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[Luminent]

How do you invest in bitcoins / altcoins?

Where do you buy/sell bitcoins and altcoins?

I want to invest in some, but looking for answers first, Any tips will be appreciated.

Also, how do you trade/exchange bitcoins and altcoins?

 

[kkckkc]

I agree that bitcoin is a long term investment and also try get referral for each bitcoin sites to enhance earning.

And for short term trading of bitcoin, it is not easy and may like gambling because you have to pay fees each time which is not low ,especially you trade in small amount, and you may have more chance to meet scammers if frequent trading in short term

 

[robking03]

I have poloniex. I wanna try trading too. I have a few altcoins that i currently own. . Does somebody know someone that we can follow like a blog or something on where to invest and what coins will have a good potential

 

[kkckkc]

trading in altcoin is easy, just trade inside facuethub will be much safer.

From now on, I can't find any investment of bitcoin is better than saving in freebitco for annual interest rates of 4.08. But I don't want to put all my eggs in one basket so I gonna want to find more like freebitco but trusted and legit for at least few years !

thx

From the China banning cryptocurrency events, I think I have to diversify my earning in cryptocurrency more, earning bitcoin while earning other around 9 altcoin in facuethub, and just opened a myfreewallet multicoin apps account to save my altcoin except bitcoin, so that I will not lose too much if bitcoin price drops a lot!

 

[Rock1987]

Bitcoin and other crypto-currencies are mysterious in nature. They have the potential to give heavy profits or heavy losses. Invest only a small amount in Bitcoins and other crypto-currencies. Invest such an amount that if you suffer a heavy loss you won't have any agony or remorse. For me coinbase is a good site to buy bitcoins, ethereum and litecoin. Bittrex and poloniex can be used to convert bitcoins to other crypto-currencies.

 

[Luminent]

Bitcoin and other crypto-currencies are mysterious in nature. They have the potential to give heavy profits or heavy losses. Invest only a small amount in Bitcoins and other crypto-currencies. Invest such an amount that if you suffer a heavy loss you won't have any agony or remorse. For me coinbase is a good site to buy bitcoins, ethereum and litecoin. Bittrex and poloniex can be used to convert bitcoins to other crypto-currencies.

Thanks, I'm about to buy some and invest with them on Poloniex.

 

[kkckkc]

investment in bitcoin and altcoin or even (perfectmoney like a bit bonds) is a bit like investment in high risk and volatility stocks in real stocks market, and saving it in sites like freebitco to earn annual interest (like stock dividend ) in my opinion.

Do you think so?

 

[kaphokz]

How do you invest in bitcoins / altcoins?

Where do you buy/sell bitcoins and altcoins?

I want to invest in some, but looking for answers first, Any tips will be appreciated.

Also, how do you trade/exchange bitcoins and altcoins?

I suggest that you should buy in bittrex. I am exchanging some coins that has a big market cap because my mentor said that I sould invest in an altcoin that has big market cap

 

[overcast]

one option you can choose is buy another alt coin. and then convert that into the bitcoin. that seems to be something to approach with. many people choose the bitcoin and other alt coin. and it seems to be working for them. but overall i think you should choose what makes you comfortable. I am investing into steem dollars and bitcoin. and may even go for the XRP. but in future for now.

 

[mmmbeefy]

Coinbase is by far the easiest way to get Bitcoin from a bank account or credit card. From there, I personally recommend the Exodus wallet because it has most of the major currency coins and asset coins, it's the easiest way to develop a portfolio without having to deal with the clumsiness and security issues with exchanges (they have Shapeshift built into the wallet). For stuff I can't get there, Bittrex is definitely my go-to exchange.

 

[kkckkc]

c

Coinbase is by far the easiest way to get Bitcoin from a bank account or credit card. From there, I personally recommend the Exodus wallet because it has most of the major currency coins and asset coins, it's the easiest way to develop a portfolio without having to deal with the clumsiness and security issues with exchanges (they have Shapeshift built into the wallet). For stuff I can't get there, Bittrex is definitely my go-to exchange.

Coinbase just had too high fee involved in transaction and Bitcoin ATM seems do not accept coinbase or may take a very long time in processing for taking cash.

So I just use blockchain.info to get cash in bitcoin ATM or myfreewallet to exchange coins inside or Localbitcoin is for trading.

 

[mmmbeefy]

c



Coinbase just had too high fee involved in transaction and Bitcoin ATM seems do not accept coinbase or may take a very long time in processing for taking cash.

