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re: Bitcoin Investing
Posted on 3/24/14 at 1:52 pm to BeerCity
Posted on 3/24/14 at 1:52 pm to BeerCity
I wouldn't call it investing but if you want to get your feet wet in the crypto world there is nothing wrong with that. Just don't spend money that you aren't ready and willing to lose.
What I would recommend is diversifying in a few various cryptos. Maybe go in and buy a mix of bitcoin, litecoin, dogecoin, darkcoin, and heavycoin. Bitcoin and litecoin being the more "stable" coins (if you could call it that...they really aren't stable at all) and dogecoin, darkcoin, and heavycoin being the wildcards that have higher potential upside and are still cheap enough that if they ever did catch on big you could hit it big.
Just treat these purchases the same way you would putting money on the craps table and you'll be fine.
What I would recommend is diversifying in a few various cryptos. Maybe go in and buy a mix of bitcoin, litecoin, dogecoin, darkcoin, and heavycoin. Bitcoin and litecoin being the more "stable" coins (if you could call it that...they really aren't stable at all) and dogecoin, darkcoin, and heavycoin being the wildcards that have higher potential upside and are still cheap enough that if they ever did catch on big you could hit it big.
Just treat these purchases the same way you would putting money on the craps table and you'll be fine.
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