Formerly Black Trash
Philosopher, Connoisseur, Future Legend
Good investment?
Nah its not too late.
Lite coin and Ethereum are good ones to buy too. Its a better "investment" than spending it on a new toy that you'll only appreciate fully for a month.
Watching money make money is beautiful
I read somewhere that Bitcoin may be 3.2 million by 2020
shyt may not go that far but if hits another growth I wanna but at least $1000 right now
Yeah its probably not even too late to get into bitcoin. No one can predict the future but with the mainstreaming of cryptocurrency, its not absurd to think that we haven't reached the height of bitcoin itself yet. You may have missed the 200->10k climb, but doesn't mean its not possible to get on the 10k->50k or 100K growth in a few years.
Though I think a safer bet for big gains are in ethereum and litecoin. Also IOTA is one to look out for which has the backing of several huge corporations including microsoft. Only time will tell.
If you have money to lose, and tax refunds are usually spent on frivolities, I say go for it and take the chance.
Yeah. Most people use coinbase for the first account and to buy either lite coin, ethereum, or bitcoin with USD. Once you get your money into a currency there then you can start moving it to other exchanges like cryptopia, binance, and Gdax to exchange the currencies you bought on coinbase for other coins. This is usually how you get the less popular coins.Is there anyway to put a 100 on various coins where I can forget about it.
Also the market is gonna bubble soon obviously, would our economy tanking make Bitcoin rise?
Can you direct me to correct location to dive into this logic.It's still an early market as it's only 9 years old. Its decentralized and currently unregulated(may be changing) but you'd be better off just buying gold since bitcoin is essentially, a digital currency mocking gold-back cash. Or buy diamonds in bulk (easy to do online and much easier when you travel). Always good to have portable wealth.