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RE: History of cryptocoins, and being a bagholder - My story - Episode #3 - eToken

in #steem8 years ago

Crypto like start ups, most will fail but if you pick carefully it can be a very lucrative investment. The hard thing is not to give up because of one failure.

Also obviously important not to be all in in a start up as one failure will be your last.

But you know all this and more than most of us because you have come through failures and are still kicking

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I can tell you from my experience in Crypto. If I would have been investing/trading the last 3 years in only Crypto I would had over 300%-500% returns. I can't say the same for the stock market with very low or negative returns. The key in Crypto is diversification and not getting caught up on some coin that has no special use reason or in business we call that competitive advantage.

yeh true. Well there where many failures :D to learn from. Now the quality of new coins and services is way higher. Like steem(it).

So many failures but that's the nature of the beast. You only need one win a year as mentioned previously you're on top. BTC, ETH for example were very lucrative for those that got in early. Next up IMO are singulardtv.com, Gnosis.pm and akasha.world pick one of those and invest smallish (5 BTC max) and you'll have a healthy return within a year. 2016 Q4 is the age of the killer
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