kjironman1
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Hey everyone.
Not sure if there is something on here about the Crypto Currencies or not?
Obviously if you are investing at all you have been watching BitCoin taking a huge run. Currently sitting at about 56K a coin.
BitCoin got a bit expensive for my liking so i looked for a trust on it and found one that is going up but it's only a portion of an actual coin and they take their money off the top. The return has been about 40% over the last 3 months which isn't bad at all but it's not at the rate of the coin itself. They also charge me to buy every time and cashing out as well.
I decided to buy Ethereum. this is a different animal than Bitcoin. Where Bit is like a commodity like Gold. Ether is more like a platform that supports the vehicles that mine the gold Or the energy they mine it with.
What turned me on about Ether was more the price beings i could actually afford to buy a whole coin and enjoy the benefits of it growing then continue to buy more on a monthly basis as it grows.
It seems after a decade of these being around they are not going to just completely fail and are probably the wave investors should be at least putting a percentage of their investments into?
Do any of you have any experience here good or bad? What percentage of investments are you looking at? I am only thinking of staying in the 5-10% area at this point but if this continues to grow would probably go higher.
How about transferring back to actual CASH. I'm using Coin Base so that seems like the most stable.
Just starting a conversation on this.
Thanks
Kjironman
Not sure if there is something on here about the Crypto Currencies or not?
Obviously if you are investing at all you have been watching BitCoin taking a huge run. Currently sitting at about 56K a coin.
BitCoin got a bit expensive for my liking so i looked for a trust on it and found one that is going up but it's only a portion of an actual coin and they take their money off the top. The return has been about 40% over the last 3 months which isn't bad at all but it's not at the rate of the coin itself. They also charge me to buy every time and cashing out as well.
I decided to buy Ethereum. this is a different animal than Bitcoin. Where Bit is like a commodity like Gold. Ether is more like a platform that supports the vehicles that mine the gold Or the energy they mine it with.
What turned me on about Ether was more the price beings i could actually afford to buy a whole coin and enjoy the benefits of it growing then continue to buy more on a monthly basis as it grows.
It seems after a decade of these being around they are not going to just completely fail and are probably the wave investors should be at least putting a percentage of their investments into?
Do any of you have any experience here good or bad? What percentage of investments are you looking at? I am only thinking of staying in the 5-10% area at this point but if this continues to grow would probably go higher.
How about transferring back to actual CASH. I'm using Coin Base so that seems like the most stable.
Just starting a conversation on this.
Thanks
Kjironman
