Want to Invest 2 mbtc | Yobit.net | Bitcointalksearch.org

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: jackg on November 10, 2015, 12:30:34 PM

I want to invest 2 mbtc in altcoins in YOBIT.NET.

Any suggestions of what to get.
Either new alt-coins, potential profets or fallen altcoins that look that they could make ma profit.
Any suggestions on what the yield would be for these coins. Thank you, jack g.

(P.S: I bought 1000 doge when hey were at 45 satoshi and they are now at 32 satoshi in a short period of time, I was not expecting this, however, I did expect that by the same amount the price falls, it could rise!

Right? So I started this thread and have not received what I expected! Obviously I am in the minority that want to inest in alt-coins and, thus, have received only one post saying how good altcoin trading is. THE REST HAVE COMMENTED ON HOW LOW THE AMOUNT THAT I AM USING IS TOO LOW. I don't want to risk all of my BTC on altcoin exchange as it is my first time. Also, I got the doge from the free BTC giveaway to new users on the platform!

knightkon

hero member

Activity: 588

Merit: 500

Quote from: jackg on November 10, 2015, 12:30:34 PM

I want to invest 2 mbtc in altcoins in YOBIT.NET.

Any suggestions of what to get.
Either new alt-coins, potential profets or fallen altcoins that look that they could make ma profit.
Any suggestions on what the yield would be for these coins. Thank you, jack g.

(P.S: I bought 1000 doge when hey were at 45 satoshi and they are now at 32 satoshi in a short period of time, I was not expecting this, however, I did expect that by the same amount the price falls, it could rise!

I have been playing with BTC on YoBit for a short while and it is an up and coming site. The trades are fast and the site is great. Just do not be prepared to jump in and out quick with YoBit or any other market, but to invest for the long term. You can either go with something that seems to be dropping and you think it will rebound, or you need to do some research and be able to determine what will raise and fall and when. Just do not try to play the short game, or you will be lost. I AM NOT A PROFESSIONAL - THIS IS JUST MY OPINION AND I AM NOT RESPONSIBLE FOR ANY ACTIONS YOU TAKE IN ANY TRADING PLATFORM.

edmundduke

legendary

Activity: 1624

Merit: 1007

Quote from: twister on November 18, 2015, 05:00:34 AM

First of all I think 2 mbtc is not really a good amount to start trading, IMHO you need atleast 0.05-0.1 to make anything worth spending your time for and asking here is not really a good idea, what would happen is you'd get altcoin shills suggesting you to buy their coins. Altcoin investment is really tricky, unless you know what you're doing, you'll just end up losing it all on a stupid investment.

Actually 0.002 can be a very good starting point who is completely new to the trading scene and has no idea about what to expect. If you are just starting, testing the waters then you are bound to take a lot of losses due to lack of experience. This means that if 10 of your trades go bad, you would loose 10x0.002 = 0.02 instead of 0.05x10=0.5 or even 0.1x10=1
As you see the difference is huge. And do keep in mind he is complete newbie in this, so his sight should be on small profits, not trying to "make a living" from it yet.

twister

hero member

Activity: 672

Merit: 502

First of all I think 2 mbtc is not really a good amount to start trading, IMHO you need atleast 0.05-0.1 to make anything worth spending your time for and asking here is not really a good idea, what would happen is you'd get altcoin shills suggesting you to buy their coins. Altcoin investment is really tricky, unless you know what you're doing, you'll just end up losing it all on a stupid investment.

edmundduke

legendary

Activity: 1624

Merit: 1007

Quote from: jackg on November 10, 2015, 12:30:34 PM

I want to invest 2 mbtc in altcoins in YOBIT.NET.

Any suggestions of what to get.
Either new alt-coins, potential profets or fallen altcoins that look that they could make ma profit.
Any suggestions on what the yield would be for these coins. Thank you, jack g.

(P.S: I bought 1000 doge when hey were at 45 satoshi and they are now at 32 satoshi in a short period of time, I was not expecting this, however, I did expect that by the same amount the price falls, it could rise!

What you need to understand about trading is that it will not be profitable (unless you are insanely lucky) if you don't research the coins, markets movements etc before getting into them. If you go into them blindly or by "someone recommended on forum" it is almost as good as rolling a dice on 50% and seeing how it goes.
Your best bet would be to start learning how to use charts, learn about market movements and only buy coins that are on the move up. And always remember that you do not need to ride the "whole" move, it can be better to get in a bit later (when the move is confirming) and getting out before the tip. Guaranteed smaller profits are the way to go.

WWC-DEV

full member

Activity: 125

Merit: 100

Altcoin trading is very risky on a small exchange.

francism

sr. member

Activity: 444

Merit: 250

Quote from: peonminer on November 12, 2015, 10:22:05 AM

Quote from: jackg on November 10, 2015, 12:30:34 PM

I want to invest 2 mbtc in altcoins in YOBIT.NET.

Any suggestions of what to get.
Either new alt-coins, potential profets or fallen altcoins that look that they could make ma profit.
Any suggestions on what the yield would be for these coins. Thank you, jack g.

(P.S: I bought 1000 doge when hey were at 45 satoshi and they are now at 32 satoshi in a short period of time, I was not expecting this, however, I did expect that by the same amount the price falls, it could rise!

DIGICUBE PoS 2000% yearly stakes daily in wallet

Definitely the best choice for altcoin investment to date.

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Quote from: jackg on November 10, 2015, 12:30:34 PM

I want to invest 2 mbtc in altcoins in YOBIT.NET.

Any suggestions of what to get.
Either new alt-coins, potential profets or fallen altcoins that look that they could make ma profit.
Any suggestions on what the yield would be for these coins. Thank you, jack g.

(P.S: I bought 1000 doge when hey were at 45 satoshi and they are now at 32 satoshi in a short period of time, I was not expecting this, however, I did expect that by the same amount the price falls, it could rise!

DIGICUBE PoS 2000% yearly stakes daily in wallet

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: Videodrome on November 11, 2015, 07:51:55 AM

If you want to burn your money on death coin go ahead!

My advice: you need an exchange with lot of traffic, dont burn your money on low traffic alt on yobit,

p.s

don't sell your doge..wait

Where would you suggest to go or what would you suggest to do?

I am certainly not even considering selling DOGE. I like the currency and it is one of the main three so i think the price is going to really increase by a lot. If I did it would lose me thousands of satoshi, 15000 sat.

Videodrome

hero member

Activity: 588

Merit: 503

Free Julian Assange

If you want to burn your money on death coin go ahead!

My advice: you need an exchange with lot of traffic, dont burn your money on low traffic alt on yobit,

p.s

don't sell your doge..wait

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

I want to invest 2 mbtc in altcoins in YOBIT.NET.

Any suggestions of what to get.
Either new alt-coins, potential profets or fallen altcoins that look that they could make ma profit.
Any suggestions on what the yield would be for these coins. Thank you, jack g.

(P.S: I bought 1000 doge when hey were at 45 satoshi and they are now at 32 satoshi in a short period of time, I was not expecting this, however, I did expect that by the same amount the price falls, it could rise!

Topic: Want to Invest 2 mbtc | Yobit.net (Read 959 times)