/biz/ - Business & Finance

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I'm done crypto-daytrading Anonymous Mon Oct 23 14:32:49 2017 No.4016932 [Reply] [Original]

What are some good long term holds? Day trading is too many scams and too much bullshit involved so I'm just going hold the most legitimate tokens/coins and switch over to regular forex trading. I have only 1k to spend and I don't mind diversifying.

>>	Anonymous Mon Oct 23 14:34:22 2017 No.4016951 >>4016932 Walton

>>	Anonymous Mon Oct 23 14:34:33 2017 No.4016954 >>4016932 Litecoin Also, WOOOOOOOOOOOOOW

>>	Anonymous Mon Oct 23 14:35:11 2017 No.4016961 >>4016932 Just admit your bad at trading. Its okay anon, 90% of traders fail. Now for long term holds. >btc >eth >neo >omg with these you can sleep at night

>>	Anonymous Mon Oct 23 14:36:56 2017 No.4016982 File: 77 KB, 576x768, 0tAZh2pZtDivYt17ctivDuKWXnoH3No53bc8W6Pd8FI.jpg [View same] [iqdb] [saucenao] [google] >>4016951 top kek, no OP, better hold REQ

>>	Anonymous Mon Oct 23 14:38:11 2017 No.4016999 >>4016932 Omisego.

Anonymous Mon Oct 23 14:40:16 2017 No.4017020

>>4016932
COSS. Sorry for the pasta but it explains it better than I can:

https://medium.com/@coinsoncoins/the-bull-case-for-coss-why-it-is-not-unreasonable-for-coss-to-go-up-39x-63d0f5fbbdea
> "Now lets assume that COSS gets to the trading volumes of Binance, another very new exchange, which launched in August and 2 months later already has volumes of approximately $100mm/day. If COSS did the same, that would mean volumes of ~$36.5b volume/year, where $73mm (0.2%) would get distributed to 93mm tokens, which amounts to $0.78/year/token. At the current value of COSS at $0.20 that amounts to a ~400% fee split allocation/year."
>"Assuming that investors drive up the price of the COSS token until it yields a 10% yearly fee split allocation, that would value the COSS token at $7.80, a 39x return from where it currently trades."
This doesn't factor in that only coins held on the COSS exchange (or contracted in a MEW wallet) are counted in the fee split. So when you don't include things like the Etherdelta and HitBTC (etc) wallets, you can probably multiply the above numbers by 2x or more.

>>	Anonymous Mon Oct 23 14:40:33 2017 No.4017025 EBOOST, have huge announcement coming, 10x easy. Don't miss out now

>>	Anonymous Mon Oct 23 14:41:09 2017 No.4017033 >>4016932 With only 1k i would either put it all into BTC, VTC, or WTC. That's too little to really diversify. You're gonna make like a couple hundred bucks tops. If you can put up like 3-5k I'd say >>4016932 40% BTC 20% WTC 15% NEO 15% OMG 10% VTC

flower Mon Oct 23 14:42:58 2017 No.4017047

>>4016932

s̨̼̳̙͔ͭ͂͒ͭͩͬ́o̴̱̜͓̜̫͚̜̗̠ͣͬͣ́̕r̺͕̊ͫ̓̚r̴̺͚͖̓̐͂ͦ̉͑̈ͤ̍y̞̺͉͉̒̀͌̇ͯ̽̓̏̀͜͢ ̢̧͙̯̀ͯ̈́ͣ̆̕ỵ̛̮̮̗̔̑̾͒͡o̢̨̼͇͔̥̽ͩ͗ͦ̈́ͨ̎́u̠̖̠̳̰̼̬̍ͯ̋͆ͦͮ̚ͅ'̧͇̰̠̤̣̩ͤ̓͌̃ͣ͊͐͒ŗ̙̼͔͎͖̝͍̤̍ͯę̘͚ͧͯ̇̀̓̑ͪ ̸̘̱̉͋̎ͦ̏̾̌r̢̛̹̝̥̜̦ͩͣ̈ͩ̌̈́ͪ͗e͔͓̍̍̂ͬ̽ͦ͡t̵̯̆͒̑ͬ̍̆̄͒͟a̵͚͇͎͈̖͎̪̺͊̌̑̆͑̄͞r̶̤̣͍ͦ͛̽ͦ̄̎̽ͨ͡͠d̟͖͈̯̼̥̞͛ͪẽ̞͙̝̪̦ͧ̕d̴̺̟̥̮͖̔ͩ͐͑ͩͯͩ̎!̺̮̮̼͙̥̜̭̃̔́͜͝ͅ ̴̛̮͕̙̖̊̿͑̓ͩͯ̚<̶̶̳̻͍̘̣̥̠̬̈́͂̎̔̇3͕͍̺͕̦͙ͭ̍̈̎ͪ́ ̴̝̦̖̌̏ͮ̂͋́<̘͂͋̈ͦ̈ͪ͘͢͡3̛̬̞͔̫̺̯̯̽͂̄̀ͅ ̸͔̳̬͔ͧ̂͒͒≮̨͕̩̦͔̥͖̆͆͋̍͞ͅ3̧̳̺͇̮̈́̀͝

