This is my new cryptocurrency strategy, I am going to do 6 monthly plans and stick to it, Ive realised ive lost a lot of money trying to play the market and chasing the highs so its just buy and hold from now on.
I think i stand a better chance of holding if set myself an acheivable goal on paper. some people will probably look at this and think thats not a lot of money but its all subjective, others will look at it and only dream of having that amount, I work hard and to me thats a fair amount of money (which i could afford to lose)
Again people will look at my choices and think they are strange but ive done my research and i beleive in these tokens long term. I beleive funfair will go over $1 in a couple of years.
The only one that worries me is EOS, ive done a lot of reading but still cant figure out if the coin actually does anything
As you can see from the picture the FAQ is vague. I really like Dan Larimar but he is working for a company called blockone, They seem to have a lot of private investors as well as a huge ICO but i just cant work out where the money is going to be made. I watched an interview on the #DollarVigilante Jeff Berwick (great channel btw) and Dan didnt really coment on the use of coins. It may be more beneficial investing in the dapps running on the EOS platform.
The other thing that is worrying about EOS is the ICO was run on the etherium network so at some point that 200 million is going to get dumped back into the market and crash the price of etherium ( a smart man would guess it will be at the time EOS launches)
I may be wrong and would appreciate some enlightenment if anyone knows. Im sure the price will rise because of FOMO but what are you spending your money on ?
As for chaincoin that was a joke, i wouldnt invest in a hyped sh!tcoin as ive seen people saying they have lost $10-15k, they are trying it again with linda coin and im sure people will fall for it and lose their ass again.