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RE: My Top 10 Cryptocurrency Fails

in #steemit8 years ago (edited)

The "What If" question is irrelevant. When investing, spreading is the word. That means less gain, but also less loses. Basically it means a more or less steady growth of your investments. Looking back and looking at those coins that had spikes, is just wrong. Nobody can predict the spikes, the spikes could have been rock bottom as well. Also on short term it seems that you were not in the bull ride of the alts. But it is riding in an enormous bubble, and sooner or later it'll burst; It'll crawl up again, maybe not all, but the rest does. In the mean time new coins will come to market. In a couple of years most of all the coins out there will be gone, ie zero value and pulled of the market. So, for trading 'bet' on the right ones and stay in a trade only really really short. For investments, be consistent and conservative, since investing longer term is not gambling, or should not be. Take your top 20 coins that will make it in your believe and are still there in 3-5 years time, and invest in all of them. A couple will actually survive and that will be your profit makers and hopefully il'll make enough profits it'll pay for the costs to the other invested coins that will not play a relevant role anymore. I've seen your masternode DASH video of 1 or 1,5hrs and I must say: you were not advising, you were so much trying to convince others that there is only DASH; for that reason I actually did not look at DASH at all; you lost me with the way you were trying to convince others; But I can imagine a lot will follow you. Please be aware how you bring your views, it shall always be looked at from all sides, not just from the positive sides, but also the negatives. Anyway, I hope you'll learned from all the mistakes you state you made. Wish you all the success with the next decisions you'll make! :)