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Started By
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2
Posted on 8/14/18 at 7:22 am to RATeamWannabe
Exercising my bagholder's right to pointlessly bitch and moan
Posted on 8/14/18 at 10:14 am to jmcwhrter
Posted on 8/14/18 at 10:37 am to RATeamWannabe
NEO is under $15 holy shite.
Posted on 8/14/18 at 11:16 am to dawg4lyfe
OMG is $3.00
makes me sick. Then I check ICX lol
makes me sick. Then I check ICX lol
Posted on 8/14/18 at 1:12 pm to TigerDeBaiter
Debated and started with 10k. If it works great. Don’t see it going to 0. If it does the other hedges I have should pay off.
Posted on 8/14/18 at 8:40 pm to PEPE
Having a bit of a rebound today.
Posted on 8/14/18 at 8:46 pm to tiggerthetooth
Fess up...who is still holding IOTA?
Posted on 8/14/18 at 8:48 pm to Douglas Quaid
Hell no, not me.
Posted on 8/15/18 at 6:46 am to Douglas Quaid
I never bought but liked idea of the project back when it was tracked .03 a token
Posted on 8/15/18 at 7:44 am to RATeamWannabe
quote:
If you think this isn’t going to rebound, or you think the tech is dead, then why are you even in this thread?
short sellers
Posted on 8/15/18 at 9:29 am to mrgreenpants
I have a little bit of money in Ethereum and Bitcoin, both of which are down. Would you move out of Ethereum completely and all into Bitcoin? I would like to at least get back to even at some point.
Posted on 8/15/18 at 9:40 am to Douglas Quaid
shite im still holding everything because I hate myself and money. I hate IOTA more than all of it though. Just hoping to wake up one day in 2020+ and check my account and see its worth $2.00 so I can ditch it
Posted on 8/15/18 at 12:17 pm to RATeamWannabe
Just curious, why do you hate IOTA more than the rest?
Posted on 8/15/18 at 12:21 pm to Douglas Quaid
just personal, it was the coin that taught me FOMO
Posted on 8/15/18 at 1:42 pm to RATeamWannabe
Keep holding it. You may wake up in 2020+ and find it to be worth much more than $2.
Posted on 8/15/18 at 2:11 pm to Douglas Quaid
quote:I really don’t understand either line of thinking, UNLESS one believes that it will be better than all other investment options, whether crypto, equities, real estate, etc.
Keep holding it. You may wake up in 2020+ and find it to be worth much more than $2.
It doesn’t matter how much it’s worth now compared to when it was purchased. All that matters is what is the best option for that value right now going forward.
It’s the disposition effect (unnecessarily sell gains; unnecessarily hold losses). It’s a flaw in decision-making that we probably are all inclined to make; however, I feel like it’s extreme in the crypto investing due to the volatility (it can happen again; trying to time things), the relative limited information to guide decision making, and the fact that it seems to be more attractive to younger, less experienced investors than traditional investment options.
This post was edited on 8/15/18 at 2:18 pm
Posted on 8/15/18 at 4:14 pm to buckeye_vol
quote:
UNLESS one believes that it will be better than all other investment options
Looks like you already answered your own question.
Within the crypto-sphere I believe IOTA to be the most promising option. As with anything and everything, that is only one opinion and one that can certainly be wrong. Time will tell.
Posted on 8/15/18 at 10:07 pm to Douglas Quaid
quote:Yet, the other crypto developers seem to think the opposite, or they think it’s counter to a major purpose of cryptocurrency. Your stance does make sense though, but the poster you responded to doesn’t seem to be very optimistic.
Within the crypto-sphere I believe IOTA to be the most promising option.
Rehadless of one’s optimism, the problem is that, there is no good way to separate the broader technology from the currency, nor a good way to judge the companies making the technology. It would be like investing in a tech company but buying some new technology that is still hard to truly measure its value and also not being able to see which company is doing a better job as a company itself in addition to the technology.
We can look at Apple and see they rarely if ever create the absolute best technology or create it first, but they do it all well enough and do all the important business stuff well too.
This post was edited on 8/15/18 at 10:09 pm
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