Bitcoin Forum

Other => Beginners & Help => Topic started by: tylert94 on October 12, 2017, 01:13:43 PM



Title: New to cryptocurrence
Post by: tylert94 on October 12, 2017, 01:13:43 PM
as i said im new and looking to do investing for growth. im not asking what cryptocurrency is gonna go through the roof the next few weeks or months cause i don't think anyone knows for sure.  im asking where i should start my research and what to look for in a new but promising cryptocurrency. where do i find the newest ones? on average how many new ones fail, how many kinda grow, and how many sky rocket? im new so any tips from people who have had success with this would be appreciated.

once you have cryptocurrency how do you turn it back into USD or spend it?


Title: Re: New to cryptocurrence
Post by: MarmaL3X on October 12, 2017, 03:39:22 PM
For trading I use Kraken, because you can easily cash out FIAT into your bank account.


Title: Re: New to cryptocurrence
Post by: Bitfort on October 12, 2017, 03:48:39 PM
I'm also kraken user and never had any issue with them.

As of spending BTCs you can buy lot of stuff here just check the marketplace section https://bitcointalk.org/index.php?board=51.0
But be careful and always use escrow because there is lot of scamers.


Title: Re: New to cryptocurrence
Post by: mk4 on October 12, 2017, 04:01:58 PM
Go through the top 100 cryptocurrencies on https://coinmarketcap.com/ and research on most of them, or all, depending on how much time and effort you're willing to spend. Make sure to take your time on this. Remember, investing involves money. You wouldn't want to lose it.
 
You can read on the new cryptocurrencies on the Announcements (Altcoins) forum, link: https://bitcointalk.org/index.php?board=159.0

How many fail? A lot.
How many grow? It depends. In terms of functionality in general or in price?
How many sky rocket? If you see a certain cryptocurrency being shilled/hyped alot, chances are it's gonna rise. But that doesn't mean it's going to be a successful project.


Title: Re: New to cryptocurrence
Post by: tylert94 on October 12, 2017, 06:46:58 PM
thanks. i used to do penny stocks and i did ok in that. im used to research from that


Title: Re: New to cryptocurrence
Post by: p3rplexamous on October 12, 2017, 08:18:12 PM
as i said im new and looking to do investing for growth. im not asking what cryptocurrency is gonna go through the roof the next few weeks or months cause i don't think anyone knows for sure.  im asking where i should start my research and what to look for in a new but promising cryptocurrency. where do i find the newest ones? on average how many new ones fail, how many kinda grow, and how many sky rocket? im new so any tips from people who have had success with this would be appreciated.

once you have cryptocurrency how do you turn it back into USD or spend it?

I suggest soaking up as much info as you can.  A few resources I use is the Blockchain app on android or iphone.  You can add your holdings, and they have a useful news feature that provides alternative news from those on Reddit.  I built a multireddit for this exact purpose for the currencies, tokens and companies I believe have value, and can be found here: https://www.reddit.com/user/P3rplex/m/digitalcurrency/ (https://www.reddit.com/user/P3rplex/m/digitalcurrency/)

As for how to turn the currencies back into USD, I would suggest making a Coinbase account and linking it up to your bank account.  Doing this in advance, as it can take some time, will make everything fairly painless, and as more time goes on, IMO that it will only get easier.


Title: Re: New to cryptocurrence
Post by: Finimarto on October 12, 2017, 09:00:25 PM
Kraken definitely is a good place to start. Also take a look here:
https://bitcoinwisdom.com/
https://coinmarketcap.com/
https://cointracking.info/

I am a newbi as well and these sites definitely help  ;D


Title: Re: New to cryptocurrence
Post by: Swoshinima on October 12, 2017, 09:19:57 PM
As mentioned, kraken is the way to go to withdraw your funds.

If it comes to trading, I prefer bittrex, because it's website is faster and there are much more coins to trade.


Title: Re: New to cryptocurrence
Post by: dead_m92 on October 12, 2017, 09:26:14 PM
Use poloniex if you are going to trade, you can convert your btc to usdt and the proccess is always the same, exchange it for other currencies or just sell it for your local money.e
If you want to know a little about near pumps or dumps just take a look at the altcoin section of the forum, you will find a lot of tips and news about cryptos, and a lot of information too.


