01-09-2018, 09:59 AM
All of the above is true. And right now I wouldn't really consider using cryptos as an everyday currency... simply because it's not ready for it yet. But it doesn't mean that the day won't come when they will be used for everyday purposes, not to replace fiat (I don't see that happening) but rather to compliment it. With time the technology should improve and hopefully the exchange rates will also stabilize to a more acceptable level.
I've made some decisions as to what I'll be going with. Though I still haven't made most of these purchases due to having to wait for account validation from the exchanges.
Monero ~25%
QASH ~25%
Bitcoin ~17%
Ethereum ~17%
Litecoin ~17%
Monero balance will be increasing slowly with the mining that is being done, however it's such a small increase that it alone won't unbalance this "portfolio". I still haven't decided what would be the appropriate timeframe to look at rebalancing.
I've made some decisions as to what I'll be going with. Though I still haven't made most of these purchases due to having to wait for account validation from the exchanges.
Monero ~25%
QASH ~25%
Bitcoin ~17%
Ethereum ~17%
Litecoin ~17%
Monero balance will be increasing slowly with the mining that is being done, however it's such a small increase that it alone won't unbalance this "portfolio". I still haven't decided what would be the appropriate timeframe to look at rebalancing.