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Title: Where should i use 300$ Post by: garcias on January 05, 2014, 12:17:46 PM Hi all,
English ins't my native language so im sorry for spech mystake. I'm new on bitcointalk, i´ve been following this website to see some posts since i started care about crypto currencies some moths ago... So i have like 300USD to use in some cryptocurrencies I dont want to buy Litecoins nor Bitcoins or other of this currencies with a high price. I want other currencies that are under 1USD right now, wich in future could be at 5-10USD or something like that. I want to use it in multiple cryptocurrencies, like 50USD for NXT 50 for NET...etc If you have this money for with this conditions what you will do? Thanks and sorry for my bad english :( Title: Re: Where should i use 300$ Post by: erre on January 05, 2014, 12:20:31 PM I belive in lottocoins, and think that now they are cheap. Just my thoughts, be cautios when investing in minor cryptocurrencies.
If you want less volatily buy worldcoins. I aswell buyied some millions fedoracoin. If they succeed this will be a HUGE profit, but more probably i'll lost all Title: Re: Where should i use 300$ Post by: jonanon on January 05, 2014, 12:26:27 PM It's very risky to invest in new currencies you could quite easily loose your money, I would advise reading up and making your own decisions as most alts are likely to fail in the long run.
Title: Re: Where should i use 300$ Post by: garcias on January 06, 2014, 09:47:17 AM erre and jonanon thanyou for your advice
Can someone else give me more ideas? Title: Re: Where should i use 300$ Post by: nightblaze on January 06, 2014, 09:58:09 AM It's very risky to invest in new currencies you could quite easily loose your money, I would advise reading up and making your own decisions as most alts are likely to fail in the long run. I agree with the advice above, ~but~ I personally like Dogecoin. I don't know where it will go, and a very big reason I like this cryptocurrency is the cute factor. Hope it helps! Title: Re: Where should i use 300$ Post by: garcias on January 06, 2014, 10:10:34 AM It's very risky to invest in new currencies you could quite easily loose your money, I would advise reading up and making your own decisions as most alts are likely to fail in the long run. I agree with the advice above, ~but~ I personally like Dogecoin. I don't know where it will go, and a very big reason I like this cryptocurrency is the cute factor. Hope it helps! yeah Dogecoin but following your advise CatCoin is growing like hell :o http://prntscr.com/2gyupe and Terracoin, Megacoin , Diamond and TagCoin too i'm losing the boat... Title: Re: Where should i use 300$ Post by: erre on January 06, 2014, 10:24:44 AM i'm losing the boat... This currencies aren't boats, these are more like catapult's projectiles: gonna fly high, and crash when the momentum end. You can profit, but if you're for the long hault forget every altcurrency except the more extablished: litecoin, peercoin, wordcoin, namecoin and maybe a few others. With lotto or doge you're buying a lottery ticket. Title: Re: Where should i use 300$ Post by: oscar5 on January 06, 2014, 10:37:13 AM I'm in the same position like you mate. Last month I invested some money in FTC. What do you think about Dimecoin guys is it risky?
Title: Re: Where should i use 300$ Post by: DeboraMeeks on January 06, 2014, 10:39:07 AM The issue with these alt-currencies (especially the new ones like what you are searching for) is that they might collapse suddenly and worth 1/10 of there price in a single day If there is any critical bug or a weakness discovered or simply because people are no longer interested in it.
Title: Re: Where should i use 300$ Post by: garcias on January 06, 2014, 11:02:20 AM I'm in the same position like you mate. Last month I invested some money in FTC. What do you think about Dimecoin guys is it risky? FTC was a good investement i think... Dimecoin has a price of 1.9e-0.6 so with only 10USD you can buy alot of them if they go high you win a lot if it isnt you not gonna lose a lot of money :) Title: Re: Where should i use 300$ Post by: oscar5 on January 06, 2014, 11:48:01 AM I'm in the same position like you mate. Last month I invested some money in FTC. What do you think about Dimecoin guys is it risky? FTC was a good investement i think... Dimecoin has a price of 1.9e-0.6 so with only 10USD you can buy alot of them if they go high you win a lot if it isnt you not gonna lose a lot of money :) Thanks mate, any idea where can i buy some Dimes? Title: Re: Where should i use 300$ Post by: carcarah on January 06, 2014, 12:03:23 PM If you really want to get rich with a cryptocurrency, I advise you to start looking for a currency with better fundamentals than bitcoin or litecoin. Other than that is just a waste of time and money, unless you trade them on a daily basis.
