RE: Today I bought my first Ethereum, tomorrow Litecoin....Is it good to diversify with Crypto?

You are viewing a single comment's thread from:

Today I bought my first Ethereum, tomorrow Litecoin....Is it good to diversify with Crypto?

in steemit •  8 years ago 

I'm all for diversification.

I've recommended to folks that get started on Coinbase - depending on whether it's available in their country - to either do 1/3 each, or 1/2 and 1/2 BTC and ETH.

Watch for a while, then move over to Poloniex, Bittrex, or Cryptopia and start trading. Don't be afraid of mucking it up a little - I sure did when I started.

There's also the automatic regular withdrawal option with Coinbase, where you just set it and forget it and do a little on a regular basis.

Go get 'em!

steemit
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2 votes
    2
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago 

    This is great information. I have a Bitcoin Wallet with a bunch of Bitcoin in it, but have not learned how to trade from my Bitcoin wallet with other platforms. It is all a bit confusing but gotta start somewhere, thanks for the help.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.04
    • Past Payouts $0.04
    • - Author $0.04
    • - Curators $0.01
    2 votes
    [-]
      ·  8 years ago 

    I would also recommend putting a small amount maybe 1/10 in other cryptos such as ripple or monero which could be rising up in popularity soon

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      2 votes