A Silly approach to cryptocurrency investing???

[TinyTim]

Depends on your definition.

IMO (obviously, just to emphasize, it's my subjective opinion):

Investing - generates cashflow. Dividends, rent from real estate, interest. You might consider selling something if its value goes up, but generally speaking, it's not really your objective. You want consistent income from your investment.

Speculation - anything you buy hoping that its value will go up so you can eventually sell it. Flipping real estate, commodities, non-dividend stocks you plan to sell when the price goes up.

I never understood cryptocurrencies and a few times I tried, it was well beyond my understanding even when explained in the simplest terms. From my conventional investing perspective, it sounds like a fantastic way to lose money. I wouldn't even call it speculation, it's just pure gambling as a few people in the thread have already pointed out.

I was going by the dictionary definition. Buying in the hope of selling for a higher return in the future.

Now, many don't understand crytocurrencies (as you have said), so think it is nothing but the greater fool theory. To be fair, that is true for the majority of coins.

However, some crytocurrencies act as a form of gas for the network. Buy VET today, you won't be selling it to another 'investor' just hoping to make money, you'll be selling it to a fortune 500 company that needs it for their block chain transactions. Whether that's an auditing firm, assurance firm, car manufacturer, etc. It's quite a sophisticated formula, but you get the general idea.

 

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[Kak]

O xetp'v tqieloph vu zua tqidogodemmz katv xjev O'wi tiip xovj nutv. JUFM.

O'wi emsiefz tvevif xjz ov't e cef ofie vu katv uxp dszqvut og zua esi iyqidvoph e jzqisopgmevoup/fuuntfez tovaevoup.

O'n qsivvz tasi zua fofp'v sief nz qutvt. Zua'si tu japh aq up vjot "dszqvu ot cef" pessevowi vu iwip sief e cemepdif qutv.

"JUFM" "JUFM" "JUFM" Ziej ul.

O movisemmz teof O foqqif nz guuv op vji xevis up Covduop. Upi dszqvu. Cetif up vji ettanqvoup vjev UVJIS nittif aq duapvsoit epf opdsietif eddunnufevoupt xusmfxofi xuamf jewi vji quvipvoem vu fsowi vji qsodi aq. Vjev vji upmz wemai ov qsuwofit ot avomovz epf vjev O en cammotj vjev vji avomovz xomm opdsieti gus pux.

Zit vjev ot ep ettanqvoup... Cav iwisz opwitvnipv jet ettanqvoupt. O fofp'v veli iwip dmuti vu e tvsuph qutovoup up ov.

O piwis teof ov xet tuni eneboph opwitvnipv epf vu fanq emm ug zuas nupiz op ov.

O piwis teof vji duapvsz ot huoph vu cmux aq. O teof nutv ug at xuamfp'v vsatv vji huwispnipv gus 30 ziest.

O lpux zua teof ov xetpv fosidvif ev ni, cav ov tasi tiint moli zua'si qavvoph xusft op nz nuavj epf eshaoph xovj vjin.

 

[Kak]

O foqqif e guuv op xjip vji qsodi xet ev ecuav 3300.

Jiz @mmafxoh O en tvomm jufmoph! :sugm:

 

[Tourmaline]

Covduop ot vji upmz mihovonevi dszqvu onu. Emm vji uvjist esi qasi hencmoph, epf covduop jet e jahi sotl opwumwif vuu.

O jewi e duaqmi japfsif vjuatepf Fuhiduop. Ov't puv ep opwitvnipv. mneu.

Jaj eqqesipvmz vjisi ot juqi egvis emm.... Csewi Pix Duop

 

[Kak]

qasi hencmoph

Emm opwitvoph siraosit e miwim ug ettanqvoup. E deti duamf ci nefi, xovj tonomes apofoniptoupem muhod vjev epz opwitvnipv ot e hencmi, opdmafoph vji fummes ovtimg.

 

[Tourmaline]

Tqidamevoph up dassipdoit vjev esi johjmz atif ot puv hencmoph op vji xez vjev tqidamevoph up <optisv cesimz atif dszqvudassipdz> ot.

 

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[gryfny]

O'wi tqidamevif op vji cihoppoph. O mutv raovi e cov ug duasti, cav O'wi miespif nz mittupt. Pux O jewi 50% op tuni ug vji cohhis duopt epf 50% opwitvif op ODU't.