Title: Re: Where should i use 300$ Post by: Lohoris on January 06, 2014, 12:11:51 PM Hi all, You got it all wrong.English ins't my native language so im sorry for spech mystake. I'm new on bitcointalk, i´ve been following this website to see some posts since i started care about crypto currencies some moths ago... So i have like 300USD to use in some cryptocurrencies I dont want to buy Litecoins nor Bitcoins or other of this currencies with a high price. I want other currencies that are under 1USD right now, wich in future could be at 5-10USD or something like that. I want to use it in multiple cryptocurrencies, like 50USD for NXT 50 for NET...etc If you have this money for with this conditions what you will do? Thanks and sorry for my bad english :( You are basically asking "please I want to 100x my money, give me advice", which makes no sense at all. Almost all altcoins (including litecoin) are totally worthless clones which will NEVER gain any value, because they are just useless. Not different from printing your own paper money at home: would you buy that? The very few altcoin with any actual real idea behind them are still too experimental anyway, and will likely be superseded by newer, better experiments. Title: Re: Where should i use 300$ Post by: garcias on January 06, 2014, 12:16:18 PM Hi all, You got it all wrong.English ins't my native language so im sorry for spech mystake. I'm new on bitcointalk, i´ve been following this website to see some posts since i started care about crypto currencies some moths ago... So i have like 300USD to use in some cryptocurrencies I dont want to buy Litecoins nor Bitcoins or other of this currencies with a high price. I want other currencies that are under 1USD right now, wich in future could be at 5-10USD or something like that. I want to use it in multiple cryptocurrencies, like 50USD for NXT 50 for NET...etc If you have this money for with this conditions what you will do? Thanks and sorry for my bad english :( You are basically asking "please I want to 100x my money, give me advice", which makes no sense at all. Almost all altcoins (including litecoin) are totally worthless clones which will NEVER gain any value, because they are just useless. Not different from printing your own paper money at home: would you buy that? The very few altcoin with any actual real idea behind them are still too experimental anyway, and will likely be superseded by newer, better experiments. im not saying/asking that i will make 100x my money just asking the people who know more than me what are the best ones to insvest on... if i do 1K USD from my initial investement i will be happy Title: Re: Where should i use 300$ Post by: Lohoris on January 06, 2014, 12:18:19 PM im not saying/asking that i will make 100x my money You are on your way to just lose all your money.just asking the people who know more than me what are the best ones to insvest on... if i do 1K USD from my initial investement i will be happy Title: Re: Where should i use 300$ Post by: garcias on January 06, 2014, 12:23:28 PM im not saying/asking that i will make 100x my money You are on your way to just lose all your money.just asking the people who know more than me what are the best ones to insvest on... if i do 1K USD from my initial investement i will be happy maybe but my initial will be 54 USD because only using Paysafecard by now so if i lose i will learn the lesson... Title: Re: Where should i use 300$ Post by: Cryptobolics on January 06, 2014, 12:23:56 PM Hi all, Worldcoins Digitalcoin and Netcoins are pretty cheap English ins't my native language so im sorry for spech mystake. I'm new on bitcointalk, i´ve been following this website to see some posts since i started care about crypto currencies some moths ago... So i have like 300USD to use in some cryptocurrencies I dont want to buy Litecoins nor Bitcoins or other of this currencies with a high price. I want other currencies that are under 1USD right now, wich in future could be at 5-10USD or something like that. I want to use it in multiple cryptocurrencies, like 50USD for NXT 50 for NET...etc If you have this money for with this conditions what you will do? Thanks and sorry for my bad english :( Title: Re: Where should i use 300$ Post by: fasteddie9987 on January 06, 2014, 12:45:50 PM I would stick with bitcoin. Say a single coin is $1000 and you buy £300 worth so thats 0.3 bitcoin. If the value goes to $10000 per coin then you can add an extra 0 on you initial investment. Look at the future of bitcoin with more mainstream websites picking it up and even the porn industry has adopted it now. Remember betamax vs VHS? VHS wasn't as good but the porn idustry adopted it and VHS became the standard. Job adverts are being posted for bitcoin traders now so to me all this indicates a massive prce hike for bitcoin in the future. You need to research and get an understanding for yourself because the alt currencies that people push are usually the ones they hold most of . If you really want an alt to bitcoin then get Quark (advise based on the fact that I hold a little quark so my advice to you is really only to benefit myself) Ask somebody else and they'll recommend a coin they hold.
