The cryptocurrency craze is in full swing once again. It is deja vu to 2013 for someone like me, who saw a similar craze happen back then. Coins were rising rapidly, 2-10x in a single day! And, yet here we are again, only with more coins and with market caps 100x what they were back then.
In this article, I am going to go over how you can invest (or gamble) in these smaller altcoin cryptocurrencies. I will also go over why you would want to invest in some of these coins, and why you want to avoid others. Finally, I will go over some important precautions to protect your investment from theft, as I, and many others, have experienced before.
Please use the links below to find exactly what you are looking for:
- Introduction to Cryptocurrencies
- Purchasing Bitcoin
- Choosing a Marketplace
- Buying Altcoins/Reading the Charts
- Choosing the Right Altcoin/Cryptocurrencies We See Potential In
- Do Not Trust Marketplaces
- Never Invest More than You Can Lose
Introduction to Cryptocurrencies
By the fact you are reading this article I assume that you are well aware that Bitcoin at least exists, even if you cannot explain it properly. Bitcoin is essentially a decentralized (no one controls it) means of transferring wealth. More broadly, the blockchain is a platform of trust, with currency being an application of such technology. It removes the need for banks and third parties for individuals to have access to universal financial and lending institutions. Borderless and permissionless, Bitcoin and cryptocurrencies open the potential for billions of individuals who never had access to traditional financial institutions before. To get a full introduction into Bitcoin, you should watch THIS video by Andreas Antonopolous, since he is one of the best at explaining it properly.
Since it’s creation in 2008, there have been hundreds, now thousands, of smaller cryptocurrency coins utilizing this technology to introduce something unique. The majority of these will not make it through the next few years with a market value, but a few unique ones will. There are certain things that Bitcoin is just not addressing, or could have never thought of with its initial creation.
Personally, I believe that Bitcoin will survive as the largest cryptocurrency due to its broad acceptance. So before you go further with investing in some of these smaller altcoins, you should understand why it is different than Bitcoin. If you buy “JunkCoin” (which, yes, existed back in 2013) just because you see it going up 10x in a single day, but have no idea what it offers, you are purely gambling and will likely lose all of your investment. We will go over some of the unique features specific coins offer later on, and if you like, you can skip there by clicking HERE.
If you were to visit CoinMarketCap today, or any day in the last couple of weeks, you would be shocked to see the rise in these coins. A $100 investment just one month ago would almost guarantee to net you at least $200 in profit by now, regardless of the coin you invest in. Coins such as Cardano were at 2.8 cents on November 20th, and today, one month later, is currently trading at 55 cents. A $100 investment one month ago would net you an absurd $1,900 just 30 days later. Below are the best 24-hour changes in these altcoins:
Yes, you would have doubled your money investing in Augur just 24 hours ago and the same with QTUM just two days ago. Let’s get into how you can get involved, but make sure you read the last two sections for some of my mandatory precautions that I have learned from personal experience.
In order to participate in these smaller coin markets, you need to first get some Bitcoin (or at least Litecoin/Etherium, as I go over shortly). Just about every single coin is priced in Bitcoin on exchanges, and will not take local currencies.
This used to be a fairly simple process back in 2013, but it seems that the bitcoin network has been so clogged lately, that you will be forced to experience large fees and transfer times. I will go over some tricks to get around these fees, but I will first go over the mainstream method.
Coinbase – Buying in $500 or more in Bitcoin/Altcoins
Coinbase is the main way that individuals get their Bitcoin today, and is really the only self-explanatory way to exchange your bank information to receive bitcoin. Coinbase has also been tested, existing since 2012 and outlasting just about every other website that has been shut down due to theft or hacks. We will cover this much more in our “Do Not Trust Marketplaces” chapter.
While Coinbase has proven itself a trustworthy company having more users than Charles Schwab, there are a lot of issues with buying on this platform. I say that you should only use Coinbase if you are investing more than $500 in crytpocurrencies due to the massive transfer fees. Aside from a 3% fee to buy Bitcoin (which isn’t very much), you will be charged a whopping $16 to transfer the Bitcoin to any other wallet. This fee has increased over the last few months dramatically and may be lower depending on when you read this article, but a $16 fee to invest $100 is just not a smart investment. In 2013 this didn’t exist. I bought in $20 at a time and would transfer it over to buy smaller coins, losing under $1 in all the transfer fees. If you plan on investing $100 or less, we have a funny workaround that I figured out below.
