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Author Topic: New at this , where should i invest my money ?  (Read 1385 times)
aardvark15
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August 27, 2017, 01:43:18 PM
 #41

Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (bitcoin,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!

For me the best way to get Bitcoins was to buy at Coinbase. You could buy at localbitcoins or some other way, but I wanted to buy with US dollars and I didn't want to get into mining.

Once you buy, you can either just hold those coins or can move them to an exchange that allows short term trading. I use Poloniex but there are other similar sites. You can potentially trade to make some profit which you can put back into buying more Bitcoins.
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August 27, 2017, 03:42:49 PM
 #42

If you are ready to invest not only in bitcoin but in other currencies too, pay attention to upcoming ICOs. Tomorrow Universa project starts its preICO. The details and requirements you can find on their website universa.io. But may be you will decide to wait until they announce the actual ICO. Or look for other projects, this one was just as an example
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August 27, 2017, 05:45:59 PM
 #43

Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!
You are a beginner in this cryptocurrency world. I know that you don't have a prior knowledge about this world. I think before you invest your money, study first all of the information about cryptocurrency.
i will recommend you not to go with the flow. one thing always keeps in mind not to invest in that crypto which is on peak. bitcoin is a very risky investment right now and i will never recommend any one to invest in the bitcoin right now. instead of bitcoin etherium is much better investment right now and i think it will reach to the moon in the near future.
If you are new as you said it is much better to learn first the system of Bitcoin where you need to get to used on transactions and the principle of trading such as buying and selling. The main goal on trading is having a profit out of every transaction so the best thing to consider is having aanagement where you will consider on when to buy or sell your Bitcoin depending on the price and value of Bitcoin.

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August 27, 2017, 06:01:54 PM
 #44

I am assuming that you are going to hold it for the long term as you used the word invest rather than trade. I would recommend you to use cold storage to securely store your altcoins as we have experienced some bad experiences of the reputed exchanges.

You can either use a SECURELY GENERATED paper wallet or hardware wallet (I am not sure if there is any hardware wallet for the altcoins or not).

Now, I usually go with Yobit and Changelly to buy altcoins. There are plenty of good exchanges where you can convert your Bitcoins to altcoins or even buy it using your credit card.
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August 27, 2017, 06:14:30 PM
Last edit: August 27, 2017, 06:25:30 PM by angaper
 #45

Since you are only looking for a long-term portfolio investment and you have no experience in the altcoins market (which works quite differently from the rest of the markets), I would prefer a conservative portfolio rather than risk money on ICOs as you has been suggested in previous posts.

Therefore I do not see the need to diversify in too many altcoins since bitcoin in the medium and long term is a safe bet, as well as Ethereum in a smaller proportion and perhaps a little of BCC because it still has a lot of room to grow.
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August 27, 2017, 06:25:20 PM
 #46

Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!
You are a beginner in this cryptocurrency world. I know that you don't have a prior knowledge about this world. I think before you invest your money, study first all of the information about cryptocurrency.
i will recommend you not to go with the flow. one thing always keeps in mind not to invest in that crypto which is on peak. bitcoin is a very risky investment right now and i will never recommend any one to invest in the bitcoin right now. instead of bitcoin etherium is much better investment right now and i think it will reach to the moon in the near future.
If you are new as you said it is much better to learn first the system of Bitcoin where you need to get to used on transactions and the principle of trading such as buying and selling. The main goal on trading is having a profit out of every transaction so the best thing to consider is having aanagement where you will consider on when to buy or sell your Bitcoin depending on the price and value of Bitcoin.
And do not forget before starting trading, please set your target, cut loss point and ratio earning Bitcoin from every order you will create. It will helps you have a clearly plans and not feel worry when you trading.

Time off to sleep ... ( ̄︶ ̄)~
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August 27, 2017, 06:30:34 PM
 #47

You should start by developing your skills and built your own strategy and secret as this is what you must do yourself. From there you should study the first 10 best coin with high market capitalization on  https://coinmarketcap. com and invest in any of those coins base on the skills you developing. Since you have huge risk capital, you can actually invest in the ten higher market capitalization cryptocurrency.
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August 27, 2017, 06:40:45 PM
 #48

Yes, Op is an beginner to the crypto community. I believe for every beginner self learning is a must and only through that one can be successful. Just entering into it, and investing upon someone's suggestion is not right. It's good to invest researching about different coins and then make the own decision.
That is better advice I think. If you have money and you want to invest in somewhere and be getting some profits and such then you must not be just diving in trading as someone said and you just did. Keep your money safe, go through this forum, and read about trading, coins, investing and then whatever suits you go for it.
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August 27, 2017, 09:08:44 PM
 #49

Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (bitcoin,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!

