Topic: Trading Virtual Goods - page 2. (Read 2686 times)

I think it's currently about 2.5 times over the ICO price, but this doesn't mean anything.

EDIT: And I think they raised $36 Million... in 20-30 seconds...

You can try to play on stock exchanges, but the Crypto currency is monopolized and regulated by the manipulator market, that there is 80% of what you lose your savings.
It is better to try to enter the waves as cheap as possible in bitkoyn and postpone it for a while, it will necessarily soar several times.

Stick with your own mining setul and stay far away from cloud mining.  That shouldn't even be an option.

My own advice would be to invest in bitcoin and not these scammy icos, with which you're apt to lose money.  Frankly the crypto market is a bit overheated right now and it might be best to wait to invest that kind of money.

Legit ICOs? I heard it was over in 5 monutes and is mainly owned by corporate whales.

Best option for me is Crypto Trading but for now at least wait for the 1st August and let the bloodbath finish which is going on from last few weeks and after the segwit then you can go on with crypto trading you can earn good amount of profit from trading but you need to learn it first properly if you play with your luck than more chances are of loss better to learn first than do good in trading and one more advice from me is that only trade with good coins which have good future and good development team and also a road map which will show how these coins will grow and only invest in those coins. Don't invest in Crap Coins.

How does this even make sense?

So first - BAT was an ICO that raised 30 million in the first hour.  I tend to agree it's one of the only legit ICOs.  BUT

1.)  It's valued at 110 million which means original ICO purchases are already 4X in the green.

2.)  THIS is it's price chart.

https://coinmarketcap.com/assets/basic-attention-token/

3.)  It has gone down 10% today (maybe you are seeing upside down or something?)

Cloud Mining is a nono, its risky

I would rather go POS if i wanted to do cloud mining which i pay for hashrate

Trading is really good if you have time to read through forums, analyse the trend

Invest in Bitcoin, put them in cold storage and forget it for few years !

You can't be farther from the truth. I started trading again in mid May after a long (probably close to 2 years) break. Sold part of one of my alts for 0.57 BTC (about $1000 at the time) and at the moment I'm sitting on about ~$7,000 worth of BAT (~$4,000, even at these prices), Aragon and SIA. Mind telling me how I can lose?

You see, I have a strategy when it comes to trading:

1. I'm always buying coins/tokens, which I "believe in"!
2. If I believe the given coin/token will worth a lot more in future, then I'm starting to accumulate. I'm putting (say) a 10-20% difference as a target (example: bought at 1000 satoshi and it reaches 1100-1200), then I'm starting to sell. Usually I go with 1/4 or 1/3 of my holdings. If I hold 1000 coins, I'm selling 250 at 1100 satoshi. Then if the price reaches 1300 - I'm selling another 250. If the price goes back from 1300 to (say) 1150, then I'm buying back with ALL the BTC I earned from the previous trade (at 1300). If there is some sudden dump to (say) 900 satoshi, I'm buying with the BTC I made from both these trades (at 1100 and 1300).

This way I can follow the waves relatively "safely" and my chances of losing aren't that big.

Jumping on me this way won't do you any good, because I may be everything, but when it comes to digital currencies (coins, scams, tradings (if you wish).. everything except the tech behind a certain coin (that's because I'd like to think as the average Joe and don't give a flying f*ck about the gimmicks and don't waste my time to research them)), then you are talking to a person from which you may learn a lot.

I've been here for long enough and I've seen more than you can imagine, so you may call me naive, or you may call out mining1 and Mindlesscache to help you "bashing" me with my haircut or profile picture, but this won't change the fact that THIS IS SPARTA!

P.S. BAT is now trading at 4500. More money "lost".

You are naive as fuck. Prepare to lose money on a gimmick that no one will use.

I thought you actually knew something, clearly I was wrong.

Buy GUP, CFI, TRST now and you will be grateful later, regarding ICOs, if you managed to buy some tokens from CoinDash ICO before it is sold out, you are lucky.

While its not the most fun, I think buying and holding ETH is the way to go with 1/2 the money.  Use the other to find projects you think have potential.

I would not at all do the same choices. I would rather invest in Ethereum, Ethereum Classic, ZCash and, like you pointed it out, Litecoin. I have only faith in ICOs and PoW coins.

If I were you, I will invest in ripple, litecoin, bitshares, antshares and augur.

6.5k USD is a big amount and everyone here suggests with their own point of view. You have to understand them and make up your mind by your own research. There are only few ICO's which are dependable and can give you profit in long run. If you know the basic of trading then look for potential coins in Bittrex and invest in them. Never buy only one coin, scatter your investment and try to maximize it. Its better to go for medium risk than to lose everything at once.

You are definitely a wise man, I will be following your tip as soon as I will have some bitcoins !

We all know the "all eggs in one basket" story, but there are a lot more things to consider. There are moments in which you should be "brave" and listen to your guts. I hardly like any concept of a coin/token/whatever, because most of them lack the most important thing - usage (i.e. people). BAT is on a whole different level (though I hate the way they raised funds). Just imagine how many of you are using... browsers? And at the time of my first reply here the price was 4050 satoshi, now BAT is at 4370. I gave my "investment advise", because I'm following the market very closely and BAT currently is a 99.99% sure "investment". My best guess is that you can make 20-50% profit over the next few days (it already gained ~10% in 2 hours), not to mention what might happen in a few months/years.

never invest all your money in one project, that's dangerous in case of something bad happen.

Bitcoin, Monero, Ethereum are three of the well knowns that have been around for awhile that have things going on.  You could also make the argument for litecoin I guess (but I'm not going to).

I'm not advocating any of them.  Bitcoin & Monero generally avoid the "scam" label.  Ethereum is more controversial but arguably has more utility.

What you need to understand about the altcoin marketplace is that it's about dumping on noobs.  So you buy a super low prices, get people excited about a project then the holders dump on noobs.  It's been going on since the inception of alts.

If you must invest I'd probably put most of it in known semi legit options by whatever terms you decide on that have been around for awhile.  And if you insist on joining the "dump on the noobs" arena do it with a fraction of your capitol.

Also understand you're buying into a bull market.  Most alts have gone up at LEAST 10X in the last 12 months.  Bitcoin has gone up 10X in the last 24 months.  ICOs have become a mania.

10K bitcoin or $900 bitcoin by the end of the year wouldn't surprise me.

You can split your funds to investing more type:
1. 20% for holding altcoin potential and old altcoin stable as LTC, XMR, DASH, ETH
2. 20% for new altcoin very potential can invest long-term or short-term as GAME, WAVES, MUSIC, DGB (this coin can waiting new lowest and buy later), LBC, XEM ...
3. 10% if you have "free time" to finding and follow some project ICOs, you can invest
4. 50% use trading everyday, need learning strategy and technical analysic can trading on crypto market, learning keep safe your funds and keep calm to face the storm breakdown, ...

Final training every can helps you have experience to trading long time, good luck!