Title: Re: Where should i use 300$ Post by: garcias on January 06, 2014, 01:11:59 PM I would stick with bitcoin. Say a single coin is $1000 and you buy £300 worth so thats 0.3 bitcoin. If the value goes to $10000 per coin then you can add an extra 0 on you initial investment. Look at the future of bitcoin with more mainstream websites picking it up and even the porn industry has adopted it now. Remember betamax vs VHS? VHS wasn't as good but the porn idustry adopted it and VHS became the standard. Job adverts are being posted for bitcoin traders now so to me all this indicates a massive prce hike for bitcoin in the future. You need to research and get an understanding for yourself because the alt currencies that people push are usually the ones they hold most of . If you really want an alt to bitcoin then get Quark (advise based on the fact that I hold a little quark so my advice to you is really only to benefit myself) Ask somebody else and they'll recommend a coin they hold. you're idea isnt bad every advice from everyone is very welcome :) Title: Re: Where should i use 300$ Post by: silentsiren on January 06, 2014, 01:16:01 PM I would stick with bitcoin. Say a single coin is $1000 and you buy £300 worth so thats 0.3 bitcoin. If the value goes to $10000 per coin then you can add an extra 0 on you initial investment. Look at the future of bitcoin with more mainstream websites picking it up and even the porn industry has adopted it now. Remember betamax vs VHS? VHS wasn't as good but the porn idustry adopted it and VHS became the standard. Job adverts are being posted for bitcoin traders now so to me all this indicates a massive prce hike for bitcoin in the future. You need to research and get an understanding for yourself because the alt currencies that people push are usually the ones they hold most of . If you really want an alt to bitcoin then get Quark (advise based on the fact that I hold a little quark so my advice to you is really only to benefit myself) Ask somebody else and they'll recommend a coin they hold. I do agree with this. If you hate fractions, think of 0.3 bitcoin in satoshis. Only thing I disagree with the above post is investing in Quark, its a heavily pre-mined coin. Title: Re: Where should i use 300$ Post by: cleansocks on January 06, 2014, 01:23:40 PM doges / catcoin / GIFT / Earthcoins are really hot right now. get them fast and dump them soon!
Title: Re: Where should i use 300$ Post by: fasteddie9987 on January 06, 2014, 02:02:42 PM I would stick with bitcoin. Say a single coin is $1000 and you buy £300 worth so thats 0.3 bitcoin. If the value goes to $10000 per coin then you can add an extra 0 on you initial investment. Look at the future of bitcoin with more mainstream websites picking it up and even the porn industry has adopted it now. Remember betamax vs VHS? VHS wasn't as good but the porn idustry adopted it and VHS became the standard. Job adverts are being posted for bitcoin traders now so to me all this indicates a massive prce hike for bitcoin in the future. You need to research and get an understanding for yourself because the alt currencies that people push are usually the ones they hold most of . If you really want an alt to bitcoin then get Quark (advise based on the fact that I hold a little quark so my advice to you is really only to benefit myself) Ask somebody else and they'll recommend a coin they hold. I do agree with this. If you hate fractions, think of 0.3 bitcoin in satoshis. Only thing I disagree with the above post is investing in Quark, its a heavily pre-mined coin. Here is something in Quarks defence http://www.quarkcoin.cc/2013/12/14/mythbuster-pre-mine-with-max-g-qrk-main-developer/ I don't have much at all so I wouldn't be too upset if it failed. I only have what I'm prepared to lose invested in the other alt currencies. Every alt coin is a gamble at the moment and over the next year or so we'll see who's left standing. I really hope it isn't the new coinye coin though. Title: Re: Where should i use 300$ Post by: mikaljan on January 06, 2014, 04:17:06 PM You Can invest on Infinitycoin....This is my suggestion.
