What best coin to invest? - page 5. | Bitcointalksearch.org

joshong

newbie

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Quote from: EvilDave on April 21, 2014, 07:53:27 PM

Quote from: 2Kool4Skewl on April 21, 2014, 02:34:00 PM

Bitcoin and NXT

Yep, BTC for the solid (ish) backbone to your portfolio, NXT for the innovative gamble. (tho I don't really see NXT as a gamble any more, I know whats coming up.....)

NEM looks good for the founders, nice distro, but I don't know if has serious long-term potential. Time will tell, I'm fairly certain NEM will go nuclear when it launches.

My prediction for 2014 is the death of LTC. I got out 3/4 months ago and haven't regretted it yet.

For the rest: look for something with at least a little bit of innovation, make sure that there is a real dev team and community backing in place. Maybe half (or more) of the alts on conmarketcap are just backed up by one sweaty dude in a basement somewhere. (or a raving lunatic...check Marinecoin.)
A coin won't get anywhere these days without a supportive community at least, see Doge for a perfect example.

Why are you not enthusiastic about LTC?

So far, it's been quite constant with BTC pricing. I agree on threading carefuly in choosing alt coins...I got burned with Coinye and Lottocoin in the past. Expensive lesson. Sad

williamevanl

sr. member

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Quote from: 2Kool4Skewl on April 21, 2014, 02:34:00 PM

Bitcoin and NXT

Agreed.

flounderella

sr. member

Activity: 350

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Bitcoin Evengelist

Quote from: Light on April 20, 2014, 07:23:00 PM

IMO don't waste your time with altcoins - stick to BTC and possibly LTC and you should be fine. Just buy some now and come back in ten years when the price has appreciated/BTC is an accepted form of payment. Trust me the rest of the alts are fads; they won't be here in a year.

I have more than 80% of my holdings in BTC, and another 10% in LTC. The remaining 10% is reserved for various alts... These days I'm long Darkcoin, some Doge, and various small trading positions

neuroMode

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Activity: 448

Merit: 250

Myriadcoin - the first multi-PoW coin that solves the centralization of ASICs

gentlemand

legendary

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Welt Am Draht

It's undeniable that there's a ton of money to be made in alts. Whether you get a cut of it is mainly down to luck, timing or being behind the whole thing.

It's a fun distraction with a potentially huge upside. They'll be with us for a long time to come.

Spoetnik

legendary

Activity: 1540

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FUD Philanthropist™

Quote from: Light on April 20, 2014, 07:23:00 PM

IMO don't waste your time with altcoins - stick to BTC and possibly LTC and you should be fine. Just buy some now and come back in ten years when the price has appreciated/BTC is an accepted form of payment. Trust me the rest of the alts are fads; they won't be here in a year.

i gotta agree..

also when i think of investing i think of having little interest in watching market prices non stop and investing long term with no time limit.
flipping any coins short term with out regard to what one etc. is not investing lol

this person asked a brutally vague question i have seen many times before lol

refine your question for a better answer Wink

edit:
Let the hype train roll !
Shell account advertisers will be out in force and gullible nublets pushing their bags are already showing up lol

NXT, NEM etc etc
ohhhh heeeeel no lol

EvilDave

hero member

Activity: 854

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Quote from: 2Kool4Skewl on April 21, 2014, 02:34:00 PM

Bitcoin and NXT

Yep, BTC for the solid (ish) backbone to your portfolio, NXT for the innovative gamble. (tho I don't really see NXT as a gamble any more, I know whats coming up.....)

NEM looks good for the founders, nice distro, but I don't know if has serious long-term potential. Time will tell, I'm fairly certain NEM will go nuclear when it launches.

My prediction for 2014 is the death of LTC. I got out 3/4 months ago and haven't regretted it yet.

For the rest: look for something with at least a little bit of innovation, make sure that there is a real dev team and community backing in place. Maybe half (or more) of the alts on conmarketcap are just backed up by one sweaty dude in a basement somewhere. (or a raving lunatic...check Marinecoin.)
A coin won't get anywhere these days without a supportive community at least, see Doge for a perfect example.

burning94

member

Activity: 62

Merit: 10

Quote from: apsvinet on April 21, 2014, 04:41:42 PM

Quote from: burning94 on April 21, 2014, 04:32:07 PM

NEM - just take a look in that big community - its all I have to say Wink

If that's all you have to say I wouldn't call that particularly good investment advice!

