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Cryptocurrency: thoughts?

I'm intrigued by the rise of bitcoin. Do you invest in any cryptocurrency? Do you use Coinbase or what do you do? Any advice?

by Anonymousreply 13March 9, 2021 4:13 AM

I'm pissed at myself for not buying at $3k last year; 'It's too expensive... It'll never get past $10 again....'. It wasn't all a loss, I invested in LINK and sold at it's height. I may invest more in etherum and litcoin is too expensive for my blood now.

by Anonymousreply 1March 2, 2021 5:27 AM

Oh, I use coinbase and bittrex.

by Anonymousreply 2March 2, 2021 5:28 AM

Are there risks associated with Coinbase, beside losing your money because say, bitcoin crashes?

by Anonymousreply 3March 2, 2021 5:50 AM

If i had 3k to invest, would anyone recommend i do so now? and if so, when should i sell to get a profit?

by Anonymousreply 4March 2, 2021 5:53 AM

There's risk in every platform, but CB is less risky than the others. It's generally good practice to keep your coins in a wallet (a cold wallet like the Ledge Nano is recommended) .

by Anonymousreply 5March 2, 2021 5:54 AM

r4 I feel like it's going to drop a bit further before recovering. If I were to invest in BTC now, it'd would be after the coin hits around $47.2k. Just my two cents.

by Anonymousreply 6March 2, 2021 6:04 AM

thanks, r6.

by Anonymousreply 7March 2, 2021 6:08 AM

What's a cold wallet?

by Anonymousreply 8March 2, 2021 11:43 AM

Bump

by Anonymousreply 9March 4, 2021 6:30 AM

I've been buying $10 to $20 worth of Bitcoin here and there. I'm looking to get into Cardano (#3 crypto), and keep buying bits of Bitcoin over time.

by Anonymousreply 10March 4, 2021 7:34 AM

What are the new cryptos that you can buy cheap now? I want a coin I can buy for five dollars that later becomes a million.

by Anonymousreply 11March 4, 2021 8:56 PM

Bump

by Anonymousreply 12March 9, 2021 3:51 AM

I like bitconnect.

I feel like that coin is really primed to skyrocket.

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by Anonymousreply 13March 9, 2021 4:13 AM
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