Hi Everyone,
I first read about bitcoin back in early 2011 but did not go any further than setting up a wallet so since the currencys rise and coverage in the media over the last 9 months I have decided to again look at bitcoin and other cryptocurrencies.
As a late entry I feel that I have missed the bitcoin boat unless bitcoin rises further, and perhaps that is the case, however I have decided to look at putting some money into some of the Alt Currencies that seem to have potential. Coins like StableCoin, Quark, Earth and GlobalCoin all look to have huge potential. What are peoples opinions on the above coins are there any I should stay clear of?
One other area of interest is virtual mining and services such as CEX.IO is anyone using their service and seeing any positive results, if it what level should I be investing to get a good return.
How about other virtual/cloud mining services what other options are available and do you recommend them?
I'd say the best bet for a guy like you is Litecoin. It is the most popular alternate currency and is also pretty stable. Basically a carbon copy of BTC.
In theory, the value is supposed to get nearer and nearer to 1/4th that of a Bitcoin as time goes on, and right now it's way under that, so there is tremendous room for growth.
I'd recommend you eat some up before they go over $35 again. They were 40+ when BTC hit its ATH.