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Topic: Got my 1st BTC, and now? (Read 6066 times)

hero member
Activity: 504
Merit: 500
October 28, 2015, 11:24:15 AM
#94
start trading alts

Trading alts is a very dangerous game. If you have no inside information, you will lose a lot. 99.9% altcoins are scams. All the market cap of alts added up is less than of bitcoin.

Well not completely all alt coins are scam.
A good amount of them are trusted and have millions of dollars invested to bring up an alt coin.
But the number of 'sh*t or scam coins' is being increased and there is a high risk to invest there.
legendary
Activity: 1246
Merit: 1000
October 28, 2015, 10:37:47 AM
#93

Yeah I agree, there are plenty of coins that have been established for years. I also agree it's not really profitable if you don't know what you are doing but it's fine to make a quick buck. I wouldn't recommend going all in.

That I can definitely agree with, there are alot of legit projects that frankly have trouble making people any money. But another BTC bullrun I think will benefit alts as they did in early 2014.
legendary
Activity: 1568
Merit: 1000
October 28, 2015, 10:29:04 AM
#92

Trading alts is a very dangerous game. If you have no inside information, you will lose a lot. 99.9% altcoins are scams. All the market cap of alts added up is less than of bitcoin.

lol it's not 99.9%, maybe 75-80% but not that high.



Yeah I agree, there are plenty of coins that have been established for years. I also agree it's not really profitable if you don't know what you are doing but it's fine to make a quick buck. I wouldn't recommend going all in.
legendary
Activity: 1246
Merit: 1000
October 28, 2015, 10:23:49 AM
#91

Trading alts is a very dangerous game. If you have no inside information, you will lose a lot. 99.9% altcoins are scams. All the market cap of alts added up is less than of bitcoin.

lol it's not 99.9%, maybe 75-80% but not that high.

member
Activity: 70
Merit: 10
October 28, 2015, 10:21:00 AM
#90
start trading alts

Trading alts is a very dangerous game. If you have no inside information, you will lose a lot. 99.9% altcoins are scams. All the market cap of alts added up is less than of bitcoin.
I agree of this, trading is not easy its high risk you can lost your btc in just minute so before you go in trading better to gain knowledge first.
sr. member
Activity: 462
Merit: 250
October 28, 2015, 10:10:21 AM
#89
start trading alts

Trading alts is a very dangerous game. If you have no inside information, you will lose a lot. 99.9% altcoins are scams. All the market cap of alts added up is less than of bitcoin.
newbie
Activity: 11
Merit: 0
October 28, 2015, 08:41:31 AM
#88
Start betting, easy money
full member
Activity: 232
Merit: 100
October 28, 2015, 08:21:33 AM
#87
start trading alts
hero member
Activity: 994
Merit: 500
October 28, 2015, 07:06:05 AM
#86
Well, my wallet is under 0'5 again... I'm trying something and, if goes well, my wallet will rise notably.

Check out this night, if you want  Wink

Result: 1'04BTC

+0'574 BTC in last move.

Mission completed 3 months and 3 days after.

Now... let's go to the 3th!

Your journey really motivates me and i think also the others.
May i know what exactly are you doing, investing your fiat money or trading something else?
I would suggest to continue and never stop collecting bitcoins if you can afford it.
legendary
Activity: 1946
Merit: 1007
October 28, 2015, 02:54:19 AM
#85
Well, my wallet is under 0'5 again... I'm trying something and, if goes well, my wallet will rise notably.

Check out this night, if you want  Wink

Result: 1'04BTC

+0'574 BTC in last move.

Mission completed 3 months and 3 days after.

Now... let's go to the 3th!



So what did you do? Do a leveraged buy or something speculating on the price rise? Or did you start this move a those 3 months and 3 days before?

Or did you use your first btc as well to invest? Quite intreseted in your strategy here!

legendary
Activity: 1652
Merit: 1000
October 27, 2015, 11:17:24 PM
#84
whether you still hold? hold it until 2016, I heard the price will reach $500. I hope it's true, because I am also going to hold Smiley
yes i do agree with you hold it because the bitcoin price is quite good now last time i saw reach to $302 at CoinDesk
and probably the price will rise again
sr. member
Activity: 562
Merit: 251
ALCEDO
October 27, 2015, 11:04:16 PM
#83
Well, my wallet is under 0'5 again... I'm trying something and, if goes well, my wallet will rise notably.

