You say DOGE is a turd, but yet, I can use it to buy gold and silver, can’t do that with the rest of them. Oh and I will add it’s backed my actual proof of work infrastructure and merge mined with LTC. So really to me, all of those but DOGE are vaporturds, 😝
Yeah, perhaps DOGE doesn't belong there on the right as much as the rest. Nevertheless, I see no long-term value in holding DOGE, you are dumping it for other assets as well.
Oh I 100% agree with that. I use it as a currency. The LTC I merge mine with DOGE is what I use for my 'savings'. But I am also not opposed to using that either. I also use BTC as currency too. But, these days, I am spending it on more infrastructure to make more coins. The best part about PoW too is that I don't need anyone's vote or permission. I just hook up machines and start mining. Then with the solar infrastructure I am building to back them, that's just all gravy.
For me, land is the only real long term holding, and would happily dump any of my digital and physical coin to buy more land!
Land is king! But back to cryptos, LTC on the other hand could be a bit better investment than DOGE as rumours are circulating that there might be an LTC ETF coming up... this could make it a solid longer term investment
For sure. I have seen those reports too. And the fact that it is seen as a commodity by the CFTC, and the supply cap of 84 million. I have been using LTC since I started the crypto game, and I do see it as silver to BTC's gold in that manner. It used to be my main offramp from Hive-Engine, but now that I am mining DOGE and using that, I have been stacking the LTC again instead of spending it. And since I don't have the resources to go pull metals out of the ground, then I will mine the digital versions, lol.
Yeah, I think that's smart. LTC is battle tested and very useful for transferring assets between exchanges. Might add some to my long term portfolio at some point.
You say DOGE is a turd, but yet, I can use it to buy gold and silver, can’t do that with the rest of them. Oh and I will add it’s backed my actual proof of work infrastructure and merge mined with LTC. So really to me, all of those but DOGE are vaporturds, 😝
Yeah, perhaps DOGE doesn't belong there on the right as much as the rest. Nevertheless, I see no long-term value in holding DOGE, you are dumping it for other assets as well.
Oh I 100% agree with that. I use it as a currency. The LTC I merge mine with DOGE is what I use for my 'savings'. But I am also not opposed to using that either. I also use BTC as currency too. But, these days, I am spending it on more infrastructure to make more coins. The best part about PoW too is that I don't need anyone's vote or permission. I just hook up machines and start mining. Then with the solar infrastructure I am building to back them, that's just all gravy.
For me, land is the only real long term holding, and would happily dump any of my digital and physical coin to buy more land!
Land is king! But back to cryptos, LTC on the other hand could be a bit better investment than DOGE as rumours are circulating that there might be an LTC ETF coming up... this could make it a solid longer term investment
For sure. I have seen those reports too. And the fact that it is seen as a commodity by the CFTC, and the supply cap of 84 million. I have been using LTC since I started the crypto game, and I do see it as silver to BTC's gold in that manner. It used to be my main offramp from Hive-Engine, but now that I am mining DOGE and using that, I have been stacking the LTC again instead of spending it. And since I don't have the resources to go pull metals out of the ground, then I will mine the digital versions, lol.
Yeah, I think that's smart. LTC is battle tested and very useful for transferring assets between exchanges. Might add some to my long term portfolio at some point.