Sorry, my english isn't as good I need to explain you in all details my thoughts Wink

apsvinet

full member

Activity: 224

Merit: 101

Quote from: burning94 on April 21, 2014, 04:32:07 PM

NEM - just take a look in that big community - its all I have to say Wink

If that's all you have to say I wouldn't call that particularly good investment advice!

burning94

member

Activity: 62

Merit: 10

NEM - just take a look in that big community - its all I have to say Wink

apsvinet

full member

Activity: 224

Merit: 101

Quote from: asdlolciterquit on April 21, 2014, 01:27:16 PM

Quote from: reRaise on April 21, 2014, 01:05:11 PM

Quote from: Light on April 20, 2014, 07:23:00 PM

IMO don't waste your time with altcoins - stick to BTC and possibly LTC and you should be fine. Just buy some now and come back in ten years when the price has appreciated/BTC is an accepted form of payment. Trust me the rest of the alts are fads; they won't be here in a year.

Worst advice ever, 10 years?

*

a lot of altcoin will be here in a year!

I wouldn't have the patience to wait 10 years, and it's not necessary if you're just looking to make profit. Wont take more than a few months before you can sell with a couple hundred dollars profit per coin.

2Kool4Skewl

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Bitcoin and NXT

asdlolciterquit

hero member

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Quote from: reRaise on April 21, 2014, 01:05:11 PM

Quote from: Light on April 20, 2014, 07:23:00 PM

IMO don't waste your time with altcoins - stick to BTC and possibly LTC and you should be fine. Just buy some now and come back in ten years when the price has appreciated/BTC is an accepted form of payment. Trust me the rest of the alts are fads; they won't be here in a year.

Worst advice ever, 10 years?

*

a lot of altcoin will be here in a year!

TrollboxChamp

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Activity: 462

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Asiacoin. just hit mintpal

reRaise

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Quote from: Light on April 20, 2014, 07:23:00 PM

IMO don't waste your time with altcoins - stick to BTC and possibly LTC and you should be fine. Just buy some now and come back in ten years when the price has appreciated/BTC is an accepted form of payment. Trust me the rest of the alts are fads; they won't be here in a year.

Worst advice ever, 10 years?

giveBTCpls

sr. member

Activity: 322

Merit: 250

If you want to make legit money you aren't going to get rich wit BTC, you missed the boat.
Your best bet is other decent coins like Blackcoin which have more potential to grow than BTC.

percocet

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Quote from: bryant.coleman on April 21, 2014, 08:49:01 AM

Invest 100% in Bitcoin only. Other shitcoins (such as Ripple, Doge and Namecoin) have value only because of Bitcoin. If the Bitcoin value decline, the shitcoin value also decline. Also, with the China Bust, it is clear that the shitcoin era is over. So be loyal to Bitcoin, and invest in Bitcoin.

I don't think it is wise to go 100% all in on Bitcoin. Bitcoin is a gamble just like altcoins (arguably maybe less so).

How does that old saying go about selling shovels in a gold rush?

In this case, one would want to invest in Bitcoin-related services or products that will utilize Bitcoin's tech.

I see next generation crypto platforms like Nxt, Counterparty, Etherium as being a safer bet than just Bitcoin itself. If you are not interested in these then just wait for new projects involving parallel Bitcoin chains to come around.

mickyd

full member

Activity: 206

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Quote from: Man-aqua on April 21, 2014, 11:42:48 AM

Take all money you got and invest in NEM !!!!!!!!!!

The devs planed to auction about 100 stakes or so off !!!

Thank me later for givin this info. !

+++++++

NXT now, NEM for the future!!!!!!!!!!!

Man-aqua

newbie

Activity: 40

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Take all money you got and invest in NEM !!!!!!!!!!

The devs planed to auction about 100 stakes or so off !!!

desired_username

hero member

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Merit: 1013

alts are only speculative vehicles without any utility.

I know some newbies are attracted to them hoping they will produce growth comparable to btc but mostly they end up ripped off.

Don't waste money on altcoins or crypto stocks. If you cannot mine an alt or get it free then don't bother with it.

Topic: What best coin to invest? - page 5. (Read 5200 times)