Title: Re: Where should i use 300$ Post by: fasteddie9987 on January 06, 2014, 04:31:35 PM I believe in NXT coin. They are quite cheap atm I saw this thread before if you are interested in nxt https://bitcointalk.org/index.php?topic=399205 Title: Re: Where should i use 300$ Post by: vendetahome on January 06, 2014, 05:49:25 PM Do not invest in altcoins longterm, you will loose money most likely.
If your good trader, it could make sence trading the altcoins, but holding altcoins is suicide. Title: Re: Where should i use 300$ Post by: fasteddie9987 on January 06, 2014, 05:57:51 PM Do not invest in altcoins longterm, you will loose money most likely. If your good trader, it could make sence trading the altcoins, but holding altcoins is suicide. Yeah put it in the bank, it's safe as houses there ::) There's nothing wrong in holding a little. The early bitcoin holders haven't done too badly so far. Title: Re: Where should i use 300$ Post by: garcias on January 07, 2014, 09:27:14 AM You Can invest on Infinitycoin....This is my suggestion. with their price atm is a good investiment if they go down i dont lose too much :) good idea Title: Re: Where should i use 300$ Post by: garcias on January 07, 2014, 10:26:32 AM I'm in the same position like you mate. Last month I invested some money in FTC. What do you think about Dimecoin guys is it risky? FTC was a good investement i think... Dimecoin has a price of 1.9e-0.6 so with only 10USD you can buy alot of them if they go high you win a lot if it isnt you not gonna lose a lot of money :) Thanks mate, any idea where can i buy some Dimes? I dont i use this:http://coinmarketcap.com this way you go to their correct website and on their website i dont see any way to buy dimes but do a little research maybe you find it :) Title: Re: Where should i use 300$ Post by: ciscokid on January 07, 2014, 10:41:51 AM Well, my advice is:
1- Find something you can get in on from the start, day one. This will get you the cheapest buy-in price, which in turn will get you the biggest return with that investment, assuming it does not tank. 2- Find something with a lead developer that is known, and is not a scammer. You will need to do a little homework here. 3- Find something that is not just another copy of Bitcoin, but that is actually original and innovative. We don't need minor tweaks of Bitcoin anymore, we need Bitcoin 2.0 4- Make sure the launch is 100% fair. (no 14 million coins for an elite few in the beginning *cough, NXT, cough*) With all that said, right now I would wait on Curecoin, since it truly revolutionary, at least it will be when it launches. The positive publicity alone should drive the price much higher than your initial investment. I would also look at eMunie. The pre-launch sale is right around the corner, and the founder is actually doing it all legit and fair. It's a 2nd gen crypto that is shaping up to blow all existing coins out of the water, in terms of original features, security, anonymity and it's function as a stable store of value. Assuming we take everything at face value that is. Title: Re: Where should i use 300$ Post by: garcias on January 07, 2014, 10:52:27 AM Well, my advice is: 1- Find something you can get in on from the start, day one. This will get you the cheapest buy-in price, which in turn will get you the biggest return with that investment, assuming it does not tank. 2- Find something with a lead developer that is known, and is not a scammer. You will need to do a little homework here. 3- Find something that is not just another copy of Bitcoin, but that is actually original and innovative. We don't need minor tweaks of Bitcoin anymore, we need Bitcoin 2.0 4- Make sure the launch is 100% fair. (no 14 million coins for an elite few in the beginning *cough, NXT, cough*) With all that said, right now I would wait on Curecoin, since it truly revolutionary, at least it will be when it launches. The positive publicity alone should drive the price much higher than your initial investment. I would also look at eMunie. The pre-launch sale is right around the corner, and the founder is actually doing it all legit and fair. It's a 2nd gen crypto that is shaping up to blow all existing coins out of the water, in terms of original features, security, anonymity and it's function as a stable store of value. Assuming we take everything at face value that is. when Curecoin will be out and eMunie? Thanks for you advice i really apreciate it My only problem is i will be buying with Paysafecard and this way i will lose 20% of my initial money... Title: Re: Where should i use 300$ Post by: oxfardk on January 07, 2014, 06:25:37 PM Quote Where should i use 300$ ? you should pay a hashing miner Title: Re: Where should i use 300$ Post by: KeyserSozeMC on January 07, 2014, 06:26:12 PM Buy LottoCoins! They will be worth 6-7x in 2 weeks
Title: Re: Where should i use 300$ Post by: bit34 on January 07, 2014, 06:37:15 PM Buy BTC with the money.
