Topic: I need help, actually a little guidance. (Read 709 times)
I think you should look out for Virie Market. It's a market with a very user friendly payment system. It's very easy to understand that even the newest person in cryptocurrency will understand. It's safe as they have their own Escrow system and blockchain so trading it is because you can use it to exchange not only currencies but also goods and services. For more info, you might want to check the blog site that I'm following now: https://www.annerainwater.net/
When my first time I invested in cryptocurrency a year ago, my mind only focus on how to earn passively and tell my friends that they can also earn it if they try after showing those charts from last year. Losses are not actually visiting my mind since I don't know how technical and fundamental analysis works. To make story short, i lost my hard earned money when i invested the first time and unable to get back my losses that time. I would advise you to try joining multiple bounties first. Why? Because you will learn everything day by day once you receive your rewards which will be your funds to be invested in this industry.
With there being so many options out there for obtaining cryptocurrency what do you think is the best? Would it be Cloud mining, trading with your own money, just buying and holding, spending the 2,000 plus dollars and buying a mining rig, I'm completely ignorant when it comes to these things and would love to know some insight from people who deal with this constantly. Thank you very much
The most simple decision - to buy and hold, if electriciry is cheap (or free in some cases :p) better buy mining rigs
Since electricity is very expensive in our country, I just take my time to get profits from trading. Sometimes I hold altcoins for a long time if I could see that there is a future in the project.
if you do not know how to do mining and do not understand the equipment, if you do not know how to trade, then just buy and hold
I think the sooner you start trading, the faster you will gain experience that will help you earn money on the market because if the market drops or grows, traders earn the same 
Yes, even if you find no scams. Now the prices on the market are very tasty. You can buy good washes that will grow well. And it will take you less time to get your first profit. Now you can afford the best coins.
With there being so many options out there for obtaining cryptocurrency what do you think is the best? Would it be Cloud mining, trading with your own money, just buying and holding, spending the 2,000 plus dollars and buying a mining rig, I'm completely ignorant when it comes to these things and would love to know some insight from people who deal with this constantly. Thank you very much
Just within your opening question, every single one of those methods can make you money.
They can also LOSE you money!
So much of it depends on your skill set, your understanding of each method, your time frame and also financial goals.
It also depends on how much time and effort you want to put in learning and understanding, as well as actually getting in and doing the work.
Also if you plan on being a HODLR, do you have the nerve and patience for it? Will you succumb to the ups and downs of the market and buy/sell/hold at the wrong times?
As others have said, if you plan on going the mining route, what are the power costs you will have to deal with, even the temperature of your area? Will you be able to stand the noise? What contacts do you have?
These are just the tip of the iceberg when it comes to some of the questions you have to ask yourself. My advice is to research them all thoroughly and choose one that you feel the most passionate about!
if you need guidance, it's definitely for bounty hunters with a low rank. but all the facts if we read in the information thread must be all there is to do and just apply it.
If you invest in mining I don't think this time will work well, many miners don't get profits, in my opinion if I have funds I will buy coins and hold some for some time and some of them I use for scalping
the problem is to find the new coin that can do a big % of price grow...we must look for coins that are not ico or bounty but people are too stupid for this....I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...there is a good dose of luck of course, but you must always do your own researches...for example watch Elicoin in livecoinwatch , is not an ICO or bounty... it's a coin with low mc, low supply, PoW whit cpu, no premine, active dev...only trading it on CREX24 for now...do you own researches in the thread in bitcointalk: https://bitcointalksearch.org/topic/anneli-elicoin-cpu-mining-only-exchange-available-3028302... people are too stupid for DYOR and got scammed by ICO or bounty...just my 2 cents...hope it helps...cheers
If I personally look for free ones, because besides not enough capital to make trades,
it also minimizes the risk of loss, so I prefer the free ones.
it also minimizes the risk of loss, so I prefer the free ones.
With there being so many options out there for obtaining cryptocurrency what do you think is the best? Would it be Cloud mining, trading with your own money, just buying and holding, spending the 2,000 plus dollars and buying a mining rig, I'm completely ignorant when it comes to these things and would love to know some insight from people who deal with this constantly. Thank you very much
I think it will not be profitable for you. That may be sophisticated fraud. Do not believe in something that can make you easy. In this market, the bad guys always make use of everything to fool us. be careful. 
cloud mining is not worth mostly they are scam so don't join you will lose your money and time, for me the best obtaining cryptocurrency or just making profit in cryptos just doing trading, investments and joining campaigns.
With there being so many options out there for obtaining cryptocurrency what do you think is the best? Would it be Cloud mining, trading with your own money, just buying and holding, spending the 2,000 plus dollars and buying a mining rig, I'm completely ignorant when it comes to these things and would love to know some insight from people who deal with this constantly. Thank you very much
To be honest, every way of getting altcoins or bitcoin is a good thing. It just depend on what coin you want to get. And also, your speculation and research are also very important because that will be the basis of your investments.
You need to take the giant steps ,you want to stay on safer side? They stay away from cloudmining even if they pay you it won't worth it in the end ,and don't buy mining rigs now ,now is a worst time to invest in mining rigs cos no profit mining any algorithm as of now ,your best safer bet would be to invest in good projects, both new and old ,do some researchs
With there being so many options out there for obtaining cryptocurrency what do you think is the best? Would it be Cloud mining, trading with your own money, just buying and holding, spending the 2,000 plus dollars and buying a mining rig, I'm completely ignorant when it comes to these things and would love to know some insight from people who deal with this constantly. Thank you very much
Leave crypto market and built your own off line business or trading/ invest in stock/ currency/ commodities. This is realistic mindset I have not to scare you but stay is bad option. Market condition and low demand is negative sign to keep stay. Up to you I just see market condition and try to become realistic.
With there being so many options out there for obtaining cryptocurrency what do you think is the best? Would it be Cloud mining, trading with your own money, just buying and holding, spending the 2,000 plus dollars and buying a mining rig, I'm completely ignorant when it comes to these things and would love to know some insight from people who deal with this constantly. Thank you very much
Many cloud mining companies have made their customers suffer. They're obviously not very reliable. Nevertheless, those who are really successful can arise.
My advice is don't join cloud mining, never join it. I'm not a trading expert and sometimes bad market let my emotion affects judgment, so I just spending money buying and holding, I've thought about mining rig before crypto bear market, currently market situation is not recommend build mining rig, use own cash direct buy coins is better than all of the option
You can try mining or staking POW/POS coins or if you want develop your own project there's plenty of guidance available in the technical boards, but if you're simply wanting to invest to potentially receive returns later then you're better off HODL'ing a few good quality assets considering the market should now be cheap enough for new buyers
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