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RE: Any suggestion on where I should be allocating my mining profits ?

in #mining7 years ago (edited)

I would suggest that you transfer your earnings only to cryptocurrency projects that have a working product. Leave behind the ICOs and non producing (no product) coins.
I would bet on BTS, STEEM and ETH.

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Thanks for the advice. I am surely not going to do ICO's anymore. I am happy that TPAY just exploded today, but out of 5 ICO's in invested in, that was only one to pop. I guess EOS would be a good option as well seeing you are naming all of @dans projects lol. I owned 10k eos on their ico, I just wish I didn't have weak hands and sell so quickly

I'm actually not familiar with EOS. That is why I cannot recommend it.
BTS has a powerful and wide internal market for trading.
STEEM is a proven Network that is employing more and more products consistently. More activity on the network equals higher value in the future.
ETH I think will ultimately win as the dominant blockchain network against BTC.

I am pretty sure all these projects will be transferred to the EOS block chain once they have a working product. Well everything besides ETH. Bitshare, STEEM and EOS are all products of the same Larimer family . Father and son