Title: Re: Where should i use 300$ Post by: jongameson on January 07, 2014, 07:08:34 PM buy some Bitcoin
Title: Re: Where should i use 300$ Post by: sksfan on January 07, 2014, 07:44:49 PM Imo, buy dogecoin. They are currently very cheap, and everyone knows thier price will go up sooner or later.
Title: Re: Where should i use 300$ Post by: Oinas on January 07, 2014, 08:08:08 PM Doge or Earth
Title: Re: Where should i use 300$ Post by: Beneboi12 on January 07, 2014, 08:22:45 PM I would go for lottocoin cheap and looks good
Title: Re: Where should i use 300$ Post by: ScoobyDood on January 07, 2014, 08:49:57 PM depends on how much of a chance u want to take and if you can stomach the ups and downs...
WDC, MEG, DGC are safe bets for good returns...WDC should pop in February... DOGE, Lotto etc. (any newer coin) will be pushed down by all the mining but in 3 to 6 months who knows... Title: Re: Where should i use 300$ Post by: garcias on January 07, 2014, 09:11:15 PM depends on how much of a chance u want to take and if you can stomach the ups and downs... WDC, MEG, DGC are safe bets for good returns...WDC should pop in February... DOGE, Lotto etc. (any newer coin) will be pushed down by all the mining but in 3 to 6 months who knows... thanks :) Title: Re: Where should i use 300$ Post by: ciscokid on January 09, 2014, 06:05:01 AM garcias,
Curecoin I am not sure of the exact launch date, but it should be in the next 1-2 months I'd imagine. It's best to go check out their forums for updates. eMunie will be ready Q1 this year, but you can get in on the pre-launch sale this month if you sign up at their forums. REMEMBER, due diligence! I would spend at least a week reading up on them, don't just take my word or anyone else word. The only way to see through the clutter is due diligence. Read the forums for different altcoins. Don't do your research on these forums as so many people will bash one another to try to make the coin they support look better. In the end the best advice you can be given is the advice you give yourself through due diligence! Regarding paysafecard, I would see if anyone want's to trade paysafe for bitcoin, maybe you could avoid the 20% that way? Why can you only use paysafe? You don't have a bank account? Or you already have the paysafe and want to use it on coins? Title: Re: Where should i use 300$ Post by: garcias on January 09, 2014, 10:54:53 PM garcias, Curecoin I am not sure of the exact launch date, but it should be in the next 1-2 months I'd imagine. It's best to go check out their forums for updates. eMunie will be ready Q1 this year, but you can get in on the pre-launch sale this month if you sign up at their forums. REMEMBER, due diligence! I would spend at least a week reading up on them, don't just take my word or anyone else word. The only way to see through the clutter is due diligence. Read the forums for different altcoins. Don't do your research on these forums as so many people will bash one another to try to make the coin they support look better. In the end the best advice you can be given is the advice you give yourself through due diligence! Regarding paysafecard, I would see if anyone want's to trade paysafe for bitcoin, maybe you could avoid the 20% that way? Why can you only use paysafe? You don't have a bank account? Or you already have the paysafe and want to use it on coins? Thanks yeah reading a lot on forums is a good way to know more about new coins I have a bank account but now im on my parents house and closer bank is 20Kms from my house -.- And at beggining of march i will have acess to my other credit card, that one i can use online This one i have cant be used for online shooping -.- What sites do you recommend to buy bitcoins from, deposit from my bank account? Trusted sites ofc ;) I only have 1 paysafe atm but the reason i was using this is because i didnt have a better way but i forgot virwox and paysafe last days due to some people saying with that kind of fees my 50€ will endup near nothing Thanks man for your help ;) Title: Re: Where should i use 300$ Post by: Taras on January 09, 2014, 10:55:57 PM Hi all, What I'd say the best investment would be is the millibit (mBTC). It's at around $1 right now but a few months ago it was ten cents, I think it will hit $100 someday ;)English ins't my native language so im sorry for spech mystake. I'm new on bitcointalk, i´ve been following this website to see some posts since i started care about crypto currencies some moths ago... So i have like 300USD to use in some cryptocurrencies I dont want to buy Litecoins nor Bitcoins or other of this currencies with a high price. I want other currencies that are under 1USD right now, wich in future could be at 5-10USD or something like that. I want to use it in multiple cryptocurrencies, like 50USD for NXT 50 for NET...etc If you have this money for with