Title: Re: New to cryptocurrence
Post by: a1z.ru on October 13, 2017, 02:48:15 PM
ICO project CRYOGEN will begin on October 17, 2017
Valeria Pride about the project "CryoGen"
https://youtu.be/LJLixbEvh_g
Origins and development of CryoGen

In 2014, the management of KrioRus, at the invitation of the Government of Switzerland, visited six cantons and presented its project to open the first cryocenter in this progressive country with the aim of incorporating the company CryoGen under Swiss jurisdiction.
The Ministry of Economy of the three cantons became interested in the possibility of building a cryocenter in Switzerland and offered mutually beneficial terms of cooperation.

Today, we enter the last stage of coordination, the creation of a European cryonics provider headquartered in Switzerland, vital to the development of cryonics in Europe, along with DNA preservation, organ cryobanking,  inauguration of a genetic archive, and more.
In Switzerland we are joined by many like-minded people and colleagues. We thoroughly studied the commercial real estate market in Switzerland and expect to acquire the best price and quality location for a cryonics center.  Indeed, a decommissioned military bases in the Alps has come onto the market.

We own several small cryonics storage facilities in Russia, where we have tested the installation and transfer of dewars and cryostats (up to 1.8 tons in weight with no load). In the same locations, we have completely established the entire process of cryonics storage for human and animal cryonics patients and DNA samples.

Throughout Project CryoGen implementation, a multidisciplinary approach is planned, involving cryonics supporters from all over the world, as well as cryobiologists, medics, economists and specialists from many other fields, in order to realize the supranational and truly humanistic values of cryonics in the information society of the near future.

KrioRus is the only company outside of the United States that produces dewars of large volume for the preservation of patients' bodies. In this we take pride. serves  For the preservation and storage of small animals industrial dewars will sufice, but for the preservation of the human body it is necessary to use exclusively special design dewars that are produced only in the US and in our country: our own Dewar series Anabiosis.
We have representative offices in New York City, USA, In Mirandola, Italy, and in St. Petersburg, Russia,  with arrangements with funerary service providers in Riga (Latvia), London (UK), Kiev (Ukraine ), Chelyabinsk, Izhevsk, doctors and hospitals in Minsk (Republic of Belarus), Volgograd, Samara and other cities, for support in organization, transportation, cryostabilization  and cryonization.

We have mastered and practice all cryonics technologies. Cryonicists from around the world flock to Moscow in order to come and study at KrioRus. There are 54 cryonics patients and 21 preserved animals in cryonics storage at KrioRus. To date, more than 400 contracts have been concluded for the future cryopreservation of humans and animals.

KrioRus is the only cryonics provider in Europe and Asia that has its own cryonics storage for conservation and long-term storage of cryonics patients, with specialized scientific laboratories and qualified staff. Project details here http://cryogen.me/


Title: Re: New to cryptocurrence
Post by: Jovovich on October 13, 2017, 03:10:48 PM
Use poloniex if you are going to trade, you can convert your btc to usdt and the proccess is always the same, exchange it for other currencies or just sell it for your local money.e
If you want to know a little about near pumps or dumps just take a look at the altcoin section of the forum, you will find a lot of tips and news about cryptos, and a lot of information too.


coinmarketcap is also a goodsite for price on any other altcoins in the market. You can also view tokens and what platform they are using. Bittrex for trading but you have to verfiy account if ever you need to withdraw your funds. And other infos are here in the forum. Just read around the forum and you can read even the unwritten rules that the forum observes for traders.


Title: Re: New to cryptocurrence
Post by: midvoc on October 13, 2017, 11:37:27 PM
ye google coinmarketcap - also check out coinmonsta for up-to-date prices and tweets on coins. And yes please check reddit for cryptocurrency - there is a ton of stuff in those forums.

good luck with your ventures ;)


Title: Re: New to cryptocurrence
Post by: Caesar-Giulius on October 14, 2017, 12:04:18 PM
Hello and welcome to bitcointalk.

