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Topic: Invested $2000 in peercoin 11 months ago - Just realised i got a 110% ROI - page 2. (Read 1880 times)

legendary
Activity: 1652
Merit: 1088
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How much of that return was down to staking the coins and increasing the amount of peercoin you held in the process?
legendary
Activity: 2450
Merit: 1047
You've just picked the right coin to invest at that time,with so many new altcoins coming up you don't know what will yield you the most profit in the long run, better analysis is one of the thing you need to invest and make a profit..
legendary
Activity: 1512
Merit: 1000
PPC is a thing what used to do such things Smiley. A few times I've also realised that some nearly forgotten PPC stocks worth twice (or even more) when I've "rediscovered" than the original price.
hero member
Activity: 1568
Merit: 507
You do realise that most altcoins exist just for pure speculation and worth nothing right?Altcoins arent stores of value or wont be used as currency as long as bitcoin exists,so the only thing that matters is technology inside of them,their potential.To me it looks like most of altcoins out there like doge and other joke coins that only exist for pure speculation and nothing else,no future.

You do realise that the long term performance of many altcoins has already proven you wrong right? Litecoin at this time last year was $1.45 a coin, it is now worth more than double that at $3.10. I think in the long run if crypto is successful we wont only have bitcoin but a handful of other alts to. Competition is never a bad thing for the consumer/user.
hero member
Activity: 532
Merit: 500
Josneko what do you hope to happen with LTC ?It is the same since release,its an altcoin and most altcoins are technologically more advanced than it is.Bitcoin itself is shit but it has first runner advantage ,and because of that it is accepted in some place as payment.LTC wont have new investors to increase its price/capital,maybe few speculators will buy in if whales decide to pump it a little,but thats it.
sr. member
Activity: 476
Merit: 250
Congrats!
I'm also believe it's time to go back to good old coins like LTC and PEER, so we can leave behind us and those crowdfunding scams. I'm in LTC and i will hold longer time also. I believe i will double my money even after btc halving.
hero member
Activity: 532
Merit: 500
You do realise that most altcoins exist just for pure speculation and worth nothing right?Altcoins arent stores of value or wont be used as currency as long as bitcoin exists,so the only thing that matters is technology inside of them,their potential.To me it looks like most of altcoins out there like doge and other joke coins that only exist for pure speculation and nothing else,no future.
legendary
Activity: 3262
Merit: 3675
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The fact can not wait. The main thing for them is making a profit in the short period of time and it does not matter that the profit will be minimal.
hero member
Activity: 1568
Merit: 507
11 months ago i bought $2000 worth of peercoin as a long term investment. At this time peercoin was selling at $0.22 so i thought it would be a good time to buy in. I bought the ppc put them in a wallet and didn't really monitor the price. I was recently going over my portfolio and you can imagine my surprise when i realised my peercoins had more than doubled in value. The current exchange rate for 1 peercoin is currently $0.47 by the way.

The lesson to be learned here is that long term investments can sometimes pay off better than short ones. Back when i bought into ppc people were saying that ppc was dead and would crash to $0.05 in a month - it ended up doing the opposite and increased its value by more than 100% over a year.

I am considering putting more into ppc, who knows maybe in 12 months time ppc will be $10 each lol.
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