Bitcoin Forum
June 25, 2017, 10:43:48 PM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: So i want to start investing in the cryptocurrency market...  (Read 444 times)
namethathasntbeentaken
Newbie
*
Offline Offline

Activity: 9


View Profile
June 11, 2017, 12:11:50 AM
 #1

First of all, let me introduce myself.

I'm a newcryptoenthusiast, electrical engineering student (aka broke) from Brazil (aka specially broke beause my country's economy has gone to shit) with some aspirations to participate in this cool bubble (sarcasm) called the cryptocurrency market..

So i've been reading and reading and reading about altcoins and i actually found some interesting stuff, but i have no idea on how to start investing in them (??).

I've been particularly interested in maidsafe,lunyr and stratis, so here are some questions and if you guys could answer them to me or point me to a specific direction...that would be insanely appreciated!!

What should i do first to start buying coins/tokens?
What is the best platform to exchange currency and trade coins?
I've noticed that poloniex and kraken show some disparities in the value of some coins, why is that?
What's the difference between tokens and coins?
Where should i keep my coins/tokens?

Thank you and sorry about my grammar errors, english is not my native language but i hope some of it could be understood.
1498430628
Hero Member
*
Offline Offline

Posts: 1498430628

View Profile Personal Message (Offline)

Ignore
1498430628
Reply with quote  #2

1498430628
Report to moderator
Join the Crowdfunding Revolution ►► FundYourselfNow.com ◄◄ Crowdsale with
attractive rewards
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1498430628
Hero Member
*
Offline Offline

Posts: 1498430628

View Profile Personal Message (Offline)

Ignore
1498430628
Reply with quote  #2

1498430628
Report to moderator
1498430628
Hero Member
*
Offline Offline

Posts: 1498430628

View Profile Personal Message (Offline)

Ignore
1498430628
Reply with quote  #2

1498430628
Report to moderator
1498430628
Hero Member
*
Offline Offline

Posts: 1498430628

View Profile Personal Message (Offline)

Ignore
1498430628
Reply with quote  #2

1498430628
Report to moderator
PranDoW
Jr. Member
*
Offline Offline

Activity: 40


View Profile
June 11, 2017, 12:20:04 AM
 #2

I can say one thing, do not invest all the money in a specific altcoins. It is better to invest in several and wait for the result. Before invest  you need to analyze the currency, where it will grow. The forum is full of information, where people share their experiences. It's a long process, but you'll succeed, good luck!
namethathasntbeentaken
Newbie
*
Offline Offline

Activity: 9


View Profile
June 11, 2017, 12:33:48 AM
 #3

I can say one thing, do not invest all the money in a specific altcoins. It is better to invest in several and wait for the result. Before invest  you need to analyze the currency, where it will grow. The forum is full of information, where people share their experiences. It's a long process, but you'll succeed, good luck!
I sincerely mean it when i say that my capital to invest is low.. i'm thinking about making several small investments within periods of time, hoping that some of them payoff after a while, and then start to invest some more $$.
Velkro
Legendary
*
Offline Offline

Activity: 1134


<3 Vanity Addresses :)


View Profile
June 11, 2017, 12:37:39 AM
 #4

What should i do first to start buying coins/tokens?
What is the best platform to exchange currency and trade coins?
I've noticed that poloniex and kraken show some disparities in the value of some coins, why is that?
What's the difference between tokens and coins?
Where should i keep my coins/tokens?
Register on exchange
There is no best, you must choose for urself, there is bitstamp, kraken, btc-e, poloniex and bitfinex most popular ones international exchanges
depends on many factors, mostly on how hard is to deposit/withdraw FIAT
token/coins are smilir terms, describing generally a name of cryptocurrency value/measure amount
for sure not in online wallet, use some software wallet where YOU have full control over ur funds

Smarty14392
Member
**
Offline Offline

Activity: 84


View Profile
June 11, 2017, 04:02:42 AM
 #5

To purchase Altcoins, you will need some investment in bitcoin. You can purchase altcoins at various exchanges like yobit, cryptopia, etc.. Trading means purchasing any coin at low price and selling it when the price hike up.
Yes, as per you say tgere are some price variations at different platforms.
Thats because of different trade volume. But the difference is not big. You can purchase altcoins and hold them untill they grow up. You can de some research on a particular coin before purchasing it

☷☷☷☷☷☷☰☰☰☰ WAVESTHE ONLY BLOCKCHAIN YOU NEEDWAVES ☰☰☰☰☷☷☷☷☷☷
DECENTRALIZED EXCHANGEBTC & FIAT GATEWAYSCOMMUNITY ASSETSICOs/LPOS
▩▬▩▬▩▬▩▬▩▬▩▬▩▬▩▬JOIN WAVES COMMUNITY PORTAL▬▩▬▩▬▩▬▩▬▩▬▩▬▩▬▩
Mkmanik
Sr. Member
****
Offline Offline

Activity: 364



View Profile
June 11, 2017, 05:59:21 AM
 #6

First i want to said, Dont put all your money in one basket. you have to put your money in separate basket i mean currency. You have mentioned you bought Lun, its a great crypto of this year. If my prediction isn't wrong, It will be 20$ in the 2018. Just hold your coin.

