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The point with cryptocurrencies is that it's a coin with two faces, the technical side and the speculative side, and most of the time one is not related with th
by roberdam 9y ago
The point with cryptocurrencies is that it's a coin with two faces, the technical side and the speculative side, and most of the time one is not related with the other, and makes no sense for us technical guys because the tech is not related to the valuation.
BUT if you understand that there are two (non related) faces of the same "coin" (pun intended) , you can use your technical expertise to have an edge on the speculative side, why all the craziness with crypto? check out this stats:
https://icostats.com/roi-since-ico https://icostats.com/roi-since-ico
Where in the world you can bet 1000$ and earn 1.000.000$ ? , Are all ponzi schemes? Definitely many are totally scams but many of them are here to stay as a part of the future.
Now do this exercise, pick a number from 1 to 100, done?, go to this link and check your crypto with the number you pick searching it by the first column.
https://coinmarketcap.com/historical/20170101/ https://coinmarketcap.com/historical/20170101/
Write the coin the price on January 2017, now go to :
https://coinmarketcap.com/ https://coinmarketcap.com/
And check If you had bought 1000$ at the first price how much did you win or lose today, you can answer this exercise if you want here!.
My point is, why not use our technical expertise to separate the wheat from the chaff?, understanding that you are playing on the speculative side with the help of your tech expertise the odds are in your favor.
What do you think?