this conditions what you will do? Thanks and sorry for my bad english :( Title: Re: Where should i use 300$ Post by: garcias on January 09, 2014, 11:05:16 PM Hi all, What I'd say the best investment would be is the millibit (mBTC). It's at around $1 right now but a few months ago it was ten cents, I think it will hit $100 someday ;)English ins't my native language so im sorry for spech mystake. I'm new on bitcointalk, i´ve been following this website to see some posts since i started care about crypto currencies some moths ago... So i have like 300USD to use in some cryptocurrencies I dont want to buy Litecoins nor Bitcoins or other of this currencies with a high price. I want other currencies that are under 1USD right now, wich in future could be at 5-10USD or something like that. I want to use it in multiple cryptocurrencies, like 50USD for NXT 50 for NET...etc If you have this money for with this conditions what you will do? Thanks and sorry for my bad english :( i will watch it ;) Forums and communitty to see if the people are good and this shit Thanks Title: Re: Where should i use 300$ Post by: Mistercoinz on January 09, 2014, 11:10:39 PM CoinyeCoins, you should buy CoinyeCoins
Title: Re: Where should i use 300$ Post by: garcias on January 09, 2014, 11:48:12 PM CoinyeCoins, you should buy CoinyeCoins are they out already? I've seen them on geek.com( geeky website) but dont know when they will be out :( Title: Re: Where should i use 300$ Post by: FireBTC on January 10, 2014, 12:04:49 AM If I were you I would by BTC on BTC-e
Title: Re: Where should i use 300$ Post by: garcias on January 10, 2014, 12:10:13 AM If I were you I would by BTC on BTC-e ill give it a try to see if they are good Thanks Title: Re: Where should i use 300$ Post by: nerobie on January 10, 2014, 11:32:37 AM I would advise reading up and making your own decisions
Title: Re: Where should i use 300$ Post by: garcias on January 10, 2014, 12:30:04 PM I would advise reading up and making your own decisions Thats what im doing :) this post: https://bitcointalk.org/index.php?topic=134179.0 is the best to know what one do exist and wich ones are dying or dead etc I have now 2000Lottocoins by giveaway Didnt bought a single coin, searching for the best one to invest but CureCoin and Emunie got my attention :) Title: Re: Where should i use 300$ Post by: CapitolCoin on January 10, 2014, 02:41:25 PM @garcias Wow, thats a useful writeup. I'm saving that link for later, thanks!
Obviously, any investment has a potential to not pan out and that holds true especially for crypto currencies. However, I did pretty good on BTC-e recently. I noticed that when Bitcoin takes a hit, all the alt's are affected too. Bitcoin is essentially the reserve currency of all Alt coins since it is the easiest way to get them, so this makes sense. But often the alt currencies go down against bitcoin as well (probably because people are trying to convert them to BTC so they can cash out), so their reaction is kind of overstated. I saw this pattern a few times and moved a good chunk of Bitcoin to BTC-E the next time it happened. I didn't just buy everything though. My take on the Alts: Peercoin: First to market with Proof of stake, this coin actually solves something so it could go the distance. Bought a bunch at $2~, sold it for $6~ on the rebound. Novacoin: Secondary bet on PoS- seems like it may be more actively developed, and for some reason the market seems to value it higher. I bought some at $15, sold it at $17. Not my best performance, but it seemed to hit a price wall so I was happy to not loose any money on it. Litecoin: If I'm long on Bitcoin, I'm kind of medium on Litecoin. On one hand, I don't think it solved any real problem with Bitcoin (because "It's hard to Mine bitcoin" isn't a real problem). On the other hand, its 2nd to market so there is value in the adoption rate. Bought at $17 sold at just below $24. Feathercoin: I'll be honest, this one was more of a lark. Just going by what the market seemed to believe it was worth before the crash, I thought it was undervalued so I could buy a boatload. I bought at 27 cents and sold half of them at at 46 cents. Biggest regret: Not buying Namecoin. It's stupid because I really believe in it- the possibilities for distributed DNS, messaging, etc. are awesome. But I had a over 10 from merged mining, so my brain checked out like I already had some. I could have bought it at $3 a pop and made bank selling at $6.5. I should probably mention that I left a a little in each currency so that if it kept shooting up I could still make some money on it. Not sure that was the right call- probably would have made more if I did a full exit and just waited for the market to dip. We'll see.. Title: Re: Where should i use 300$ Post by: eazyc14 on January 10, 2014, 02:55:24 PM Buy a beer for yourself or a good dress.
