Welcome to the Newschoolers forums! You may read the forums as a guest, however you must be a registered member to post. Register to become a member today!
frostedTipjust make sure you spread your money out across a few different ones.
zuesIf your idea is because you're worried about hackers....
just transfer it into a cold storage wallet and save to a USB drive.
I always stored my coin in a cold wallet
frostedTipnah not worried about that really. I mean over a few different coins not just all on bitcoin or something. I've thrown a little money at some obscure cryptos and they came through big for me. Well, some did some didn't but the ones that did made up for the loss on the ones that didn't. always good to have a diverse portfolio
RykerThanks guys, I made an account on coinbase. Can I turn any profits on there into irl cash or is it just meant to all eventually be traded into bitcoin and spent as bitcoin? Hope that made some sense
JAHpowYou do this through trading the coin.
RykerThanks. How do I find someone to pay me in exchange for my bitcoins?
MiIfHunterI’m going all in on eth tons of bread to be made
ASAPJackmilfy diverse yo portfolio
theLiquor-Coinbase, Binance.us, Gemini as your fiat onramp. I love Bitrue as well, great staking rewards. And i accidentally sent 5000xrp to the wrong address on their exchange (always remember memo if sending xlm/xrp to an exchange addresd), but with patience they got my coin back to me.
-start linking your bank ASAP because verification can be a lengthy wait. When i started Ethereum was $25 but by time i finally was verified it was $200.
-fuck Robinhood for more than 1 reason. Never used it i kno ppl buy Dogecoin, but you cant send coin so whats the point? This is the new internet, get your hands dirty, get accounts on a few different exchanges, send coin, lose some coon, lose some money, learn lessons, improve etc. learn how it works. People who bash XRP are ones who have never actually used crypto to make transactions. Yea Litecoin snd Bitcoin cash are cheap to use, but they dont have much development happening behind the scenes.
-if you send bitcoin or ethereum, make sure you look at the transaction/miner fee first and know what ur doing. I almost got charged $270 to send Ethereum from exchange-exchange yesterday, good thing i checked my math.
-diversify. And the more informed you are, you can learn whether growth seems organic or pump and dump. You can make so much money selling your coin that pumped, dont get attached.
always hedge with bitcoin. If butcoin dumps 30%, alts/shitcoin can easily dump 50%+. When the ratio seems to hit bottom, sell some BTC for alts, wait for them to pump in value against BTC, sell for BTC, rinse snd repeat