Quote from: TedMosby on January 04, 2018, 02:54:26 PM

Quote from: langy123 on January 04, 2018, 12:54:08 PM

Hi Guys

I am looking at investing for the first time, I currently use Blockchain as my wallet and Cryptopia for trading, would people say these two are okay to use?

Firstly, I will be looking at investing £1,000 on Bitcoin and then go for the long-held option, most likely for the next 2-3 years, whilst keeping an eye out for spikes in value to sell say 40% at any given time during a spike.

I would like to keep 60% of the remaining value to (hopefully) climb, whilst also possibly spending 15% on alternative currencies e.g. Ripple.

As of now Bitcoin looks to be at a high value and I am waiting for a dip to buy mine, would you say this is a wise move, as I need to buy Bitcoin before looking at buying alt coins.

Any info would be great, thanks.

use a wallet that you have full access into it. blockchain.info is okay to store your bitcoin.
cryptopia? hmm.. I'll recommend binance, bittrex, and poloniex for now.
I suggest you to diversify your money into digital assets and free money (the money that might be needed to buy something (cryptocurrency) when there's a good moment for it).

for me: 80% digital assets, 20% free money.
the digital assets will be diversified in 3 class:
class 1 - 60% - Bitcoin 70:30 Ethereum (which is the top and popular coin)
class 2 - 30% - Litecoin, Ripple, XLM (you know it is popular but not enough point to place it on class 1 Grin

)
class 3 - 10% - Aion, ADA, ICX, IOTA (the "rising star")

I keep getting my payment to buy via Blockchain declined via debit card for "security reasons", would you recommend anywhere else to buy them from, and I could then even transfer them to Blockchain.

What wallet do you use, have you got any other tips for a newbie?

Binance and Bitterex are not currently accepting new accounts, I am going to sign up to Poloniex.