If you're looking to make any sort of profit from cryptocurrency and you're just starting out, what do you think is the minimum starting investment you ought to put into it?
Yes, I know "you should only put in what you're willing to lose" but surely there should be a barest minimum, right?
You are absolutely right there. IMO, if you want to put your money in any investment (ICO) nowdays, you must invest at least $100. If you only investing small amount, it won't give you big profit. There were some great ICO, say ADX and MCO, if you have invested $100 on those both coins, now you would get $300 from each ICO. It means you have turned $200 -> $600 only from that. ICO are nowadays a good path for the investors as easy investment with kinda less capital and have a scope to double and even put your investment to 4X in a very little time but you have be very careful while investing in an ICO because not all the ICO’s will give you such a profit. There could be many of the ICO’s which can destroy your investment and you can face loss instead of profit. So, it is better to understand first about the features of that currency launched in the ICO.True. However, it seems simply understanding what they offer is one half of the problem with hacking so prevalent. For example, Enigma got hacked during their ICO. |
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If you're looking to make any sort of profit from cryptocurrency and you're just starting out, what do you think is the minimum starting investment you ought to put into it?
Yes, I know "you should only put in what you're willing to lose" but surely there should be a barest minimum, right?
EDIT: If you don't mind sharing, how much did you start with?
I started with 0, built my portfolio from small tasks and giveaways, signature campaigns and so on.Surprisingly, I too started with that and that's what I'm trying to do. What others have said here about "small investment -> small profit" is absolutely spot on though. There are many opportunities to make money in this new economy, you just need to work a bit and then be very smart where you invest your hard earned coins. Very true. Just browsing through this forum has proven to be quite useful many times. |
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I've been saying this for 10 pages now and that was when the daily volume was significant. Now that it's 0, good luck with question 9. I did try to get in contact with them but their contact form is in Chinese so no luck. |
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Rebranding I have the intention of rebranding TME under a different, better name. This would likely not occur for 6-12 months. A snapshot of holdings and genesis batches would be taken, and a newer contract deployed.
This would also give the opportunity to make the base token fully compatible and have it implement totalSupply(). This would allow the base token to be traded on EtherDelta and other decentralized exchanges. The situation with Nova has brought to my attention that using only centralized exchanges to trade puts the token holders at the mercy of exchange issues. Exchanges Although I understand the desire to trade, I think that the value of the base token should be based on the delivery of a service. Therefore I am advocating to wait until the new service is released and the base token rebranded to trade the base token. If an exchange picks TME up in the meantime, that is fine. If the community wants to work to put TME on more exchanges, they can. I do understand that NovaExchange gained TME a lot of publicity. I think you posted here that you're gonna work full time on timereum after it will hit exchanges. And now 6-12 for rebranding? Does that mean that the project is dead??? I simply don't understand that long timeline. Now TME got momentum and lots of people know about it. In 6 months everyone will forget it!Indeed. Based on that estimated timeline this might very well be DOA project. Time is money (literally in the case of TME) and it should be obvious the crypto world isn't going to sit still for 6 - 12 months for a crypto project that got reset before it even got off its first exchange. It appears my decision to not mine my TME and sell at the ATH or thereabout (and make a sizable ~$1K) was naive. Oh well. Lol, my post is not meant for you Conier. My guess is you willing to wait it out. it's meant for those that aren't interested in waiting.
But yeah I paid 100sat before it hit the exchange. Now it's been delisted, and there is no exchange, so the price reverts back to what I was paying before it hit the exchange.
If it doesn't suit you. Cry me a river and hold, but for those that hold a large amount and don't feel like holding. I Can buy it off you. Anyway, I will do you a favor and make it all bold
Bravo! [ -- snip --]
[ -- snip --] [ -- snip --] At 0.000001 BTC. Again, good luck with that. 
And oh, you might want to work on your marketing skills.Sure you have and sure you do. I did wish you good luck though.  |
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Lol, my post is not meant for you Conier. My guess is you willing to wait it out. it's meant for those that aren't interested in waiting.
But yeah I paid 100sat before it hit the exchange. Now it's been delisted, and there is no exchange, so the price reverts back to what I was paying before it hit the exchange.
If it doesn't suit you. Cry me a river and hold, but for those that hold a large amount and don't feel like holding. I Can buy it off you. Anyway, I will do you a favor and make it all bold
Bravo! [ -- snip --]
[ -- snip --] [ -- snip --] At 0.000001 BTC. Again, good luck with that.
