Hello everyone
My question is fairly simple. My friend wants to invest 100k in 4 coins (Ripple, Doge, Nem, Stellar)
I am looking for tips how to handle such a transaction. He is currently registered & verified at Poloniex, Kraken & Bittrex.
The idea was to deposit money in those 3, buy the coins, send them to wallets (hard, soft, paper... whichever option is better for each coin at this time)
Thnx for any info & tips
first thing maybe is to review again your decision, ripple is a bad investment, doge is the only good thing there, if they activate segwit or thye do the last promised upgrade, for storage better to do it locally with the core version for each coin you want to invest, it's the most secure way
Agree,only DOGEcoin i do see has potential but we cant still be sure if Segwit would be activated which means its risky if we put up money on it and Spending 100k USD is no joke amount therefore your friend must really know about the involved risk on engaging to cryptocurrencies.Prices might be on its ATH now and buying now will possibly cause you negative when alts tend to do backwards on its price.