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RE: Greed Breeds Stupidity in the World of Crypto Currency.

in #altcoins8 years ago

Sage advice.

I would add one more dimension to the warning. Steer clear of crypto coins that do not have a very clear business model driving the value growth. I am especially nervous of those that are related to MLM's (multi level network marketing businesses). These are often the source of pump and dump schemes

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Oh goodness those MLM coins are centralized BS! I am not a fan but I do love to buy them before their little get togethers and dump them right before it ends.

Good Advice, but don't tell everyone! I see you're in Panama. I'm thinking of moving to Costa Rica. How difficult is it to trade out bitcoin for cash down there?