I'm leaving for 1-2 years. Which coins should I park in?

[Anonymous No.7099524]

It's been a fun year but the market now is poised for a major correction. It's simply unsustainable when there's a 600 billion market of 95% scams. People here like to compare crypto to the dot com, but back then the companies had real companies with real business models, all regulated and transparent, but as someone who's been in crypto for a few years I can say now the market is mostly scams which have no value in the long term and won't last when they lose the hype. Just look at all the major coins:
BTC - shitcoin operated by banksters with a 2nd layer solution unlikely to ever be used by the average person
XRP - a taster "coin" for a test network for the proprietary settlement solution Ripple
LTC - BTC's spare chain for when BTC fees go to $20
IOTA - no evidence it can work
Zcash - huge founder reward, and no privacy
Hundreds of ICO tokens which are outright scams like Numerai or have nothing but a whitepaper or little reason to hold like District0x and TenX.
Even some legit coins really started as instamine or premine scams like Dash and Bytecoin
ETH - not a scam but made a few dubious architectural decisions, even BCH could have better smart contracts in the future using colored coins, also has security issues (easy to send to wrong address)
XMR - has scalability issues worse than BTC and ETH combined.
I'd rather not go to fiat because long term I still believe there'll be demand for some coins and they will perform far better than the USD.

[Anonymous No.7099546]

>>7099524
Why you leaving? Going to jail for being a pedo?

[Anonymous No.7099564]

>>7099524
Probably XMR, XLM, and NEO to be honest with you senpai.

XMR will be super upgraded in december, XLM has fairx and NEO is neo theres not much to be said you'll be accumulating gas for the entire year too.

[Anonymous No.7099604]

>>7099524

put your shit 12.5% each in xlm, ven, neo, req, xrb, icx, and eth and get that loli shit out of here

[Anonymous No.7099631]

>>7099524
nice pasta you faggot.

[Ripple Fundamentals No.7099699]

[Performance]
-Ripple consistently handles 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

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[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

.
[Real-world use]
-5 institusions are currently using XRP (MoneyGram, Cuallix, FlashFX, IDT and MercuryFX).
-Many banks are currently using xCurrent. Since xRapid is cheaper (saves up to 60%) and provides final settlement, they are likely to transition to it.
-Bichip will use XRP in its RFID chips.
-A w3c standard that Ripple helped develop (and was demo'd by Microsoft) will be available in all major browsers, it'll facilitate paying with XRP.

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[Economics]
-The supply is fixed.
-Unlike Bitcoin, there's no inflation. Bitcoin uses PoW which relies on inflation and/or high fees. Bitcoin requires $18M of net new $ flowing in just to maintain the price!!

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[Security]
-Unlike Bitcoin, double-spending isn't possible. Bitmain (a Chinese company) can rollback Bitcoin's chain and bunkrupt the whole ecosystem.
-An attack could only stop new transactions temporarily. Participants would simply remove bad participants from their list

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[Decentralisation]
-Each participant can run a validator and use his own list of validators.
-validators role is to agree on an order for new transactions
-10s of reputable public & private entities around the world are currently running validators (e.g., Microsoft, MIT, CGI, WorldLink, Bahnhof,..)
-Consensus for the order of new transactions requires a supermajority of 80%

.
[Incentives]
-XRP is a revenue source for Ripple Labs. This aligns its incentives with XRP hodlers. It uses the revenue to improve the tech and expand XRP's marketshare.
-Ripple Labs share is locked in 55 batches on the network. Only one batch can be unlocked per month. It would take them 5 years to unlock them all. XRP is sold only to long term investors (i.e., they can't dump).

[Anonymous No.7099730]

>>7099524
Ban this fucking faggot

[Anonymous No.7099756]

>>7099524
That's why you should buy xlm and ven
Two totally different coins but with already promising business and the other one with a promising plan for the future