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Re:Litecoin and Ethereum buys and sells are temporarily disa... by ericsoderstrom on Tuesday December 12, 2017 @09:27PM (#15911537)
What about people who bought pets.com or webvan stock, or any number of countless stocks which soon became worthless?
Re:Litecoin and Ethereum buys and sells are temporarily disa... by njarboe on Tuesday December 12, 2017 @11:50PM (#15912097)
Most coins will become close to worthless, but many will survive and support whole new industries. And this time it looks like it wont be an ad supported future, thank $DIETY.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by Mtinie on Tuesday December 12, 2017 @11:53PM (#15912104)
That’s a risk on any day of any calendar year. We can find points and counterpoints to prove any scenario.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by ericsoderstrom on Wednesday December 13, 2017 @01:07AM (#15912386)
That was my point... OP had cherry picked the examples of microsoft and amazon to support the claim that buying and holding cryptocurrency through a bubble is a smart investment, which is of course absurd.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by deepGem on Wednesday December 13, 2017 @03:35AM (#15912915)
What I meant was that if you distribute your money across all cryptocurrencies even if some of them become worthlesss you won’t have anything to regret, in he long run. I don’t know if anyone who had the foresight to cherrypick MSFT and AMZN. Most of them invested in the tech basket. This is just general diversification principle nothing new