a reply to: FamCore
I'm afraid not. I've never heard of them but then there are SO many cryptos out there... I stopped messing with all of it when Cryptsy went rogue.
I figured with all of my crypto gone, there really wasn't a point to getting back into it. After watching so many exchanges doing the same thing to
people who trusted them, it's become more of a gamble with a decent chance of getting ripped off.
People say "Don't leave your coins in an exchange! Keep them on your computer in a wallet!". The only problem with that is, you can't buy and sell
with crypto in a wallet offline. It's like saying, you're safer to have your money in your piggy bank than a real bank. You'll never see interest
I've also heard of many accounts where people are just getting ripped off by virus while keeping their coins in a local wallet. There's always ebay
also but people are getting ripped off there as well.
My advise.. If you want to play with it like I did, don't spend a lot of money. Throw maybe 20 bucks at it that way if you get ripped off, it wont
be that much. Play the market, buy sell trade your coins. Watch the trends. Prices change every second. It's a lot of fun! It really is. Just
don't think you're going to get rich or buy a car off of it. Treat it like a game and maybe, just maybe... you'll get something good out of it. My
step brother asked me about it not all that long ago and I told him the same. He threw 100$ into it and bought bitcoin when it was loooow. He put a
little bit more in here and there until he was able to buy a whole coin. I told him to take it off the exchange and put it in a wallet OFFLINE on a
computer that was never plugged into the internet. Well, he didn't go that far but he did store it. Today it's worth soooo much more than that and I
told him to sell it now because soon, it will fall. Right after, China did what it did and now the price is going down. Other countries will follow
One prediction I have for China. They will confiscate BitCoins next after they're done shutting down the exchanges. They're going to sell those
coins and keep that money. Anyone knows that if a country opens their doors to any crypto, bitcoin's price goes up. That's exactly why the price has
shot up from 300 to 5000 in such a short time. Watch THOSE trends and it will tell you what to do next. China may have been playing this all along.
They close down their exchanges, the prices plummet. They confiscate and open doors again and the price will go up. It's better than the current
currency market so why not
Especially when you, your own country can knowingly affect prices at will.
Back when I was playing, I watched a crypto I had JUST TRADED for another coin shoot up... had I waited an hour, I would have made 50K. However, an
hour later the price fell back down to below what it was prior. Treat this as a game!!! You'll give yourself a heart attack and hate yourself for
life if you dont! lol
When I lost all of my hard work buying a selling to cryptsy, I was sick because not long after prices went up on everything... all my hard work stolen
from me. I don't even want to tally how much it was all worth now. It'll just make me more sick and angry. I rather not have that stress.
Good luck though. Remember... Watch those trends! It can be a lot of fun. Research what the coins are and what they're used for and most
importantly, where they're being used.
My Fave Chart List