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Old 12-20-2017, 01:54 PM   #145
Krovikan
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Join Date: Feb 2010
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Quote:
Originally Posted by The Fonz View Post
Anyone considering putting down $100 on a bunch of the more obscure cryptocurrencies, and just letting in ride?

I'm talking the ones that are worth $.0001 USD. I'm totally unfamiliar with it all though and don't even know how or where you'd by those currencies, as from what I understand, they're not available on the popular platforms.
Go play a slot machine, you have a better chance. Most of those currencies are probably dead. You need to find a reason to invest in the currency, what does a platform do that Bitcoin or Ethereum aren't. Why is the currency going to succeed? Why is the value going to go up? What does that increase in value look like? What is your plan for getting out? All these questions should be answered before you blindly invest money in a coin.


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