Damn I got all my coins in there. Which should i use?
Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)
- Thread starter irishfury
- Start date
heisenburrr
Have Fun Staying Poor
Seriously thinking of dumping my individual stocks and just investing it in bitcoin. I'd still have my index fund so I wouldn't be missing much 
BushidoBrown
Superstar
I never asked for his total invested amount or total profits/loss
Mostly just inquiring about how he got in the game and his general strategy that got him retiring early
Aint on no
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LTC soaring today. Almost at $70.
I've made a GRIP this month in bitcoin. Gonna take a nice vacation this christmas...
I've made a GRIP this month in bitcoin. Gonna take a nice vacation this christmas...
LTC soaring today. Almost at $70.
I've made a GRIP this month in bitcoin. Gonna take a nice vacation this christmas...
????
paperbag
Death to the demoness Allegra Geller
If youre rick averse just buy bitcoin on coinbase, move it to a wallet and add more when it dips. Pumps and dumps are very stressful and youll lose everything if you dont do at least a bit of research
you can buy it on coinexcjange.io, you dont have to use any affliate link
LTC= litecoin
If you see a coin name of symbol youre not familiar with just google the coin name + coin+ cap and look at the coinmarketcap.com page, it will have the historical price data/volume and markets where it can be purchased
step one get a coinbase account and get verified
or alternately download a wallet app like coinami or mycellium and buy from localbitcoins- only people with a 100% rating
Is this secure? Will I get the keys or whatever they're called? I don't want to send in my passport because Coinbase has already been hacked once already from what I know.
paperbag
Death to the demoness Allegra Geller
yes, you will hold the private keys if your coins are on in a wallet. MAKE sure you write down your seed phrase(16 or 24 words auto generated when you set up the wallet) you can use it to recover your coins if you lose your password/login/device. stressing again write it down and keep in a safe place offline(waterproof ect).
Ive never had a problem purchasing on coinbase, just the ridiculous wait time, but that is being phased out. As a newbie purchasing there is very simple, just move the coins to a wallet as soon as possible, also set up 2FA- (2 factor authentication, either a text you receive or even better through google authenticator) for any exchange you use. I havent used localbitcoins myself, but i have used a bitcoin ATM at one of the casinos, fees were outrageous. Equifax can get hacked and wells fargo steals money out right, coinbase seems safe for purchasing, just dont keep you coins there.
heisenburrr
Have Fun Staying Poor
has there ever been a bad time to buy?
McTwerk
Dreams and Nightmares
This. I was way late to the game but got in around the 4400 mark, and that was only ~12 days ago. This is a sound investment and you can't compare today to the people who got in for 1000, 200 or a dollar. That ship has sailed. Most average people today are buying at most a few coins and people like me are buying fractions at a time to accumulate a coin or two. I'm not waiting for dips when putting in 1000-2000 every other pay cycle. It's a long term investment and the time to 'trade' bitcoin seems to have passed unless you got hundreds of thousands to put in and want the quick terms of 2-4%.
I work in cyber security and have been hearing about bitcoin for years but waa always reluctant since my stock portfolio was doing fine. I'm kicking myself now for that, but hindsight is always 20/20. I don't get too concerned with buying at the highs because I believe we haven't seen the true high yet. When I'm buying 0.10 coins at a time the difference between 5400 and 5600 is basically mute.
Just my two cents.