krazyk55 (OP)
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February 19, 2014, 05:52:59 PM |
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I have 1300 USD and would like to buy some more coins to hold. What do you suggest I buy? BTC, LTC, NXT? I also do not have any mining equipment and was considering getting some but hesitant...
(Sorry if this is the wrong section)
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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rmines
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February 19, 2014, 05:55:05 PM |
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I'd say buy some BTC but wait with buying at least until MtGox has made their press statement.
Chances are at least 50% prices will decrease so you'll be able to buy in lower.
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cdog
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February 19, 2014, 05:58:26 PM |
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50-50 BTC and LTC
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krazyk55 (OP)
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February 19, 2014, 06:31:18 PM |
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Thanks for info! The one thing I cant stand though is the fact that I have to buy BTC first to get LTC, is anyone working on USD - LTC?
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teukon
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February 19, 2014, 06:38:34 PM |
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I have 1300 USD and would like to buy some more coins to hold. What do you suggest I buy?
Gold. |
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rmines
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February 19, 2014, 06:56:42 PM |
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Thanks for info! The one thing I cant stand though is the fact that I have to buy BTC first to get LTC, is anyone working on USD - LTC?
Err..most exchanges, such as kraken.com, offer you the option to buy USD/LTC directly. |
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Cyberlight
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February 19, 2014, 07:25:56 PM |
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I have 1300 USD and would like to buy some more coins to hold. What do you suggest I buy?
Gold. Good advice, last year 30 percent down. |
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moriartypants
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February 19, 2014, 10:30:30 PM |
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Thanks for info! The one thing I cant stand though is the fact that I have to buy BTC first to get LTC, is anyone working on USD - LTC?
If you live in the US Atomic trade accepts ACH transfers, which removes another layer of friction. |
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Philosophy4You
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February 19, 2014, 11:33:20 PM |
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Definitely Cryptogenic Bullion because its got PoS (proof of stake) so your investment will gain interest. Also, CGB only requires 200$/day to sustain its price which is why it has been steadily increasing in price even during this bitcoin 'crash.' Read up on it and you'll see why it's going to be an incredibly smart investment, especially if you're thinking long-term. Hope your investing goes well! www.reddit.com/r/CryptogenicBullion |
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teukon
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February 20, 2014, 12:23:23 AM |
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Definitely Cryptogenic Bullion because its got PoS (proof of stake) so your investment will gain interest.
Sure, you receive up to 1.5% interest just for holding the coins, but there is 2% perpetual inflation, resulting in an effective 0.5% demurrage. |
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miffman
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February 20, 2014, 04:42:09 AM |
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Check out Cryptogenic Bullion  madesparq project is in development |
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WompRat
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February 20, 2014, 09:19:14 AM |
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I have 1300 USD and would like to buy some more coins to hold. What do you suggest I buy?
Gold. Gold is pretty good advice. A lot of bitcoiners are former gold bugs attracted by the whole deflationary aspect mixed with the buzz of a new tech. With bitcoin in a serious bear market and gold looking like it is going up, a fair bit of bitcoin will be shifted back to gold. 50/50 BTC and gold if you must hold some crypto. |
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Ethapus
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February 20, 2014, 11:04:24 AM |
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I have 1300 USD and would like to buy some more coins to hold. What do you suggest I buy?
Gold. Gold is pretty good advice. A lot of bitcoiners are former gold bugs attracted by the whole deflationary aspect mixed with the buzz of a new tech. With bitcoin in a serious bear market and gold looking like it is going up, a fair bit of bitcoin will be shifted back to gold. 50/50 BTC and gold if you must hold some crypto. Not sure if the OP is wanting to buy gold, he was asking specifically for (crypto-)coins. I also third the opinion of Cryptogenic Bullion. It is interesting to note that CGB aims to emulate gold with as closely as possible (hence the name), while at the same time offering all the benefits of crypto. My coin of choice  Perhaps a healthy split between two or three options you believe in would be a good thing. I would personally not hold LTC, BTC is fine, NXT is risky, though potentially rewarding. Just my humble opinion |
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mrgian
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February 20, 2014, 02:33:52 PM |
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just wait some day,and then at the right moment buy bitcoin!!!!  |
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NUFCrichard
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February 20, 2014, 02:54:35 PM |
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This isn't the altcoin forum, so I'll say Bitcoin.
PMs wouldn't be a bad choice either though.
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el_Tico
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"Fly you fools"
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February 20, 2014, 03:54:21 PM |
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Thanks for info! The one thing I cant stand though is the fact that I have to buy BTC first to get LTC, is anyone working on USD - LTC?
Couldn't agree more. It's rough having to buy Bitcoin and then transferring it to Btc-e to buy Ltc. Litecoin follows Bitcoin in price, so might as well buy Bitcoins. |
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mootinator
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February 20, 2014, 07:01:51 PM |
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Thanks for info! The one thing I cant stand though is the fact that I have to buy BTC first to get LTC, is anyone working on USD - LTC?
Couldn't agree more. It's rough having to buy Bitcoin and then transferring it to Btc-e to buy Ltc. Litecoin follows Bitcoin in price, so might as well buy Bitcoins. Or you could just use Vault of Satoshi... Virtex... |
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brokedummy
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February 20, 2014, 09:52:37 PM |
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Milk. Price is heading to record highs!
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