So I just use blockchain.info to get cash in bitcoin ATM or myfreewallet to exchange coins inside or Localbitcoin is for trading.

Good tips, will consider switching.

 

[overcast]

I think stellar seems to be a good option. Collect as much as you can. And then convert into the bitcoin. This way you can earn good amount of BTC. Same can be said about the steem dollars. you can pretty much earn good amount of money. And this type of the currency stuff can be good in many ways. I have seen that bitcoin seems to be taking a lot of time for many of us to earn. But people have to think about earning serious cryptocurrency.

 

[yishak1412]

And if they don't increase back? THAT'S A RISK ONE SHOULD TAKE AS WELL! NO RISK NO GAIN!

Agree, anyway those coins are existing for years now so im sure they can make their ups again soon :)

That's right , usually most Cryptos will go back up. What you said mostly happens to cryptos with low trade volume (less than $500k) , many people target these low volume coins for a pump and dump . After the pump and dump the coin is left and people will target other cryptos. The coin won't likely recover to its original value for a long time so before investing anything you should look at the volume of the coin, the chart and the order book.

 

[tusziget]

I think stellar seems to be a good option. Collect as much as you can. And then convert into the bitcoin. This way you can earn good amount of BTC. Same can be said about the steem dollars. you can pretty much earn good amount of money. And this type of the currency stuff can be good in many ways. I have seen that bitcoin seems to be taking a lot of time for many of us to earn. But people have to think about earning serious cryptocurrency.

I have heard about stellar,but never took it seriously.Now,after reading your post,I am thinking searching online for information how to collect them and after that to convert all of them to Bitcoin.This is really a good idea,because I was searching online for some methods how to earn satoshis.With faucets it is very slow earning the satoshis.

 

[Micheal joe]

I use bitcoin in my day to day life its help me to earn money online through trading in Bittrex and in poloniex -best trading platform,i buy bitcoin through localbitcoin its peer to peer also ;coinbase is good for USA resident if you want to buy btc and i store it in Coinbas and in trezor hardware wallet and exchange to Altcoin using Faucethub exchange option.
THANKYOU LIKE PLEASE.......!!

 

[tusziget]

I use bitcoin in my day to day life its help me to earn money online through trading in Bittrex and in poloniex -best trading platform,i buy bitcoin through localbitcoin its peer to peer also ;coinbase is good for USA resident if you want to buy btc and i store it in Coinbas and in trezor hardware wallet and exchange to Altcoin using Faucethub exchange option.
THANKYOU LIKE PLEASE.......!!

I think ,that you understand what trading is all about.I have signed up on one trading platform,trying to understand the things.I was studying the market for several weeks,I was lost within so many cryptocurrencies.After a while I have bought some cryptocurrencies,but that I didn't traded,his price was not so high,and I quit the site.

 

[liah33]

There are some possible investment program where you can invest and grow your bitcoin.. You just need to search for a program that will work best for you of course you need to choose for a legit one that you could double your money over the long run.

 

[Rockgel]

Hi. can you suggest sites that is legit that i can invest or earn bitcoins? It is very much appriciated if you can help me with this i tried many sites some other sites are shutting down and reading the negative feedbacks. Thats why im scared if investing in other sites, maybe you can suggest me from your own experience. thank you! And GODBless.

 

[tusziget]

There are some possible investment program where you can invest and grow your bitcoin.. You just need to search for a program that will work best for you of course you need to choose for a legit one that you could double your money over the long run.

Investing your Bitcoin right now in any site,can be very risky.The price of the Bitcoin is very high right now,and to invest for a long term,that is not quite a safe thing to do.Even if the site is legit and paying.Most of the investment sites last couple of months and you get back only 10% or maybe 25% of your invested Bitcoins.

 

[tusziget]

Hi. can you suggest sites that is legit that i can invest or earn bitcoins? It is very much appriciated if you can help me with this i tried many sites some other sites are shutting down and reading the negative feedbacks. Thats why im scared if investing in other sites, maybe you can suggest me from your own experience. thank you! And GODBless.

I don't know what to say.I have wrote many times,that my it is better not to invest in sites,especially if these sites are hyip sites.You can read even many positive reviews about a site,that doesn't guarantee,that the site will pay for many months or years.If you want to invest in this type of sites,you surely know,that is risky.The only site,where I invested my Bitcoins and got them back with profit was Adscrypto.