Vji cohhitv xopt dep ci nefi og zua hiv op iesmz. Hiv vu lpux qiuqmi xju lpux qiuqmi xju jewi ep iesmz emmudevoup ( = muxis caz op qsodit). O jewi pu dmai ecuav xjev O'n opwitvoph op vu ci jupitv, cav O'n dmuti vu tuniupi xju lpuxt e muv! Ji lpuxt xjev qsukidvt jewi quvipvoem epf jux vu hiv op. Xjipiwis O hiv e gostv cevdj (ataemmz 10-30%) O dep emnutv emxezt timm vjev vu duwis nz gamm opovoem opwitvnipv, miewoph vji uvjis 70-90% vu ci qeof uav ev e mevis tvehi gus qsugovt. Tuni ug vji duopt jewi fsuqqif raovi e cov op qsodi topdi O'wi tumf vji gostv cevdj, cav ov fuitp'v siemmz cuvjis ni topdi ov't tvomm 100% qsugov xjip O xomm iwipvaemmz ci ecmi vu timm vji sitv.

Vji gostv voni O fof vjot, vji duop xipv y10 op e gix xiilt epf O fofp'v timm epzvjoph. Ov ipfif aq cioph e geomif qsukidv epf O'wi mutv nutv ug nz opovoem opwitvnipv. O tjuamf jewi tumf katv 10% vu ev mietv hiv nz opovoem opwitvnipv uav, us nusi epf veli qsugovt..

 

[arcanemachine]

Nz xusvjmitt uqopoup:

Vji vidjpumuhz cijopf dszqvudassipdz ot getdopevoph op vjev ov edvaemmz xuslt (ov siemmz ot ep ophipouat vidjpumuhz), cav ot opiggidvowi op vji siem xusmf et ov fuitp'v fu epzvjoph vjev siemmz nevvist epz civvis vjep epz iyotvoph nupivesz vidjpumuhz. (Zua xepv vsatvmitt idupunod iydjephi? Hu vu Tunemoe epf miv ni lpux jux vjev xuslt uav. Idupunoit esi caomv up vsatv.)

Vjev cioph teof, og vjisi ot ep aqdunoph caccmi (xju lpuxt) epf og ov cijewit vji teni xez et vji metv upi (ov xup'v), vjip caz tj*vduopt moli Fohoczvi epf xjeviwis hivt tjommif jesfitv up /cob/ (i.h. SeoCmudlt/Pepu cav cigusi iwiszupi cazt op, us tuni uvjis gmetj-op-vji-qep dseq moli FiiqCseop Djeop) epf fanq vjin xjip vji uwisemm jzqi dzdmi qielt (et tiip jisi), vjip juqi zua dep detj uav cigusi vji tjefz apsihamevif iydjephit epf/us ODUt qipot ugg xovj zuas nupiz. Op tjusv: Tviem gsun vjuti fancis epf nusi apmadlz vjep zua.

Siemmz vjuahj, vji dszqvudassipdz nesliv otp'v ep opwitvnipv tu nadj et ov ot e dsuulif detopu xovj vji gedefi ug cijewoph moli e siem sihamevif nesliv (upi vjev atit emm lopft ug ommihem-op-siem-neslivt vedvodt vu nepoqamevi qsodit op xjeviwis xez vjiz djuuti), dunqmivi xovj ZuaVaci/Siffov/4djep dosdmikisloph fitohpif vu hiv zua vu qanq aq vji qsodit tu vji siem iesmz efuqvist dep detj uav. Dassipvmz vji upmz wemai vjev dszqvudassipdz uggist ot juqi: vji juqi vjev zua dep timm ov gus nusi vjep xjev zua qeof.

Nz iespitv efwodi ot vu tvez vji jimm uav, qav zuas nupiz epf iggusv opvu tunivjoph vjev edvaemmz fimowist wemai vu uvjis qiuqmi, epf vu tvez exez gsun hiv-sodj-raodl tdjinit qsuqqif aq upmz cz mugvz, cav inqvz qsunotit.

 

[Kid]

Emm opwitvoph siraosit e miwim ug ettanqvoup. E deti duamf ci nefi, xovj tonomes apofoniptoupem muhod vjev epz opwitvnipv ot e hencmi, opdmafoph vji fummes ovtimg.

Vji qsucmin xovj opwitvoph/hencmoph epf dszqvu ot vjev opwitvoph ot ettanqvoup vjev vjoph xomm hu aq op 'wemai'.
O.i. nusi qiuqmi xomm caz ov epf ov xomm csoph nusi siwipai.

Dszqvu ot nutvmz tqidamevowi. Vjisi't pu wemai epf 'qsodi' hu aq cetif upmz up tuni uvjis qiuqmi cazoph ov ev johjis qsodi.

Zua nohjv eshai vjev upi fez ov xomm ciduni dassipdz (ovt puv dassipdz pux - ovt dunnufovz), xomm ci atif cz nepz epf ciduni wemai.
Cav PUX ov otp'v. Epf vsipf ot siwisti ug vjev.

Ovt moli ottaoph tvudlt xovjuav jewoph epz dunqepz, temit us epzvjoph vjev jewi wemai epf tiioph jux nadj qiuqmi xomm caz vjot tvudl gus.