Invested over $7 Mil in ICO's this month. AMA
I'm a long time user of Blind and a big fan of this community. Haven't seen much interest here about crypto or blockchain. Hoping to shed some light into this space. Will try my best to return and answer every question to the extent of my knowledge. Please keep this thread relevant. #crypto #blockchain #investing
Are broke or billionaire now?
somewhere in the middle. Most of my crypto money is tied up into upcoming Token's. We'll see how it plays out.
Has any ICOs other than BTC, ETH, LTC yield profit yet? Also, what's your take on LTC?
What would you say is the hot newest block chain that would be best for a new comer to get into?
I wouldn't call it a "new blockchain" but the on the Ethereum platform. Kybernetworks was on fire. Just finished their Public Sale (people are expecting 10x) Same with Engima (they are a team from MIT). SALTlending probably went up 30X we'll see. I play mostly in the Ethereum ecosystem. So my bet is that Qtum, Omisego will rally soon. For new projects, Airswap, Ambrosus, SimpleToken, Red Pulse, ICON, StormToken. Storm, you can still get into. Might be a pump and dump though.
What about golem?
I bought btc a couple weeks ago. Should I hold? It's down a bit.
Hold. BTC is widely regarded as a long term game. if you want to risk it a bit, go make an account on Bittrex and buy some gamecredits
I don't agree with buying Gamecredits just based on strategy. Have you dug into their platform? They don't seem to have a direction and their platform uses gamecredits and another currency to purchase apps. They have like six different projects right now. How about focusing on one? It's a poor user experience that's frankly confusing. That should call out enough not to go down that route.
What coins did you invest in?
Bitcoin Ethereum QTUM Gamecredits STOX OmiseGO EOS TenX NEO Basic Attention Token 0x Civic Decentraland Bitcoin-cash Dash Indorse Price movement last 24 hours. 12.98% 15.32% 15.41% 14.45% 3.38% 9.64% 8.02% 5.20% 4.61% -2.03% 10.64% 15.02% 4.69% 13.93% 6.77% Price movement last 7 days -2.78% -0.75% -33.06% -6.44% -20.40% -7.52% -3.72% -16.00% -6.24% 11.60% -16.23% -7.20% #NUM! -10.95% 4.12%
As you can see, we're not in the clear from the whole China ban FUD.
Thoughts on Dash?
Should do well long term. Rumors has it they have some announcements in the pipeline (most do, since they were holding off till the China ban blew over). I prefer to get into early ICO's though.
Do you recommend someone getting into ethereum now?
Yes. Absolutely. Actually last week when the China ban fud brought the prices down. If you get into ETH, you should probably be doing some ICO investing. Just holding, there are better alternatives IMO.
Such as?
Can I have some
Let's be serious.
Here's the deal. Big banks and regulators lose with cryto. If you play, play short term.
Are you telling me what to do?
Correctly called the 30% adjustment and resistance at ~$50 for ltc, good long term purchase now?
Got into BTC fairly early. Also got into ETH at sub $10. $7 million is not my money. We have a syndicate who invests together.
What is the point of being a syndicate? Can you get better OTC prices? Presale min purchase limitations? Otherwise seems like you guys are adding trust risks for little benefit.