jmlad2020 wrote: » Bitcoin, Ethereum and Monero are the less risky choices I'd say.
BorneTobyWilde wrote: » I could never get my head around buying crypto currency. And if you ask someone they act all high and mighty like it's top secret.
daveville30 wrote: » Hows things being buying crypto to hold for a few years. Mostly ethereum and ethereum classic.any others worth taking a punt on.
Irish_rat wrote: » Dyor but my personal choices and portfolio: btc, eth, link, dot, ada, monero, theta. All are top 25 market cap as of now. Agreed on eth classic, would avoid.
Gooey Looey wrote: » It's pretty easy these days, all the exchanges have apps you can do it all on your phone
Irish_rat wrote: » You can literally setup an account in minutes on coinbase with id and proof of address. Not rocket science.
BorneTobyWilde wrote: » Ahh but then you heard 101 stories about how to store them? I would LOVE to get on the Crypto train, but I'll openly admit I know ZERO about it. And when you do read up on it, it's a sea of contradiction. Everyone disagrees on everything. There are no rules it seems. OKay less put 2k on the table. HELP. Where would be a good place to invest... Can PM me if need
Gooey Looey wrote: » Get the Crypto.com app, sign up and verify. Do a SEPA bank transfer of the 2k from your account, it will take a day or two for the first transfer. (Edit you can also just buy in the app with your visa card if you don't wish to bank transfer) Then buy Bitcoin (it would be wise to wait for the next time it drops, always buy in the dip) and then put it in Earn for 3 months to get a 6.5% APY return on it. Your return will be weekly in a crypto called CRO, convert it every so often into Bitcoin or else build up a pile and stake it to get a visa card that gives cashback. I myself have the indigo card for 3% cashback and free Netflix and Spotify Use my referral link https://crypto.com/app/kubfxnh2ax to sign up for Crypto.com and we both get $25 USD https://help.crypto.com/en/articles/3579328-the-crypto-com-app-user-guidehttps://help.crypto.com/en/articles/2996965-crypto-earn-how-does-it-workhttps://crypto.com/en/cards.html This gives you your initial investment and 3 months to figure things out. You can go for another 3 months or can transfer your bitcoin when your 3 months earn is up. I've moved mine to another app called Celsius as the rates are pretty similar but I still use crypto.com to buy, then transfer Join Celsius Network using my referral code 190386fd85 when signing up and earn $20 in BTC with your first transfer of $200 or more! #UnbankYourselfhttps://celsiusnetwork.app.link/190386fd85
BorneTobyWilde wrote: » Is Bitcoin the wise choice when so high. I thought it would be best to buy some of the mentioned crypto mentioned in thread, as a shot to nothing, or potential huge gains.
baalad wrote: » I am in the process of researching and educating myself about crypto. Was so close to jumping on the bandwagon 3 or 4 years ago and i wish i did in hindsight but better late then never i guess. I cannot help but be extremely confused with the amount of different advice given with regards to everything crypto related but if you plan to invest in crypto for the long term then am i right in saying that its really as simple as buying some bitcoin or whatever cryptocurrency you want. Transfer it to a secure wallet and pretty much walk away and leave it sit for a few years and hope for the best ?? Or am i missing something?
Gooey Looey wrote: » These days there are plenty of places that give a decent return of you leave it with them in Earn. Crypto.com, Celsius, BlockFi, Nexo all offer different deals and have pretty similar rates. Coinbase fees are high and you cannot stake or earn (yet). I started with coinbase but moved elsewhere quickly.
baalad wrote: » I set up an account on binance as the fees with coinbase were a bit too much! Looking at buying ETH and storing it in a wallet and leaving it there. Seems simple enough but every time i read up on crypto it seems to be confusing, panic etc etc Of course making a profit might not be easy but in terms of holding there is not a lot to do only buy, store and wait, right?? Or should i be doing more? Am i missing something or what lol
Gooey Looey wrote: » That's pretty much it if you plan to withdraw to a wallet. I leave mine in earn and add to it monthly. Everyone has a different plan
baalad wrote: » As i said. I am still educating myself so right now im clueless but it seems like investing is the easy part. Turning your investment into physical cash in hand seems to be the hard part.