Check out this night, if you want  Wink

Result: 1'04BTC

+0'574 BTC in last move.

Mission completed 3 months and 3 days after.

Now... let's go to the 3th!

sr. member
Activity: 562
Merit: 251
ALCEDO
October 27, 2015, 07:58:08 PM
#82
Well, my wallet is under 0'5 again... I'm trying something and, if goes well, my wallet will rise notably.

Check out this night, if you want  Wink
legendary
Activity: 1554
Merit: 1054
October 27, 2015, 08:22:26 AM
#81
whether you still hold? hold it until 2016, I heard the price will reach $500. I hope it's true, because I am also going to hold Smiley

May be you're right. But my opinion is more than $500 also possible in 2016 with respect to continuation of current trend. All the above the are having the scheduled halving in mid 2016 which must be a big boot to bitcoin prices in 2016. So, hold.

With the current trend bitcoin prices may hit even $600 level in November month itself, it seems. Bitcoin prices are moving now with the push from the new investors whose new money flow into the buying side make this magic possible.
legendary
Activity: 1652
Merit: 1057
October 27, 2015, 07:56:12 AM
#80
whether you still hold? hold it until 2016, I heard the price will reach $500. I hope it's true, because I am also going to hold Smiley

May be you're right. But my opinion is more than $500 also possible in 2016 with respect to continuation of current trend. All the above the are having the scheduled halving in mid 2016 which must be a big boot to bitcoin prices in 2016. So, hold.
legendary
Activity: 1232
Merit: 1000
October 27, 2015, 07:04:37 AM
#79
whether you still hold? hold it until 2016, I heard the price will reach $500. I hope it's true, because I am also going to hold Smiley
sr. member
Activity: 462
Merit: 250
October 27, 2015, 06:47:34 AM
#78
1. Keep it, and build upon it the second and third coin and so on.

2. Come after 5/10 years and thank me for letting you rich Smiley

3. Enjoy Wink

I shall give the same suggestion. But to use some to circulate the bitcoin to support the society. By doing that, the value of bitcoin will increase gradually.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 26, 2015, 05:35:23 PM
#77
Just buy, buy, buy, and hodl.
Buy a little bit every week, $20 worth or something you can afford with no worries. It will add up and be worth a lot later!

I agree even if I own some altcoins. The best strategy is to grow your own stash as much as you can or feel comfortable with. I know many people like to invest as much as possible but we are not blind fanatics on Bitcoin. It can worth nothing in some years. But it's my feeling that the opposite can be true also so it never hurts. Ten bucks is not much today, but in the future it can be a lot. I personally would like to own around 1-5 BTC at today's price, more than that I don't think I will be relaxed and it will be a very serious/high risk investment for me.

Everybody should invest and hold what they feel comfortable with. This can be 1, 10 or 100 BTCs. It depends from person to person. You have a plan. For you a 5 BTCs investment would be great and everything over this is just too much.

It's good to have a plan. I came to a conclusion that many people in Bitcoin space and on this forum don't have a clear and concise plan. So they are wandering around and in the end end up losing money. Decide what you want, need, get it and be happy with it.
legendary
Activity: 1568
Merit: 1000
October 26, 2015, 11:48:29 AM
#76
Just buy, buy, buy, and hodl.
Buy a little bit every week, $20 worth or something you can afford with no worries. It will add up and be worth a lot later!

I agree even if I own some altcoins. The best strategy is to grow your own stash as much as you can or feel comfortable with. I know many people like to invest as much as possible but we are not blind fanatics on Bitcoin. It can worth nothing in some years. But it's my feeling that the opposite can be true also so it never hurts. Ten bucks is not much today, but in the future it can be a lot. I personally would like to own around 1-5 BTC at today's price, more than that I don't think I will be relaxed and it will be a very serious/high risk investment for me.
legendary
Activity: 1246
Merit: 1000
October 26, 2015, 11:39:09 AM
#75

What projects? Most seem to be scamcoins, or just projects that aren't worth your Bitcoin. I think the best strategy is still buy a hold. Investing in Bitcoins within itself investing all projects related to Bitcoin. There are a very small handful of projects worth investing. I have my doubts about even stuff like ETH these days.

Factom is a good investment IMO since it uses the bitcoin blockchain as a backbone for its data layer. Also Maidsafe as well.

Try to invest in something that isn't just trying to be another clone of Bitcoin but is different in its character.
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