Investing in precious metals 101

Ledger Nano S

  • Fri, May 19, 2017 - 02:00pm



    Status Gold Member (Offline)

    Joined: Aug 16 2013

    Posts: 375

    count placeholder

    Ledger Nano S

The Hard Wallet I choose is the Ledger Nano S.

The second gen is Etherum. over 80% of the new tokens are going to be 'layered"  on top of ethereum (They are called ERC20 compliant), This is already turning out to be the 'go to' platform. Ethereum is Far, Far, more than just another coin. – it's creating its own ecosystem and increasingly all the major corporations are using it. That's a big reason you're seeing its price already rise 1000% in the last five months,

The Nano handles all of the ERC20 tokens, plus bitcoin dash litecoin and a few of the big names that build on the Bitcoin – type 'dumb token'.  I'm starting to think to take a small position in many may pay off if you just sell them when they go vertical, and return the mean and wait for the next, and repeat. You just need to watch it carefully because you never know which one will pop next.  

I recommend keep most in Eth BTC as the somewhat (relative) base for a majority of funds and no more than 1% in each of your "gaming" coins. Good luck.