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Topic: If I wanted to invest am I better using exchanges or networking (Local/Online) (Read 290 times)

newbie
Activity: 18
Merit: 0
If you want to invest for long-term use the official wallet to stack your coins...
The exchange markets not recommended for staking your coins to invest.. Although #Poloniex and #Bittrex are good exchange markets but i don't read the future.. May be these sites in the future will be hack from someone professional or DDOS attacking...

- Choose the right coin for long-term investing...
- Use the official wallet for staking...
- Keep your eyes on the price of #Bitcoin every single day...



So, it is like NYSE (Stock)?  My experience with stock/investing is very limited.  I would consider myself less than an amateur trader.  However, I have been using services similar to, https://www.scottrade.com for a very long time.  I make enough to pay for annual family vacations (sometimes one other times  more).  I buy low / sell high.  That might make me seem ignorant, it is what I do, it works.  Sometimes I take the advice of others who I perceive I can trust.  I am interested in learning more about Bitcoin as I am no fan of modern currency & Bitcoin is closer to my career.


Is that really it.  Is that the best way to get started while I learn, your 3 step process?  TY... if any other relevant advice comes to mind or you have anything additional to add, this post will be here Smiley
sr. member
Activity: 658
Merit: 251
If you want to invest for long-term use the official wallet to stack your coins...
The exchange markets not recommended for staking your coins to invest.. Although #Poloniex and #Bittrex are good exchange markets but i don't read the future.. May be these sites in the future will be hack from someone professional or DDOS attacking...

- Choose the right coin for long-term investing...
- Use the official wallet for staking...
- Keep your eyes on the price of #Bitcoin every single day...
newbie
Activity: 18
Merit: 0
I'd imagine their is a very large pool of trust worthy people in a much more massive & dangerous ocean, they must exist right?  As I begin my exploration into bitcoin if I wanted to invest am I best looking for sites which help me network, network on my own or is buying directly from exchanges reasonable?  I am weeks if not months off from having a good enough understanding to seriously invest.  Though what do you suggest, what has worked best for you? Where did you start?
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