|
Title: If I wanted to invest am I better using exchanges or networking (Local/Online) Post by: CoinCarrie on June 16, 2016, 03:19:20 PM I'd imagine their is a very large pool of trust worthy people in a much more massive & dangerous ocean, they must exist right? As I begin my exploration into bitcoin if I wanted to invest am I best looking for sites which help me network, network on my own or is buying directly from exchanges reasonable? I am weeks if not months off from having a good enough understanding to seriously invest. Though what do you suggest, what has worked best for you? Where did you start?
Title: Re: If I wanted to invest am I better using exchanges or networking (Local/Online) Post by: yubsep on June 16, 2016, 03:43:43 PM If you want to invest for long-term use the official wallet to stack your coins...
The exchange markets not recommended for staking your coins to invest.. Although #Poloniex and #Bittrex are good exchange markets but i don't read the future.. May be these sites in the future will be hack from someone professional or DDOS attacking... - Choose the right coin for long-term investing... - Use the official wallet for staking... - Keep your eyes on the price of #Bitcoin every single day... Title: Re: If I wanted to invest am I better using exchanges or networking (Local/Online) Post by: CoinCarrie on June 16, 2016, 04:30:44 PM If you want to invest for long-term use the official wallet to stack your coins... The exchange markets not recommended for staking your coins to invest.. Although #Poloniex and #Bittrex are good exchange markets but i don't read the future.. May be these sites in the future will be hack from someone professional or DDOS attacking... - Choose the right coin for long-term investing... - Use the official wallet for staking... - Keep your eyes on the price of #Bitcoin every single day... So, it is like NYSE (Stock)? My experience with stock/investing is very limited. I would consider myself less than an amateur trader. However, I have been using services similar to, https://www.scottrade.com (https://www.scottrade.com) for a very long time. I make enough to pay for annual family vacations (sometimes one other times more). I buy low / sell high. That might make me seem ignorant, it is what I do, it works. Sometimes I take the advice of others who I perceive I can trust. I am interested in learning more about Bitcoin as I am no fan of modern currency & Bitcoin is closer to my career. Is that really it. Is that the best way to get started while I learn, your 3 step process? TY... if any other relevant advice comes to mind or you have anything additional to add, this post will be here :) |