Coinmarketcap is a good place to start, new coins might not be listed there.

Another good place will be the “Announcements (Altcoins)”. You are able to read about the coins and ask questions.

Lastly you can join the projects’ social media channels to be updated about the projects’ progress.


Title: Re: New to cryptocurrence
Post by: coinpupil on October 14, 2017, 08:45:49 PM
You can use Bitcoin ATMs to cash out but some charge like 10%.

You can spend it with different crypto cards like TenX and Monaco


Title: Re: New to cryptocurrence
Post by: tyuner4 on October 15, 2017, 04:40:32 PM
You use coinbase and localbitcoin to cover bitcoin to fiat. Alternatively, you can use crypto debit card.


Title: Re: New to cryptocurrence
Post by: TheAndy500 on October 15, 2017, 05:10:14 PM
as i said im new and looking to do investing for growth. im not asking what cryptocurrency is gonna go through the roof the next few weeks or months cause i don't think anyone knows for sure.  im asking where i should start my research and what to look for in a new but promising cryptocurrency. where do i find the newest ones? on average how many new ones fail, how many kinda grow, and how many sky rocket? im new so any tips from people who have had success with this would be appreciated.

once you have cryptocurrency how do you turn it back into USD or spend it?
Personally I used and I am a user of kraken, and many people from this forum will definitely recommend you this way because of the easy way out of FIAT when you want.


Title: Re: New to cryptocurrence
Post by: Choosewise on October 15, 2017, 11:25:30 PM
You use coinbase and localbitcoin to cover bitcoin to fiat. Alternatively, you can use crypto debit card.
This. Could also use kraken or bitstamp if you're from europe


Title: Re: New to cryptocurrence
Post by: elegion on October 16, 2017, 05:29:47 AM

The first thing I would do is research and sit through expert advice on a daily bases. A good place to find the kind of information that you're looking for is at DataDash who is located here: https://www.youtube.com/channel/UCCatR7nWbYrkVXdxXb4cGXw

I currently watch his videos to get a better understanding of what is currently available and what alt coins are trending and why they are trending. Even though I do a lot of my own research DataDash will perform most of my research and make my findings a lot sharper. I really do recommend you give him a try.


Title: Re: New to cryptocurrence
Post by: dissgo on October 16, 2017, 11:32:43 AM
I used to use coinmarketcaps as my references for coins.
it summarize information u need, like its web, circulate supply and its markets.
for fiat, use coinbase.


Title: Re: New to cryptocurrence
Post by: altcointalk14 on October 16, 2017, 05:43:32 PM
Kraken definitely is a good place to start. Also take a look here:
https://bitcoinwisdom.com/
https://coinmarketcap.com/
https://cointracking.info/

I am a newbi as well and these sites definitely help  ;D

I also used all of these pages. It is best to do everything with coins on your own experience or knowledge but without reading we are unable to do so.


Title: Re: New to cryptocurrence
Post by: Gargo on October 16, 2017, 05:47:03 PM
I used to use coinmarketcaps as my references for coins.
it summarize information u need, like its web, circulate supply and its markets.
for fiat, use coinbase.


You have to look around the market, look for cool occasions that happen often. For example, I look at the market as a hobby and I'm sure I'm good at it. Every day I spend on it, because in addition to that it is important, it is really interesting!


Title: Re: New to cryptocurrence
Post by: HARRYscotter on October 16, 2017, 06:13:40 PM
as i said im new and looking to do investing for growth. im not asking what cryptocurrency is gonna go through the roof the next few weeks or months cause i don't think anyone knows for sure.  im asking where i should start my research and what to look for in a new but promising cryptocurrency. where do i find the newest ones? on average how many new ones fail, how many kinda grow, and how many sky rocket? im new so any tips from people who have had success with this would be appreciated.

once you have cryptocurrency how do you turn it back into USD or spend it?

My advice is for you to take it slow and not invest all your money in only one project/coin. Last few months been crazy in the crypto world, this market as grown tremendously and now it's so  easy for anyone to set up his own coin/project so you can expect for more than half of them to be bad investments and to most certanly fail in the first months.

