Other than bitcoin what other cryptocurrencies are you watching right now? It seems new ones are popping up every month and hard to know which ones to take seriously.

Yet another reason to not have anything to do with cryptocurrencies:

This crypto exchange can't repay $190 million to customers because the CEO died with the only password

My main reason for staying away is the volatility. If there was a stock that was such a roller coaster ride as crypto currency most of you would have bailed much sooner if you ever got on board at all. This stuff goes from $8,000 one day to $18,000 the next month and back to $4,000 two weeks later. Some get lucky, many lose their shirts. Good for you if you're one of the lucky ones.

I am invested in ICON (ICX) for the long term.

I am not really a trader, so I am just using it as a long term deal. It is one of the real legit projects out there with real solid backing.

When the market matures and eventually grows, ICON will be one of the major players, IMO.

The problem with cryptocurrency is that there is nothing to back it. Zero assets whatsoever. Paper money is backed either by gold, infrastructure, or some form of government plan that has tangible value (likely land snatching, property seizing, etc).

The reason why cryptocurrency is so volatile is because it is only what a person feels it's worth that day. It's all emotional. The reason why single stocks are so volatile is because it depends on how that company reported doing business that day. If it cost "X" dollars to do business and that was more than the anticipated "Y" cost then their stock goes down. If they made a big sale that day their value goes up. Still tangible money changing hands for good/services.

At the end of the day, if you can make money in cryptocurrencies then good for you. However, IMO you might as well be spinning the roulette wheel in Vegas because the gamble is about the same.

If you want to stay informed and know all the details about the crypto space, I suggest joining the best crypto signals. It'll be useful both for newbies and for experts. Based on my personal experience, I know it works perfectly, it helped me to make a lot of money.

You do realize that you can buy a faction of a bitcoin or any other crypto currency right?

I'm interested in getting into it, more just to get my feet wet more than anything and see what it's all about. I need to learn some more about it before I throw any money at it though. I guess maybe bitcoin is still the place to start as someone new to it?

My advice, do not mine it. You'll never get a return on what you invest. What you can, and should do, is buy when it gets low. And sell when it gets high, or hold it.

I'm interested in it too. Indeed, cryptocurrencies are extremely popular nowadays! I also suggest that you pay attention to software development, as it is also up and growing. You just need to find a reliable software outsourcing company that would implement your app idea properly.

Well I guess Cryptocurrencies are our future. I know some places in UAE are actively using this type of currency for different purposes. About a month ago I heard that there is a company through whom soon you will be able to buy real estate in Athens and pay with Bitcoin or similar. Did anyone heard about that?

It is a good investment but I am not doing it because of many hacking issues. By the way, which wallet is the safest one?

It's not as risky as it used to be. The major Exchanges will set things right if there is ever a hack. BinanceUS, Binance, & Coinbase I would and do trust.

I haven't used a wallet, because I actively trade the macro swings and want the money ready to move.

Where people run into issues are on the lesser known exchanges or allowing a BOT your private keys to do BOT trading.

It is not only about hacking but also about the volatility of cryptocurrency. In my opinion in terms of investment real estate is better as the prices there don't change that quickly. I have been following the prices in this particular area https://virtoproperty.com/property-f...ante/elche-elx and can say that BTC has changed hundreds % :bonk: compared to these particular estates.

I thought I was the only one on this thread not overwhelmingly in favor of cryptocurrency. Real estate is overall a great investment and my personal strategy is mutual funds. Real estate can grow larger quicker than mutual funds, but it also has low liquidity which is why I like mutual funds. When I get to a point where I can afford real estate in addition to my mutual funds I think I'll start acquiring both, but until that time I'll have to stay out. At least it doesn't have the regular daily roller coaster effect of cryptocurrencies.