You are viewing a single comment's thread from:

RE: Getting lost in the crypto currency jungle

in #cryptocurrency8 years ago

I cannot really give advice. What I personally learned and wish I would have done from the start:

  • Only register fully to level 3 with one exchange (Kraken) so that you can exchange fiat <>cc any other exchange accepts BTC afterwards
  • check out a cc that have a "real life usage" like Steem
  • try not to store any cc on an exchange use wallets. not all wallets are trust worthy either -.-
  • diversify, diversify, diversfy - in case one coin, wallet, exchange crashes or even disappears the loss can be mitigated, partially at least
  • personally I just invested some more into Lumen (XLM) = very good developer community, Dogecoin (DOGE) same as before, fun and big multiplier chance if it would ever hit 1$, Bitcoin & Ethereum are the must top#2 for me
    good luck 🍀 always make up your own mind
Sort:  

Thanks for the suggestions!
Time to dive into this world :)