The final nuisance with Coinbase is if it is your first time purchasing. If you want to get in on the altcoin craze, you are going to have to wait a week or two while Coinbase verifies your identity. You will get your Bitcoin at the price you paid, but you will have to wait before you can move it to any exchange that allows you to buy smaller coins. Once your identity has been verified it will only take around 1 business day to receive your Bitcoin.
Please also check the Litecoin and Etherium fees before purchasing Bitcoin if your only purpose is to use these smaller exchanges. It may be cheaper to send money through these coins and you can save some money on transfer fees by initially purchasing in one of these other two coins offered at Coinbase.
Bovada Workaround (Buying Under $500, or First Time Using the Site)
This is something that I literally figured out last night. I wanted to add $50 to my altcoin portfolio but did not want to spend $16 just to transfer it into the marketplaces. After asking around, other than finding someone on Craigslist, I wasn’t sure what to do. And then it hit me.
I like to bet on UFC events and have a Bovada account. I remembered that they allow you to cash out Bitcoin with 0 fees. I ran a test and sent $10 to my Binance account (which we go over later), and it arrived the next day in full. $10 transferred without having to pay a single penny in fees.
Now, this can only occur after you have money in your Bovada account, and they take a large 5.9% fee to transfer from your bank. This percentage is much higher than Coinbase, but without the $16 transfer fee, it is the way to go for anyone investing a small amount of money. But one huge benefit is – Bovada waves this fee on your first purchase! This means you can literally transfer and purchase Bitcoin with a $0 fee.
Signing up with Bovada is far simpler than signing up with Coinbase, as you will be approved to buy in shortly after verifying your email account. Mind you that you need to be of legal gambling age in your jurisdiction to sign up in this method. Right after signing up you can then use your credit or debit card to buy into Bovada. The only thing you will need is the last four of your social security (I understand being hesitant but Bovada has been around for a long time with a trusted history. We also aren’t going to be keeping our funds here)
Assuming your bank allowed you to transfer money into Bovada, it will hit your account pretty much instantaneously. You can also choose a casino welcome bonus so you can play with some money after you transfer your Bitcoin out. As you can see from the screenshot, I am buying in $25 into a new account to show as a test:
You could run into issues your first time buying in, since a lot of banks will classify it as a fraudulent charge. It took me all of 15 minutes to clear this up after speaking with someone at Bovada.
Once you have your money, you can cash all of it out in Bitcoin by going to “Withdrawal”. You will end up choosing the Bitcoin address you will create in the next step, so no need sending it out just yet. You don’t want to send the Bitcoin to an address you won’t end up using, since you will end up paying the fees we are trying to avoid with this workaround.
I want to caution that this method works as of 12/19/2017 and cannot guarantee it will continue to work in this fashion, without fees, far into the future. If you are worried it may not work, you should use the above Coinbase method.
If anyone knows any other workarounds to Coinbase, PLEASE let me know in the comments below.
Choosing a Marketplace
As we go over in the above section, you cannot buy in via your bank account or credit card into the marketplaces that allow you to purchase smaller cryptocurrencies. You will need to transfer in Bitcoin (or Litecoin/Etherium that Coinbase also sells), and then use that Bitcoin to purchase these coins. This is why the transfer fee is so crucial if you are able to avoid it by using the Bovada workaround.
There are essentially 2 different marketplaces that we suggest:
Binance and Bittrex. There are many others, but we found the ease of use and signing up to be the best on these two, with Binance being my personal favorite. We are keeping an eye on Altcoin.io, which is supposed to be a decentralized marketplace for added security, which we go over later.
As I go over later in this summary, you should never trust any of these marketplaces to long-term hold your investment. This is solely so that you can get in on the short-term mania, or to get in now to hold for the longer term on a hard drive wallet.
What you will want to do first is determine the altcoins that you are interested in purchasing. I will go over some methods for this in the next section, but you will want to figure this out before signing up with marketplaces and transferring your Bitcoin in to avoid as many fees as possible.
Once you have done some research on the coin or coins you want to purchase, visit CoinMarketCap to find out where it can be traded. You would then click on the coins you want to purchase and then click on the “Markets” tab:
You will make sure you will want to sign up for the exchange that allows you to purchase as many of the coins as you want as possible. Binance has a large number of coins to choose from, but if you wanted to buy the meme coin DogeCoin for example, you would need to go elsewhere. If you can minimize your exchanges to 1 or 2, you will reduce the number of potential transaction fees you will occur when moving your funds out.