Split 90% of your funds between bitcoin and bitcoin cash, the rest you should invest in cons less than $1,with a good project and development team. Do your research, there are a few. The profits from your bitcoin investment will cover what you invested in the alts within a few months, the rest is a gamble that could pay off big.
Investing your money in Bitcoin cash is bad decision. Bitcoin cash will be falling soon because it won't be like bitcoin price atm. Bitcoin cash just lukcy because it was "created" when segwit/BIP9/hard fork happened on AUG 1. I never believe with this coin because this is same like other altcoins.
Considering bitcoin cash as a place to invest is stupidity, I would say. Bitcoin cash can never the level of bitcoin. Bitcoin cash somehow get a bit fame and it became lucky. Nothing more than that. It will vanish soon. Just like other coins, it holds useless features. We should keep on searching for better things, but I believe that bitcoin fulfills its users’ needs and it is the most useful way of trading.
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August 28, 2017, 03:21:30 AM
 #50

Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (bitcoin,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!

Split 90% of your funds between bitcoin and bitcoin cash, the rest you should invest in cons less than $1,with a good project and development team. Do your research, there are a few. The profits from your bitcoin investment will cover what you invested in the alts within a few months, the rest is a gamble that could pay off big.
Investing your money in Bitcoin cash is bad decision. Bitcoin cash will be falling soon because it won't be like bitcoin price atm. Bitcoin cash just lukcy because it was "created" when segwit/BIP9/hard fork happened on AUG 1. I never believe with this coin because this is same like other altcoins.
Considering bitcoin cash as a place to invest is stupidity, I would say. Bitcoin cash can never the level of bitcoin. Bitcoin cash somehow get a bit fame and it became lucky. Nothing more than that. It will vanish soon. Just like other coins, it holds useless features. We should keep on searching for better things, but I believe that bitcoin fulfills its users’ needs and it is the most useful way of trading.
Bitcoin cash is just a pump and dump coin and it is an altcoin and not clearly like bitcoin so if you want to generate some cash from a pump and dump then bitcoin cash is a good option but if you want a serious investment which you can put your serious money then bitcoin is still the best way to invest our money even though it already more than 7 years, bitcoin is still the best option.
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August 29, 2017, 06:15:50 AM
 #51

Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (bitcoin,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!

Split 90% of your funds between bitcoin and bitcoin cash, the rest you should invest in cons less than $1,with a good project and development team. Do your research, there are a few. The profits from your bitcoin investment will cover what you invested in the alts within a few months, the rest is a gamble that could pay off big.
Investing your money in Bitcoin cash is bad decision. Bitcoin cash will be falling soon because it won't be like bitcoin price atm. Bitcoin cash just lukcy because it was "created" when segwit/BIP9/hard fork happened on AUG 1. I never believe with this coin because this is same like other altcoins.
Considering bitcoin cash as a place to invest is stupidity, I would say. Bitcoin cash can never the level of bitcoin. Bitcoin cash somehow get a bit fame and it became lucky. Nothing more than that. It will vanish soon. Just like other coins, it holds useless features. We should keep on searching for better things, but I believe that bitcoin fulfills its users’ needs and it is the most useful way of trading.
Bitcoin cash is just a pump and dump coin and it is an altcoin and not clearly like bitcoin so if you want to generate some cash from a pump and dump then bitcoin cash is a good option but if you want a serious investment which you can put your serious money then bitcoin is still the best way to invest our money even though it already more than 7 years, bitcoin is still the best option.
You are right. Bitcoin cash is just another altcoin trying vainly to divert attention of people from bitcoins. Just like many other altcoins, the pumping and dumping phases are not for long periods. We need to invest into bitcoins for enjoying real huge profits. Without bitcoins, we are unable to stay happy in crypto world.
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August 29, 2017, 06:38:50 AM
 #52


You are right. Bitcoin cash is just another altcoin trying vainly to divert attention of people from bitcoins. Just like many other altcoins, the pumping and dumping phases are not for long periods. We need to invest into bitcoins for enjoying real huge profits. Without bitcoins, we are unable to stay happy in crypto world.

