Hello guys. Im pretty new to cryptocurrency. So I have read for about 1 month news and articles about altcoins and bitcoin, mining vs buying crypto, trading and investing, checking each day price of top 10 coins. I do understand that I can not make billions since I should started few years ago. But I really like the idea of crypto and I would like to support / help it by buying / investing some money into altcoins. I dont have enough money to buy bitcoin. Here come questions :
1) Im interested in benefit / result in long term. So I want to make my portfolio low risk. I have read here on forum different opinions like litecoin is total *** and that all altcoins dont have future and bubble of altcoins will be destroyed. As Im pretty newbie on which factors should I first look at? Capitalisation? Creator of coin? Technologie or protocol?
2) Would you suggest to divide my start capital in 10 parts?
3) Is it OK to buy part of bitcoin and not whole coin?
4) Is it good time to buy now coins since almost every coin is dropping in price? Should I wait now or buy after SegWit?
5) Can you please link other forums or websites with helpful info for exploring and learning?
6) And some reliable websites for buying crypto from Europe and online wallets?
7) If I also want to try mining should I start then with coins like litecoin and ripple?
Which alternative is good to programm Coinigy (trading programm) ?
Thanks for reading and good luck all.
1) Im interested in benefit / result in long term. So I want to make my portfolio low risk. I have read here on forum different opinions like litecoin is total *** and that all altcoins dont have future and bubble of altcoins will be destroyed. As Im pretty newbie on which factors should I first look at? Capitalisation? Creator of coin? Technologie or protocol?
2) Would you suggest to divide my start capital in 10 parts?
3) Is it OK to buy part of bitcoin and not whole coin?
4) Is it good time to buy now coins since almost every coin is dropping in price? Should I wait now or buy after SegWit?
5) Can you please link other forums or websites with helpful info for exploring and learning?
6) And some reliable websites for buying crypto from Europe and online wallets?
7) If I also want to try mining should I start then with coins like litecoin and ripple?
Which alternative is good to programm Coinigy (trading programm) ?Thanks for reading and good luck all.
Hi Kipikipi!
I guess BTC is not exactly low risk (bank investments are safer but they offer less profit), but btc is definitely safer than most alts.
I'd say start trading with small ammounts at first!
2)Dividing your capital is a great a idea so you can minimize loss.
4) I'd say it's a good time to invest, prices are down, and they might go even lower but eventually they will rise again. Buy now and start your journey in the crypto world
5) I created a thread with learning resources that will be really helpful if you invest time in reading/watching: https://bitcointalk.org/index.php?topic=1996471.0
6) I use coinbase and bittrex from Spain, all good.
I hope it was useful
good luck!