And oh, you might want to work on your marketing skills. |
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TME's tenure on an exchange was shorter than the mooch  Anyway if anyone is looking for a speedy way out. Am offering 100 sats to buy your bag. Don't bother yelling that's it's worth more cos you got it for free, and soon you won't have an exchange to sell it at. By the way, am only interested in those looking to sell 25k or more. No need wasting gas on lil orders. PM if interested Amazing. But, seriously, good luck with that.  The Price of BTC keeps going up, might as well sell while you can. Again, this post is not for everyone. Its meant for those interested in a speedy transaction. I can't fud a free coin out of you but I can pay you for it. If you bought off the market it goes without saying that this does not apply to you, rather it's meant for those that didn't quite get the chance to make it to/ sell on the market At 0.000001 BTC. Again, good luck with that. And oh, you might want to work on your marketing skills. . So my price is not based on speculation. Anyway, those interested should pm, I will purchase up to 250k, then am done. Thanks Bravo! [ -- snip --]
[ -- snip --] [ -- snip --] At 0.000001 BTC. Again, good luck with that.
And oh, you might want to work on your marketing skills. |
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TME's tenure on an exchange was shorter than the mooch Anyway if anyone is looking for a speedy way out. Am offering 100 sats to buy your bag. Don't bother yelling that's it's worth more cos you got it for free, and soon you won't have an exchange to sell it at. By the way, am only interested in those looking to sell 25k or more. No need wasting gas on lil orders. PM if interested Counter offer: 5000 TME for 1000 sat for each, and do not tell me it's expensive Interesting. Are you offering 0.00001 BTC/TME or 0.00001 BTC/5000 TME? Please, do clarify. I offered him only a different price: 0.00001btc/1tme 0.05btc/5000tme. Yes, forget about it. It is better to consider how to proceed further with exchanges. For example, what is the opinion of coinexchange.io ? I've already offered links to two which are free to get listed on: ShapeShift and HitBTC. The dev said he contacted the former but I have no idea what he did with the latter. There's also Binance with their unspecified "fee must be in BNB". I'm still waiting for their response. |
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TME's tenure on an exchange was shorter than the mooch Anyway if anyone is looking for a speedy way out. Am offering 100 sats to buy your bag. Don't bother yelling that's it's worth more cos you got it for free, and soon you won't have an exchange to sell it at. By the way, am only interested in those looking to sell 25k or more. No need wasting gas on lil orders. PM if interested Amazing. But, seriously, good luck with that. The Price of BTC keeps going up, might as well sell while you can. Again, this post is not for everyone. Its meant for those interested in a speedy transaction. I can't fud a free coin out of you but I can pay you for it. If you bought off the market it goes without saying that this does not apply to you, rather it's meant for those that didn't quite get the chance to make it to/ sell on the market At 0.000001 BTC. Again, good luck with that. And oh, you might want to work on your marketing skills. |
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TME's tenure on an exchange was shorter than the mooch Anyway if anyone is looking for a speedy way out. Am offering 100 sats to buy your bag. Don't bother yelling that's it's worth more cos you got it for free, and soon you won't have an exchange to sell it at. By the way, am only interested in those looking to sell 25k or more. No need wasting gas on lil orders. PM if interested Counter offer: 5000 TME for 1000 sat for each, and do not tell me it's expensive Interesting. Are you offering 0.00001 BTC/TME or 0.00001 BTC/5000 TME? Please, do clarify. |
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So it seems it's around $10. BTW, I've added an extra question to the OP.
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If you're looking to make any sort of profit from cryptocurrency and you're just starting out, what do you think is the minimum starting investment you ought to put into it?
Yes, I know "you should only put in what you're willing to lose" but surely there should be a barest minimum, right?
Minimum is less than 0.5$ i guess, i wouldn't risk to trade altcoins with more than 10$ though. I guess you mean investment in altcoins as in trading, so that's why i say that. If you'll be able to get at least 5$ from 5$ that you deposited (example) then i think you could try to trade with more. Hmm, that a really small amount, an impossibly small amount when you take into account deposit fees, minimum deposits, trading fees and withdrawal fees (I learnt those last two the hard way  ). But yes, I am talking about trading and agree with the last statement. In my opinion investing in crypto starts to make sense at USD 200 - 300,-. However you can get your feet wet with as little as USD 10,- so there's nothing wrong about starting small.
Watch out for withdrawal fees though. They differ from exchange to exchange and can take quite a bite off your investment if you invest only little and want to withdraw to a wallet of your own. I guess accounting for withdrawal fees the minimum viable investment amount would be at about USD 100,-
Absolutely. That and deposit fees. Like I said above, I learnt about withdrawal fees the hard way. I had to trade my balance twice for LTC just to get it off an exchange. If you're looking to make any sort of profit from cryptocurrency and you're just starting out, what do you think is the minimum starting investment you ought to put into it?
Yes, I know "you should only put in what you're willing to lose" but surely there should be a barest minimum, right?
