Im gonna invest 100 euro in IOTA. Currently trading at $3.24 USD per IOTA. The price fell overnight so potentially a good entrance point opening up. Its peak was $5.50.
It’s a slightly different coin in that it uses an evolved blockchain technology called the TANGLE and all coins are available from the outset. As there’s no mining, there’s no fees and transactions are near instant due to the use of the meshed blockchain.
Stuck €100 in Coinbase about 6 weeks ago 50:50 on Bitcoin and Ethereum. As of this morning the account was worth €206. The bitcoin had increased by 260% in that time with the ETH up 40%.
It’s clearly a bubble but the more publicity for the moment the more money chasing it.
Joe Kennedy knew the stock market crash in 1929 was on the way when the lad shining his shoes started giving him advice on which stocks to buy. He got the fuck out.
Seems like there are quite a few spit and polish merchants around. But this time it’s different…
I know somebody who bought them at 20 or 30. Sold them a few months later as he was not allowed trade them. He said if you believe that bitcoin is going to be default currency then each bitcoin is worth multiple millions as only 20m exist.
Reckoned but in every week or month with an amount you can afford to lose and enjoy the ride.