              ▄▀▀▀▄
             █     █
▄█▀▀▄▄       █     █       ▄▄▀▀█▄
█     ▀▄▄    █     █    ▄▄▀     █
 █▄      ▀▄▄ █     █ ▄▄▀      ▄█
   ▀▄       ▀█▄   ▄█▀       ▄▀
     ▀▀▄     █ ▀▄▀ █     ▄▀▀
        ▀▀▄  █▄▀ ▀▄█  ▄▀▀
           ███     ███
        ▄▄▀  █▀▄ ▄▀█  ▀▄▄
     ▄▄▀     █ ▄▀▄ █     ▀▄▄
   ▄▀       ▄█▀   ▀█▄       ▀▄
 █▀      ▄▀▀ █     █ ▀▀▄      ▀█
█     ▄▀▀    █     █    ▀▀▄     █
▀█▄▄▀▀       █     █       ▀▀▄▄█▀
             █     █
              ▀▄▄▄▀



▄████████████▄▄████████████████████▄██▄███████████████████████████
██▀▀▀▀▀▀▀▀▀▀▀██▄██▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███████▄███████████▀▀▀▀▀▀██▀▀▀▀▀▀
██████████████████▄██████████████████▀████▄████████████████
████████████████████▀▀▀▀▀▀▀▀▀▀▀▀█████████▀████▄████████████
██▄▄▄▄▄▄▄▄▄▄▄██▀████▄▄▄▄▄▄▄▄▄▄▄▄▄███████████▀███████████████
▀████████████▀▀███▀███████████████████████████▀█████████████
Vika0170
Member
**
Offline Offline

Activity: 70


View Profile
June 11, 2017, 02:59:31 PM
 #7

First i want to said, Dont put all your money in one basket. you have to put your money in separate basket i mean currency. You have mentioned you bought Lun, its a great crypto of this year. If my prediction isn't wrong, It will be 20$ in the 2018. Just hold your coin.

Yes, you need to keep coins in different assets. This will reduce possible risks. And the second important rule is always to follow the news and be able to analyze them. If you do not know how, then read the analysis of experienced traders
BartS
Full Member
***
Offline Offline

Activity: 164


View Profile
June 12, 2017, 05:35:26 PM
 #8

Diversification is key,  you are not going to get every single prediction right but as long as most of them are you could be making a lot of money in this past months you could have made as much as ten times your original investment which is a lot.
iluvpie60
Hero Member
*****
Offline Offline

Activity: 490


lv50 H3, made u rage so hard u went to Playstation


View Profile
June 12, 2017, 06:06:43 PM
 #9

First of all, let me introduce myself.

I'm a newcryptoenthusiast, electrical engineering student (aka broke) from Brazil (aka specially broke beause my country's economy has gone to shit) with some aspirations to participate in this cool bubble (sarcasm) called the cryptocurrency market..

So i've been reading and reading and reading about altcoins and i actually found some interesting stuff, but i have no idea on how to start investing in them (??).

I've been particularly interested in maidsafe,lunyr and stratis, so here are some questions and if you guys could answer them to me or point me to a specific direction...that would be insanely appreciated!!

What should i do first to start buying coins/tokens?
What is the best platform to exchange currency and trade coins?
I've noticed that poloniex and kraken show some disparities in the value of some coins, why is that?
What's the difference between tokens and coins?
Where should i keep my coins/tokens?

Thank you and sorry about my grammar errors, english is not my native language but i hope some of it could be understood.

First of all, are you going to just hold onto these coins long term or are you going to trade them back and forth? If you are going to hold the coins long term you want to store them on a digital wallet, you need to save multiple copies of the wallet(backups).

If you are looking to trade back and forth you have to leave your coins on an exchange which can be dangerous. If the exchange gets hacked you can lose everything you have there so you need to be careful. Many exchanges have been hacked in some way or in a large way.

Only buy what you can afford to lose. Make sure you buy different alt coins and don't just buy one or two or three, buy like 10 different coins. Buy some safe investments like BTC/ETH/LTC/XRP and then feel free to choose some other coin(most other coins are completely shit just so you know). More other coins are scams that go nowhere.

socks435
Hero Member
*****
Offline Offline

Activity: 644


★Nitrogensports.eu★


View Profile
June 12, 2017, 06:53:27 PM
 #10

What should i do first to start buying coins/tokens?
-Start with your own money just small amount is enough to start making your test and learn how trading works.

What is the best platform to exchange currency and trade coins?
Much better to check this site coinmarketcap.com where you can see almost all altcoin.. for me my opinion much better to go in top 20 altcoin

I've noticed that poloniex and kraken show some disparities in the value of some coins, why is that?
Don't honestly.

What's the difference between tokens and coins?
Never test with tokens if you found a website offering a tokens for testing you should try and learn something..

Where should i keep my coins/tokens?
For coins i think either stay your coins in exchange site or make your own wallet to hold your coins..


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Panda Trump
Member
**
Offline Offline

Activity: 84


View Profile
June 12, 2017, 07:01:29 PM
 #11

I really like Bittrex. Poloniex is a no-go for me and I'm not sure about Kraken... But Bittrex is the best exchange as far as I know.

Anyways, I also just started to invest in cryptocurrencies and I've made profit now already (0 loss yet!).

You can either take a risk to potentially make a lot of money through investing in altcoins you think will rise soon...

Or you can look at the difference in price between "Ask" and "Bid" on Bittrex and exploit this difference. Be careful with this, as things can change all of a sudden, but normally it should be a decently safe way of investing... It's low-profit though...  Cry

I'm doing both Smiley

Regards,
-Trump

☷☷☷☷☷☷☰☰☰☰ WAVESTHE ONLY BLOCKCHAIN YOU NEEDWAVES ☰☰☰☰☷☷☷☷☷☷
DECENTRALIZED EXCHANGEBTC & FIAT GATEWAYSCOMMUNITY ASSETSICOs/LPOS
▩▬▩▬▩▬▩▬▩▬▩▬▩▬▩▬JOIN WAVES COMMUNITY PORTAL▬▩▬▩▬▩▬▩▬▩▬▩▬▩▬▩
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!