I'm pretty sure that bitcoin dropped because of bitcoin.com ceo telling people he's dumping his load and then they paniced, bought BCH instead and made others panic as well. Alt coins follow the flow of bitcoin for some odd reason. Secondly, it's holidays and people need the extra income so they're selling some or most of their investment. Thirdly, the fees on bitcoin and some other currencies are insane. I lost 100$ from a 200 dollar investment on bitcoin when I transferred it a few times, mistakes were made I guess. Why on earth would any sane person use bitcoin with those fees? The purpose of bitcoin was so that we would avoid this insanity, now it seems that the opposite is happening. Greed people using the system to their own advantage, all for the reason that there are no regulations. Now people don't want regulations on a currency, but this is the shit you get for that.

Yea I realised the mistake I made so far, lost about half my investment due to fees and most of the profit I made. Bitcoin is a definite no-no for small investers. What has it become? It's yet another tool to make the rich richer and make small buyers like me poorer. And those damn miners are getting heftier paychecks (not small miners) every day. Just watch youtube and you'll know what I mean.

Yea I guess I'll choose either, I mean I'm not familiar with some of the coins but I'll take a look. Litecoin was my first choice since it's stable, but the price is going up atm. I would really recommend small bitcoin buyers to stay off bitcoin unless you're willing to hold on to it until you sell it. The fees are crazy, just paid around 20$ to move 100$ to an exchange, did another one before that as well with the same fee. No one told me it was going to be this way....

Antminer S9 for 950$? I smell scammaz. Don't trust plox, it has a value of 4500$ atm.

Appreciate the info. Which coin would you suggest has the best mining rate in case I swap to another in the future?

It's a variety of coins, mainly Golem right now, also I live in sweden, there's hardly any coin trade here atm. Most of people are busy mining the damn thing. I'm too poor to build something. So you're saying that a local trade would be the best option? There's no way of avoiding the mining fee even if I did that. Why would I pay a mining fee for something that already exists? It doesn't make sense to me. Would it be better to go on coinbase to exchange it with other people instead? I get there's an exchange fee, but the mining fee confuses me. The exchange fee is very low, but the mining fee is so damn crazy. Imagine trading in 100k$ and paying 40k$ fee, that's how I feel right now.

What's my best option right now? My coins are in Jaxx and it's in bitcoins. I want to trade some of these into Golem, and maybe other currencies in the future.

So I should convert my Bitcoins into another coin, let's say Litecoin, then exchange that for alternative coins? Wouldn't that just make me loose even more? How come I can't buy alternative coins for USD on exchanges? I can only buy Bitcoins.

So I'm totally new to this, I researched on some currencies and thought to myself that I should invest while they're at such a low price. I buy like 200$ worth of bitcoins. I pay 20$ worth of fees for the exchange (changelly). Then I download a wallet so I can exchange for other currencies, using Jaxx a.t.m. So when I swapped like 45$ worth of bitcoins to another currency, I had to pay 19$ worth of mining fees. I don't mind the swapping fee but the mining fee is ridiculous. Why am I paying almost the double just to buy a freaking currency? I feel very much scammazed. There are like 3-4 other currencies I want to buy as well, but at this rate I'm going to loose whatever I invested to begin with. What the heck is going on?

How do you guys avoid this? The mining fee rate was on low by the way. Just checked with other swaps, it's all the same. Whatever I swap there's a 0.00095 BTC mining fee, now that's huge for me considering what I swapped was only worth 0.00200 BTC. All the profit I'm making is going to some damn fees that according to most people are going back to the system. I mean don't the big companies own most of this system anyways? Also I can't buy other currencies other than bitcoin with Changelly, why?

"Help me obe one kanobi, you're my only hope."