How do I start investing in cryptocurrency?

[kipikipi]

so I have some few more questions.

I have seen in Internet trader groups that sell information about pump of some coin. is that really working? smells like other people want your money for registration.

is it still profitable to invest money in cloud mining like genesis? have read only positive reviews.

have a good sunday!

[1713585971]

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[ACCadcoin]

If I was you I should watch out buying coins if you don't have the money the buy 1 BTC. Bitcoins and Altcoin are very volatile

[harjas2517]

Definately you can buy some part of bitcoin it is not important to buy whole coin & u can start trading with small value of bitcoin In the starting go slow don't make haste & you should aslo do some research while trading any coin & to take opinion of others will also be helpful while trading.

[maeusi]

so I have some few more questions.

I have seen in Internet trader groups that sell information about pump of some coin. is that really working? smells like other people want your money for registration.

is it still profitable to invest money in cloud mining like genesis? have read only positive reviews.

have a good sunday!

I would recommend to watch cryptocurrencies yourself on exchangers like poloniex, yobit, cryptopia or livecoin. You will get a good feeling about coins that will pump and to studybitcointalk for profitable ICO.
Cloud mining contracts can be, if any, at the most profitable on longterm. You have mostly at least to wait for one year to begin to make profit.

[Chase]

Hello guys. Im pretty new to cryptocurrency. So I have read  for about 1 month news and articles about altcoins and bitcoin, mining vs buying crypto, trading and investing, checking each day price of top 10 coins. I do understand that I can not make billions since I should started few years ago. But I really like the idea of crypto and I would like to support / help it by buying / investing some money into altcoins. I dont have enough money to buy bitcoin. Here come questions :

1) Im interested in benefit / result in long term. So I want to make my portfolio low risk. I have read here on forum different opinions like “litecoin is total ***” and that “all altcoins dont have future” and “bubble of altcoins will be destroyed”. As Im pretty newbie on which factors should I first look at? Capitalisation? Creator of coin? Technologie or protocol?
2) Would you suggest to divide my start capital in 10 parts?
3) Is it OK to buy part of bitcoin and not whole coin?
4) Is it good time to buy now coins since almost every coin is dropping in price? Should I wait now or buy after SegWit?
5) Can you please link other forums or websites with helpful info for exploring and learning?
6) And some reliable websites for buying crypto from Europe and online wallets?
7) If I also want to try mining should I start then with coins like litecoin and ripple?
Which alternative is good to programm Coinigy (trading programm) ?

Thanks for reading and good luck all.

Hi kipikipi, and welcome to bitcointalk/cryptocurrency. I just wrote an article that may help with a few of your questions:

Cryptocurrency and Market Timing Irrationality - http://dnotesedu.com/2017/07/cryptocurrency-market-timing-irrationality/


"So I want to make my portfolio low risk." - This will be virtually impossible in current environment, but there are a few tips in the article that may help.

"Would you suggest to divide my start capital in 10 parts?" - That is a good way to spread out your risk, along with starting out with small $ amounts. This is the strategy used by penny stock investors, with the hopes that one of their choices will turn "blue chip", even if the rest flop.

"Can you please link other forums or websites with helpful info for exploring and learning?"  -  The following sites have input from team members with extensive experience in business and finance, on top of their knowledge of the cryptocurrency industry:

DNotesEDU is an educational site for cryptocurrency and personal financial literacy, with new material being worked on regularily - http://dnotesedu.com/

CryptoMoms is a currency-neutral learning center that is open to everyone. The forum is a great place to learn and ask questions - http://cryptomoms.com/forum/

Let me know if you have any questions. Good luck!

[YS84]

Hello guys. Im pretty new to cryptocurrency. So I have read  for about 1 month news and articles about altcoins and bitcoin, mining vs buying crypto, trading and investing, checking each day price of top 10 coins. I do understand that I can not make billions since I should started few years ago. But I really like the idea of crypto and I would like to support / help it by buying / investing some money into altcoins. I dont have enough money to buy bitcoin. Here come questions :

1) Im interested in benefit / result in long term. So I want to make my portfolio low risk. I have read here on forum different opinions like “litecoin is total ***” and that “all altcoins dont have future” and “bubble of altcoins will be destroyed”. As Im pretty newbie on which factors should I first look at? Capitalisation? Creator of coin? Technologie or protocol?
2) Would you suggest to divide my start capital in 10 parts?
3) Is it OK to buy part of bitcoin and not whole coin?
4) Is it good time to buy now coins since almost every coin is dropping in price? Should I wait now or buy after SegWit?
5) Can you please link other forums or websites with helpful info for exploring and learning?
6) And some reliable websites for buying crypto from Europe and online wallets?
7) If I also want to try mining should I start then with coins like litecoin and ripple?
Which alternative is good to programm Coinigy (trading programm) ?

