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2275d
today I made an important decision... after watching Ryan Charles video talking about BCH I sold: vet, nano, bytom, eos, sia, gnx to get more BCH. My goal is now to shrink from 40 coins to BCH + 4 - 5.
replied 2275d
Why would you hold 40 coins? I'm asking seriously. Could you show how it increases the gains?
replied 2275d
I built this portfolio in 1 year... icos and altcoins. 4x of my investment during last December. Now focusing to few. Time has changed
Barricade
replied 2274d
I'm doing the same, wanna get rid of most coins that will be dead in less than 2 years.
replied 2273d
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granted, here the average return is being brought down by many shitcoins.
replied 2275d
What video? Do you have a link?
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sure!
replied 2274d
Excellent video, thanks @framore
BitcoinHoarder
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My favorite video this month!!!
replied 2273d
Agree there is a strong network effect for money but if coins can be exchanged with little friction I can see multiple coins coexisting.
replied 2273d
Have there been studies on competing money? Until now each country only had one money because that was declared by the gov.
replied 2273d
good video. do you think monero is a quality coin? not sure same anon functions can be added to BCH. though XMR is tough to use.
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Zcash is my choice
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The coins gaining traction are the coins that are gaining meetups. Meetups are extremely important for adoption. ZCASH only has 12 meetups in the entire world. No interest.
replied 2273d
ZCash will be added in Coinbase, it had been featured in some kind of NY regulatory outline.. meetups can be important but I wouldn't only take it as a criteria.
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I disagree. I think it's one of the most important criteria's because it gets people out in the public spending it as cash. I look at the meetups of all the coins.
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Ok I respect your opinion, but I went to many meetups and usually only BCH has the cash attitude.
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You Sold eos? Hehehe. No doubt, BCH is one of the survivors, or the possible vision of satoshi.
replied 2275d
yes eos, wouldn't done it? Selling sometimes is also an opportunity, it can be down next week and I could do some cheap shopping
fyfiul7
replied 2275d
congrats, no point in diversifying as only one coin will succeed (highly likely to be BCH)