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RE: My Current Crypto-Investment Portfolio - See what coins an intermediary cryptoinvestor is invested in

in #cryptocurrency7 years ago

Seems nice but I don't like ICO investment, I prefer mining and I hold my coin .
It's just like if you are a gold investors you should go for bitcoin or ethereum, if you want to invest in companies you can go to ICO.

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Few of the ones mentioned above are in the ICO stage though. Only EOS? All the other ones are out of ICO stage.
I used to mine from home with my home-built miner in 2013/2014, and agree it's pretty cool to mine as opposed to buy. However, energy costs and hardware breaking down made it so I couldn't compete unless I mined at a loss in the hopes of making gains from future price growth. Nowadays there is cloud mining alternatives, but as far as I can tell it takes quite a while to get a good ROI and as always, mining difficulties adjust and create variables that I don't like. With mining I feel like if you put in $1000 it will take you a while to earn $1200, but with trading you can put in $1000 and turn it into $1200 next week if you're smart.

I think Bitcoin is like gold yes, but Ethereum is more like oil/fuel. I think the term crypto_currency_ is misleading because only the first generation blockchains like Bitcoin, Litecoin, etc. are intended to be used as a kind of currency. Second generation, like Ethereum, is more like a platform than a currency, and third generation blockchains (DAPPs) are indeed like owning shares of a business (or infrastructure).

I like that though. Can't wait until fourth generation, or maybe the governance-crypto's are the fourth generation already.

Thanks a lot, i really liked you reply even more than the original post. and i liked your portray on ethereum as its just like oil and then com a second advance product from oil :)
Please keep one the good work and thanks for sharing your knowledge and experience.