BCC promoter has gain so much from this hype. They just ride on bitcoins vulnerability and initiate FUDs. Bitcoin is the pioneer of all the coins and almost all altcoins are paired on it. It has a very large base community supporter and that is why I have a solid trust on it. Still, Bitcoin is King.

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August 29, 2017, 02:34:38 PM
 #53

did you say newcomer?
Do you already have a lot of information about the investment in crypto?
I do not think you should be too brave to invest if you do not have much information about cryptocurrency. better to seek and understand first the investment system.
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August 29, 2017, 02:45:37 PM
 #54

Go with your gut feeling, choose either altcoins or ICO's. Both have good future if you know where you're putting your money. Right now I invested in Kickico which raised more than 30k ETH in less than 2 hours. I would suggest you the same you do.


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August 29, 2017, 02:59:06 PM
 #55

Hey, i'm new at this crypto issue,i used to invest in the stock market

Welcome  Grin, hopefully you enjoy in here.

and now i want to invest around 10k-15k in few coins (bitcoin,dashcoin,ripple)
how do i start ?

why you choose to invest in dashcoin and ripple? You should learn and find out about these coins potential, not bad at all.
I have no doubt about bitcoin, but do not buy it at the peak, I guess bitcoin price will fall in October. But, if you don't want to miss current rally, you can invest now and sell it if you have certain % of profits.

there are any recommended companies?
Thanks!!

I am not sure there is a company to manage your funds, trade it for you.
But, there are some new projects to invest, if they can make it works, successful, then you may get big portion.
I prefer to trade by myself, choose between coinbase, kraken, bittrex to do it. You can check it this site : https://bitpicker.io as comparison between exchanges.
Google may help about which exchange is perfect for you.
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August 30, 2017, 08:44:49 AM
 #56

did you say newcomer?
Do you already have a lot of information about the investment in crypto?
I do not think you should be too brave to invest if you do not have much information about cryptocurrency. better to seek and understand first the investment system.
Good opinion, we also have to be careful because the amount of investment is large enough

 
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August 30, 2017, 01:30:55 PM
 #57

Hey, i'm new at this crypto issue,i used to invest in the stock market and now i want to invest around 10k-15k in few coins (bitcoin,dashcoin,ripple)
how do i start ?
there are any recommended companies?
Thanks!!

Split 90% of your funds between bitcoin and bitcoin cash, the rest you should invest in cons less than $1,with a good project and development team. Do your research, there are a few. The profits from your bitcoin investment will cover what you invested in the alts within a few months, the rest is a gamble that could pay off big.
Investing your money in Bitcoin cash is bad decision. Bitcoin cash will be falling soon because it won't be like bitcoin price atm. Bitcoin cash just lukcy because it was "created" when segwit/BIP9/hard fork happened on AUG 1. I never believe with this coin because this is same like other altcoins.
Considering bitcoin cash as a place to invest is stupidity, I would say. Bitcoin cash can never the level of bitcoin. Bitcoin cash somehow get a bit fame and it became lucky. Nothing more than that. It will vanish soon. Just like other coins, it holds useless features. We should keep on searching for better things, but I believe that bitcoin fulfills its users’ needs and it is the most useful way of trading.
Bitcoin cash is just a pump and dump coin and it is an altcoin and not clearly like bitcoin so if you want to generate some cash from a pump and dump then bitcoin cash is a good option but if you want a serious investment which you can put your serious money then bitcoin is still the best way to invest our money even though it already more than 7 years, bitcoin is still the best option.
You are right. Bitcoin cash is just another altcoin trying vainly to divert attention of people from bitcoins. Just like many other altcoins, the pumping and dumping phases are not for long periods. We need to invest into bitcoins for enjoying real huge profits. Without bitcoins, we are unable to stay happy in crypto world.
Hahahahaha yes without bitcoin you are not going to be happy in life. This can be true for many cases but not for everyone. Still it is so sure about bitcoin that it has a fantastic magic of changing the lives of people who just started it from scratch and now they are well-beings in living standard.
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August 30, 2017, 01:34:16 PM
 #58

Go with your gut feeling, choose either altcoins or ICO's. Both have good future if you know where you're putting your money. Right now I invested in Kickico which raised more than 30k ETH in less than 2 hours. I would suggest you the same you do.
Investing money in ICO projects are good because it will help us to make more money easier than the usual way to make money like trading and investing. If we all know how to analyze the coin if it is a worth it to invest or not then it is better to just do ICO investment because you need to invest and wait for the exchange then you can have a chance to double or triple your money within a few days.
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