Title: Re: Where should i use 300$ Post by: garcias on January 10, 2014, 07:23:09 PM Buy a beer for yourself or a good dress. dont like beer ;D Title: Re: Where should i use 300$ Post by: garcias on January 10, 2014, 07:25:56 PM @garcias Wow, thats a useful writeup. I'm saving that link for later, thanks! Obviously, any investment has a potential to not pan out and that holds true especially for crypto currencies. However, I did pretty good on BTC-e recently. I noticed that when Bitcoin takes a hit, all the alt's are affected too. Bitcoin is essentially the reserve currency of all Alt coins since it is the easiest way to get them, so this makes sense. But often the alt currencies go down against bitcoin as well (probably because people are trying to convert them to BTC so they can cash out), so their reaction is kind of overstated. I saw this pattern a few times and moved a good chunk of Bitcoin to BTC-E the next time it happened. I didn't just buy everything though. My take on the Alts: Peercoin: First to market with Proof of stake, this coin actually solves something so it could go the distance. Bought a bunch at $2~, sold it for $6~ on the rebound. Novacoin: Secondary bet on PoS- seems like it may be more actively developed, and for some reason the market seems to value it higher. I bought some at $15, sold it at $17. Not my best performance, but it seemed to hit a price wall so I was happy to not loose any money on it. Litecoin: If I'm long on Bitcoin, I'm kind of medium on Litecoin. On one hand, I don't think it solved any real problem with Bitcoin (because "It's hard to Mine bitcoin" isn't a real problem). On the other hand, its 2nd to market so there is value in the adoption rate. Bought at $17 sold at just below $24. Feathercoin: I'll be honest, this one was more of a lark. Just going by what the market seemed to believe it was worth before the crash, I thought it was undervalued so I could buy a boatload. I bought at 27 cents and sold half of them at at 46 cents. Biggest regret: Not buying Namecoin. It's stupid because I really believe in it- the possibilities for distributed DNS, messaging, etc. are awesome. But I had a over 10 from merged mining, so my brain checked out like I already had some. I could have bought it at $3 a pop and made bank selling at $6.5. I should probably mention that I left a a little in each currency so that if it kept shooting up I could still make some money on it. Not sure that was the right call- probably would have made more if I did a full exit and just waited for the market to dip. We'll see.. Thankyou for the inpuut And your last quote is something ive been thinking, when we see Bitcoin value over time we want to keep a little of each one maybe we get lucky on one :) Wich sites do you use for deposit money and exchange for bitcoins/litecoins whatever? I use cryptsy for save my coins but seems like they have a lot of bugs on their code and are slow :( Title: Re: Where should i use 300$ Post by: ChilledTamale on January 10, 2014, 07:53:59 PM Bitcoin or Litecoin no question
Title: Re: Where should i use 300$ Post by: CapitolCoin on January 29, 2014, 02:50:04 PM Quote Thankyou for the inpuut And your last quote is something ive been thinking, when we see Bitcoin value over time we want to keep a little of each one maybe we get lucky on one :) Wich sites do you use for deposit money and exchange for bitcoins/litecoins whatever? I use cryptsy for save my coins but seems like they have a lot of bugs on their code and are slow :( Heh, not sure if that was the right call- especially right now, with all the cryptos down. But hey, gotta think long term, right? As for which sites, I use BTC-E for everything except DOGE. BTC-E seems to only trade in coins that are notable enough, so they only have 7 alt coins there. Cryptsy kind of takes the other route- I think they have something like ~150 different alt coins! I manage monitor them all on MyAltCoins.com. A bit buggy, but pretty graphs, and its nice to see all of it in one place. I only buy my BTC on Coinbase. I haven't had enough money to spend to make any other site worth the hassle. Right now is actually probably a really good time to buy, I just don't have the cash right now. Good luck! Title: Re: Where should i use 300$ Post by: chocomav on February 01, 2014, 03:13:03 PM Coinbase is probably the easiest and most convenient way to buy bitcoins as they link to your bank account and also allow you to purchase a small amount instantly each week. Dogecoin could potentially crash but it does seem to have a lot of active users so it can still have some longevity.
