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So, how rich do I have to be to get into this crypto currency game?

Posted on 1/4/18 at 8:56 pm
Posted by finchmeister08
Member since Mar 2011
35667 posts
Posted on 1/4/18 at 8:56 pm
I’m your average middle class US citizen and have been reading y’alls posts. I’m kinda interested in it, but how much is worth making it worth while?
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 1/4/18 at 8:57 pm to
quote:

but how much is worth making it worth while?
I started out with less than a 2k investment
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75219 posts
Posted on 1/4/18 at 8:57 pm to
Start with a couple hundred and see where it takes you
Posted by bayoubengals88
LA
Member since Sep 2007
18945 posts
Posted on 1/4/18 at 8:58 pm to
With patience and a bit of luck you can turn 1k into 20k. I'm pretty confident you can do this with some of the recommendations you'll see on this site.

I would buy a minimum of 3 LTC in Coinbase to start then pick the exchange of your choosing to buy no more than 3 alt coins.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80781 posts
Posted on 1/4/18 at 9:12 pm to
$5 can get you started
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/4/18 at 9:14 pm to
stop hesitating and buy

weve been shilling this shite for nearly a year now

there is only so much time left to take advantage of this wild market
Posted by bayoubengals88
LA
Member since Sep 2007
18945 posts
Posted on 1/4/18 at 9:16 pm to
quote:

there is only so much time left to take advantage of this wild market

no shite. I'd love to be out of XLM in 3-6 months tops.
Posted by MrSpock
Member since Sep 2015
4346 posts
Posted on 1/4/18 at 9:17 pm to
quote:

I’m your average middle class US citizen and have been reading y’alls posts. I’m kinda interested in it, but how much is worth making it worth while?


There is money to be made.
Posted by geauxchaz
NOLA
Member since Nov 2012
244 posts
Posted on 1/4/18 at 9:30 pm to
if you’ve got a few bucks to spend at, say, the casino, you can play the crypto game too.

Unless you’re stupid, you’ll only lose up to half of your investment. But right now the collective/consensus gains on this board are insane.

Take what you’d be willing to lose and throw it at this once in a lifetime opportunity.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/4/18 at 9:33 pm to
ya im pretty sure some guys on this board have doubled, tripled, quadrupled their original investment just this week
Posted by bayoubengals88
LA
Member since Sep 2007
18945 posts
Posted on 1/4/18 at 9:37 pm to
What's after octupled?

Ok, I'm done.
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61834 posts
Posted on 1/4/18 at 9:53 pm to
I started out with $100.
Posted by finchmeister08
Member since Mar 2011
35667 posts
Posted on 1/4/18 at 9:59 pm to
Where?
Posted by trux83LSU
brandon, ms
Member since Dec 2006
2655 posts
Posted on 1/4/18 at 10:04 pm to
I started last Friday. I made a couple mistakes in transferring some stuff and losing money that way. But once I got it figured out I’ve made about 100 off of 300 invested.
Posted by bstew3006
318
Member since Dec 2007
12576 posts
Posted on 1/4/18 at 10:07 pm to
I put $150 in about 2 weeks ago, just to test the waters. I'm pushing $1,000 on that $100. Get the F in!

I've since put a lot more in to really make some money.
This post was edited on 1/4/18 at 10:08 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/4/18 at 10:24 pm to
I'm guessing you're trading.
Posted by Gekko
Costa Rica
Member since Nov 2010
2500 posts
Posted on 1/4/18 at 10:29 pm to
Once you have a coin, how do you actually trade? Send the coin to another site?
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18295 posts
Posted on 1/4/18 at 10:29 pm to
quote:

I’m your average middle class US citizen and have been reading y’alls posts. I’m kinda interested in it, but how much is worth making it worth while?


I put in about $1k and I'm up to $6.6k from less than a week... now I think this week has been an insane ride and not indicative of the truth, but I also think more and more people are doing it, so you need to get in now before it actually does crash

quote:

Once you have a coin, how do you actually trade? Send the coin to another site?


read the getting started guide - it'll help. You also don't need whole coins
This post was edited on 1/4/18 at 10:30 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80781 posts
Posted on 1/4/18 at 10:30 pm to
Coinbase and the sister company Gdax is the easiest to get started
Posted by finchmeister08
Member since Mar 2011
35667 posts
Posted on 1/4/18 at 10:34 pm to
How does all this work with taxes and what not?
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