Getting into AltCrypto as they all rise

in #crypto7 years ago
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Prices are rising on most Alt coins, not just Bitcoin.

ITS NOT TOO LATE to get some or parts of these crypto coins.

BIG CHANGES ARE HEADING OUR WAY DUE TO THE MASSIVE RISE OF CRYPTO'S.

Fiat money has no value in savings, nor on the stock market or in bonds or general bank saving accounts in comparison to the rising values of crypto coins. I am not a financial adviser, but its coming clear to anyone with the sense to see that dramatic changes are upon us. The flight from fiat cash to valuable cryptocurrency has begun.

The investors in bonds and stock markets shares will very soon be cashing out to put their money into crypto. In the stocks, shares and bond markets you are lucky to get 5-8% per year, whilst cryptos are all rising almost daily from 10% to sometimes 100% often in a single day!

When such an event as this happens its an opportunity for the stocks, bonds, and shares traders, which they cannot ignore, they are going to HAVE TO JOIN IN, but they are held back by their own red tape. When they do enter this market it will SHOOT STRAIGHT UP, much more than the current rate of climb. Then later as stocks, bonds and shares, and other savings start to loose funds, disappear and fall; then the general public will rush in like a thundering hoard. This will be another second HUGE leap upwards. So there are TWO huge upwards leaps coming at some time in the near future (2018).

So knowing this ITS NOT TOO LATE.

Its not easy to buy cryptos its tedious and has some dangers: first you should register, by signing into an exchange like the three examples below, and you have to send in photos of your ID documents; passport, driving license and utility bill etc., and possibly your bank details, as its cheaper to purchase via a bank account; credit cards are charged a lot more. All the associated fees are high, because you are getting a great potential deal.

Register with at least two - there are many others.... it can take several days to be accepted.

BitPanda - https://www.bitpanda.com

Coinbase - https://www.coinbase.com/

Bittylicious - https://bittylicious.com/

CEX - io - https://cex.io/

Wallets - you MUST have a wallet to put your crypto coins into, here are a few examples:

Jaxx is the simplest (but not as secure) - https://jaxx.io/

Exodus - https://www.exodus.io/

Paper Wallet - YouTube video explaining.

Its a good idea to store your crypto ID numbers offline taken out of your wallet onto paper/on usb.
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Now here is a totally unsensible idea, not mine but from JSnip a crypto watcher on YouTube. Its clever - let the banks assist you in funding your crypto purchasing!

What you do is to obtain a credit card and use it to buy cryptocurrency of the most likely to rise a good amount in a month. Buy a cautious amount and pay off the debt at the end of the month, taking your profits from the rising crypto values over the period. Repeat as often as you dare!

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Good article and fun recommendation at the end. The trouble of course is trying to time any of the cryptos is all but impossible. I have notice though that when Bitcoin has a large move, the other 1300 tokens take pretty good corrections. I would suggest a different trading scheme, albeit one you have to fund yourself. Buy BTC during a dip. When it gets a big upturn, use it to buy your favorite cyptocoins you want to trade in and out of. When Bitcoin corrects and the other coins get an upswing, sell those coins and buy BTC.

YES that is a good plan also
Thanks for commenting
Dave

Good word and information!

thanks for sending me this info earlier, very useful

very rational explained! I will show this post to my friends that want to join this world! Cheers! i resteemed it for my beginners followers! :)

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