>>	Anonymous Mon Oct 23 14:43:38 2017 No.4017052 >>4016932 I have 1k until the end of the month and currently I'm all in eboost. Also nice side nipple

>>	Anonymous Mon Oct 23 14:43:53 2017 No.4017056 omise go

>>	Anonymous Mon Oct 23 14:45:05 2017 No.4017069 >>4017033 THIS

>>	Anonymous Mon Oct 23 14:47:56 2017 No.4017100 >>4016932 >Too many scams How can you get scammed over a period of 24h? Clearly you're doing something wrong

Anonymous Mon Oct 23 14:54:11 2017 No.4017188

>>4017020
Binance's becoming popular was nothing short of a miracle.
>Good team and ridiculously well-thought whitepaper and coin
>Great UI in chinese and english
>First exchange to provide GAS
>Working product by the NEO megamoon
>Only exchange to have walton and link by the time interest in these two spiked

Do not assume any exchange can pull off what they did. There are a shit-ton out there and only a couple are relevant

>>	Anonymous Mon Oct 23 14:58:32 2017 No.4017241 Board the Ark, sinner

Anonymous Mon Oct 23 14:59:30 2017 No.4017253

>>4017188

I hated Binance when it came out. I bought $500 worth of BNB at ~$1 and immediately regretted it thinking I bought a shit exchange coin. Ended up selling around $1.80 after it tanked from $3 and went back to Buttsex.

I've now moved everything from Buttfux except XVG and VTC to Binance because I love their Pro exchange UI.

Wtf I love Binance now.

Anonymous Mon Oct 23 15:00:51 2017 No.4017270

>>4017188
While I overall agree, the 'coin grants profitsharing from exchange' is a massive carrot to dangle. COSS and Kucoin are the only two exchanges (that I know of) that do this, and they are both likely to get huge from it. People have a real vested interest to shill the exchanges.

Also, all it takes is 1 or 2 good ICO listings to propel an exchange like that into the top fold.

>>	Anonymous Mon Oct 23 15:08:17 2017 No.4017361 would someone be kind enough to post sauce on op

>>	Anonymous Mon Oct 23 15:10:35 2017 No.4017396 >>4016932 Bitcoin!

>>	Anonymous Mon Oct 23 15:11:18 2017 No.4017405 >>4017270 WSX too.

Anonymous Mon Oct 23 15:13:05 2017 No.4017423

Coss literally already gives ~15% a year returns just from current interest in it alone. Small projects like coss are valuated based on hype, not value. It's a good indication of

Just how much of a fuckton of money exchanges make

And just how completely and hopelessly undervalued COSS is.

>>	Anonymous Mon Oct 23 15:14:52 2017 No.4017452 >>4016932 Love the pic! Buy Ardor https://www.coinist.io/ardor-vs-ethereum/

>>	Anonymous Mon Oct 23 15:15:44 2017 No.4017468 Swarm City

>>	Anonymous Mon Oct 23 15:58:27 2017 No.4018116 SALT is the best long term hold other than BTC, anon. People will always want loans to get more BTC.

>>	Anonymous Mon Oct 23 16:09:12 2017 No.4018279 File: 67 KB, 156x172, hmm.png [View same] [iqdb] [saucenao] [google] >>4016932 >reverse image search >top link is 'asian mega big ass' >it's a medium ass at best

>>	Anonymous Mon Oct 23 16:59:57 2017 No.4018923 this girl is Asian

>>	Anonymous Mon Oct 23 17:07:30 2017 No.4019007 >>4016932 you have maybe a few hours to get some link before it is gone from binance. apparently everyne is now a hodler and those who sold are stupid fucks.

>>	Anonymous Mon Oct 23 17:12:35 2017 No.4019077 >>4018279 >it's a medium ass at best By Black standards maybe. Decent but nothing special by White. It's pretty mega for Asian standards though.

>>	Anonymous Mon Oct 23 17:43:38 2017 No.4019473 >>4016932 Btc, xmr, dcr, ltc.

>>	Anonymous Mon Oct 23 17:46:21 2017 No.4019518 >>4016982 Terrible advice

Anonymous Mon Oct 23 18:09:44 2017 No.4019865
File: 73 KB, 1000x525, AlRSWAP.png [View same] [iqdb] [saucenao] [google]

>>4016932
You asked for a good long term hold. I say:

>AirSwap (AST).

Why?

>Currently very undervalued. Price below ICO level due to Bitcoin Gold fork.

>Backed by Joseph Lubin (cofounder of Ethereum), Mike Novogratz (former hedge fund manager with 250m net worth), and ConsenSys.

>Low market cap. Currently around 40m USD with 0.26 price. Minimum 2x gain is easily a no brainer.

>Solid team and solid idea. AirSwap beta DEX will be launched in 2 weeks according to Oved (CEO).

Thank me later.

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