Title: Re: Where should i use 300$ Post by: Sonny on February 01, 2014, 03:31:36 PM Bitcoin or Litecoin no question OP deliberately mentioned "I dont want to buy Litecoins nor Bitcoins" lol. Title: Re: Where should i use 300$ Post by: oxfardk on February 04, 2014, 07:03:39 AM Go to buy some BTC with these 300$
CoinyeCoins, you should buy CoinyeCoins lol this altcoin is no more hype ;D Title: Re: Where should i use 300$ Post by: rohnearner on February 04, 2014, 07:16:51 AM Hi all, One thing i still don't understand is if so many alt coin releases and say few of them succeed doesn't it make decline in BTC rate..? can anyone send me a link to a thread/post where i can read all this in details.English ins't my native language so im sorry for spech mystake. I'm new on bitcointalk, i´ve been following this website to see some posts since i started care about crypto currencies some moths ago... So i have like 300USD to use in some cryptocurrencies I dont want to buy Litecoins nor Bitcoins or other of this currencies with a high price. I want other currencies that are under 1USD right now, wich in future could be at 5-10USD or something like that. I want to use it in multiple cryptocurrencies, like 50USD for NXT 50 for NET...etc If you have this money for with this conditions what you will do? Thanks and sorry for my bad english :( Title: Re: Where should i use 300$ Post by: R0yalAir on February 04, 2014, 10:31:43 AM One thing i still don't understand is if so many alt coin releases and say few of them succeed doesn't it make decline in BTC rate..? BTC is the first cryptocurrency and altcoins are clones simply Title: Re: Where should i use 300$ Post by: torezo on February 04, 2014, 01:24:24 PM Buy nxt and double your money ;)
Title: Re: Where should i use 300$ Post by: R0yalAir on February 05, 2014, 03:18:59 AM Buy nxt and double your money ;) depending the price, you can loose everything as well Title: Re: Where should i use 300$ Post by: Sonny on February 05, 2014, 07:56:50 AM Buy nxt and double your money ;) depending the price, you can loose everything as well I would rather put my money to play a 50% bet. ;) Title: Re: Where should i use 300$ Post by: R0yalAir on February 06, 2014, 04:42:55 AM Hi all, One thing i still don't understand is if so many alt coin releases and say few of them succeed doesn't it make decline in BTC rate..? can anyone send me a link to a thread/post where i can read all this in details.English ins't my native language so im sorry for spech mystake. I'm new on bitcointalk, i´ve been following this website to see some posts since i started care about crypto currencies some moths ago... So i have like 300USD to use in some cryptocurrencies I dont want to buy Litecoins nor Bitcoins or other of this currencies with a high price. I want other currencies that are under 1USD right now, wich in future could be at 5-10USD or something like that. I want to use it in multiple cryptocurrencies, like 50USD for NXT 50 for NET...etc If you have this money for with this conditions what you will do? Thanks and sorry for my bad english :( Perhaps this link will help you to know the details (https://bitcointalk.org/index.php?topic=449637.msg4945438#msg4945438) Title: Re: Where should i use 300$ Post by: DeathProxy on February 06, 2014, 07:11:33 AM Invest it on ppc and primecoin.
Title: Re: Where should i use 300$ Post by: R0yalAir on February 06, 2014, 10:22:53 AM Can someone else give me more ideas? if you don't know where to use your money just give it to someone |