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Author Topic: Advice for a crypto beginner?  (Read 704 times)
Ocherill
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April 27, 2018, 11:52:09 AM
 #101

You will not get good amount of btcs with that much of money so its better to buy some tokens or Lites and Invest them for long
Dudeperfect
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April 27, 2018, 05:25:31 PM
 #102

It depends on your risk profile and expectations from the market. If you are keeping your funds in Crypto itself then that is already a type of investment. As you said you have already bought it Ethereum, I am assuming that you have your own research for taking that decision and in such case, I would recommend you to have faith in the same and hold it as per your strategy. You can do further research in crypto industry and re-invest your ethereum in multiple other coins out there but make sure that you are not relying blindly on others opinion.
upekhaanthony
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April 27, 2018, 05:53:30 PM
 #103

As a beginner, you should not go to trade. you have to learn market behaviour, chart and market analysis.  I think it is better to keep  60% of your portfolio as BTC and ETH. Other portion you can invest in Good ICO and stable coins. Before invest on any coin or ICO do your own market research.

crypto reva
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April 27, 2018, 10:11:48 PM
 #104

Hi! Thank you for answers!
papon13
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April 27, 2018, 10:17:14 PM
 #105

If you are a good trader then you can start trading or HODL.
FeverMore23
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April 28, 2018, 01:46:14 AM
 #106

Always invest what you can afford to lose. Research before you invest in some coin but for now, i will recommend you to invest in bitcoin. It is good for beginners.
Thian778
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April 28, 2018, 12:59:57 PM
 #107

Hold your 5 ETH for chances of more comeback and use the remaining 3 ETH to invest more crypto on ICO, since you can buy more kind of token that can bloom on the near future and your income will be x100.
swallovwvile8
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April 28, 2018, 05:10:47 PM
 #108

Move gradually and dont waste all your money at once. Trade in small amount and try to figure out your faluts before flourishing more into it
Goatswag
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April 28, 2018, 05:46:09 PM
 #109

Spread your portfolio between btc and eth 50/50..might seem like little money now, but wait a few years Smiley Also, I would set aside 1 eth and invest in 1 ICO..if you do your research right and get lucky you can do 10-20x, which will be a good foundation for trading/investing going forward for you.
I agree with this user. it's purely ones own strategy,but having ETH definitely is worth holding onto and one ETH right now is worth a decent amount. If you were to use 1/8th as this person said, to invest in an ICO that after studying it seems promising to you, that can potentially be a lot of tokens for you that will increase in value once the project gets flowing. Just be sure not to put all your investment in one place, I really dont see that as wise and especially with quite a few promising altcoins being born from the ICOs going on that right now will be cheap to buy. Good luck! Cheesy
cryptonandi
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April 28, 2018, 07:05:35 PM
 #110

This could be helpful for a crypto beginner - http://cryptoshib.com/crypto-beginner/
jak3
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April 28, 2018, 08:20:45 PM
 #111

According to me put your money on investments if you play skillfully you will get a good amount of money in return and investments does not get close this early but remember to choose an investment which does pe because there are many fake investments out there. And I do not think that you should ever ask anyone to get advise company because everyone has a different point of view, according to the current market.
SchiefelbeinBTC
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April 30, 2018, 02:35:40 AM
 #112

Invest those aleady brought ETCs in any exchange markets and wait for he next downfall so that you can buy some btcs this time with those profits
vuanhquan
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April 30, 2018, 07:06:04 AM
 #113


You can keep it, you should not use for trade when no know about money field market, and not enough available to lost it
volleyballslenderF
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May 01, 2018, 02:16:59 PM
 #114

Start with a small trading amount and then only go higher in the stuff.
benbenrlin
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May 01, 2018, 02:38:16 PM
 #115

Personally I would invest in some promising altcoin, it’s more a gambler perspective. If you wanna sleep relaxed then it might be good to keep your btc, otherwise if you are looking for some consistent ROI invest in Alts with strong fundamentals such as ICX. That said, it’s a matter of risk management, the more you risk the more you can lose as well as gain.

Good luck!
Salesman4coinZ
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May 01, 2018, 02:52:55 PM
 #116

My advice for every beginner: DOnt start in to cryptos Grin You ask me why? Its simple! There are two ways how you will end. The first one, you will invest in some cryptocurrency, send it to your wallet, forget it and you will look at the value in some years again. Thats very rare. The second way is: You buy your first cryptocurrencies, and you look all ten minutes to the charts and you will waiting the whole time that the coins will go to the moon. This will not happen, and you will see other currencies who will rise faster. You will spend more money, and more time in cryptocurrencies, but you will make just less profit.
Charloz24
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May 01, 2018, 02:56:07 PM
 #117

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

In need of advice. Don't really know how to get into crypo, but I definitely want to. Could somebody point me in the right direction?

Edit: Also, can somebody enlighten me as to what /r/BTC and /r/Bitcoin disagree on? I've looked at both sides, but I honestly still don't know what both sides are.
You can invest in interesting project. I told about altcoin company. If there a get good results of his work and development, price can be up x10
LadyBiz
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May 01, 2018, 06:13:47 PM
 #118

Personally I would invest in some promising altcoin, it’s more a gambler perspective. If you wanna sleep relaxed then it might be good to keep your btc, otherwise if you are looking for some consistent ROI invest in Alts with strong fundamentals such as ICX. That said, it’s a matter of risk management, the more you risk the more you can lose as well as gain.

Good luck!

I, too, would prefer to choose promising altcoyins, since they have a growth potential higher
CryptoEnthused
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May 02, 2018, 12:13:50 PM
 #119

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

In need of advice. Don't really know how to get into crypo, but I definitely want to. Could somebody point me in the right direction?

Edit: Also, can somebody enlighten me as to what /r/BTC and /r/Bitcoin disagree on? I've looked at both sides, but I honestly still don't know what both sides are.

That depends on your risk tolerance. Alts are better return but higher risk. Usually, the younger you are, the more risk you can take. If you lose everything, that's no big deal. You will earn more during your life. So decide yourself. But I think you should keep at least a half in BTC and ETH.

r/BTC is bitcoin community and r/bitcoin is bitcoin cash (bitcoin fork) community. Bitcoin cash tries to pass itself off as a "true bitcoin". The way "Satoshi wanted it to be". The thing is nobody knows what Satoshi would like to do. Now people sign petition against Roger Ver, a well known Bitcoin Cash prominent for constantly saying that bitcoin cash is real bitcoin. The site of bitcoin cash is bitcoin.com. True bitcoin site is bitcoin.org. I don't have anything against bitcoin cash except that they fool people into believing that it's true bitcoin. That's not fair at all. No, it's not real bitcoin. Don't fall for it. If bitcoin cash is worth it, then why hide behind bitcoin brand name?
krogothmanhattan
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May 02, 2018, 01:50:17 PM
 #120

What to do with BTC? I would say print out a paper wallet, load the wallet with the BTC and stash somewhere for long term HODL

  It might not be worth much now but once Bitcoin increases in price your $250 will be worth a lot more.

  For example...if you had the $250 converted to BTC at todays price it will be 0.027777BTC

  Once BTC reaches the 100,000 dollar mark that same amount of BTC will be worth $2,777 dollars

  Now imagine what that would be worth when Bitcoin hits $1,000,000.

  Yep that same $250 will then be worth $27,700.

 So my advice is to hold. Goodluck on your decision!

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