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RE: Bitcoin: The Future of Money
I'm holding all of the top 50 coins, by market cap. Just started investing $100/week, split evenly (so $2/coin to each in the top 50 that week).
I ran the numbers, and if I (or anyone) had been doing this since the start of June last year, you would have put in $5,500, and your holdings would be worth $58,124.
I don't think anyone can pick a winner, consistently. So, I figure if they've made it into the top 50 by market cap, they've done SOMETHING right. Good tech, good team, good hype, dumb luck - any could lead to success.
So invest in all of them. Some will tank, but the crypto market, in general, is exploding. This is my poor-man's index fund.
@jaimeguti I'm currently holding almost 600k Sia coin- I believe you must look at the coins with the biggest background project and take them from there. For me, paired with potential returns, Sia is the way to go!
More power to ya! I'm looking into NVo ico, that looks very promising.
@jaimeguti Can't say I have looked into NVo- what's their plan for their blockchain? :)
what do you think the end of the year price will be for sia? i just got around 3000 coins
@tatedewey I expect price to increase by at least another 50% between now and the end of the year- great that you got in! I really believe that all crypto positions should be held for the next 1-3 years AT LEAST! Buy as many as you can, hold them for as long as possible, and you will see a nice return! :)