Is it too late to be getting into crypto?
Honestly feels like most of the gains have already been had, everyone is talking about it... Even some older folks i know who don't know anything about the concept have bought in. Am i wrong? Currently invested in xvg, xrp, lyc, bcc, eth, powr...Should i just dump it all our keep it? Would love to hear from folks who've been in the game for some time. Thanks!!
I am hodling
Why? Do you believe there are going to be massive gains? When did you buy in?
Hodl
Sell
Why?
Hdol
HODL
If u holding xvg then I have some bad news for you buddy
No double down, time to go all in. Take cash out of your property too and put that in. Kids college fund? Why not put that in too and double your monies.
In the US tax law changes mostly good for growth of the markets however wondering what the feeling is about treating crypto to crypto exchanges as the sale of securities with tax implications and how in the world they will track that? Coinbase / Gemini are opening up the investment max to 10M from 100k and being vetted by J.P. Morgan and others to handle institutional money. Goldman Sachs creating crypto trading desk. TD Ameritrade opening up more exposure for larger retail investors etc. all bullish to me for 2018. Coinbase adding additional new tokens in 2018 also bullish as it will create more press and awareness. I see the US increasing volume in 2018 however concerned that South Korea and other countries may clamp down with possible tax implications. I think at some point 90-95% of the alt coins are gonna crash pretty hard. A lot of mania and inflated valuations being dumped into companies without a working product etc. I have been asking colleagues, friends and family members in my social circles of about 1,000 people and about 1% seem to be involved so still has room to grow imo. Groups I see involved are developers, forward thinking investors, Silicon Valley, day traders, people that are part of illicit businesses, and some milenials. You should check with your social groups and get a feel. But consider that exchanges can’t keep up with the new signups currently and in bubbly frothy markets there is money to be made even if most of the companies evaporate at some point.
This is awesome. Thanks for your insight
I’m in more than I should be lol. If you need some philosophical support on going crypto read The Internet of Money off of Amazon. It’s a few years old so a lot of the statements are no longer valid, but I view the general trajectory of the adoption curve that the author outlines as credible.
WHO is „adopting” it? All we have are speculators
You think this is speculation for Venezuela who's using Bitcoin for their livelihood?
How much are you up on ur shitcoins
Portfolio is up 50% roughly
Hodl