You can start in https://coinmarketcap.com/ and get familiarized with the top projects and then dig in the small to medium market cap projects and go to their Announcement threads and research about thoses project. In the slacks (chat platform of a  given project) there is some good info there to, there you can see how active they are on the coin development.

Another thing, don't invest in a coin that has recently reached its all time high, especially if its a small to medium project. That migh had been a  result of impulse buying from other FOMO investors and soon will get its adjustment and take several months to pass that value again or even never get to that value again.



Title: Re: New to cryptocurrence
Post by: defc0de on October 16, 2017, 10:20:59 PM
First off, never ever invest in something without doing your own research. A good place to start with all info from existing coins in the market is coinmarketcap.com. From there you can check charts, the official website and announcements from that specific cryptocurrency. Next off is to find exchanges which supports the coin. You can pick from high trading volume ones like Poloniex, Bittrex, Kraken or if you want newly listed ICO's Etheredelta would be a good pick. If you're more of the investor type, I suggest you start placing your money on more established coins seated on the top 20-30 of coinmarketcap.com.

If you would like to invest in new coins (could have a massive growth in the future), always check the coins community, devs and roadmap before putting in your money - these are the essential, skip these and you might be looking into a dead coin in the future. It's partly a gamble if it has a low market cap, but the risk is all worth it when the coin skyrockets to the moon. I'm currently holding some ARK for my high market cap coins, but I'm looking at Deep Onion as well for my new crypto to get in. It's fairly new and in round 14 of 40 of their airdrop as of now. Price ceiling was well over ~4USD last time and when this coin goes full blow, who knows what its price could reach. It has a very good potential as a privacy coin, considering all the bans on crypto happening today.


Title: Re: New to cryptocurrence
Post by: NoomDalv on October 17, 2017, 03:33:44 AM
Research, research and more research, specially if you choose to invest in ICO's, i'd recommend checking out their whole developing team backgrounds, what is the main idea of the project? is it innovative? or just another copy? check for constant updates to the project, interviews and blogs/news, and in the end, follow your instinct.


Title: Re: New to cryptocurrence
Post by: Queen999 on October 17, 2017, 06:29:53 AM
If you wanna do research about cryotocurrencies go here https://coinmarketcap.com/ (https://coinmarketcap.com/)
If you wanna cash out your altcoins first you have to exchange altcoins to bitcoins after that you can exchange bitcoins to your local currency using those sites

https://localbitcoins.com (https://localbitcoins.com)
https://paxful.com (https://paxful.com)


Title: Re: New to cryptocurrence
Post by: mirte86 on November 15, 2017, 10:41:12 PM
I like Kraken, but I also used bittrex.
good luck with it.


Title: Re: New to cryptocurrence
Post by: andimac on November 16, 2017, 12:46:26 PM
 hello forum. for beginners, I, am currently very new to cryptocurrency, and so far be collecting altcoins and bitcoins in the the faucethub microwallet , and on level six now, I am just clicking on captchas on collecting, all coins in my wallet addresses, but know very little about the next process, but my question is,  I am on level 6, now, should I just carry on, until, the first digits in my wallet addresses get to look, like, this example , my primecoin, looks like this at the moment, 0.334567733, wait till the first digit gets passed 1. thank you Andrew, in Newcastle upon tyne england


Title: Re: New to cryptocurrence
Post by: Philip Graham on December 07, 2017, 02:44:58 PM
I used to use coinmarketcaps as my references for coins.
it summarize information u need, like its web, circulate supply and its markets.
for fiat, use coinbase.


Title: Re: New to cryptocurrence
Post by: 12popi123 on December 07, 2017, 04:51:12 PM
welcome to crypto world, your first step should be to a coinmarketcap and check there important aspects


Title: Re: New to cryptocurrence
Post by: neverluckymofo on December 07, 2017, 07:49:46 PM
Welcome to Bitcointalk.

Coinmarketcap is a good place to start, new coins might not be listed there.

Etherdelta is a user friendly platform for exchange of newly listed ICO's.

If you want to exchange fiat to crypto, coinbase is quite easy to use and uses credit card to buy crypto.