My personal experience and take in cryptocurrency

in #cryptocurrency7 years ago (edited)

I started in cryptocurrency because of two reasons:

  1. the technology and application (blockchain and how amazing it is)
  2. the value of these cryptoassets provide (which could seen in the value of each coin/token)

I have been fortunate to start and invest after much researching and hearing the hype by multiple colleagues and the news of Bitcoin, Ethereum, and Litecoin. The irony was I got into coin mining more and more to see how it all works from beginning to end...

I know I won't write much but I hope in the coming days and weeks, I could share the great things and the bad sides... I want to be address in context that includes the political arena, the supporters, and those who explicitly state that they do not believe in it...

Also, I like to start with the finer things like PoW (proof of works), PoS (proof of stake), and all the things out there that make each cryptocurrency very unique and different..

My recommendations to visit as I follow them:



https://steemit.com/@cryptokristof (I like his candid statement and his DTube and SteemIt really will help you grow your portfolio) https://steemit.com/@cryptocoinnewz (I like his many videos though at times, it feels like more of hype, speculation, and marketing.. I believe he is very honest but it is all based on projection and past history) https://steemit.com/@cryptovestor (I like him because he provides a holistic view and why he would invest or not based on the coin/token's info). https://steemit.com/@davidhay (I listen to him when I started cryptocurrency - especially BitConnect but a bit late.. He is another one that I listen to his insights)

I believe they are two great investors in cryptocurrency.. I listen and read their youtubes (hoping they go to SteemIt).. Hoping people see how much they do their works... Great way to grow in cryptocurrencies

Michael Shimeles: https://www.youtube.com/channel/UCBX__dPYqDFqAN4QcWbnUbw Edward Ornelas: https://www.youtube.com/channel/UCj05KcdZnAmZTTeVBLk6J8g

He adds a great twist of humor with great insight with cryptonews...
Doug Polk Crypto: https://www.youtube.com/channel/UC4sS8q8E5ayyghbhiPon4uw

I like him a lot because he provides with the whole market (commodities, stock, cryptocurrencies)
Mike Maloney: https://www.youtube.com/channel/UCThv5tYUVaG4ZPA3p6EXZbQ

You could see I do a lot of reading and research with context when I make purchases..

Books I recommend reading when investing:
Cryptoassets The Innovative Investor's Guide to Bitcoin and Beyond - Chris Burniske and Jack Tatar
The Intelligent Investor - Benjamin Graham

If you like to help me (new customers who sign on, note, Coinbase and RobinHood is for US customers)



https://hashflare.io/r/E4B2B49B https://www.binance.com/?ref=12988026 https://www.coinbase.com/join/5a335b11c8e14c01faa8a45b (free $10) https://share.robinhood.com/davidr2554 (free share)

Referral to Coin Faucet & Credit I use (seem to legit with research and will confirm)

I like this and I just choose the coin and accrue activity points
https://www.earncrypto.com/earn-free-antshares/?r=166970 (I am collecting Antshares/Neo on that site but you could get various).. I have been running video activity and get .000012 - .0000014 Neo per 3 commercials (it might stop of inactivity and screensaver.. You could download apps for more points)...

Done every hour
https://freebitco.in/?r=11632932 (Free bitcoin - site with lottery and rewards.. I have been using it and seem real)

Just close out the pop-ups



https://coinfaucet.io/Account?r=i4BSdx2Ml08 (Free Ripple and similar to Bitcoin above- just close out the pop-ups quickly) http://ethereumfaucet.info/ref/0x2173031e7874da5701233804b32fb3f5786eecb6 (Ethereum - need to connect once per 30 days) http://neofaucet.info/ref/AYvGDKEVvXwfyP2KWHuXKCFR6krKzpRWtt (Neo - need to connect once per 30 days) http://stellarfaucet.info/ref/GAHK7EEG2WWHVKDNT4CEQFZGKF2LGDSW2IVM4S5DP42RBW3K6BTODB4A/1095323569 (Stellar - need to connect once per 30 days)

I am into GRC (Proof of Research with my days with SETI@Home.. I do PoR and PoS with GRC) - Download GRC Wallet

http://www.gridcoin.ch/faucet.php https://www.gridcoinstats.eu/faucet.php

Was recommended by others but I do not believe it to be working
https://qoinpro.com/ (Not sure if they changed but I had a hard time getting things out of the wallet and do not believe it really works)...

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin11785.900$2.34%1.84%
ETHEthereum1245.340$11.63%18.67%
GRCGridCoin0.101$-1.4%-0.23%
XLMStellar0.635$2.95%37.11%
XRPRipple1.414$15.24%1.85%

Great information and resources. I was actually able to learn a few new things myself.