What Crytocurrentcy would you buy? and what is the reasoning?

in #crypto-news • 8 years ago (edited)

Hello, 

I am 2 weeks into my crytocurrency education. I heard about bitcoin but never bothered to educate myself. I actually opened a fidelity account to invest in stocks but I'm a felon so they quickly shut that down. During my research of stocks to buy, I came across news that bitcoin was up 250% for the year. 

So I opened an account at coinbase and have started buying crytocurrencies.

 July 18, 2016 you purchased 0.9901633 BTC for $676.08 USD 

 66.89864865 ETH for $1,000.00 USD on July 23, 2016  

I have 10K to 20K that I can invest. I am looking at Dash, Lisk, Factom, Steem.

Considering Waves and Iota.

What are your thoughts guys and gals?

#bitcoin #ethereum #investment #dash
8 years ago in #crypto-news by
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     8 years ago 

    Its hard to say what to invest in because anything can go up or down at any moment. With that being said, I invest int he following:

    ETH - I mine this in my basement at the moment
    ETC - I invest in this
    Bitcoin - I invest in this because its relatively safe and accepted more then other bitcoins

    Use poloniex to judge what a good fit and risk/loss is best for you.

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     8 years ago 

    Okay cool, what do you use to mine ETH? How much did it cost you and are you making a profit? The reason I ask is because I was considering mining ETH as well

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     8 years ago 

    I use 4 amd radeon 290's to mine eth at a hashrate of about 120mh/s. I spent about $1500 and already broke even. I now mine about 1 eth a day.

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     8 years ago 

    Nice @Velourex, so you are basically getting a 100% return every 4 months. I'm a complete noob and I have not mined anything yet. I don't suppose you could take a picture of your miner, or provide instructions, maybe a YouTube video/channel?

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       8 years ago 

      LBRY should be good if it's not a scam, but waiting for the right entry point. I've traded VPN, VRC, SYS and GAME with good success. I actually still really like NXT even though there seems to always be controversy around it. I'm waiting to get into Lisk and Waves. And I'm into Steempower right now. I also like Monero.

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       8 years ago 

      How do you determine your entry points? Lisk and Waves look cheap right now.

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         8 years ago 

        just goes to show you the laws are here to hurt people not to help them

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