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17
Is Crypto currency worth investing in?
posted 4 years ago by StormSailor 4 years ago by StormSailor +17 / -0

If so, which? I would like to purchase a bunch of the cheaper crypto so that if/when it rises in value I may get something out of it. Anyone know a good one to invest in?

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▲ 4 ▼
– DeMaria 4 points 4 years ago +4 / -0

USD is dying. I loaded up as much as I could of GME, silver, and a little bit of crypto. I'm holding onto as little USD as possible as it is a horrible investment. Purchasing power dropped ~98% since 1913. I don't think we will be using USD at all within a couple of years. The sooner the better.

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– flowbrother 4 points 4 years ago +4 / -0

yes AND no

Do NOT 'invest' ANY of your money at this point. Rather invest time and effort into understanding WHY Bitcoin has become what it has.

Understand that Bitcoin is a revolution. It is NOT an investment.

It is a global, silent, bloodless revolution, where for $100 to buy some BTC and NEVER sell it, becomes something you CAN DO to unseat the self appointed gatekeepers of money.

Once you get over the bankster led media narrative that Bitcoin is some kind of iNveStMEnT into some sort of 'digital asset', which gets bought/sold/valued in terms of [their] fiat money, and realize the unthinkable - that Bitcoin is the world's first and ONLY medium of exchange that cannot be dominated or controlled by any one group of permissioned people, well, then you will be mentally prepared to lay down some fiat to purchase it.

Do NOT go forward with the investor mentality. YOU WILL GET BURNED,

There are over 10,000 Bitcoin-wanna-be coins to choose from to hand your money over to and you will.

Watch ALL of Andreas Antonopoulos videos. He's the geek that made this techno-babble understandable for the rest of us.

Once you get it....... the WHY Bitcoin is taking over, you will be much better prepared to surf the bankster created pump and dump crypto schemes as an investor.

You'll see that patterns.

With ALL wanna-be coins, understand that NO ONE is interested in them other than to gEt riCH wiTH tHe nEXt biTCoin. EVERYONE involved is only interested in taking their 'winnings' and storing it in BTC.

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▲ 4 ▼
– ThomasMaker 4 points 4 years ago +4 / -0

Short term to try and earn some money, sure.

As a secure place to put money?

NO!!!!!!!!

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▲ 2 ▼
– anton_chigurh 2 points 4 years ago +2 / -0

u should check out Terdcoin, frendo. it's Da Bomb. u will make 37% in days

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– Based_in_Space 2 points 4 years ago +2 / -0

Loopring LRC is interesting.

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▲ 1 ▼
– magabeard 1 point 4 years ago +1 / -0

https://files.catbox.moe/36dnuf.png

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– StormSailor [S] 1 point 4 years ago +1 / -0

what's that

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– FetAnka 1 point 4 years ago +1 / -0

Gold value vs Bitcoin value estimated from usd value.

It goes down for two reasons, A. Bitcoin goes up in value much faster than Gold, B. Because gold is not convenient to trade, banks sell fake gold certificates which inflate the gold price, this because they can sell more of those than the amount of gold they have in their vault.

If gold trading was only done with real actual gold, the gold price would be much higher and more volatile.

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▲ 1 ▼
– ParkingLotRanger 1 point 4 years ago +1 / -0

Loopring and GameStop are likely to announce an NFT marketplace in the next few weeks. Loopring (LRC) is currently at 2.59 each. If the marketplace is announced, which looks likely, the token will go up in value, probably. Who knows, it’s crypto, but this seems like a good play right now.

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▲ 1 ▼
– Qanaut 1 point 4 years ago +1 / -0

I try not to shill crypto projects, but since you asked... $RVP.

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– deleted 1 point 4 years ago +1 / -0
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– deleted 1 point 4 years ago +1 / -0
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– robchaw 1 point 4 years ago +1 / -0

I feel like crypto is just false hope. I don't believe it is going to be the currency moving into the future. I do believe physical assets like Gold & Silver will make a come back soon. That's just my opinion though.

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▲ 2 ▼
– flowbrother 2 points 4 years ago +2 / -0

It's nott your opinion.

It is your belief.

Study up.

Watch Andreas Antonopoulos videos in order to understand why Bitcoin is NOT an investment and does not compete with gold and silver, but rather is becoming the medium of exchange by which you will purchase gold and silver.

The crypto as an investment narrative is designed and pushed by the bankster establishment. [THEY] are terrified of one thing ONLY.

That 100 million AmeriCANs will STOP using [their] money, will cast off the real yoke around our necks, cut [them] out of our transactions and realize true freedom.

You'll be glad you did.

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– FetAnka 2 points 4 years ago +2 / -0

Banks and government will tolerate neither. Future of currency is slave currency only, some sort of digital food stamps, carbon credit basically. The future of money will be whatever works best on the black market. And as long as we live in a digital world that is crypto.

Imagine trading in gold on the black market:

  • How do you know for sure the gold is real, and not some other metal wrapped in gold?
  • How do you divide a piece of gold into smaller fractions to match supply/demand price more exactly?
  • How do you secure your gold if someone comes to kill you only to steal your gold?
  • What if you get robbed, you weren't supposed to have gold in the first place so nobody will help you.
  • Where do you hide large quantities of gold, and how do you transport them safely?
  • How do you trade with people far away?

None of those problems exist with crypto.

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– sillBag 1 point 4 years ago +1 / -0

Yes. Buy SHIB. and Hold it until 2026.

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– magayd45 1 point 4 years ago +1 / -0

XRP

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– flowbrother 4 points 4 years ago +4 / -0

There is a reason why in the OG community it is known as the great rippleoff.

Catch up.

You still stuck in 2016 bankster scam.

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▲ 1 ▼
– ArtPunk138 1 point 4 years ago +1 / -0

Check out Shiba Inu. AMC is talking about accepting it in 120 days. Still fractions of a penny to buy it

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