Bitcoin Forum

Other => Beginners & Help => Topic started by: shotsoffxx on January 29, 2014, 01:28:46 AM



Title: Just bought 0.08 btc, trying to plot my next move
Post by: shotsoffxx on January 29, 2014, 01:28:46 AM
Hey all. Just bought $64 worth of bitcoin on Coinbase, just enough to get my feet wet and try this. It's obvious this market is thriving, and I'm excited to make some money. I plan on watching the prices over the next couple days, but I have a couple questions and need some advice.
I've found a couple of good websites for predictions and speculation on these forums: http://xchang.in/xcharts/blog/
My transaction is still pending on Coinbase, should take 3-4 days. Any idea what a selling point might be then? I know its a ways away, but again, just speculation.
Are there any websites that offer text message alerts if the price/bitcoin were to rise above a certain level ?
Is coinbase a good website to be using?
Any misc. advice for a newbie ?
Thanks


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: NEMcoin on January 29, 2014, 08:38:28 AM
Try investing it in currencies that are still young and cheap to multiply your money :) you won't make a fortune waiting for your bitcoins to grow a thousand times because that already happened. But prepare to lose your money because you can't predict the future, you can only guess what will happen tomorrow.


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: RebelWorm on January 29, 2014, 09:00:14 AM
If you have an android, the app Bitcoin Paranoid has an alarm function to notify price changes!


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: qgmurugan007 on January 29, 2014, 11:33:21 AM
invest in altcoins


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: hilariousandco on January 29, 2014, 12:26:38 PM

Are there any websites that offer text message alerts if the price/bitcoin were to rise above a certain level ?

Thanks

There are apps for this. You can also set to sell on exchanges once the price hits a certain level.


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: bitbitz on January 29, 2014, 01:35:13 PM
buy some altcoins and diversify your portfolio of 0.08 btc!

Have fun here aswell


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: Sonny on January 29, 2014, 01:41:18 PM
Any misc. advice for a newbie ?
Thanks

Don't panic sell lol  ;)


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: shotsoffxx on January 30, 2014, 01:39:29 AM
Thanks for all the replies! So I guess the question becomes what currencies are young and cheap? Any of them liable to blow up like bitcoins did? Maybe I'll move some of my investment into that..


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: 2fresh on January 30, 2014, 04:30:43 AM
hmm im also new to the crypto's
"investing" in NEM lol, hope itll be fun


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: mladen00 on February 05, 2014, 09:53:01 AM
i think investing 0.055BTC in NEM is excellent idea


Title: Re: Just bought 0.08 btc, trying to plot my next move
Post by: bryant.coleman on February 05, 2014, 10:00:52 AM
Don't waste your BTC on altcoins. There is a risk that you may lose all your money.