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Topic: I just spent about $20 on the cheapest coins on Cryptsy -- good investment? (Read 887 times)

legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
just put 14btc in too DMD, the name diamonds just great, the speed like lightning, rare less then 5 million, pow+pos, will go to BTC price and beyond, just watch
sr. member
Activity: 490
Merit: 254
As others have said, its a crapshoot. I have seen coins make a comeback after being literally on the verge of death, so even if one or two of them take off you should make a few $$.

BTW, you should put a buck or 2 into doge. Smiley
member
Activity: 112
Merit: 10
Well better odds then in a casino or lottery,

I myself look for coins that are innovative and not just a clone of many other clones
legendary
Activity: 1106
Merit: 1000
$20 is not a serious investment. Thinking seriously of it makes me sick  Huh
newbie
Activity: 35
Merit: 0
From my limited knowledge I think that the cheap coins are pretty much a crap shoot.  However, since you spread out your money it's not like you'll lose almost everything unless there's a really, really bad turn of events for the coins.

If $20 is just pocket change to you and/or you could afford to lose some of it then I think it's not a bad idea to try this.  I'm pretty sure you'll almost certainly be able to get most of it back due to the way you spread the investment out.  If you're lucky you could double your money and reinvest in other coins, cash it out and get a meal at a restaurant or convert it to BTC and order a pizza on pizzaforcoins Smiley

If I weren't so cheap I'd invest a bit myself for the heck of it.  I'll personally stick to mining for now since my electricity might as well be free.
legendary
Activity: 1106
Merit: 1000
DMD is a very good choice
jr. member
Activity: 54
Merit: 10
There are good chances that some ll rise from the list, just buy coins that have nice coinmarketcap %+
full member
Activity: 126
Merit: 100
Here are the coins I bought:

100000 COL
10000 ADT
10000 TIX
10000 IFC
1000 XEN
1000 ASC
1000 DVC
1000 GME
1000 NET

Seems like a good number of coins for the money, but will they ever be worth more than I paid for them? Does anyone else do this?
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