Invest 2k, Exchange

[pooya87]

~
why wouldn't you buy ETH?

because as a project in find ethereum to be terrible:
it is centralized, it has a lot of issues such as exploits in their smart contracts, the scaling problems, the impossibility of running a full node because of its ridiculously huge space requirement (3.22 TB as of this writing, compared to bitcoin that needs ~300 GB), the lack of immutability, and generally being a bad project. on top of that it has unlimited supply which automatically makes it a bad long term investment.

[k771]

Maybe 20 euro in total even less including exchange fee and transaction fees.
Do you really trust banks with your ledger? Safety #1-st, so thing about that again.
Why you chosen BTC and ETH? Its like apple and oranges, almost nothing in common and BTC is store of value while ETH is experiment without store of value concept.

thank you.
for an investment horizon of 5 years, I think those two coins have the highest probability in surviving. I think ETH might be a bit risky but no idea how much. Feel free to provide a suggestion

~
why wouldn't you buy ETH?

because as a project in find ethereum to be terrible:
it is centralized, it has a lot of issues such as exploits in their smart contracts, the scaling problems, the impossibility of running a full node because of its ridiculously huge space requirement (3.22 TB as of this writing, compared to bitcoin that needs ~300 GB), the lack of immutability, and generally being a bad project. on top of that it has unlimited supply which automatically makes it a bad long term investment.

thanks for your input. what would your alternative suggestion be?
I feel that these shortcomings are really a pain but I don't think the market will behave rational and ETH might still have a chance to go up.

[pooya87]

~
why wouldn't you buy ETH?

because as a project in find ethereum to be terrible:
it is centralized, it has a lot of issues such as exploits in their smart contracts, the scaling problems, the impossibility of running a full node because of its ridiculously huge space requirement (3.22 TB as of this writing, compared to bitcoin that needs ~300 GB), the lack of immutability, and generally being a bad project. on top of that it has unlimited supply which automatically makes it a bad long term investment.

thanks for your input. what would your alternative suggestion be?
I feel that these shortcomings are really a pain but I don't think the market will behave rational and ETH might still have a chance to go up.

i personally have never "invested" in any altcoin ever for the past 5 years because i simply have not yet seen any coin that could show any kind of long term potential to me. all i see in altcoins is short term potential and the pump and dumps that take place every day. i only see that long term potential in bitcoin.

there is no just a chance for ETH to go up, it is almost guaranteed for it to go up. but it won't remain up. it will fall after the rise which makes it a bad "investment" but a good thing for short term traders.

[Taskford]

~
why wouldn't you buy ETH?

because as a project in find ethereum to be terrible:
it is centralized, it has a lot of issues such as exploits in their smart contracts, the scaling problems, the impossibility of running a full node because of its ridiculously huge space requirement (3.22 TB as of this writing, compared to bitcoin that needs ~300 GB), the lack of immutability, and generally being a bad project. on top of that it has unlimited supply which automatically makes it a bad long term investment.

thanks for your input. what would your alternative suggestion be?
I feel that these shortcomings are really a pain but I don't think the market will behave rational and ETH might still have a chance to go up.

i personally have never "invested" in any altcoin ever for the past 5 years because i simply have not yet seen any coin that could show any kind of long term potential to me. all i see in altcoins is short term potential and the pump and dumps that take place every day. i only see that long term potential in bitcoin.

there is no just a chance for ETH to go up, it is almost guaranteed for it to go up. but it won't remain up. it will fall after the rise which makes it a bad "investment" but a good thing for short term traders.

I invested on some ICO coins before way back on year 2017 and honestly I quietly impressed and gained some profits by accumulating them on early period but I actually stop investing when the market goes dump and luckily I'm save for that matters since almost all of the altcoins right now is absolutely on critical stages, I never saw any good movements nor little sign on there recovery pump and that totally annoyed me to look after another alts.

But right now would rather go to leverage trading and trade with ETH and BTC since this two big coins on crypto have frequent potential movements that can make us earn more.

[o_e_l_e_o]

I invested on some ICO coins before way back on year 2017 and honestly I quietly impressed and gained some profits

I refuse to call sending money to an ICO "investing". It is gambling, but with much worse odds than you would get in any casino.

The reason you made money on ICOs in 2017 was because bitcoin pumped. Ever single piece of trash project made gains at the end of 2017, because bitcoin pumped. You could pick any one of the 100 or so useless coins which were being shilled hard on the altcoin boards, on reddit, on twitter, on 4chan, wherever, drop $100 in to it, and make some profit in the space of a week. Go and have a look at any one of those coins now. They are all dead or dying, all down >95% from their all time high, all with no use or ongoing development, all with tiny volumes of only bag holders trading between each other.

If you treated ICOs as the pump and dumps that they are, and got out quickly, then yes, you could gamble and make some profits. If you "invested" in them for the long term, then you will have lost the majority of your capital. With every single one, you would do better over the long term by just buying BTC.

[ivakar]

thank you.
I feel that these shortcomings are really a pain but I don't think the market will behave rational and ETH might still have a chance to go up.

well, if I were you, then my choice of coins to buy and hodl, would be exactly the same
and regarding exchange where you could buy crypto - I would go with binance, or maybe exmo

by the way, fees should be like 1-2% in total I think

[abel1337]

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I invested on some ICO coins before way back on year 2017 and honestly I quietly impressed and gained some profits by accumulating them on early period but I actually stop investing when the market goes dump and luckily I'm save for that matters since almost all of the altcoins right now is absolutely on critical stages, I never saw any good movements nor little sign on there recovery pump and that totally annoyed me to look after another alts.

But right now would rather go to leverage trading and trade with ETH and BTC since this two big coins on crypto have frequent potential movements that can make us earn more.

I've got the same situation man. Getting some profits from ICO by investing in them in early 2017, It's profitable back then when the altcoin era was booming. Many of my friends were attracted and do the same as I do. We do make a large amount of profit back then. But today we stop investing and shilling others to invest in ICO because we all know it has too much risk today and there are big possibilities that it will turn into a scam. It is more essential if we invest in big cryptos like bitcoin and eth and it is easier to maintain than holding a lot of sh** coin on your bag.

[thefever333]

Now it’s hard to predict what will happen to the market and invest now - it can be a big mistake.

[desticy]

Do you want to buy Bitcoin for 2k euros, which is a bit, and at the same time worry about commissions?
Use any major exchange, buy there as much as you need and then forward it to the address of your cold wallet. You can buy currency directly on major exchanges using a credit card.

[Polina_21]

Which exchange would you recommend for low fees? How much fees should I expect? Around 200 Euros?

I know few of the exchanges that support buying through credit or debit card in Europe. Some of the exchanges are: Binance, Simplex, Coinswitch etc. But I am not sure of the fees they charge. You may visit their website and check for the fees.

[MichaelX]

For long term storage and HODL, just buy bitcoin, don't buy anything else. If you do any short term trading or are relatively active and know the risks, you can try the other altcoins, but normally you'd get BTC first.