Once you find the one you want (remember that some require further identification such as Driver’s licenses), you can sign up and deposit the Bitcoin you purchased in the previous section. Click on either “Wallets” or “Deposits & Withdrawals”, or something similar depending on the marketplace in order to access your wallets. Click “Deposit” or “+” on the coin you wish to transfer in (Bitcoin/BTC if you followed my steps earlier), and copy the address you are given:
Once copied, you will then take that address and paste it into either Coinbase, Bovada, or wherever you ended up purchasing your Bitcoin. Coinbase will charge the $16 fee mentioned earlier, and Bovada will not. Coinbase takes roughly a week to get the coins for new users, and then will transfer to your marketplace account in roughly 1-6 hours. Bovada will allow you to buy in instantly, but it will take 1-2 business days to deposit into your marketplace account. This is why I mentioned that Bovada is actually faster if this is your first time and you don’t want to miss out on another week of cryptocurrency gains.
So if you bought in via Coinbase and have your Bitcoin, transferring to this account should take less than a day, depending on how clogged the network is. It took me 10 hours a week ago, but only 1 hour a couple of days ago.
And as I am writing this it looks like this fee has actually increased to $21.66 to transfer out of Coinbase. This is $21.66 regardless if you transfer $10 or $300, so this is why it is really only worthwhile to use Coinbase if you are transferring a large sum of money.
Buying Altcoins/Reading the Charts
This part is fairly simple assuming you don’t plan on doing day trading, and you know what coins you want to purchase. I will be using Binance as an example, and will only be going over the basics. If you already know about how stocks work this should be pretty straightforward, but here is a refresher course for everyone who needs it.
Find the coin you want to get by going into the Exchange section of your marketplace. You would then search for the symbol of your coin (which you can see at CoinMarketCap). I will be doing this using the cryptocurrency Cardano (ADA) in this example.
If you don’t plan on day trading, and you just want to get the coin now (and you aren’t investing 10’s of thousands of dollars) you can just purchase at the market price. This means you will guarantee yourself that you will buy the coin at the lowest price that is currently being offered. This is not smart if you plan on investing thousands of dollars, since you may move the price and pay too much, but a small $200 order will not make much of any difference for you. The coins that I want I just buy at the market price, the coins that I think may see a lot of volatility and I want to play around with, I will set limit orders.
You can also use the selling limit function to set orders to sell your coins while you may not be paying attention. Cryptocurrency markets are 24 hours, 7 days a week. You can set your coin to sell when it increases by 50% in price, just in case there is a massive run-up, or pump and dump, that occurs while you are sleeping.
Once purchased you will now have those coins in your wallet. If it decides to 10 fold in price, you are officially in and will ride the wave with everyone else.
If you just want to gamble and teach yourself how to day trade with 0.5% fees, then go right ahead and skip the next section. But if you want to actually buy a couple of coins that you see long-term potential in, read on.
Choosing the Right Altcoin/Cryptocurrencies We See Potential In
Here comes a crucial factor and the one that just about everyone considers themselves a wizard in nowadays. Seeing massive runups in just about every coin you can imagine the last month has led everyone to think they are investing geniuses. Well, I am here to burst that bubble, most of these coins will end up going to $0.
That isn’t to say they don’t have value – they just may not have a market value. Blockchain technology allows for innovation we have never thought of. Saying it is limited to currencies is like saying the internet is limited to email – it is merely one application. The blockchain technology allows for distributed trust allowing for a digital entity to be impossible to duplicate.
I will give you an example of a coin I recently learned about – VeChain. VeChain hopes to work with high-end designers, winemakers, or jewelry and watch companies, and just about anything you can think of that can be counterfeited. Since the blockchain allows for a digital entity that cannot be duplicated, items can be lined with a QR code invisible to the eye that can be scanned and verified as authentic. Wondering if your Gucci bag is a China knockoff? Scan it with your Gucci app to find out exactly when it was made and to verify it as a real Gucci bag.
This innovation is amazing and the coin is one that I am looking at on the short-term, but does it have a real economic value? Yes, the technology is valuable to these companies, but I envision a future where this can be done internally by each company that requires such verification. There could be a GucciCoin that only exists to verify their products with no real need for a market value or to distribute it to the masses.
