Ask HN: Where do you find out about alt-coins that are about to release?
I guess we're at peak sucker. Just don't. You're liable to lose all your money.
If you really like gambling, go to a casino: the odds are stacked against you, but at least it's government regulated.
Really? I prefer not to gamble, but given a choice between (a) & (b), I would choose (b) every time.
a. Odds against you, govt regulated.
b. Uncertain odds (dependent on choices made, changing over time, etc.), unregulated.
Under (a), you're guaranteed to lose eventually. Under (b), you could potentially become good at reading sentiment around the newest types of coins. It's certainly still gambling, though.
You don't have to keep your wealth in fiat currency -- sensible people invest it.
Compared to casinos, altcoin gambling is higher risk but also higher reward. If you'd put $50 into each new coin released since 2011, you'd have a lot of worthless coins... but your Ethereum would be worth nearly $12k. Litecoin and OMG alone would add another $1k.
I am under the impression that altcoins themselves actually aren't that popular at the moment. The days of KanyeWestCoin are probably gone.
What is more popular is ERC20 crowdsale tokens, which are even less useful.
And now the "forkcoins" - Bitcoin Cash, Bitcoin 2x. We will see what is next.
Apparently https://www.altcoincalendar.info/calendar has info.
MicroMoney (AMM) and Licensium (LCX) launch tomorrow.
"click here to add your coin"
Not sure I'd recommend investing...
s/investing/gambling/
I get all of my news and advice from /biz/ - always remember the golden rule: buy high, sell low!
This guy gets it
I've participated in 5 ICOs. I don't recommend buying unless a) the company looks great (like filecoin or similar) and b) you get in at a substantial discount.
What I'm seeing now is even good companies that trade below ICO prices after they hit some of the exchanges. Example is https://www.saltlending.com/
Actually that is probably a better strategy: buying good companies that are down since their ICO.
We're still a few days away from launching, but if you follow @coinmercenary on Instagram (or twitter!), we will be posting a single ICO review each day.
The idea is to be your trusted source for ICO reviews. Using a 6 point scoring system, with one review each day, we'll cut through the noise with you.
A mercenary is someone who commits violence for pay. I guess you'll be committing violence against your readers?
Not quite.
http://www.dictionary.com/browse/mercenary https://www.merriam-webster.com/dictionary/mercenary
"one that serves merely for wages; especially :a soldier hired into foreign service"
:)
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