You would think that since I work - and practically live - online that I'd have gotten into BTC sooner, but noooo. It first hit my radar about two years ago, but didn't pique my curiosity until about 6 mos ago. I didn't get started with it until about a week and a half ago.
I bought my first ghs (0.02 ghs was all I could afford at the time) on Friday. I've been throwing all the BTC dust I've been accumulating over at Coin Base at it and I am pleased to say that I am up to 1.105 ghs less than 24 hours later. I've got a bank transfer coming into Coin Base on Tuesday so I can buy another 2 ghs.
I'm loving what I am seeing, but I confess I don't completely understand it.
I saw somewhere on the board something about the ghs that I buy only belong to me for a year. Is that true? What will happen to them after that year?
Is there something else I should be working toward to maximize my earnings? My first thought is that most of my profit should get rolled back into ghs. Is this accurate?
Also, as far as the other cryptocurrencies I am accumulating on CEX, what should I do with them? Where is the best place to convert them all to BTC?
Thank you for bearing with my painfully newbie questions
- Cynthia