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Totally new to Crypto, go easy on me bros
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Date: January 2nd, 2018 12:46 PM Author: Motley internet-worthy ratface Just opened coinbase and binance accounts.
Right now I am using Exodus as my wallet. Any other recommendations?
What should a total noob look at buying first? I will probably buy a few staples like ETH and LTC, going to stay way from BTC for the time being. |
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Date: January 2nd, 2018 4:34 PM Author: Brass vigorous old irish cottage did you use my binance referral code? if not gfy (http://www.autoadmit.com/thread.php?thread_id=3847126&forum_id=7#35064982) |
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Date: January 2nd, 2018 4:36 PM Author: Motley internet-worthy ratface I did indeed brother! (http://www.autoadmit.com/thread.php?thread_id=3847126&forum_id=7#35064993) |
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Date: January 2nd, 2018 8:20 PM Author: Brass vigorous old irish cottage 1800000000 (http://www.autoadmit.com/thread.php?thread_id=3847126&forum_id=7#35066801) |
Date: January 2nd, 2018 12:59 PM Author: bipolar business firm rigpig Vechain on Binance
https://mobile.twitter.com/Shillman_Crypto/status/948197473088098305 |
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Date: January 2nd, 2018 1:01 PM Author: Motley internet-worthy ratface Thx friendo. Any thoughts on ICX or NEO?
Apparently I should try and get in on a ZIL ICO? |
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Date: January 2nd, 2018 1:07 PM Author: bipolar business firm rigpig Zil ICO passed but it looks like it will moon (http://www.autoadmit.com/thread.php?thread_id=3847126&forum_id=7#35063343) |
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Date: January 2nd, 2018 1:12 PM Author: Motley internet-worthy ratface It's still not listed on an exchange, correct? (http://www.autoadmit.com/thread.php?thread_id=3847126&forum_id=7#35063401) |
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Date: January 2nd, 2018 4:50 PM Author: Learning Disabled Prole Not yet. Word on the street is that it will be listed on EtherDelta (see below) within the next few weeks. (http://www.autoadmit.com/thread.php?thread_id=3847126&forum_id=7#35065105) |
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Date: January 2nd, 2018 1:04 PM Author: crimson passionate gas station partner Look in the "coins that will 10x" thread Vechain is a good one though |
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Date: January 2nd, 2018 1:07 PM Author: Splenetic sanctuary i'd be conservative and invest at least 50% in proven coins and plan to hold them >1 year (http://www.autoadmit.com/thread.php?thread_id=3847126&forum_id=7#35063337) |
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Date: January 2nd, 2018 4:37 PM Author: Motley internet-worthy ratface Fuck conservative.
This is purely speculative and I plan on going MASSIVE on 2 or 3 coins |
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Date: January 2nd, 2018 4:42 PM Author: Learning Disabled Prole What are you looking to do? I think you really have three possible paths in crypto:
If you just want to play it safe and likely 3-5x your money, just buy and hold BTC/ETH/LTC for a year or more. You'll also get the benefits of LTCG tax rate.
If you want to add a slightly higher risk profile and take some measured gambles, you can add a few of the big "altcoins" into the portfolio (think Ripple, etc.) But you'll have to expand onto other trading platforms beyond Coinbase for that, although the major ones are still pretty easy to learn quickly. Binance is a good one.
If you want to shoot for life-changing returns (10-100x gains) then you'll need to diversify out into more obscure altcoins--and in order to get them you'll also need to learn how navigate the tertiary trading platforms, which *might* come with higher risks of fucking up and/or getting hacked (although I think that is overblown if you are smart and careful). EtherDelta and Kucoin are two that you'll hear about on this level. The other issue here is that technically every coin-to-coin exchange is a taxable event... which quickly gets insane and totally unmanageable if you're trading a bunch of little altcoins on a regular basis... |
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Date: January 2nd, 2018 4:50 PM Author: Motley internet-worthy ratface Basically looking to get in on the next BTC/ETH at the ground level.
Right now I'm looking to buy VEN and ZIL when it's offered |
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Date: January 2nd, 2018 4:55 PM Author: Learning Disabled Prole Get on EtherDelta (although don't STORE any coins on their hosted wallet--transfer your purchases off ASAP). You'll need it get ZIL in a few weeks, anyway. Watch a few YouTube videos to learn the basics of how it works.
These are the small market cap coins that I'm in: PayFair (PFR), Publica (PBL), and OysterPearl (PRL). All small cap coins that are currently available on ED but not available on the bigger trading platforms (yet). No guarantees, but I encourage you to Google them--they're all promising, they all address genuine real-world niches/market needs, and they're all still cheap enough that you can get thousands of coins without breaking the bank. I can tell you that I am up substantially (50%+) on my investment on all of them. I plan to hold them all for at least several months, barring something crazy happening.
If any of them truly skyrocket, congrats. And if they all flounder, just ask yourself this: was that ~$5k you dumped into them (or w/e) really going to change your life, anyway? |
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Date: January 2nd, 2018 5:38 PM Author: Motley internet-worthy ratface tyty (http://www.autoadmit.com/thread.php?thread_id=3847126&forum_id=7#35065456) |