I agree there but funny enough I put aside about %5 of my stack bout 2-3 weeks ago to day/short term trade. I spent it all on stellar at around the 80c mark and it has sat there ever since. Whole day trading thing not going so well lol
My theory now or more so when the market starts moving again is look to off load the high circulation coins for a profit and only hodl the low Circ coins that have a real value to them.
So short term trade the high Circ ones to make money to invest in the good low Circ ones.
I’m finding coins with high circulation no matter how brilliant just keep getting pumped and dumped.
The total market cap has to move so much for them to even go past a few dollars and first sign of a dip they drop so hard. What are your thoughts on the type of coins to hodl? Got an idea of what a good exit price for Verge and tron are?
tron exit at anything above what you paid for it I think, free up some capital. Great Idea but the immaturity of Justin Sun is halting progression on what will be a great coin in years to come. or Invest in the Tron Dogs and but rare ones and hodl them for a month or 2 and sell them.
verge, now might be a bit controversial but I am a massive verge fan, I mine verge and have hodl every thing ive had since it was under 1c.
Think $1 in next 18 months is very reasonable. that would be when I would want to sell out, plus I would make a small fortune.
well I read somewhere not that long ago that Stellar could get to $50 this year and Cardano $68!!! If you believe those 2 coins with their supplys could do that then Verge could as well.
However back in the real world I think you are right somewhere between $1 and $2 for Verge this year is not unrealistic. Especially since Wraith is now proven to be working.
To Hodl or not to Hodl is the big question for me as Verge alone makes up about %30 of my total holdings. I think you have inspired me to keep the faith and play the long game with it. Nice to hear some positivity on verge from someone!
How does the mining go for you with Verge, easy coin to mine?
yeah I only use 1 1070 Gpu under clocked and Im getting between 50-70 verge coins a day, not bad for just letting it sit there, plus hasnt changed my power bill so just easy accumulation .
And as for those prices take it with a pinch of salt, possible yes but likely I dont think so.
wow, i I have to learn how to mine. that's crazy good. Those gaming pc with 1070 are not too expensive. Can you mine multiple coins at once or does it just slow it down and not worth it?
not really, I just choose one at a time and go from there, I actually wrote a piece on how to mine. go check it out.
nice one, I will