Cryptocurrency – Antshares (NEO)

[Jack123Participant 324]

Hi Gents,

I haven’t posted in a while, been really busy at work and caught up in this crypto-currency craze.

I was introduced to the whole thing by a MGTOW friend of mine who bought Ethereum back when it was $15. As everyone knows now, the price skyrocketed to over $300+. I think he made $200k on his investment.

I did my research and yea, there is plenty of risk investing in cryptocurrency, but I decided to take the plunge. I bought a bunch of Antshares which have recently re-branded to ‘NEO’. I bought them for $3 last week and they are currently sitting on $8.50. The company is being touted as the Chinese -Ethereum and its projected value could be as high as $50 by the end of the year.

This post is intended to give my fellow MGTOW’s my tip on an investment that could skyrocket. Before the endless comments about risk and allegations of scam clog this thread, I would suggest doing your own research on the coin and perhaps watch the price over the next week or two and see if I am right.

[StargazerParticipant 12505]

One of the hallmarks of a good currency is that it’s “value” NEVER changes in relation to the value of the goods or services for which it can be exchanged.

The fact that these “currencies” are ALL ABOUT speculation and have wild exchange rate swings makes them little more than instruments for gambling.

Let me put it this way… if I gave you a pig for five chickens on Monday and then came around on Wednesday and told you that your pig was now worth fifty chickens you would assume that either something terrible had happened to all the pigs or that something terrible had happened to all of the chickens.

Either the chickens have become s~~~ty or most ofthe pigs have died… either way you should not be happy about such a dramatic shift in the value of such important things. Currency is just meant to represent value and the more stable a currency is in relation to the things it can be used to acquire, the better a currency it is.

A lot of pigs will get hoarded and a lot of s~~~ty chickens will change hands in the pigchickenpocalypse I just described and maybe someone will feel better off than they were before, but most people are going o get screwed when it all goes down.

Making money by screwing a bunch of people is what cryptocurrency was supposedly created to prevent… isn’t it? Or is this just another one of those “right the wrongs by turning the tables” kind of deals?

[CarnageParticipant 22113]

I been thinking about buying some criptocurrency and re sell in six month. Take my money And buy gold with it (solid).
Yeah yeah gold is worthless in reality but I rather have gold wich I can see than another thing that is equally worthless and doesn’t exist.

To those following me, be careful, I just farted. Men those beans are killers.

[CarnageParticipant 22113]

And also s~~~ is going crazy I mean, bitcoin? Dash? Ethereum? Monero?
Wtf? There is a new crypto currency out of no where every five minutes.

Valued in X with sustent in nothing… hummm don’t like it, this is a poker game and I don’t know who is the patsy.
Scarry

To those following me, be careful, I just farted. Men those beans are killers.

[MGTOW_MikeParticipant 6253]

Stargazer wrote:

Let me put it this way… if I gave you a pig for five chickens on Monday and then came around on Wednesday and told you that your pig was now worth fifty chickens you would assume that either something terrible had happened to all the pigs or that something terrible had happened to all of the chickens.

Love that analogy brother! It makes things a lot clearer to understand.

A tranquil mind is neither happy nor sad, it is uninfluenced by external conditions.

[Jack123Participant 324]

Did anyone end up taking my tip??

NEO is skyrocketing right now. Currently on $24 and projected to go much higher!

If anyone did take my tip, congratulations, I raise my scotch glass to you!

[calypsoParticipant 68]

Consider selling enough of your holdings to cover your costs. Learn to read a candlestick chart and sell when *bitcoin* tops on the weekly. That way you’re gambling with the house’s money. Call cryptos will fundamentally follow bitcoin. It’s the oldest, most accepted (a requirement for a real currency – most cryptos can’t make that claim), and once Lightning is integrated, it will put downward pressure on the others (notably ETH).

Or, as was mentioned, consider swapping for gold near the top of a Bitcoin weekly sell. But what’s unappreciated. Chasing hot money usually ends badly if you don’t have an exit strategy. Assets go up the staircase, but down the elevator…

[743 roadmasterParticipant]

Lot of people have vested interest in getting these up and running. Personally it reminds me a lot of the tech from the 90’s. No way I was going to invest into Amazon it could not even break even, which went on for years. Now it is b&m that are in trouble.

If you have money you 100% do not need, I would buy and hold, with a bit of a spread don’t want it all on just one pony. The potential return is going to be big.

mgtow is its own worst enemy- https://www.campusreform.org/

[Jack123Participant 324]

Thanks for the advice Calypso.

NEO is now sitting on $50. This rocket is just getting warmed up!

Congrats to all my brothers who got on this one with me.

[HydroParticipant 164]

Jack123 wrote:

NEO is now sitting on $50. This rocket is just getting warmed up!

That’s great. Do you have an exit plan? How do you sell it? Assuming you sell high and make money are taxes due on the profits?

[MrMeParticipant 651]

Neo went down to 37 $ (over -20%) in a couple of days. VERY volatile.

[Jack123Participant 324]

Hydro,

No exit plan at the moment, despite the drop to $37 I’m expecting much higher returns.

I think it’ll be at least $100 by Jan 2018.

[MrMeParticipant 651]

Neo went down to 23.14 $

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