Bitcoin Forum

Other => Beginners & Help => Topic started by: paxshannara on November 21, 2013, 12:05:26 AM



Title: putting things of...
Post by: paxshannara on November 21, 2013, 12:05:26 AM
For some months I'm thinking I should inform myself on Bitcoins and probably invest. Well to late for this storm on the market.
My idea is to get into an alternate coin en hoping for the best.
Is there anyway to get an impression of future chances from a 'young' alt-coin, most of them will just be a waste of time I'm afraid.


Title: Re: putting things of...
Post by: torry28 on November 21, 2013, 12:13:07 AM
Is there anyway to get an impression of future chances from a 'young' alt-coin, most of them will just be a waste of time I'm afraid.


You answered yourselves quite well. Im not sure if any 'young' alt-coin will ever get successfull, but im often wrong


Title: Re: putting things of...
Post by: DannyHamilton on November 21, 2013, 02:27:11 AM
For some months I'm thinking I should inform myself on Bitcoins and probably invest. Well to late for this storm on the market.

Bitcoin is still in its infancy.  It has a long way to go.

When it ran up to $30, and then crashed, people said "too late for this storm on the market."

When it ran up to $266, and then crashed, people said "too late for this storm on the market."

Now it ran up to $900, and then crashed. Here you are saying "too late for this storm on the market."

If you got in at the peak at $30, you'd have multiplied your balance 20x by now.

If you got in at the peak at $266, you'd have more than doubled your balance by now.

If you got in at the peak at $900, how long do you suppose it will be before you'd have doubled or multiplied your balance by 20x?


Title: Re: putting things of...
Post by: MicroGuy on November 21, 2013, 02:35:26 AM
https://www.gldtalk.org/devteam/rope.png

For some months I'm thinking I should inform myself on Bitcoins and probably invest. Well to late for this storm on the market.
My idea is to get into an alternate coin en hoping for the best.
Is there anyway to get an impression of future chances from a 'young' alt-coin, most of them will just be a waste of time I'm afraid.


You have answered your own question on many levels. Investing in altcoins is probably a good idea but finding the right ones can be tricky. You need to do lots of research then find a few with strong fundamentals, growing communities, and talented innovative developers. Then don't invest more than you can afford to lose and help support the coin by contributing your talents. Best of luck.


Title: Re: putting things of...
Post by: Mondy on November 21, 2013, 03:03:41 AM
Its never too late to invest dude! Buy what you can afford to lose and sit on it!


Title: Re: putting things of...
Post by: 1life on November 21, 2013, 03:11:28 AM
putting off things is the worst but yet I still do it often  ::)