[Thejarrod]

I'm not investing in crypto because i dont understand it. for those who do, how do you evaluate a coin? is there a measure of value? something equivalent to Price/Earnings? or is it more like speculating on the future demand, which would be more like investing in art or classic cars?

 

[Allan-00]

@Thejarrod it's like if you were to invest in a startup or small business. You are placing a bet on the future use(demand) of the specific coin. This is with a long term time horizon. Short term I'm sure somebody can tell you what they are looking at to make a quick buck.

 

[TulsaFan]

I was seeing SAFEMOON and ADA being tossed around as long term potential "lotto tickets."

I have ADA and am looking to add more, but I missed out on buying XRP. I think it will jump significantly if it clears the SEC investigation.

 

[Girls4green-beginner]

Toronto has crypto in index funds on TSX

 

[TulsaFan]

Any suggestions on websites to follow regarding crypto? My dabbling has increased and so have the stakes.

 

[BobLovesGrass]

For those curious CoinBase has some options for you to learn about a few coins and get $3-10 worth of each.
Easy enough and gets you engaged and begining to apy attention.

 

[TulsaFan]

For those curious CoinBase has some options for you to learn about a few coins and get $3-10 worth of each.
Easy enough and gets you engaged and begining to apy attention.

I have earned my $38 in lessons. However, I think most of the money is going to be made before it ever gets to coinbase...such as on uniswap while the coins/tokens are cheap.

I ask my peers and it amazes me how many are completely out on crypto.

 

[tdcarl]

My biggest positions are in Algorand (Algo), Cardano (ADA) and VeChain (VET). I'm more bullish on Algo than most. It's probably not going to the moon any time soon, but it's more likely to still be around in 5-10 years than a lot of other projects. Plus the governance rewards are shaping up to be pretty nice.

 

[TulsaFan]

The Dallas Mavericks inked ta deal with Voyager Digital. The Mavs are giving away free bitcoin worth $100 to anyone who downloads the Voyager Digital app until Oct. 30 at 11:59 p.m. CT. Here's the details...

Who doesn't need free BTC?

 

[Lapya]

It is interesting to find out different points of view on this question. I still haven't invested in crypto. Of course, I regret that I didn't do this when the prices were much lower. But I'm not sure it is high time to invest in crypto right now and what coin to choice.

 

[Thejarrod]

Good for you. I am minus 8k at the moment. Decided to get my money back by opening a company in Europe https://tet.lt/estаblishment-of-a-company-in-lithuania/ and making some extra side cash. Fingers crossed it will work for me this time.

I wish you good luck on your Lithuanian investments. If there is anything more risky than crypto, it might be a direct investment into a foreign company.