RE: China bans... Invest in it! Part 2
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China bans... Invest in it! Part 2
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Yes, I've heard about it, but it's hard to choose, who to believe to when it comes to price prediction.
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I try to keep a balanced portfolio, 30%BTC, 10%ETH, 30% midcap like steem and my 'love' BLX of Iconomi, ICN of course and 30% risky stuff, MCO, MTL, SNGLS, ... as soon as any goes over my pre-defined limit, i rebalance buying BTC and some cash. I can say this portfolio more or less follows the total market cap, last year was a nice one!
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from Jameson Lopp:
Welcome to Bitcoin, newcomers! Here's your FAQ:
Q: Who should I trust?
A: Nobody.
Q: When should I sell?
A: Never.
Q: Is Bitcoin dying because ____?
A: No.
Q: What have I gotten myself into?
A: Nobody knows.
Q: How do I learn more?
A: https://lopp.net/bitcoin.html
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Haha okay that's hard to argue with!
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Nah, I'd prefer replacing that 30% BTC with XMR. Principle reasons, but still.
Sidenote: MCO is way not risky in the long-term if you ask me. If that project won't skyrocket, I'll be genuinely surprised.
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Thanks, i already decided at my next rebalance i will accumulate some privacy coins inclusing XMR. What the darkweb likes, usually becomes mainstream later.
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Usually it happens when the tech behind is actually good.
Needless to say, whan this kind of stuff works out well, that discovered in the underground at first
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