Bitcoin down 60%, page-46

  1. 1,312 Posts.
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    There would be many coins/tokens that would or should be worthless as well as many stocks on the sharemarket.
    There would be many coin/tokens that have good applications as is there many stocks.
    So no one can say all cryptos or all stocks are worthless.

    It is a matter of finding good ones at a good price.
    Advantage of cryptos is they are trading 24/7 and many have large vol and large swings which is ideal for traders.
    Disadvantages are some have been hacked so security is an issue.
    I am waiting for blockbid which is a Melbourne based company which will have your coins/tokens fully insured against being hacked.
    I also have a holding of their tokens and they have a market cap of around $3.5 mill USD while say Kucoin has a m/c of $6 to 700 mill.
    I would favor a coins or token that has appllications and potential revenue and profit rather than plain currency.
 
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