Most common words from people would be like that definitely "Just invest on the amount you can afford to lose" If you are asking for an amount then this thing wouldnt have an exact number because people do have different financial states and we do have different views on which amount we do consider as a minimum amount. For me the minimum amount to invest on trading would be $100.Some may say it would be big or small enough but this is how i see on this amount. I definitely agree. But even then there's a point where there's no point in putting it in. I started with faucets and my payouts were to Xapo but I had no idea their withdrawal fees and deposit fees where many times more than what I could claim in months. Long story short, I don't have a Xapo account anymore. |
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If you're looking to make any sort of profit from cryptocurrency and you're just starting out, what do you think is the minimum starting investment you ought to put into it?
Yes, I know "you should only put in what you're willing to lose" but surely there should be a barest minimum, right?
EDIT: If you don't mind sharing, how much did you start with?
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TME's tenure on an exchange was shorter than the mooch Anyway if anyone is looking for a speedy way out. Am offering 100 sats to buy your bag. Don't bother yelling that's it's worth more cos you got it for free, and soon you won't have an exchange to sell it at. By the way, am only interested in those looking to sell 25k or more. No need wasting gas on lil orders. PM if interested Amazing. But, seriously, good luck with that. |
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We really should try Binance. They're adding a bunch of obscure (?) coins and DNT has gotten slightly popular because of initial rumors about this: https://i.redd.it/inuwxqx3vigz.pngAnd TME is ever so slightly older than DNT, at least on CMC. Just sayin' BTW, I'm still waiting for those links on the "12lian" exchange. No way this coin will get on binance At this rate it's going to get delisted from CMC too i.e. tagged "inactive". theres a lot of work to be done still. I may be mistaken but I think the dev is a one man team. It'll be a while before this project gets going. We just got to be patient. Shouldn't a significant part of that work have been done before the airdrops even began? Having patience is all nice and good but, like they say, time waits for no one and this project may very well be superseded by another, much like the case with BB and IOTA. In fact, it'll be less of a battle. PS. OAX is getting listed on Binance next week and their prototype is slotted for 2018. |
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I posted links to at least two exchanges that were free and it was pretty much ignored for the most part.
Well, this isn't match dev's plans  Sure. That explains why he got in contact with one of them when I posted it for the umpteenth time.  |
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If it isn't any news from dev, coin willbe dead. I hope that it will be solved or listed on any other exchange. I think, Nova is passed step. It will be cool if Dev list it on Bittrex, Cryptopia, Livecoin or even Poloniex
I posted links to at least two exchanges that were free and it was pretty much ignored for the most part. Im sad and cry. Where is dev? I hope all be ok soon! Dev can i help you?
We can help ourselves by collecting 4 bitcoins for listing If you are developer or official representative of cryptocurrency, you can request adding your cryptocurrency to Livecoin by two different ways. First way is in priority for us.
First way is a direct payment. Price for listing new cryptocurrency is 4 BTC. If you're interested, please contact us via support@livecoin.net
Don't forget to provide detailed information (including technical one) about your cryptocurrency.https://www.livecoin.net/en/coin-listingWe must collect this amount if we want to get a good price for free tokens!Why would you pay 4 BTC to get listed on "Livecoin" when you can get listed on Bittrex for less than a third of that price or free if you're lucky? In fact, why are you looking at Livecoin's outrageous price rather than Binance's unspecific price? |
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I have found an ICO of an exchange that also shares their fees with the token hodlers. It's kinda like this one, without the scam part. PM me if you wanna know the name.
As expected, you just so happen to now "know" of an ICO just like this one but it isn't scammy. Makes sense. TBH, this is really the part I've been waiting for since page ~50 so I'm glad you didn't disappoint. Hehe, yeah. I thought about it, too. You are probably right I shouldn't have said anything. But why since page 50? IIRC that's when all the "WCX IS SCAM!!!" poo started getting flung real hard. |
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I have found an ICO of an exchange that also shares their fees with the token hodlers. It's kinda like this one, without the scam part. PM me if you wanna know the name.
As expected, you just so happen to now "know" of an ICO just like this one but it isn't scammy. Makes sense. TBH, this is really the part I've been waiting for since page ~50 so I'm glad you didn't disappoint. |
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We really should try Binance. They're adding a bunch of obscure (?) coins and DNT has gotten slightly popular because of initial rumors about this: https://i.redd.it/inuwxqx3vigz.pngAnd TME is ever so slightly older than DNT, at least on CMC. Just sayin' BTW, I'm still waiting for those links on the "12lian" exchange. |
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I guess I will just hold my TME airdrop address and just get it once price settles at more than 1 dollar. If the 10 transactions has been made, there is no more way to generate TME tokens? Or if there is, what is it? If you generate the 10 batches than your adresses can not generate any more coins . Maybe the coin can reach 1 dollar but it will take time and steady development. any tutorial how to claim out there ? If you got TME token, just send 0.1 TME from child to parent to generate coins. You need some ETH in your wallet to send TME I've been meaning to ask this so here it goes: how much Eth do I need to send 0.01 TME from my child address to my parent address? Possibly relevant, I'm using myetherwallet. |
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