Cryptocurrency Investing || Day 1 || Taking Advantage of the Litecoin Price Drop
Hi all,
At last! I have begun my cryptocurrency investing journey!
Yesterday, I noticed that the litecoin price dropped significantly after a long rise.
Note: Prices will be in AUD as I am from Australia
I am only an amateur investor but I have some investing strategies which I would highly reccomend to other new investors who don't have an investment plan. I will go into more detail in another article.
The website I used to purchase cryptocurrency is https://www.coinbase.com/join/5a3313fa720a210147e025c1
When you spend over $100, you receive $10 free bitcoin as a way of them saying thankyou for using their services.
Coinbase Graph Showing Value of Litecoin Over 1 Week
I invested $35.00 AUD when the Litecoin value dropped down to about $350.00 AUD for one Litecoin.
At the time I wrote this, Litecoin jumped back up to $403.00 AUD for one Litecoin, bumping up my wallet value to $43.00, meaning I have made an $8.00 AUD profit from my first investment.
Congratulations on entering the Crypto world. You won't regret it! Just remember cryptos are very volatile. They go up and down like the tide!
Thankyou for the heads up, yeah I'm enjoying it heaps! I love it when the prices go down because thats when I purchase my bitcoins :)
Welcome and congrats! Don't forget to sleep and don't freak out when it crashes ;)
Of course XD. Nah Im going long term so it doesnt concern me, but i check like ever 5-30 mins to see when it drops so i can buy more at a cheap price
We run a steem meetup on the last Thursday of each month, in the beer garden at the Jade on Flinders St.
Next one is on March 29th, from 6pm.
Please join us any time you're free, or hit me up if you have any questions.
Hi @ovimarcus
Next Adelaide Steemit meetup is this Thursday 31st of May 2018!
6pm onwards @ The Jade 142-160 Flinders Street.
Further details about the meetup can be found here
Hope to see you there, have a great day :) Stef aka @o07
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