In this current mania just about any coin that offers something unique is rising, and will likely continue to rise as this progresses. I personally only suggest playing with these coins in the short term, and that you stick with unique forms of currency for the long run.
Another thing to consider is the possibility a coin will be added to Coinbase. Coinbase by far has the largest user base and allows individuals to use their bank account to buy coins directly. When a coin is added to Coinbase (as Litecoin and Etherium were), it adds a bit of longevity and a larger potential market cap. Coinbase only brings on a coin when it has a large market acceptance and has proven itself stable and secure. You won’t see the 25th coin on CoinMarketCap being added to Coinbase until it has a larger share of the market. No one other than the insiders at Coinbase really know what will be added next, but there are some smart guesses that could arise.
I want to show you a screenshot of CoinMarketCap from December 2013 when this mania first occurred. I thought it was insanity then and took this screenshot to show to a friend. Compare it to the CoinMarketCap of today and see which coins actually still exist or have any real value…
Bitcoin and Litecoin have both survived and 10-20x in value, Peercoin is number 97 and has lost 20%, Namecoin is number 160 and lost 60%, Megacoin is number 469 and lost over 90%, Feathercoin is number 129 and lost 75%, Primecoin is number 370 and lost over 90%, Protoshares isn’t listed and lost all value, WorldCoin is number 460 and lost over 90%, Quark is 446 and lost over 90%, and finally Freicoin is number 849 losing over 95% of its value since 2013.
We know why Bitcoin survived, but the only other one is Litecoin. Because it has the second longest track record, but more importantly, because it was accepted onto Coinbase.
I personally do not see any difference in the current mania. A few unique coins, or ones that are accepted onto Coinbase, will actually survive any real pullback in the cryptocurrency market.
Coins with Short Term Potential
Now, any of these coins could crash at any moment, and as I go over later, you shouldn’t invest more than you are willing to lose. But below are some coins that I see that have unique features with short-term potential that I am personally invested in. I do not plan on holding these coins long-term, but I see potential in this insane climate since they do offer something unique. I also don’t plan on investing much money into these, since they have the most potential to decline 80% (or even 100%).
VeChain (VEN): As mentioned above, this coin offers the ability for manufacturers to mark their products so that they cannot be counterfeited. Everyone will now be able to tell if you have a fake or not by giving it a scan – ruining the counterfeit market. The coin is also the coin with the 50th market cap, allowing for the potential of 10-20X gains that coins in the top 10 have already experienced.
Digix DAO (DGD):I have already more than doubled my investment on this coin, and I like the fact that they are attempting to tie it to gold in some fashion. One DGD is supposed to equal one gram of gold, while it is run on the Etherium network. I do not know exactly how this is done, which is why I do not plan on holding it for much longer. It is also still ranked number 58 on CoinMarketCap after more than doubling, meaning it still has further potential.
Dogecoin (DOGE):Man do I feel weird adding this one – a cryptocurrency based on a meme. I actually decided to mine this coin the weekend it was released using my laptop, nearly 4 years ago. I was able to mine 100,000 coins that weekend and loved participating in the joke cryptocurrency. To my surprise, it has survived longer than every other coin mentioned earlier, and is currently the 36th largest coin, nearly 30x in value since early 2014. The coin has proven itself to have the longevity no one thought it would have, and I see it having some life in the internet culture of tipping. Being based on a joke has made this coin unique enough to survive this long, and it will likely continue to survive and grow in this mania.
And to be honest – I don’t really want to focus on many more of these. If it is difficult for you to understand why the coin brings something unique, then you really shouldn’t buy it. People may be yelling at me from their keyboards that I missed out on Troncoin or that ETHOS is the next big thing, I just can’t know about them all.
