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Author Topic: Just bought 0.08 btc, trying to plot my next move  (Read 763 times)
shotsoffxx
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January 29, 2014, 01:28:46 AM
 #1

Hey all. Just bought $64 worth of bitcoin on Coinbase, just enough to get my feet wet and try this. It's obvious this market is thriving, and I'm excited to make some money. I plan on watching the prices over the next couple days, but I have a couple questions and need some advice.
I've found a couple of good websites for predictions and speculation on these forums: http://xchang.in/xcharts/blog/
My transaction is still pending on Coinbase, should take 3-4 days. Any idea what a selling point might be then? I know its a ways away, but again, just speculation.
Are there any websites that offer text message alerts if the price/bitcoin were to rise above a certain level ?
Is coinbase a good website to be using?
Any misc. advice for a newbie ?
Thanks

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NEMcoin
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January 29, 2014, 08:38:28 AM
 #2

Try investing it in currencies that are still young and cheap to multiply your money Smiley you won't make a fortune waiting for your bitcoins to grow a thousand times because that already happened. But prepare to lose your money because you can't predict the future, you can only guess what will happen tomorrow.
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January 29, 2014, 09:00:14 AM
 #3

If you have an android, the app Bitcoin Paranoid has an alarm function to notify price changes!
qgmurugan007
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January 29, 2014, 11:33:21 AM
 #4

invest in altcoins
hilariousandco
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January 29, 2014, 12:26:38 PM
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Are there any websites that offer text message alerts if the price/bitcoin were to rise above a certain level ?

Thanks

There are apps for this. You can also set to sell on exchanges once the price hits a certain level.

bitbitz
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January 29, 2014, 01:35:13 PM
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buy some altcoins and diversify your portfolio of 0.08 btc!

Have fun here aswell
Sonny
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January 29, 2014, 01:41:18 PM
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Any misc. advice for a newbie ?
Thanks

Don't panic sell lol  Wink
shotsoffxx
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January 30, 2014, 01:39:29 AM
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Thanks for all the replies! So I guess the question becomes what currencies are young and cheap? Any of them liable to blow up like bitcoins did? Maybe I'll move some of my investment into that..

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January 30, 2014, 04:30:43 AM
 #9

hmm im also new to the crypto's
"investing" in NEM lol, hope itll be fun

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February 05, 2014, 09:53:01 AM
 #10

i think investing 0.055BTC in NEM is excellent idea

=
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bryant.coleman
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February 05, 2014, 10:00:52 AM
 #11

Don't waste your BTC on altcoins. There is a risk that you may lose all your money.
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