I'm hodling 3 BTC and 10 XMR (bought at 0.022). Looking to expand my portfolio with something that performs better.
I want something with longterm value, not a pump and dump shitcoin.
Is ETC buy&hold?
>>2285773
I have about 25% of my portfolio in ETC, bought at an average of about $6. This is based on the assumption/hope that most of the ETH miners will switch to ETC when the Casper POS algorithm is implemented somethime next year and mining ETC will become much more profitable comparatively. Whether or not that will actually happen - only Allah and his profet (pbuh) know.
>>2285884
Now that I've seen your shameless self-bump after only 10 minutes on a slow board such as /biz/ I wish I could delete my post just to smite you.
Also, I hope you're not a muzzy irl whom I have accidentally given valuable advice to.
>>2285890
If the mining becomes profitable, they will sell the coins for their income. That has no particular benefit for the market
>>2285937
/biz/ is not slow, shitcoin threads occupy the first page all the time.
>>2285773
Personally im heavy invested in dgb, sia and ark.
Would recommend you to do the same.
All three are about to moon and also hold long-term value.
Not pure P&D like rdd, moon, bitbean and stuff.
>>2285985
how is DGB about to moon when it has experienced such a violent pump and is now retracing hard? what do you expect it to reach mid-term?
>>2285976
maybe you're right and I'm just stuck in the past. The biz I got to know and love was slow and filled with affiliate marketing threads.
>>2285970
people mine coins for profit and profits are higher if the price rises. that in turn incentivises those who hold those coins to behave in such ways as to facilitate price rises i.e. NOT sell their coins in anticipation of future price increases and hence higher profits.