You can buy CAD which Trudeau will print endless amounts of, eroding value, or a cryptocurrency with a fixed value and numerous advantages. It's a no-brainer. Hodl the magic internet money.
I hold silver too, yet it's not about to make me a millionaire. My silver holdings are up maybe 200-250% on average since purchase, while crypto is up over 2000%.
Mostly a scam, with some interesting technological/blockchain ideas that have no impact on the value of each coin. You can make (or lose) some money if you get lucky but that's harder than you think, given that Elon & the rich buyers need to make a profit and that profit's gonna come from regular investors.
The main problem is that the paper fiat money is backed by the governments who require you to pay taxes and if you don't they have very real and tangible guns and jails. So until they decide to make us pay in some crypto, it's essentially worthless. Also if they do, the governments will just make their own cryptocurrencies instead of the ones we have now.
Exactly, this isn't 2017 anymore. Do research, and realize that there are at least 50 good projects out there, and another couple hundred decent, but likely going nowhere projects. The rest are all shitcoins. Never buy a coin less than 500m market cap. Research your shit. Hell, even stick to the big 2 coins and you'll do fine.
Buy a bot, that's the only way you can really get ahead. I run my bot 24/7 on futures, making shorts and longs. It uses a small percent of my principle (around 0.1%) to make 0.1% a day., ends out being about 6% gain every thirty days.
So if you have, say, 10k in a futures account, your bot will make you around 10$/day, but sometimes 60 or 70$. Today it's 8am here, and my bot is upto 40$, so today's a good day.
It's slow, but reliable. And good interest. Just have to keep a computer running with a reliable internet connection 24/7 to be able to use it.
What's the point?
The bot gives me between .1% and .6% of balance a day, in total. If I split my balance up into ten smaller accounts, and ran ten bots, i'd still make between .1% and .6% of my balance a day, in total.
I can link my 30 day performance if you'd like. I bought it at full price, but it makes me about a grand a month with my balance. I paid full price for it, the 30% off sale isn't normal. Decent investment to get into it, but it pays off after running it for a while, depending on your balance. I'm on Binance Futures right now and you can do it manually too.
Simply use small amounts (if you have a 100$, shot and long with 1$ max) a few times a day, and you'll be around .1 and .6% in now time. Reason for the small amounts is if the market swings (which it will) you can double up about 30 times.
Later on, put in on a crypto visa so the government can't see your profits.
I put a very small amount in late (February) at all time highs. Purely a speculative play, but I wanted to figure out the crypto game and be ready in case it is sensible to put more into. I am starting to understand its potential but the hype around it is very dangerous, lots of personalities manipulating prices, pump and dumping, etc. so it's a gamble. I try to ignore alt coin hype and stick with mainly with BTC and ETH, some side bets with ADA, DOT and DGB. The trading fees and capital gains tax are a bit ridiculous.
You can buy CAD which Trudeau will print endless amounts of, eroding value, or a cryptocurrency with a fixed value and numerous advantages. It's a no-brainer. Hodl the magic internet money.
I hold silver too, yet it's not about to make me a millionaire. My silver holdings are up maybe 200-250% on average since purchase, while crypto is up over 2000%.
*supply, my bad.
Then buy ethereum. E- is in ample supply with nuclear. Bigger issue is in event of worldwide collapse without internet, crypto is fully useless.
Mostly a scam, with some interesting technological/blockchain ideas that have no impact on the value of each coin. You can make (or lose) some money if you get lucky but that's harder than you think, given that Elon & the rich buyers need to make a profit and that profit's gonna come from regular investors.
The main problem is that the paper fiat money is backed by the governments who require you to pay taxes and if you don't they have very real and tangible guns and jails. So until they decide to make us pay in some crypto, it's essentially worthless. Also if they do, the governments will just make their own cryptocurrencies instead of the ones we have now.
Just my opinion though.
Exactly, this isn't 2017 anymore. Do research, and realize that there are at least 50 good projects out there, and another couple hundred decent, but likely going nowhere projects. The rest are all shitcoins. Never buy a coin less than 500m market cap. Research your shit. Hell, even stick to the big 2 coins and you'll do fine.
5 year veteran here.
Buy a bot, that's the only way you can really get ahead. I run my bot 24/7 on futures, making shorts and longs. It uses a small percent of my principle (around 0.1%) to make 0.1% a day., ends out being about 6% gain every thirty days.
So if you have, say, 10k in a futures account, your bot will make you around 10$/day, but sometimes 60 or 70$. Today it's 8am here, and my bot is upto 40$, so today's a good day.
It's slow, but reliable. And good interest. Just have to keep a computer running with a reliable internet connection 24/7 to be able to use it.
Couldn't you just have multiple bots then?
What's the point? The bot gives me between .1% and .6% of balance a day, in total. If I split my balance up into ten smaller accounts, and ran ten bots, i'd still make between .1% and .6% of my balance a day, in total.
This is the bot I'm using
I can link my 30 day performance if you'd like. I bought it at full price, but it makes me about a grand a month with my balance. I paid full price for it, the 30% off sale isn't normal. Decent investment to get into it, but it pays off after running it for a while, depending on your balance. I'm on Binance Futures right now and you can do it manually too.
Simply use small amounts (if you have a 100$, shot and long with 1$ max) a few times a day, and you'll be around .1 and .6% in now time. Reason for the small amounts is if the market swings (which it will) you can double up about 30 times.
Later on, put in on a crypto visa so the government can't see your profits.
I put a very small amount in late (February) at all time highs. Purely a speculative play, but I wanted to figure out the crypto game and be ready in case it is sensible to put more into. I am starting to understand its potential but the hype around it is very dangerous, lots of personalities manipulating prices, pump and dumping, etc. so it's a gamble. I try to ignore alt coin hype and stick with mainly with BTC and ETH, some side bets with ADA, DOT and DGB. The trading fees and capital gains tax are a bit ridiculous.