Topic: New Guy/Need Guidance (Read 653 times)
well dear sirs im a guy that know a bit over 2013 about a few currencies and a bit over bitcoin but never get to have like many $ or € or yen or 0.1 BTC even but im back again to be able to understand better why its soo needed the request or demand and chase for this money currency BitCoin that by the days gets like a value more of 50€ increase per day now it means high demand on digital need and digital nervous system demand of this all economical need for this currency the more it attracts the most the more valuable it becomes... soo if you can post a bit or guide me of a statistic historica future of this coin like how many mined how many mined per day... the possibility of givig still transactions to 2120 and the possbility of being to 10000€ like into 2025 or soo its very usefull i mean im not here just to put signs and ads over getting bitcoins of this forum but i will have to re read a avid reading of a lot to be more up to date of what does moves this and other crypto currency coins i hope you can acept me here into the respect education and formation of academical and pratical guys like you ... thanks dear seniors .
i tried to learn like that but hard to get when i was thinking i failed or not exist for should i doing that more a lot of time i need it to be a comfort
I would recommend that if you are that new and really don't know what you are doing, you refrain from investing real money until you learn a bit more. I would recommend spending a lot of time on investopedia reading about technical and fundamental methods of valuation. I would also recommend practicing trading using a demo account (paper trading) which you can do for free here: www.demoinvestor.com
Once you can profit off of something like that relatively consistently, you could ease your way into trading with real money. You have to be careful though because if you aren't knowledgeable and extremely confident/comfortable in what you are doing, then you are essentially gambling.
[/quote]
Thank you, ktabb! I have been interested in a trading for a long while, but I've been refraining from trading real money for quite some time. I've messed around with stocks & amenities paper trader apps before, and I think I have a general idea of what I need to do. That said, day-trading is not something I am interested in doing at the moment. I'm trying to go long on something like ETH, LTC or even BTC. I like the prospect of ICOs, though, and am wondering what platform people generally use to trade ICOs. Anyway, thanks again for the help! It is very appreciated!
Hello everyone,
I am pretty new to BTC and other "crypto-currencies". I have been interested for awhile, and I've known about them....I just never understood all the trading jargon that comes along with it. Anyway, in the past few months I made some purchases/sales on CoinBase (mobile) and would like to get a little more serious about various coins. Recently, CoinBase changed it's identity verification stuff, and despite having a verified account, I can no longer use coinbase to trade. Anyway, I am wondering what platforms you all actually use to trade various AltCoins and BTC. Also, I have a BlockChain mobile wallet with no actual knowledge of how to use it. Is there a better/more secure storage method that would more suit the needs of a beginner? I have looked at a few hardware wallets, but I'm not very familiar with anything, really.
My major concern is that, each time I find a website to purchase/sell currencies, I end up finding a boat-load of horrible/terrifying reviews about their system. Just looking for something reputable to get me started.
Anyway, any help is greatly appreciated.
-Shrimp
I am pretty new to BTC and other "crypto-currencies". I have been interested for awhile, and I've known about them....I just never understood all the trading jargon that comes along with it. Anyway, in the past few months I made some purchases/sales on CoinBase (mobile) and would like to get a little more serious about various coins. Recently, CoinBase changed it's identity verification stuff, and despite having a verified account, I can no longer use coinbase to trade. Anyway, I am wondering what platforms you all actually use to trade various AltCoins and BTC. Also, I have a BlockChain mobile wallet with no actual knowledge of how to use it. Is there a better/more secure storage method that would more suit the needs of a beginner? I have looked at a few hardware wallets, but I'm not very familiar with anything, really.
My major concern is that, each time I find a website to purchase/sell currencies, I end up finding a boat-load of horrible/terrifying reviews about their system. Just looking for something reputable to get me started.
Anyway, any help is greatly appreciated.
-Shrimp
I would recommend that if you are that new and really don't know what you are doing, you refrain from investing real money until you learn a bit more. I would recommend spending a lot of time on investopedia reading about technical and fundamental methods of valuation. I would also recommend practicing trading using a demo account (paper trading) which you can do for free here: www.demoinvestor.com
Once you can profit off of something like that relatively consistently, you could ease your way into trading with real money. You have to be careful though because if you aren't knowledgeable and extremely confident/comfortable in what you are doing, then you are essentially gambling.
Have you tried Gemini yet? https://www.cryptocompare.com/exchanges/gemini/overview You will see they are saying it is specifically mentioning Washington DC as one of the states that are supported. ^smile^
For more information, read more here : https://en.wikipedia.org/wiki/Gemini_(digital_currency_exchange)
Hope this was of any use, some people have moved away from Coinbase to Gemini, due to Coinbase's poor support and attitude towards it users and lately some capacity issues.
