Thanks for replies.
At the moment, I've been primarily looking at Litecoin and Doge. It appears that these may actually have a future, but it is ofc so hard to tell.
So the plan is basically to give both a run initially (I will probably do 1 week on/1 week off with both) to see how they go. If I can then trade prudently to BTC, I'll be happy to keep the BTC against possible future prices.
I'll initially trade what I get until I've reached my goal of 1 BTC, and then I'll try to build a small stock of the three currencies (i.e. BTC, LTC, DOG). Hopefully in several months or a year the pricing will rise to the point where I'll cover my $500 or even make a little profit.
Fingers crossed
At the moment, I've been primarily looking at Litecoin and Doge. It appears that these may actually have a future, but it is ofc so hard to tell.
So the plan is basically to give both a run initially (I will probably do 1 week on/1 week off with both) to see how they go. If I can then trade prudently to BTC, I'll be happy to keep the BTC against possible future prices.
I'll initially trade what I get until I've reached my goal of 1 BTC, and then I'll try to build a small stock of the three currencies (i.e. BTC, LTC, DOG). Hopefully in several months or a year the pricing will rise to the point where I'll cover my $500 or even make a little profit.
Fingers crossed