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RE: The REAL value of Bitcoin

in #bitcoin7 years ago

Awesome insight , i have recently bought some ico and cant wait to see the waves start happening .

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What ICO? I don't quite understand

I bought an "initial coin offering " called plexcoin waiting till launch day to see if i can retire . An ICO is pre sale before a crypto hits the market . :)

I know what ICOs are but what has that to do with the topic of the article?

Any coin could become the next bread winner , bitcoin had a similar launch price to all of them , i was just using a new one as a similarity , . J have a little invested in bitcoin , but its to expensive to get whole pieces . Your article touches on bitcoin only but some of these altcoins may be better bread winners for the early investor . Thats sort of what i was getting at . When people think that bitcoin was so small and insignificant just 7 years ago , most were calling it a scam , but i feel that any alt coin could be the next big one is all . Sorry for the confusion .

Ahh I see. No this article was definitely not meant to be investing advice of any sorts. By all means, diversify! I actually hold more ETH than Bitcoin at the moment. I am sure most of the cryptos around today will be forgotten about in a few years actually.
I tried to touch on the fundamentals on why one should support projects like Bitcoin and the issues it can solve. Unfortunately nowadays many people just see crypto as a get rich quick scheme

Im definatly a buy and hold em kinda guy lol , there for sure are people that think of it as get rich quick , however ; i more hope that 20 years from now i can retire off my cryptos .