Coins with Longer Term Potential
For a coin to have long-term potential I think it needs a few factors:
- It needs to offer something unique
- It needs to have the potential to be added to Coinbase
- It needs to have potential to be accepted globally (or locally) as a real means of transferring wealth
In this regard, I have found roughly 3 coins that I personally like and am holding on to the longer 6-12 month timeframe. These are:
Ripple (XRP): What I consider the anti-bitcoin. When this coin was first announced (either late 2013 or early 2014, I can’t recall), I instantly thought “Pyramid Scheme”. I avoided it like the plague as it removed some of what I considered the best features of Bitcoin – the decentralization. Bitcoin being decentralized mean that no one has control over the supply – no one can manipulate the system any more than someone can manipulate the internet itself. Ripple utilizes the blockchain technology in a centralized fashion, with no ability to mine it – meaning the insiders get access to the coins if they so choose. The coin I avoided for 3+ years has now proven itself to me in the industry I hate the most – Banking. Major institutional banks are starting to test out the Ripple system to help with verification processes of transferring funds. Rather than using the expensive and slow SWIFT system, Ripple could be utilized by banks to transfer funds internationally. While I don’t like the centralization factor of it, I realize that banks would never adopt something as decentralized as Bitcoin, meaning this coin has some serious potential over the next couple of years.
Being the 4th largest coin, with a market cap larger than Litecoin (which is currently on Coinbase) makes it a prime candidate to be added to their network. If it does, the average investor who has no idea what the blockchain is but wants to get in will flood into this coin. People are visual creatures and they are turned off by the fact they can’t own a full Bitcoin. Ripple being 79 cents right now allows for all of these people to buy hundreds of coins and feel that they have the potential of being a millionaire as early Bitcoin adopters have become. I purchased this coin now and am holding it on a wallet on my laptop to see what becomes of it over the next few months.
Dash (DASH): This coin offers a few unique properties and claims itself Digital Cash. Bitcoin and Etherium have been bogged down lately, meaning transfers are taking hours instead of minutes. This makes the future dream of buying a cup of coffee with Bitcoin a reality that may never occur. Dash allows for very large and fast blocks by creating what are called Master Nodes. Essentially a Master Node holder is someone with 1,000 DASH who helps to verify the network and is rewarded with DASH every week. These holders can have their coins taken from them if they act nefarious, and will no longer be able to receive the reward if they fall below 1,000 coins, adding security to the fast network.
I personally transferred Dash into my hard wallet on my computer and it took less than 5 minutes to complete. This allows for that potential that we all had hoped for when it comes to billions of transactions being able to occur in a timely manner. Being the 8th largest coin and with this unique potential makes it a real contender to be added to Coinbase.
IOTA (MIOTA): Now IOTA had me the most intrigued when it comes to its potential and technology, but it currently is the riskiest of the ones I am discussing. The network has been suspended from moving coins for the last few weeks and if it isn’t figured out soon, I don’t see it ending well for this cryptocurrency. You can still purchase the coin on places like Binance, but you will not be able to withdraw it. You will only be able to transfer it back into Bitcoin until the network situation is figured out.
If the network situation is figured out, this coin offers something truly unique. Rather than using the Blockchain, which verifies transactions every given set of time (10 minutes for Bitcoin), IOTA uses what they are calling Tangle. The miners on Bitcoin are the ones who verify transactions on the blockchain, but IOTA has it set so that the individuals sending the coins are the ones to verify the next 2 transactions. I am not sure how this is done, but assuming it works as advertised, this allows for transactions to occur with 0 fee. Since you are the one verifying the next two transactions, there is no need to charge a fee to pay to miners. Ripple has a transaction fee in order to prevent spamming the network, but IOTA has no need since spammers would just be helping to verify further transactions.
This means the coin should have an extremely fast transfer rate not needing any 1-10 minute blocks to complete. Imagine the potential for something like this in poor African countries where even a $1 fee would be detrimental. Coins are also currently priced in Millions of IOTA (MIOTA), with the supply being 2 quadrillion, so there is no need to go to the hundredth decimal point to price items in these countries. The lack of fees also allows for private sending, since your transfer could be tumbled with other individuals sending the same amount of IOTA, making it extremely difficult to tell who sent whom money.
Cardano (ADA): Not quite sure what it does but people are extremely stoked about it. One of the fastest rising coins and they have a very intuitive/well-made wallet for your computer.
Qtum (QTUM): Advertized as the ability to have smart Etherium contracts on the bitcoin Blockchain. I don’t truly understand it, but there seems to be a lot of hype behind it.
A bunch of others that I just don’t have the time to do full research on. Find YouTube channels and blogs from people who can help educate further on some of these coins. Remember to be cautious of anyone saying its amazing or just using big words that you don’t entirely understand. If you can’t explain why the coin is unique to someone else, you probably shouldn’t buy it.
Do Not Trust Marketplaces *IMPORTANT*
If you are going to read any two sections, it should be these final two. You need to learn from my (and others) past mistakes by heeding these warnings.
