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I am officially all in (well half in) on #cryptocurrency
@freemo
why and with what?
@lucifargundam The mid february to early march mini nasdaq crash fueld crypto (tends to be negatively correlated, this doubled down with pypals recent adoption of cryptocurrency in both online checkout as well as venmo, which is a huge breakthrough in actually seeing it used as an everyday currency. So thats why im moving more into crypto in general.
As to where I am focusing my funds, by far im allocating most of my crypto investments to cardano since they are a relatively new crypto doing all the right things, the most heavily developed crypto right now, and with a very sound roadmap that resembles ethereum without all the mistakes ethereum made, they are getting 41% of my crypto assets.
Ethereum is 2nd at about 23% of my crypto holdings because while they dont look as good as what cardano will be they are far more mature with a much more active dAPP collection , and it works.. keep in mind the 23% figure is raw ethereum and not counting EC20 ethereum tokens of which I have many.
Filecoin, HOT, and TRX are my third tier investments taking about 20% of my portfolio.
The remaining of my portfolio are small investments in mostly ERC20 tokens like COMP
@freemo @lucifargundam ETH is pretty good, I don't expect filecoin to go anywhere, last time I tried (two years ago) IPFS mutation didn't really work and it was still pretty slow.
@lucifargundam @freemo I bought one forever ago but I used a very strong (like 50 base64 digits) password and I lost the piece of paper I wrote it down on... I could have just retired and done whatever I wanted. This is why I don't encrypt my personal ssh keys anymore.
I keep all my stuff in a lockbox in a bank and use a strong passphrase I memorized so even that isnt enough.
@freemo
I really wish I had the wisdom to do that 10 years ago.
@lucifargundam
@swiley
filecoin has a way to go I agree. However getting in on the developing coins that ont have a foothold yet is how you made the big bucks. I invested in eth the first day it was on the mainnet.
That said its 3rd in my list even behind another more novel coin (cardano) so clearly i dont but it too high either.
@lucifargundam