Thanks for reading and good luck all.

Sound knowledge about trading gives you more profit. Therefore I recommend you to read more and more about investing. Good luck!

[ACCadcoin]

You can open an account at Bitmex or Polinex or just buy crypto's and keep it in a wallet.

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[jualidbitmixer]

2. Divide your capital into 10 parts is good though, so when 1 down you still have 9 left to cover it.
3. I think it's good to buy bitcoin and some for alt coin too, but buying all for whole bitcoin also good.
4. Fifty-fifty for me, we still don't know what will happen to bitcoin after segwit come.

[Hellacopter]

I just advice you to take some time to learn more about crypto currencies and trading before investing your money, trading need some knowledge, otherwise you risk losing your hard earned money.

[Mink1993]

The basic thing i could say, acquire some and store it for a while, it will likely be well worth something more at some point and it'll be the simplest money you've ever created in the event it takes place.

[blytheperez]

You might like to start serving as a local bitcoin seller, clearly you have to discover a minimum of a small amount concerning the systems to enable you to stay secure. Apart from that although, there is that 'returns' in your life do not arrive unless you first submitted lots of efforts.

[christopherosero]

This is a high-risk investment for couple of factors like its price is unstable, people unsure from now exactly where its value would go.You will not receive earnings really quickly, yet over the years.Bitcoin could hit $100,000 in 10 years, i read the news a few week ago.

[karinbusch]

Absolutely no bitcoin banks which I recognize, I believe a few individuals have attempted this previously nevertheless they constantly come out as frauds.As far as i concern several investment site for bitcoin, they offer out bitcoin loans and quite a few loans are backed by numerous of individuals, which means you all easily share the interest earnings.Make sure you be careful with those kind of sites too, numerous fellow member loose out when lending.

[luizfscarvalho]

Altcoin isnt a low risk investment, they are very volatile, but in long term if you bealive in the technology it can be a very good investment.
Trading need a lot of knowledge so I would recommend to study a lot before strat trading.
About buy after or before SegWit, I will wait to see how the market will respond to these changes.

[klauskunz]

Always be very careful never to invest money you don't want to loose. Several plan is pointed out on numerous HYIP monitors which may be indication it has got to do with HYIPs which usually 99% turning out to be rip-off soon or afterwards regardless of how beautifull they may be and no matter exactly what they're declaring or lying on their own websites.

[morenomunozdelanava]

Hello guys. Im pretty new to cryptocurrency. So I have read  for about 1 month news and articles about altcoins and bitcoin, mining vs buying crypto, trading and investing, checking each day price of top 10 coins. I do understand that I can not make billions since I should started few years ago. But I really like the idea of crypto and I would like to support / help it by buying / investing some money into altcoins. I dont have enough money to buy bitcoin. Here come questions :

1) Im interested in benefit / result in long term. So I want to make my portfolio low risk. I have read here on forum different opinions like “litecoin is total ***” and that “all altcoins dont have future” and “bubble of altcoins will be destroyed”. As Im pretty newbie on which factors should I first look at? Capitalisation? Creator of coin? Technologie or protocol?
2) Would you suggest to divide my start capital in 10 parts?
3) Is it OK to buy part of bitcoin and not whole coin?
4) Is it good time to buy now coins since almost every coin is dropping in price? Should I wait now or buy after SegWit?
5) Can you please link other forums or websites with helpful info for exploring and learning?
6) And some reliable websites for buying crypto from Europe and online wallets?
7) If I also want to try mining should I start then with coins like litecoin and ripple?
Which alternative is good to programm Coinigy (trading programm) ?

Thanks for reading and good luck all.

Hi Kipikipi!

I guess BTC is not exactly low risk (bank investments are safer but they offer less profit), but btc is definitely safer than most alts.
I'd say start trading with small ammounts at first!

2)Dividing your capital is a great a idea so you can minimize loss.

4) I'd say it's a good time to invest, prices are down, and they might go even lower but eventually they will rise again. Buy now and start your journey in the crypto world

5) I created a thread with learning resources that will be really helpful if you invest time in reading/watching: https://bitcointalk.org/index.php?topic=1996471.0

6) I use coinbase and bittrex from Spain, all good.

I hope it was useful  good luck!

[biocoin_lavkalavka]

But actually, what is the best  cryptocurrency to invest in?

[ruthbabe]

Buy amd or nvidia gpu's, start to mine scrypt coins, you will make a fortune 

Are you sure? Are you using it now? How about your electricity bill?

[harjas2517]

I would suggest you study more and more there are enough videos available on youtube & study it then plan to invest in cryptocurreny for cryptocurrency trading you need to register with cryptocurrency broker I would suggest you to register with Bittrex that I found more Genuine & I would suggest you trade top 10 coins. My best wishes with you.