Topic: 17 & Bitcoin Interested - page 2. (Read 1254 times)
If you're technically minded, I would suggest you start working on web sties/technologies that accept or take advantage of cryptocurriences. They aren't going away, and there's certainly a lot of money to be made.
Thanks for the reply's guys!
Maybe I should just invest in like .5 Bitcoin and glance at the charts every once in a while to see what's going on. In the best case scenario I comeback in the summer of 2014 I'll have my investment doubled.
Would anyone suggest any other ways of money making online for a teen? Should I dip my feet in the Stock Markets?
bmoconno - Thanks for the reply, I'm going to take a look into BTC-e!
Maybe I should just invest in like .5 Bitcoin and glance at the charts every once in a while to see what's going on. In the best case scenario I comeback in the summer of 2014 I'll have my investment doubled.
Would anyone suggest any other ways of money making online for a teen? Should I dip my feet in the Stock Markets?
bmoconno - Thanks for the reply, I'm going to take a look into BTC-e!
I would suggest buying what you can afford right now, don't spend more than you can afford!
Then move it to an exchange like BTC-e (just NOT MtGox). Once you have it in an exchange, you can sell it off to have a cash balance at the exchange. This will put you in a much better position to take advantage of fluctuations in the value of BTC.
Set up buy orders for a lower value to try to get more BTC during a dip, and setup sell orders to take advantage of spikes. Continue the time tested tradition of buying Low and Selling high until you've got enough capitol to start taking more risks.
Good luck!
Then move it to an exchange like BTC-e (just NOT MtGox). Once you have it in an exchange, you can sell it off to have a cash balance at the exchange. This will put you in a much better position to take advantage of fluctuations in the value of BTC.
Set up buy orders for a lower value to try to get more BTC during a dip, and setup sell orders to take advantage of spikes. Continue the time tested tradition of buying Low and Selling high until you've got enough capitol to start taking more risks.
Good luck!
You can still risk your money on altcoins. Alternatively, you can offer services and be paid in bitcoins.
Hello Forum!
Sooo around the end of October I started to research about Bitcoin (price was still around $250)
I started looking into charts and realized that Bitcoin was steadily rising in value, although not having access to Bitcoin online I was forced to looking on craigslist, which when living in a rural town is not so easy to find a Bitcoin seller. Being located In Canada close to Vancouver I was going to visit a family member and take advantage of the Bitcoin ATM downtown. Then obviously plans changed, prices soared and I was out of luck.
Now being able to access physical Bitcoin I'm trying to wrap my head around Bitcoin charts/understanding trading. I've been keeping up to date on news and been teaching myself slowly but surely...
Being 17 I'm now trying to save money for post-secondary education and I've hit a dead end. Do you think it's too late to invest after the latest correction, or should I take the risk of waiting for another drop? It's my mistake that didn't take the advantage. I'm hoping to go after school tomorrow to purchase Bitcoin If someone can help me deem worth it or not. (Current Price $933 Bitstamp)
Thanks A Bunch
-Matt
Sooo around the end of October I started to research about Bitcoin (price was still around $250)
I started looking into charts and realized that Bitcoin was steadily rising in value, although not having access to Bitcoin online I was forced to looking on craigslist, which when living in a rural town is not so easy to find a Bitcoin seller. Being located In Canada close to Vancouver I was going to visit a family member and take advantage of the Bitcoin ATM downtown. Then obviously plans changed, prices soared and I was out of luck.
Now being able to access physical Bitcoin I'm trying to wrap my head around Bitcoin charts/understanding trading. I've been keeping up to date on news and been teaching myself slowly but surely...
Being 17 I'm now trying to save money for post-secondary education and I've hit a dead end. Do you think it's too late to invest after the latest correction, or should I take the risk of waiting for another drop? It's my mistake that didn't take the advantage. I'm hoping to go after school tomorrow to purchase Bitcoin If someone can help me deem worth it or not. (Current Price $933 Bitstamp)
Thanks A Bunch
-Matt
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