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Originally Posted by
Dig244
Thanks for the info guys any good alt coin options?
This is one of those things where you don’t want your brothers giving financial advice. Having said that, my absolute fav alt coin is LINK. Cardano is my second fav.
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Originally Posted by
Dig244
Should I get btc for investment or to risky? I work with someone always telling me to buy buy buy and I see how volatile it is, so convince me otherwise as it has made big leaps. Thanks
I will tell you this. Are people constantly telling you what to do because they are scared and don’t understand it? If you answered yes, there is something there.
There are a lot of other coins going up over time but nobody is talking about it. Let’s talk about $XLM aka Stellar Coin.
$XLM is a way for people to send remittances across the world for like a 1,000th of a penny. You can turn $ —> €,£,¥, etc and eliminate the middle men taking you cash in transfer fees.
Read up on it and make your own investment decisions. Lots of value out there, it is just gonna take time for global use and adoption. It won’t make you a millionaire overnight but it could.
I hold $XLM $BTC $BCH $VET $GRT $DOT $VGX and this is not investment advice.
Booker
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@Dig244
Good morning brother. I, as of 3-4 months ago just got back into the crypto market and I can say with certainty that you buddy is right. If you have 30k you can invest and forget about it until around say xmas time I would (and i did). Get yourself a cold storage wallet (offline wallet) buy 1 btc or multiple etherum and put them in the cold storage.
Why am I so strong in my convictions? Well, a number of reasons come to mind. The 2 main reasons are that these top 2 cryptos are and have been gaining a lot more acceptance in the last 2 years. Acceptance from institutions and investment firms and payment processors as well- Hell even pornhub now takes crypto! The second and equally important reason is that they are decentralised finance meaning that they are not currency of any one single government. With btc only 21 million coins can ever be mined. It is what they call "Digital Gold" because there is a finite amount. As we near the final coins being mined (currently 18.5 million) the price support has risen 10x.
After you read this do some DD and google "Bitcoin Price Forecast" and when you do try to find the most up to date articles you can and READ, READ, READ!!!!- THEN READ SOME MORE!!
Best of luck my fellow gorilla..
JUST BECAUSE YOU'RE OFFENDED DOESN'T MEAN I'M WRONG
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I have invested in bitcoin, and I am learning more about trading bitcoin to hopefully maximize both my current and future investments. Don't day trade cryptocurrencies and don't listen to advisors who manipulate you into day trading as well, they tend to act as oracles and then use that asynchronous info to manipulate the markets. Day trading is not for everyone, but if you can control your emotions, establish and fine tune a logical strategy, and consistently manage your risk versus reward, day trading crypto is absolutely something you can reliably profit from. Just like I am making profit form trading through this crypto bot and I thought that this type of crypto was really interesting to try. If you want a serious gain.
Last edited by Jose K. Velazquez; 05-05-2021 at 04:46 PM.
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Originally Posted by
gihbo
@Dig244
Good morning brother. I, as of 3-4 months ago just got back into the crypto market and I can say with certainty that you buddy is right. If you have 30k you can invest and forget about it until around say xmas time I would (and i did). Get yourself a cold storage wallet (offline wallet) buy 1 btc or multiple etherum and put them in the cold storage.
Why am I so strong in my convictions? Well, a number of reasons come to mind. The 2 main reasons are that these top 2 cryptos are and have been gaining a lot more acceptance in the last 2 years. Acceptance from institutions and investment firms and payment processors as well- Hell even pornhub now takes crypto! The second and equally important reason is that they are decentralised finance meaning that they are not currency of any one single government. With btc only 21 million coins can ever be mined. It is what they call "Digital Gold" because there is a finite amount. As we near the final coins being mined (currently 18.5 million) the price support has risen 10x.
After you read this do some DD and google "Bitcoin Price Forecast" and when you do try to find the most up to date articles you can and READ, READ, READ!!!!- THEN READ SOME MORE!!
Best of luck my fellow gorilla..
You’re not wrong. I’m daytrading in the markets which is fucking nuts, but I’ve managed to build about 6k from 2k in a couple months. Learning on the job is hard. It’s getting better for me
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Right now you could say we are kind of living in a simulation that is the equivalent to the dawn of the internet itself in regards to crypto. Good projects (coins) to get into right now would be ethereum9youll thank me later), ADA and a few others....
JUST BECAUSE YOU'RE OFFENDED DOESN'T MEAN I'M WRONG
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