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RE: Criminal Chinese Government Crashes The Cryptocurrency Market

in #bitcoin7 years ago

That's a great point! Best of luck on the big buy! How long have you own crypto? I bought my first portions of BTC, ETH, and LTC about a month ago. Right now I mainly use coinbase, but I know that isn't probably the best place to purchase and store large amounts of crypto.

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I started mining etherium a month ago with 2 liquid cooled 1070.
Also mining Verium which is CPU only with a bunch of servers.
I use Bittrex for my exchange, I'm down over the past 48 hours 25% but still up overall the month of August.
I've bought a few more LTC and plan to buy more.
I use Exodus for my offline wallet.

Thank you for the info and the advice! I'll look into these things for sure. If I could only regularly buy one crypto currency, what would you suggest?

if your going to stick with a single coin for long term investment. Litecoin would probably be your best bet for now. But understand the risks of investing into a single coin, if it flops all your investments are gone.

Alternatively you could buy Etherium and buy tokens with Etherium, this way your much more diversified.

Thats my opinion anyways.
Good luck!
Beercules

Great advice! Definitely want to have my hands in both. Thank you!