I bought the rest of my money I had on my bank account first to bitcoins, and after that I traded it all to steem, and converted most to steempower :) , so both yes :D
I did it in two turns, first 2 days ago, much to just test and see how it works, I thought it would be super hard to buy cryptocurrency but it was just a little bit hard, after that I read a lot about both steemit and bitcoins and other cryptos, and it made me want to invest in it for the long run, and here on steemit I get to use it also, that's why everything went in this one basket, I bet you can risk more when you don't have so much money to play with. If I would be rich, then I would play it much much more safe, I would spread it out in gold, stocks, house, and not all in cryptocurrency. :) and keep a little bit of fiat money too :(
TY for follow @gamemusic can't wait to check out your mixes. Followed you back on steemit ♨
I too bought steem during crypto crash 81cents so already up 108% (double actually just started using 108 in lieu of 100 because well because of steemit (long story numerology thing from a crystal lady)
As for LTC I can share this Litecoin already implemented SegWit and working flawlessly to allow execution of their Lightning network, high speed transaction completion and verification by miners on their blockchain, the founder Charlie Lee recently left Coinbase to return to LTC full time to guide future which is seen very positive by crypto community especially in China & S Korea & Asia. Lastly there's a rumor that MIT is going to bring news regarding their lightning network project Aug 1, speculation of development to be used on LTC network. Whatever is announced, probably be a sell the news event in US, but future bright as Lightning!
I don't have much money, so it's not a big deal for me to put it all in one basket, hehe. Can I ask what other promising projects that is in the making?
SBD/SP has a lot of promise. I like how the rewards are set up. As far as other crypto's are concerned, I highly recommend you diversify right now. Get a coinbase and bittrex account. Buy the cheaper coins and tokens now before the banks heavily invest in the crypto systems. After that happens - it's TOO LATE. Hint.... buy Ripple first it's cheap; then Ant; monero; ETH... maybe litecoin. I've got a series going that will help you make some good choices based on mine and other's research.
Please see my post below.... scroll down to the part about cryptocurrencies for very definitive information.
Yep- that's the one. Even if you used your credit card for $50 worth of Ripple - your ahead of the game. But I don't normally recommend using credit... overall bad idea. But since it's so cheap, and the future of that is pretty solid - I'd get at least a little now.
me to i want to more power on steemit for longer run for investment i know steemit eco system can reach 500 billion in 10 year
I hope you are right! :)
I'm looking forward to grow my little minnow to be fat and juicy :D
lets make steemit bigger then facebook atlist steemit belong to the community not the big corporate
Congrats buddy , i did the same today .
Congrats too! :D
When you say you have it all in steem do you mean all your money is in steem or just what you had in btc?
I bought the rest of my money I had on my bank account first to bitcoins, and after that I traded it all to steem, and converted most to steempower :) , so both yes :D
I did it in two turns, first 2 days ago, much to just test and see how it works, I thought it would be super hard to buy cryptocurrency but it was just a little bit hard, after that I read a lot about both steemit and bitcoins and other cryptos, and it made me want to invest in it for the long run, and here on steemit I get to use it also, that's why everything went in this one basket, I bet you can risk more when you don't have so much money to play with. If I would be rich, then I would play it much much more safe, I would spread it out in gold, stocks, house, and not all in cryptocurrency. :) and keep a little bit of fiat money too :(
Me too!
Way to go! :)
SteemPower for the futur :)
For me, I follow Steem and litecoin
I had no idea that bitcoin was so expensive to transfer, I will take a look on litecoin, what is the benefits for litecoin?
TY for follow @gamemusic can't wait to check out your mixes. Followed you back on steemit ♨
I too bought steem during crypto crash 81cents so already up 108% (double actually just started using 108 in lieu of 100 because well because of steemit (long story numerology thing from a crystal lady)
As for LTC I can share this Litecoin already implemented SegWit and working flawlessly to allow execution of their Lightning network, high speed transaction completion and verification by miners on their blockchain, the founder Charlie Lee recently left Coinbase to return to LTC full time to guide future which is seen very positive by crypto community especially in China & S Korea & Asia. Lastly there's a rumor that MIT is going to bring news regarding their lightning network project Aug 1, speculation of development to be used on LTC network. Whatever is announced, probably be a sell the news event in US, but future bright as Lightning!
Thanks a lot for your well written reply :), Sounds very promising!
And thanks for checking out my mixes too ^^
I will read more about lightcoin.
My pleasure, Best Wishes again!
Good post, I like your post @gamemusic
I love Steem and Litecoin too. But still I would not want to rely just on these two coins only.
There are some really promising projects and products out there which are definitly worth taking a look at.
I don't have much money, so it's not a big deal for me to put it all in one basket, hehe. Can I ask what other promising projects that is in the making?
In my opinion it's worth taking a closer look at:
and probably also IOTA. But i need to dig deeper into detail in that one..
Thanks a lot for the answer, I'm gonna check them out, all of them :)
SBD/SP has a lot of promise. I like how the rewards are set up. As far as other crypto's are concerned, I highly recommend you diversify right now. Get a coinbase and bittrex account. Buy the cheaper coins and tokens now before the banks heavily invest in the crypto systems. After that happens - it's TOO LATE. Hint.... buy Ripple first it's cheap; then Ant; monero; ETH... maybe litecoin. I've got a series going that will help you make some good choices based on mine and other's research.
Please see my post below.... scroll down to the part about cryptocurrencies for very definitive information.
esteem://bitcoin/@sporte77/market-prepper-1-don-t-drown-with-the-lemmings![image](https://steemitimages.com/640x0/esteem://bitcoin/@sporte77/market-prepper-1-don-t-drown-with-the-lemmings)
Thanks for the reply! @sporte77 , your link did not work, but I think I found it
https://steemit.com/bitcoin/@sporte77/market-prepper-1-don-t-drown-with-the-lemmings
that one right? :)
Only problem for me is that I don't really have any money to invest at the moment, but if and when I get more I will follow your advice :D
Before the banks does it ^^
Yep- that's the one. Even if you used your credit card for $50 worth of Ripple - your ahead of the game. But I don't normally recommend using credit... overall bad idea. But since it's so cheap, and the future of that is pretty solid - I'd get at least a little now.
I probably invest a little bit as soon I earn some more money and read some more ^^
I still hold mostly bitcoin and ether, but I did buy steem before I ever figured on joining Steemit. Buying it a while back was a good move.
Other way around for me, Steemit was the first step for me to even start buying cryptocurrency :D
I'm happy for you that you made a good move ^^ I got it for a little bit lower than it's on now, but just a little bit :)
Bitcoin was the cryptocurrency I bought, It didn't last long ^^