You will need a ethereum wallet which is similar to bitcoin wallet and then join the various groups which are on telegram.There are also other methods apart from joining telegram group. most of them will tell you to complete tasks,and on successfully completing them you will recieve your tokens.
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According to me what you are saying is correct.But none of us know if there would be a significant drop in BTC.Most of the long term investers who have invested in altcoins are probably looking for that one chance when the btc price goes down(which happened when china banned all trades) or something similar so that they can cash out all their investments.
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The first time i traded it ended up horribly wrong,i could have settled with 15% profit but i got greedy and lost almost 150 usd.At that time 150 was a very significant amount for me. The more you trade and increase your experience and get exposede to all the different methods the better it is. Btw keep it up.
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According to me the biggest risk is loosing all our money,that would be the worst possible case. This risk is not only restricted to bitcoin,but to all other crypto currencies out there,or any form of trading. that is why always invest what you can afford to loose in such risky and unpredictible trading platforms.
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According to me ethereum will never catch upto bitcoin. its like ethereum is derived from bitcoin.Even if ethereum becomes a hit like what bitcoin is right now,i believe bitcoin will be something bigger.
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according to me its probably upto the buyer,i.2. depends on the profit margin he has set. In general it is advisable to sell when there is a sudden rise in its prices because usually it is followed by a dip. (this dip may have no or significant impact .)
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According to me its a good idea to invest some into altcoins simultaneously. Top 5 for me are 1.Ethereum 2.litecoin 3.ripple 4.monero 5.dash
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According to me investing all your savings i.e 12500 which is a big amount is not advisable,though this year has been going exceptionally good for btc there is no guarantee what might happen in next 5-10 years. so i would advise you to only invest part of your savings into buying bitcoins and ethereum.
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i am mainly dealing in btc right now,but at the same time i am also buying and selling altcoins for almost a same constant price for no or minor profit.
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According to me the percentage part is up to you to decide as we do not know how stable your current financial condition is ,how many loans you have and other debts.The only thing advisable would be to invest what you can afford to loose not more not less.
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Even I started by using yobit but I left almost a year and a half ago,as every one mentioned their owners are just so greedy,according to me there were high chances of loosing my bitcoins there.currently none of my friends use yobit
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According to me googling it would just provide you with basics ,for in depth knowledge and strategy you should try to watch various videos on youtube ,be updated with the news. YouTube is the best medium to learn trading.
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According to me its not a good time to sell bitcoin,unless you have invested long back and are enjoying a hell lot of profit and thus without risking much you are selling it. But for investors who have not bought much time ago I would suggest them to hold it as in this year there has been an incredible rise in its prices
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The more fee you pay the faster the transaction is,go check out a mining pool you might be able to speed up your transactions also many sites have special slots which are booked most of the time,you might get one if you are lucky
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Yes,I do use bitcoins to make online purchases but since its not accepted in major sites like amazon and all , I use it more for buying games and doing trades.
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Yes,I once told my friend to invest a small amount like 100-200$ in bitcoins but he refused to so,this was when the price of btc was around 1000$,now the price keeps on rising and he is still confused about when he should buy.
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According to me bitcoin wallets like xapo mycelium are the safest place to store ure bitcoins, XAPO provides a vault to keep it extra safe In case you loose your account you should try for a typical cold storage .
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According to me if this keeps on going Satoshi nakomoto will easily come in the top 10 richest person list in another 20 years,this genius has made a revolution and the future belongs to btc.
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I never thought bitcoin would rise so much after china banning btc trades,and to my suprise btc prices increased by almost 2000 usd in the same year.
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According to me once you have sent the money and the transaction has been confirmed there is 0% possibility of getting it back,all you can do is know which address you sent your btc to,this is the reason deep web accepts payment only in btc,because it is impossible to trace the owner through the transaction details.
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