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RE: My Current Crypto-Investment Portfolio - See what coins an intermediary cryptoinvestor is invested in
Seems nice but I don't like ICO investment, I prefer mining and I hold my coin .
It's just like if you are a gold investors you should go for bitcoin or ethereum, if you want to invest in companies you can go to ICO.
Few of the ones mentioned above are in the ICO stage though. Only EOS? All the other ones are out of ICO stage.
I used to mine from home with my home-built miner in 2013/2014, and agree it's pretty cool to mine as opposed to buy. However, energy costs and hardware breaking down made it so I couldn't compete unless I mined at a loss in the hopes of making gains from future price growth. Nowadays there is cloud mining alternatives, but as far as I can tell it takes quite a while to get a good ROI and as always, mining difficulties adjust and create variables that I don't like. With mining I feel like if you put in $1000 it will take you a while to earn $1200, but with trading you can put in $1000 and turn it into $1200 next week if you're smart.
I think Bitcoin is like gold yes, but Ethereum is more like oil/fuel. I think the term crypto_currency_ is misleading because only the first generation blockchains like Bitcoin, Litecoin, etc. are intended to be used as a kind of currency. Second generation, like Ethereum, is more like a platform than a currency, and third generation blockchains (DAPPs) are indeed like owning shares of a business (or infrastructure).
I like that though. Can't wait until fourth generation, or maybe the governance-crypto's are the fourth generation already.
Thanks a lot, i really liked you reply even more than the original post. and i liked your portray on ethereum as its just like oil and then com a second advance product from oil :)
Please keep one the good work and thanks for sharing your knowledge and experience.