Right now my investments is around $1k+3 gpu cost around $2500. I've been holding for a couple months, but now it seems the growth is over. There just doesnt seem to be more people who want to pay $10 for some imaginary coin. Should I cash out my initial investment and let the remaining $1.5k just sit there?
I feel like crypto is useless, except maybe XMR for all the junkies buying drugs. There's no reason for it, and after Wednesday crash people will stop selling their houses and buying bitcoins.
And right now bitcoin is useless anyway because of transaction fees.
I feel like the time when people bought lambos is over, and all the people who invested will wake up holding the bag and realize they have useless shit coins
Justin Richardson
Depends how much you value your initial investment mean to you. If its a lot to you, then take it out, better safe than sorry. If it doesn't mean much to you, just let is sit there and hope it goes up.
Risk vs reward (your choice)
Austin Cook
...
Gabriel Hill
Its just fun money I'm not stupid to sell a house for bitcoins lol. But still if I end up holding the bag I'll just hate myself for being an idiot
Nathaniel Torres
you at the bottom fool
people said the exact same thing about the internet.
think. you use vpn, crypto'll do it better, you torrent? crypto better. you send money to gramma back in the bled? crypto cheaper. you money launder? crypto safer. you drug, crypto cheaper and safer.you vote? crypto better. you wanna sell shit(even immaterlal)? crypto. you no wanttaxes? crypto. you want porn? crypto. you can't into advertising?crypto mining. you can't into publishing youtube? crypto.
i ain't even started
Aiden Brown
XMR takes care of all of that. Why do we need eth, neo, btc and 10,000 different kinds of shitcoins?
James Butler
Having many types of coins makes u feel richer
Isaiah Sanders
>you at the bottom fool
Ryder Moore
So far I'm not convinced
Dominic Powell
no log scale baka
Kayden Brooks
>tfw crypto can't find any real use case in any of those after 10 years
Luke Miller
Most cryptos are either useless or currently unfinished, based on speculation. But there are a few selected cryptos that are actually gonna have an impact that's gonna be similar to the internet. All in all this is no different from the stock market, except that most stocks are penny stocks.
Then get out with your candy money, kid
Charles Barnes
what crypto is going to have an impact?
Colton Morales
Whichever one I'm shilling today.
Robert Martin
sell while you can this is going to be a long ride to the bottom
Liam Martinez
no but seriously i always hear that "crypto is the new paradigm" but what's the matter really? we already have enough shitcoins and we already have "digital payments" with visa etc are smart contracts the real thing? i really don't get it how it can be the next big thing
Levi Miller
ETH (or some competitor) - trust-free code execution. So far been kind of a gimmick, but with performance improvements and oracles I'm expecting it to find more real-world use. There are some areas such as legal business that do actually benefit from decentralization XLM (or maybe XRP if they get their shit together) - global value transfer protocol. Moves money between any two parties with no explicit trust required, basically for free and fast. That's an improvement for most cross-border value transfer that's happening currently. Enables trustless trading and cross-currency payments.
Anthony Watson
"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"
Ryder Thompson
>we already have "digital payments" with visa etc All expensive because you are at the mercy of the providers. Decentralized transfer protocols enable cheaper transfers and lower the barrier of entry for competitors.
Besides, most of these things don't work in third-world countries. I bet Venezuelans for example would use any crypto over their currency
Asher Ortiz
wouldn't we all like to know?
we need smart contracts, but no idea which one will survive (does it even exist yet?). we need fast, cheap and scalable money. AND ALSO FUCKING TRUSTLESS SO NOT XRP YOU SACK OF SHIT. so which one? we need privacy coin. which one? are they even safe yet? they thought tumblers were ok (dumb fucks).
Blake Ortiz
crypto will be the building block of the internet. think internet before govt control, before centralization, if you're not excited, you're way too young.
Jacob Howard
Sell it all, then kill yourself in a year or two.
Daniel Allen
i'm excited about these easy gains but i can't see the big impact of this new tech we will see
Jace Smith
Did you fucking read the spoonfeed I gave you?
Luke James
You need eth to buy items on ethercraft.
Joshua Anderson
you trollin francis? decentralized energy/data marketplace?
no more electricty/IS providers, all peer to peer?
free market with no possibililytrtukyty of law enforcement. is that not big?
how can't you see the fucking possibilities?!
Eli Price
Ok will HODL for now. But if it dips again I'm seriously going to kick you're guys' asses :/
Liam Sanders
if you need convincing just sell it
Nicholas Gomez
Holding XMR? You're probably good but don't get surprised if btc dips
Jason Ramirez
you dont even have real money in this shit. You can make that money back with a shitty part time job in a few weeks.
If you had serious money in id understand, but for you the upside is bigger than the downside