I can’t say for certain, but I believe just about every marketplace that existed in late 2013 other than Coinbase was either hacked or the owners stole the funds. I had coins (including a decent amount of Litecoin) in BTC-e, whose site is currently seized by the US Government:
Cryptsy offered the most amount of options in late 2013 allowing you to buy all of the small coins that other marketplaces wouldn’t. I had a wide portfolio of random coins, all of which were lost when it was shown that the owner had stolen the funds. I personally only lost about $100 at the time, but those coins are currently worth well over $2,000. My friend lost 5 Bitcoin, as well as a lot of other random coins that he was holding on the network, all equaling nearly $150,000 today (though at the time it was closer to $3,000). If my friend and myself had just downloaded some wallets onto our computer and transferred the funds there we would have never lost anything.
Bitcoin itself doesn’t’ need to be regulated in order to be secure on your device, but when you give up control to these marketplaces you are trusting the owners that they have properly secured the accounts and that they won’t steal it. These random marketplaces that exist are not being regulated the way banks are, yet have millions of dollars flowing through them, and I just don’t trust any of them anymore. Hell, I even had 10,000 DOGE stolen from the guy who ran the Reddit tipping bot – so my trust is gone in any entity other than my own computer at this point.
I consider Coinbase fairly secure, but there is no real reason to trust them with large amounts of your money. Any real investment should be stored on a hard drive, or by purchasing a Ledger wallet. This allows you to store your Bitcoin and altcoins easily on a USB drive that you can then keep in a safe or safety deposit box. These coins can’t be stolen from you and you can hold onto them for longer term. The safest and smartest way to store your investment is to create a paper wallet. There is a semi-easy way to make one if you follow the directions at BitcoinPaperWallet.comto print your self a wallet that is entirely offline. You can then store it in a safety deposit box, or wherever you wish for safe keeping. Just remember that if you lose the paper (private keys) you lose the coins, and that if anyone can see your private keys, they can access your funds.
I personally downloaded the DASH hard wallet to my computer, and the entire Bitcoin hard wallet (800GB) to an external hard drive for storage of everything I plan to hold onto longer term. I also downloaded soft wallets of Ripple and Cardano and don’t plan on keeping any of my funds in Binance or Bittrex. My concerns may be overblown, but this is a “fool me once” sort of situation. Learn from our massive mistakes by storing your coins on a hard drive and not with a company.
Never Invest More than You Can Lose
I have said that if you haven’t lost 75% of your crypto investment in 1-2 days, you aren’t a real crypto investor. These coins take massive swings, and while we have seen nothing but up lately, I can basically guarantee we will have some rough pullbacks in the future. I was around for the entire 2013 mania, watching bitcoin rise to $1,100, and then break hearts as it falls right back down under $200. If you truly understand the wonder of the blockchain and the potentials it could bring to billions of currently unbankable people around the globe, then you shouldn’t worry about these short-term fluctuations. You should be taking bitcoin on a 6-12 month average and not week by week. If it crashes back to $11,000 and then finds a home at $14,000, everyone will remark how it collapsed from its highs of nearly $20,000. This would ignore the fact that bitcoin above $10,000 was unthinkable just 2 months ago and would require you to take that 6-month approach.
This is also why I suggested earlier to not hold onto any coins you do not see long-term potential in. Buying a bunch of small random coins should be short term 1-2 month buys while this hysteria continues and more big money flows in, but I just don’t see them all surviving the long haul.
So the money you put in should reflect how scared you are to lose it. If you want a 5-year goal on this, don’t worry about the short term swings. Don’t sell after it starts to take that potential 75% dip. All you should care about is its value 5 years from now, so this also shouldn’t be money you expect you will need over the next 5 years. Any short-term plays you are doing should only be with money you are willing to lose in the short-term. If you wouldn’t buy that money into a casino, I honestly don’t suggest you gamble it on these smaller coins.
If you think that bitcoin is a bubble and you are just trying to ride the wave and get out at the peak, I can’t help you. No one can call this peak, and those who happen to guess and get it right will be renowned as geniuses. You are buying bitcoin and other cryptocurrencies for the potential they offer.
Well, I hope I covered all the basics. Remember the cautions and learn from my past mistakes. And most of all – good luck with your future cryptocurrency investments.
If you found this helpful, or end up making bookoo bucks, any tip is appreciated.