I have been looking at STEEM and it will be a future purchase.

Honestly Tron is a coin I have no faith in but the hype coming March 31st might just give it a bump. Anything that will give me a quick profit to roll over into more Traditional coins is what I am looking for.

Ripple was another one I questioned, but it has had a pretty good record of gains. With Tron and Ripple I admit I had a little FOMO.

My 288$ investment is worth less than 250$ as we continue to cash. I wouldnt care if it was 1000$ turning to a few hundred. The most painful lessons are the ones best remembered. I can afford as much as 2k a month to invest into crypto without effecting me whatsoever because I made all the sacrifices so I no longer have really any bills... everything is paid for.

Since there isnt really any real profit to be made at the current market, and the prices are dropping lower, so buying anything else isnt something I will rush into.

I have been learning everything I can about RSI, Bolinger bands and MACD.

I took two 12$ crypto classes from UDEMY.com. Heck I even got the free trial of crypto hopper and set it up for test runs using RSI and bolinger bands... I wasnt overly impressed.

Thanks for all the feedback,

My next steps as the price drops is to get into litecoin, ETH, more bitcoin, NEO and I may buy more ICON, I was stationed in Korea and I have lots of faith in just about anything they do.

I want a full bitcoin if not two... but I am going to keep watching the market. I discovered the RSI tool on bittrex today and learned how to understand it, i feel like even though I cant predict the rise and fall of the market, I can react and buy/sell at the right times.

Thank you for the merit, and trust me... I will let a coin completely go bankrupt before I sell it at a loss.

20k?

More like 50K... look at the history of the bitcoin. How much it was and how much its value has increased. There are plenty of wealthy people HODLing BTC just waiting for the price to fall even further. Do you honestly think they wont buy up as much as they can afford?

The guy that got me to pull the trigger on Crypto bought BTC at 2500$( a total of 2 coins ) he needed to cash out 6k for emergency home repairs but by that time 2 coins were worth 18k each a total of 36000 dollars. So he pulled out 6.000$ and the market fell and he still has around 20k of bitcoin left.

He already had 10k of fiat sitting ready to jump when bitcoin gets as close to 5k as possible.

Please sell all your bitcoin at a loss so I can get in cheap.

Im only a few days in and even my little investment has dropped in value. Does it sting a little? Yes, because I am brand new. Am I buying as much as I can reasonable afford focusing on BTC, ETH and Litecoin? I absolutley am...

I got into the market now because I didnt see any point in trying a few months ago at insane prices. I had hoped the market was as low as it could get, but it looks like it has farther to drop. That is exactly why I am making my initial investments in 4 separate buy in periods.

Anyone selling off anything right now is just retarded. Anyone thinking the ABSOLUTELY RIDICULOUS MARKET SPIKE was going to stay that way is retarded. I rethought a few purchases in january and didnt make any plans for my tax return in hopes that the market would drop.

If you arent buying right now, or soon at least the main coins you will regret it when the price goes back up.

Tell that to all the Millionaires that have been holding Bitcoin since it was a few dollars.

Everything you just said said is wrong - Luke Skywalker

Famous last words... This time it will be different.

The Market is a device that transfers wealth from the impatient to the patient - Warren Buffet

How many times has Bitcoin dropped down to surprising lows, and how many times has it risen again giving the patient opportunities for profit?

I dont understand how anyone would be upset if it did drop to 4000$ The guy that suggested bitcoin to me bought in at 2500$ and sold off an entire coin at around 19k.. he is reinvesting 8k and hoping to see it drop to 4k.

Ive been trading Crypto for less than 24 hours and I can already see a bunch of people who are not emotionally strong enough or logical enough for this market.

Please sell off you BTC so I can get in cheap... LOL.

If BTC stayed at 20k and didnt ever go up or down there would be little chance for investors.

Thanks Boyptc,

I grew up just above dirt poor, uneducated, and had to scrape and bust my ass to just get by. I joined the ARMY in 1990 without even having a GED.

I eventually got some college, I eventually put myself through EMT school and then Paramedic school while working 60 hour weeks. The most I ever made as a paramedic Supervisor on an ambulance was about 16$ an hour. My wife who spent money like water fortunately cheated on me with a coworker making it unbearable to stay with that company any longer.

I paid out of pocket for water survival and a few things I knew I would need if I wanted to work offshore and finally got a company to hire me at a pretty lowball wage for offshore work.

I spent 9 of my first 12 months offshore picking up every second of overtime and any assignment that needed to be filled. At the end of that year I made 120k and was the supervisor of 12 paramedics and 6 drilling rig clinics. I have since bought and sold a house, a condo, and two RV's. 4 years later I am about 90 days from paying off my 2br 2 ba condo. My only bills will be 300$ HOA, 100$ Auto insurance, 50$ cellphone and 10$ gym membership.

Since I dont trust the markets and have seen plenty of friends loose money on 401k I started looking at penny stocks, day trading and peer lending. I finally pulled up the historical data for bitcoin. I saw a roughly 500-1000$ price fluctuation every single day. If someone bought low each day and sold at the next high they could conservatively profit 250$ to 500$ a day while rolling over half of all profits into bitcoin to allow for larger investments/returns.... or so my instict tells me.

My current hobby has been buying computers low and selling them on ebay for a little profits and because I like tinkering. My girlfriend is super happy that this month no packages came. She wont be tripping over any bitcoins or Trons... LOL.

I am excited to be a part of the community!

Thanks for the feedback.

I have been making imaginary buys ( writing the buy in amount on a spreadsheet ) and then Imaginary sells when the price of that coin reaches what I feel is the peak for that day. So far no losses, and a few days with 500-1000 gains on BTC speculating.

I could safely deposit 10k on coinbase right now, and as much as I would like to I will start with 1k in 250$ increments.

I do agree that having one Neo is gonna suck when it goes up, I also know picking a few Alts is a solid bet... But there is that new investor part of me that wants to bet on every horse in the race... LOL!

Fortunately buying in low and HODL is looking like a pretty good strategy for the immediate future. I have been waiting on a "crash or correction" to get my feet wet. If I would have waited until yesterday I could have snagged BTC at 8005.31 instead of the initial $8,959.56 per BTC I entered the market at.

With a little patience and practice I hope to do well. The one thing I will never do is sell at a loss. I could loose every penny and it would not effect my daily finances.

I guess thats why they say never invest what you cant afford to loose.

Hello!

Today was my first day on the Crypto Market. I am new to CoinBase so I had to wait for funds to transfer from my bank to BTC. Ideally I ant to get 2 BTC as the price drops, then hold onto one and have one to sell/buy as the market fluctuates.

I decided to jump on a few alt coins, here is my day one portfolio:

TRON 2,000
NCASHNucleus Vision 500
XRP Ripple 94
ICX ICON 25
BNB Binance Coin 2
NEO NEO 1

If the hype behind Tron is true and it does rise at the end of march I will sell most of it off, I feel like its more hype than actual tech.
NCASH, ICON and NEO I plan on holding and feel confident about the tech and partnerships.

I dont know much about ripple, and Binance coin is just for fees ( brilliant for an exchange to give an incentive to buy its coin though ).

I do want Litecoin and ETH, and I really like Oyster/PRL but I am not interested in using another exchange just yet.

I put around 300$ in today, My initial investment will be 700$ more and then 50-100$ a week. I am paying off my condo next month, both my cars are paid for and I have no bills besides a 300$ HOA fee, auto insurance, Prepaid cell and gas and groceries. My GF pays everything else.

Any suggestions? I have been lurking these forums forever.