The problem is to choose: Ethereum or BTC

If you had to bet on JUST ONE #crypto coin (not Bitcoin or Ethereum), which #altcoin would you bet on?

 

I only own blue chip crypto now but I have dabbled in the alts.

If I had a different outlook or was required to mess with the alts I would probably pay attention to crypto chatter,see whats getting attention,bet small but look for 10-20% moves.

Its actually an interesting space if you have the risk appetite for it.

If you are a good trader with an effective trailing stop strategy you may even be able to nurse those 10-20 percenters into 80-100 percenters on occasion.

 

Bait and switch post

 

If you pressed me for one name,I would suggest researching Algorand.

Full disclosure,I dumped my(small)holding but it still looks good on paper and has some good chatter.

Good luck.Let us know what you jump into.

Copying the guru @johnarb for more ideas.I believe he had success with Pepe and others.

 

Theres always some sucker taking the bait! haha

 

I bought 100k Dogecoin when it was .05 cents and cashed out when it was .58. I got my self a Lotus Evora with that trade. I don't think it really matters because all boats rise with the tide (Bitcoin)

The most important part is the multiple that's what alts are good for. 5k would have bought me .35 Bitcoin or something...I think it was around 15k at the time. so .35*50k =17k...that's not Lotus money.

 

I guess that's the type of trade I'm suggesting.

Grabbing a quick 10% move when the ducks all line up.Probably give yourself a 5% stop and then gamble.

 

I hope you got it in black but I've got a feeling you're a blue man.

 

fuck the stop. I didn't even know Dogecoin had moved...I almost forgot I had it.

 

Oh no it wasn't an Emira...they weren't out yet. Those are nice...I put myself on the waiting list. It was an Evora. Correct though, yes I am a blue man with yellow calipers...3.5-liter V-6 manual.