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Hey guys,

 

Decided to join the forum since cryptocurrency is currently my main reason for being relatively active on MyBB.

 

Haven't put much thought into pursuing this before, but took the plunge last weekend and have spent some free time getting to grips with the ecosystem and understanding what coins are more in line with my thought process.

 

So far I've sent 15k to Luno and have spent 10 of the 15, but will probably use the last 5k today since I plan on holding it for quite a while. I've been hesitant to buy more as quite a few articles have it stated as being overvalued, but even if it does drop, I just see it as an opportunity to buy more as it's ultimately going to go back up (barring some disaster where the entire ecosystem crashes).

 

I sent another 5k to ice3x and have assigned half of that to a buy order for LTC, and plan to use the other half for ETH, although I feel like it still has some more room to drop given the recent loss of faith and the BTC hype-train taking all of the attention.

 

Next steps are to look at trading smaller coins, but need to gain some knowledge on which platforms are the most effective.

 

Looking forward to learning from the rest of you, and hopefully contributing my own thoughts.

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All the best in your crypto journeys, hope you land up where the skies are blue and rivers flowing with wine, with a wench on each arm of course :D

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Welcome!! P.s dont base your buying/ selling decisions on articles as they are only opinions. Nobody knows what will happen. Buy gradually and in what you believe in. My 2 cents :)

 

Sent from my ALE-L21 using the Platinum Wealth app


Entrepreneur with a marketing and sales background. Register to invest via Easy Equities: http://bit.ly/2mDNXsT

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Welcome!! P.s dont base your buying/ selling decisions on articles as they are only opinions. Nobody knows what will happen. Buy gradually and in what you believe in. My 2 cents :)

 

Sent from my ALE-L21 using the Platinum Wealth app

 

Unless those articles are PW authored.

 

Hehe

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Welcome!!  P.s dont base your buying/ selling decisions on articles as they are only opinions. Nobody knows what will happen. Buy gradually and in what you believe in. My 2 cents :)

 

Sent from my ALE-L21 using the Platinum Wealth app

 

Obviously, just kidding there.

 

This is valuable advice, do not buy based on what you read on the internet alone.

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Thanks all for the welcome!

 

Been reading articles all over the place, but the real war happens in the comments, especially last night with the BTC and the worry about the potential hard fork in November, but ultimately I just research what I can and try and decide what's the right move.

 

Sent from my XT1572 using Tapatalk

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Thanks all for the welcome!

 

Been reading articles all over the place, but the real war happens in the comments, especially last night with the BTC and the worry about the potential hard fork in November, but ultimately I just research what I can and try and decide what's the right move.

 

Sent from my XT1572 using Tapatalk

 

Wait a minute? 

 

Another fork?

 

Oh boy.

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Segwit2x is planned for a specific block that they estimate will occur in November, since the blocks are released on a schedule (from what I understand).

 

It'll be a bigger block size so cheaper transaction fees and potentially more volume, which would appeal to miners. I think last night BCC also became slightly more profitable than BTC last night, but I think miners still see faith in core since the other forks are all so untested.

 

It can be so easy for big mining groups to instill fear by temporarily switching to another coin for a bit, which gets then non-hodl people into a panic.

 

Sent from my XT1572 using Tapatalk

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Welcome to the forum!

 

--

Thanks for the info on BTC, I heard somewhere about the new fork, got me confused since I thought that was what August 1 was for.

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The problem with having 3 is thay they likely won't all exist together for long, but I think the miners will stick with BTC at least until the others are thoroughly tested.

 

Sent from my XT1572 using Tapatalk

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