For more information, read more here : https://en.wikipedia.org/wiki/Gemini_(digital_currency_exchange)
Hope this was of any use, some people have moved away from Coinbase to Gemini, due to Coinbase's poor support and attitude towards it users and lately some capacity issues.
Thank you very much, I will definitely check it out! I was actually able to get my coinbase running again lastnight, and went in for some LTC/ETH. But I am definitely looking for an alternative. Thanks again!
Have you tried Gemini yet? https://www.cryptocompare.com/exchanges/gemini/overview You will see they are saying it is specifically mentioning Washington DC as one of the states that are supported. ^smile^
For more information, read more here : https://en.wikipedia.org/wiki/Gemini_(digital_currency_exchange)
Hope this was of any use, some people have moved away from Coinbase to Gemini, due to Coinbase's poor support and attitude towards it users and lately some capacity issues.
For more information, read more here : https://en.wikipedia.org/wiki/Gemini_(digital_currency_exchange)
Hope this was of any use, some people have moved away from Coinbase to Gemini, due to Coinbase's poor support and attitude towards it users and lately some capacity issues.
My major concern is that, each time I find a website to purchase/sell currencies, I end up finding a boat-load of horrible/terrifying reviews about their system.
Problem is everyone and everything can be shi* on. On internet anyone can write anything, often to slander business rivals. So choosing which opinion to trust is really hard and thats why you can't find service without bad opinions.
Just use services which exist long in world wide web and that is their's best reputation.
You can trade between different currencies on Poloniex, Bittrex and Kraken(to name a few) without any need of verification. This is what most of us new people do anyway. There are however limitations to the amount you're able to withdraw in 24 hours and sometimes there's a monthly withdrawal limit which can be frustrating if you strike it rich.
They are all a bit shady in their policies, especially Polo but we all use them cause nothing much better is available anyway. You go where the trading volume is at and for most currencies it's on the big exchanges.
They are all a bit shady in their policies, especially Polo but we all use them cause nothing much better is available anyway. You go where the trading volume is at and for most currencies it's on the big exchanges.
Hey, thanks! I actually just found Polo and made an account. Seems pretty confusing at first glance, but I'll do some reading and research to figure it out. Found some pretty horrifying reviews about it, too; allegedly, it isn't "allowed" in my state (washington) so I just used an old address (childhood home in Illinois)....which I'm worried will mess me up later on....
You can trade between different currencies on Poloniex, Bittrex and Kraken(to name a few) without any need of verification. This is what most of us new people do anyway. There are however limitations to the amount you're able to withdraw in 24 hours and sometimes there's a monthly withdrawal limit which can be frustrating if you strike it rich.
They are all a bit shady in their policies, especially Polo but we all use them cause nothing much better is available anyway. You go where the trading volume is at and for most currencies it's on the big exchanges.
They are all a bit shady in their policies, especially Polo but we all use them cause nothing much better is available anyway. You go where the trading volume is at and for most currencies it's on the big exchanges.
Hello everyone,
I am pretty new to BTC and other "crypto-currencies". I have been interested for awhile, and I've known about them....I just never understood all the trading jargon that comes along with it. Anyway, in the past few months I made some purchases/sales on CoinBase (mobile) and would like to get a little more serious about various coins. Recently, CoinBase changed it's identity verification stuff, and despite having a verified account, I can no longer use coinbase to trade. Anyway, I am wondering what platforms you all actually use to trade various AltCoins and BTC. Also, I have a BlockChain mobile wallet with no actual knowledge of how to use it. Is there a better/more secure storage method that would more suit the needs of a beginner? I have looked at a few hardware wallets, but I'm not very familiar with anything, really.
My major concern is that, each time I find a website to purchase/sell currencies, I end up finding a boat-load of horrible/terrifying reviews about their system. Just looking for something reputable to get me started.
Anyway, any help is greatly appreciated.
-Shrimp
I am pretty new to BTC and other "crypto-currencies". I have been interested for awhile, and I've known about them....I just never understood all the trading jargon that comes along with it. Anyway, in the past few months I made some purchases/sales on CoinBase (mobile) and would like to get a little more serious about various coins. Recently, CoinBase changed it's identity verification stuff, and despite having a verified account, I can no longer use coinbase to trade. Anyway, I am wondering what platforms you all actually use to trade various AltCoins and BTC. Also, I have a BlockChain mobile wallet with no actual knowledge of how to use it. Is there a better/more secure storage method that would more suit the needs of a beginner? I have looked at a few hardware wallets, but I'm not very familiar with anything, really.
My major concern is that, each time I find a website to purchase/sell currencies, I end up finding a boat-load of horrible/terrifying reviews about their system. Just looking for something reputable to get me started.
Anyway, any help is greatly appreciated.
-Shrimp
Jump to: