invest in the next hyped up coin or token. Does the business model look good for investors? Does it have a good team whereby I can have confidence in them? Is the product or service disruptive enough or beneficial to the world community at large so it solves a big problem? Are the returns on my investment going to be decent over a medium to long term period of time? These are the things I am looking for so I invest in businesses, more than just the tokens.
Etherium and altcoin is the best will grown up in last year! This year! You can say ' year of altcoin and token'
https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html
It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things
It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things
Many people have become greedy lately. That's why ICO price often don't make sense. I see some ICO projects are seeking only quick profit. I am glad that Mr Butterin said that, it's good call for us.
https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html
It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things
It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things
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