You are viewing a single comment's thread from:

RE: I just bought my first digital currency!

I also got in the game very late but I've been buying a few different coins here and there when the price is at what I see as a decent buying level. I started pretty small and the largest bitcoin buy I've made was right before the hard for August 1 and it was about 0.25 BTC. I paid cash for about 2/3 of it and traded some other coins in for it on the last day of July so I could get more Bitcoin Cash. I've since traded most of it for other coins as I've seen a good short term return on it.

I've also started to buy STEEM as it's at a relatively low price compared to the past couple of months and I use most of it to power up. It's interesting to see how much the value of my upvote increases as I grow my account.

I don't know how high Bitcoin will go but even if you only hold 0.02 it could give you a great return if it goes to $50k or even higher as some have speculated it will in the coming years. Good luck to you!

Sort:  

Sound logic my friend. Im looking to invest into steem over the coming weeks and use it to power up, rather than play the markets. If BTC hits 10k id be stoked, but as you say, some speculate 50k and some reckon it will go to the moon! Im keeping a good size portion long and maybe look to trade small % in the dips to make some short profits. Best of luck to all of us!