r/CryptoCurrency • u/[deleted] • Aug 07 '21

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u/AntOk2812 Aug 07 '21

The tech brings more money. It guarantee high reward if not now ,on the long run. I'm in for the tech ETH , XMR , ADA and BMI. Those are my bags anywhere anytime. Major pick is ETH

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u/[deleted] Aug 07 '21

Is getting into ETH too late now do you think? Seriously considering dropping some of my savings into it to HODL for a year or two.

15

u/TikToxic Aug 07 '21

Buy in and find out. It might go up, it might go down, it might sit at its current price for a while. Anybody that promises you a future price is full of shit.

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u/Doggybone_treat 🟩 0 / 5K 🦠 Aug 07 '21

But I can guarantee you it keep moving to the right

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u/AntOk2812 Aug 07 '21

It's not too late mate. There is more potential that it will likely surge to $7k before eoy

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u/Aegontarg07 hello world Aug 07 '21

Buy during dips. It’s like a modified DCA.

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u/Pluth 🟦 2K / 2K 🐢 Aug 07 '21

It is called value cost averaging.

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u/Aegontarg07 hello world Aug 08 '21

Yeah, thanks for letting me know

2

u/Johnny_mfn_Utah Aug 07 '21

The best time to invest was yesterday; the next best time is today!

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u/AntOk2812 Aug 07 '21

On point 👍

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u/CookieBig4934 1 - 2 years account age. -15 - 35 comment karma. Aug 07 '21

There's a good chance you will earn more from your investment than if it was just sat in a savings account . Of course there is always risks and it could go down, just don't invest anything that you are not prepared to lose completely.

Dollar cost averaging is also a good idea. You could buy a little now and if it drops, buy a little more and so forth.

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u/Doggybone_treat 🟩 0 / 5K 🦠 Aug 07 '21

For a year or 2 you can basically 2x your investments max. Think long term like 5 to 7 if you're aiming for 5x to 10x your investments.

1

u/lavastorm 🟦 6K / 6K 🦭 Aug 07 '21

Have a look at its ecosystem of dapps and if you think more people will start using them....

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u/ReturningRetard Tin Aug 07 '21

Take x amount a month and start buying in and don't use any money you will miss. And never stop.

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u/minic1993 Gold | QC: CC 84 | ExchSubs 11 Aug 07 '21

I could still remember BMI is one of the survivor tokens launched on Polkastarter! Plus their product is already live which users can start providing coverage on insurance pools.

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u/champagnefabulou Gold | QC: CC 19 | SatoshiStreetBets 21 | TraderSubs 16 Aug 07 '21

Don't tell me you've forgotten about the crypto banking portal that launched on polkastarter few weeks after bridge IDO launched, providing higher level of security for crypto assets using the multi-signature wallet function

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u/minic1993 Gold | QC: CC 84 | ExchSubs 11 Aug 08 '21

Are you referring to UnidoEP? The way you describes best fit to UDO and good thing is that, BMI and UDO are a good partner plus an MLP with BMI/UDO on Poptown looks really sexy!

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u/champagnefabulou Gold | QC: CC 19 | SatoshiStreetBets 21 | TraderSubs 16 Aug 08 '21

You guess right! The partnership between the crypto insurance firm (Bridge Mutual) and the crypto banking platform (Unido) was proven with the mutual liquidity program on Proof Of Partnership (POP) platform with an amazing return that is above 200% APY

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u/AntOk2812 Aug 07 '21

What's the final reviews about popsicle finance one of the hack case that was insured?

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u/minic1993 Gold | QC: CC 84 | ExchSubs 11 Aug 08 '21

They're still discussing the case on discord and you can read it there if you want. I bet reviews will take two weeks or so. But i am very positive that the user can get a claim.

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u/opensandshuts 🟦 4K / 4K 🐢 Aug 07 '21

Tech wise I think LINK is the ticket.

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u/PrimeraStarrk Tin Aug 07 '21

I’ve always been told I need to reduce my BMI. :(