Really? I prefer not to gamble, but given a choice between (a) & (b), I would choose (b) every time.
a. Odds against you, govt regulated.
b. Uncertain odds (dependent on choices made, changing over time, etc.), unregulated.
Under (a), you're guaranteed to lose eventually. Under (b), you could potentially become good at reading sentiment around the newest types of coins. It's certainly still gambling, though.
Compared to casinos, altcoin gambling is higher risk but also higher reward. If you'd put $50 into each new coin released since 2011, you'd have a lot of worthless coins... but your Ethereum would be worth nearly $12k. Litecoin and OMG alone would add another $1k.
We're still a few days away from launching, but if you follow @coinmercenary on Instagram (or twitter!), we will be posting a single ICO review each day.
The idea is to be your trusted source for ICO reviews. Using a 6 point scoring system, with one review each day, we'll cut through the noise with you.
I've participated in 5 ICOs. I don't recommend buying unless a) the company looks great (like filecoin or similar) and b) you get in at a substantial discount.
What I'm seeing now is even good companies that trade below ICO prices after they hit some of the exchanges. Example is https://www.saltlending.com/
Actually that is probably a better strategy: buying good companies that are down since their ICO.
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[ 402 ms ] story [ 1295 ms ] threadIf you really like gambling, go to a casino: the odds are stacked against you, but at least it's government regulated.
What is more popular is ERC20 crowdsale tokens, which are even less useful.
And now the "forkcoins" - Bitcoin Cash, Bitcoin 2x. We will see what is next.
a. Odds against you, govt regulated.
b. Uncertain odds (dependent on choices made, changing over time, etc.), unregulated.
Under (a), you're guaranteed to lose eventually. Under (b), you could potentially become good at reading sentiment around the newest types of coins. It's certainly still gambling, though.
MicroMoney (AMM) and Licensium (LCX) launch tomorrow.
"click here to add your coin"
Not sure I'd recommend investing...
The idea is to be your trusted source for ICO reviews. Using a 6 point scoring system, with one review each day, we'll cut through the noise with you.
http://www.dictionary.com/browse/mercenary https://www.merriam-webster.com/dictionary/mercenary
"one that serves merely for wages; especially :a soldier hired into foreign service"
:)
What I'm seeing now is even good companies that trade below ICO prices after they hit some of the exchanges. Example is https://www.saltlending.com/
Actually that is probably a better strategy: buying good companies that are down since their ICO.