Who thinks crypto in general will only go up? Buying five garbage coins and holding them for a decade will still yield a huge profit.
You're a fucking idiot. Look up pets.com, this no different. A few gems in a heap of dung
>>2578578
Yeah but these are virtual currencies not businesses or even really shares
>>2578548
BTC will only go up just as long as nothing else replaces it
personally I'm hoping something does replace BTC, I need to get on a train
>>2578594
yes but the general principle is the same - there's a disruptive, amazing new technology (Internet, Blockchain) and the market is initially filled with tons of hysterical, overhyped half baked ideas. Initially they all do ok because the underlying belief in the new tech is so high but in long term only a few will ever thrive.
>>2578594
and they are not all virtual currencies DO SOME RESEARCH JESUS.
>>2578640
What are they?
>>2578667
Ideas using blockchain technology, like SiaCoin is decentralised cloud storage and LBC is a a competitor to YouTube. You're just gambling on penny stocks if you don't know this
>>2578689
the coins are the currency for that tech tho.
siacoin ->you offer a service as in place on your hard/drive and mine coins in return.
>>2578548
>5 coins
>POSW, DGB, cage coin, dogecoin and fedoracoin.