Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: dentolas on April 18, 2019, 09:24:39 AM

Title: Re: Don’t put all your eggs in one crypto basket
Post by: dentolas on April 18, 2019, 09:24:39 AM
That's right, this is common sense... the eggs shouldn't be all in the same basket, not only concerning other investments, but also within crypto... invest in diverse coins, use several wallets, use several exchanges... this way, you'll be reducing the risk
In crypto, it is important to check the field of application of each project and select a few from each field, refining the list while checking team, project details, etc.
I have a few areas/types I usually focus: Dapps platforms, exchanges/wallets, privacy, POW/POS, financial, misc
Lately there are a few new projects worth checking, as they are offering a fresh view / fresh tech solution that is plugging a lot of holes from previous pioneer projects.
Worth noting that on privacy coins I've found Veil project... I was a bit discouraged with privacy coins as on Zcash only 10% of the transactions are actually private and Monero is full-time private, but RingCT has been found to have flaws as it is dependant of the network size/number transactions to provide the mixing in an effective manner. Well, Veil has mixed the two techs, delivering a 2nd generation privacy coin... worth checking Veil project if you don't know it yet...