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Topic: BitCoins for Dummies (Read 337 times)

full member
Activity: 322
Merit: 101
October 29, 2017, 03:48:45 PM
#16
Just buy bitcoin. It goes up fastest and drops down slowest. I wish I'd sold my altcoins for bitcoin before bitcoin's current rise.
hero member
Activity: 866
Merit: 1001
October 29, 2017, 09:49:31 AM
#15
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?

You are free to chose any of the coins.But choosing the coin which delivers you the highest return as well as your investment is secure is also necessary.In that case,i hope that bitcoin would be the ultimate choice since it has been in the market for more than eight years,it has faced many trials and it has successfully overcome such situations.

Bitcoin has almost increased almost nine times in its price in just an year from $650 to $5,700.
sr. member
Activity: 658
Merit: 251
October 29, 2017, 09:44:23 AM
#14
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?


As others have said you should diversify your investment. I have 60% of my investment in bitcoins 20% in Ethereum and 20% in other altcoins. If I earn any profit from altcoins I buy more bitcoins with it. Investment only in bitcoins can be considered as good and safe investment while altcoin market is highly risky. You should choose your coins wisely with some research avoid listening to others.
legendary
Activity: 1878
Merit: 1038
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October 29, 2017, 09:43:13 AM
#13
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?


If you don't know what coin to chose for your investment better not to invest at all. Don't read speculations etc because they are mostly bullshit. It's best to do your own research and invest in what you think will succeed. BTC should always be your number one investment, and you invest small portions of money into other coins.
hero member
Activity: 3052
Merit: 651
October 29, 2017, 09:38:15 AM
#12
There is too much now that is happening with the altcoin section so I guess it is okay to spread some of it out there.
Just be careful what you choose.
Make sure it is the one that could really make profit  for you.
There have been a lot of scams out there.
sr. member
Activity: 840
Merit: 268
October 29, 2017, 09:35:55 AM
#11
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?

Well for me it is better for you to condense your investment.
15% on BTC
10% in Eth
5% XRP
And the remaining 70% is for the other coins that has potential. I am selling this news, ADX price will moon before the end of this year. So don't hesitate in buying adex. Same goes with other alternative coins. They will moon this november. Much better guys if you buy before November 2. Alts party after that.
legendary
Activity: 2982
Merit: 1028
October 29, 2017, 08:56:35 AM
#10
I can advse you to spread your investment across all you listed but bitcoin should carry the highest investment percentage because it is the most accepted and is likely to remain like that for a longer period of time
for sure by doing this your investment will be safe, what is better to do is do more research and find coins that have a good progress, splitting is really
good in looking for more possibilities that will bring a good earnings, just think of your investment as  a long term business don't stop learning crypto's
for sure it will bring more rewarding movement.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
October 29, 2017, 08:28:50 AM
#9
I am pro diversification but I also notice that all other coins so far have failed to get the market share from the cryptos that only bitcoin so far has. I am not talking about marketcoincap website but the actual usage of the coins. You can buy bitcoin only and this would be a very good choice. You can also choose to buy except bitcoin , ethereum and monero which are the most well known coins after bitcoin.
full member
Activity: 532
Merit: 101
October 29, 2017, 08:21:58 AM
#8
I can advse you to spread your investment across all you listed but bitcoin should carry the highest investment percentage because it is the most accepted and is likely to remain like that for a longer period of time
full member
Activity: 265
Merit: 102
October 29, 2017, 08:16:14 AM
#7
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?

try it all for your knowledge in any coin you must do that for your future here in forum the more knowledge you have the more income here like faucet,gambling,trading and joining some open campaign ,if you join already in campaign you need to help other in their question here and they will pay you for do that contructive post
member
Activity: 99
Merit: 21
October 29, 2017, 08:13:08 AM
#6
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?


Bitcoin simply has better news coverage because it's bigger and more used so the price will continue to go up just because of these factors whilst alt coins struggle to get any coverage at all.
legendary
Activity: 1120
Merit: 1000
October 24, 2017, 05:13:00 PM
#5
I personally will choose bitcoin than options that you've just mentioned above since it's a original and i think more decentralized, diversify your investment is a good idea though especially buy coins which has a good future, i mean like don't put all of your eggs in one basket it would be better if you invest in several coins instead of just one so that if you loose you still have profit in other coins just my thought.
full member
Activity: 406
Merit: 100
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October 24, 2017, 04:50:52 PM
#4
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?


We should thinks that bitcoin is the no.1coins now in the platforms of digital currency.when you ranked up the value of coins in the market those XRP or ETH only  second  to the next of bitcoins.but its better you invest these three coins  because  its one of us have a different value and different earning and if you grab  this three coins your so lucky in terms of investment trading.
legendary
Activity: 3262
Merit: 3675
Top Crypto Casino
October 24, 2017, 03:48:55 PM
#3
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?


Diversification of risks is necessary. Try to distribute your profits to various crypto-currencies.
sr. member
Activity: 672
Merit: 266
October 24, 2017, 03:43:34 PM
#2
Best is to diversify your investment and buy a few cryptocurrencies, not only one.
You'll find advices and knowledge in the "beginners and help" section of this forum.
newbie
Activity: 2
Merit: 0
October 24, 2017, 03:39:52 PM
#1
Dear Bitcoin Friends,

I just started and bought some cryptocurrency. I wonder why BTC should be chosen above other cc's as XRP of ETH. Is is better to spread my 'real' money over few cc's or should i buy BTC only?
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