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Showing content with the highest reputation on 06/22/2019 in Posts

  1. 1 point
    New venture by Michael Jordaan. Seems interesting. It’s a token that is linked to the DCX10 Index which tracks the top 10 crypto currencies, so it cannot be traded. So instead of creating risk by attempting to foresee movements in individual currencies you can spread the risk over the top 10. Similar to a regular ETF that tracks the index. I’m quite liking the idea, but am very interested in people’s thoughts. Some further reading: https://mybroadband.co.za/news/cryptocurrency/310383-michael-jordaans-cryptocurrency-investment-pick.html https://blogs.easyequities.co.za/invest-in-the-dcx10-crypto-token https://research.easyequities.co.za/investing-in-cryptocurrencies-easy https://www.dcx.capital/indexRules
  2. 1 point
    I've put some money into DCX10 yesterday when it launched on EE, the great thing I like about it is the Weight is calculated on the Market cap of the coin from their Top 10 Coins on their Index, so yesterday Bitcoin was on 66% Weight it is now on 68% as the Market Cap increased for Bitcoin and Eth is on 11%, another platform I've seen called Rivex they just do 10% Weight on the Top 10 Coins which I don't like at all, I definitely like DCX10's strategy. Also, I just like the simplicity of it and that it is now available on EE, as I don't need to manage it myself or buy/sell constantly and keep track of 10 Wallets, this is wonderful for me right now.
  3. 1 point
    Update: Posting here since the price passed $10k today (22 June 2019) that is over 180% in the last 6 months. Of course the price could still go down....I still feel the price will range between $6k and $10k for the rest of the year....but now that $10 is breached, maybe I can raise the upper limit to $12k. The bigger picture is the long term price after the next halving event in May 2020. ETA is 21 May 2020, which is 334 days away. A lot can happen in that time, but I still feel it will be an upward trajectory. The months following the halving will be when the real exciting stuff happens... I wrote an update to my post on bitcoin investing here: https://www.bitcoinzar.co.za/easy-bitcoin-investment-in-south-africa/ It shows how dollar cost averaging can be an easy way to accumulate bitcoin over time, which can increase in value. One of the tools I used to demonstrate is available on this website: https://dcabtc.com/ It shows you how much value you could have made had you been dollar cost averaging already. Here is an example: "Wow! Buying $50 of Bitcoin every month for 3 years starting 3 years ago would have turned $1,800 into $7,684 (+326%)"
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