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Message Subject Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Poster Handle The Rickest Rick Sanchez
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Alright guys, I'm looking at taking the plunge into bitcoin or some other coin.

I have a few questions,

1. What are some of the coin purchasing platforms you would recommend

2. What does the short term future for bitcoin look like (should I jump in now or wait a sec for a dip to occur)?

3.What other coins should I be considering? LTC,ETH,XRP,ect...



Is it still viable to mine for some type of coin? Back in the early days of coin I'd mine bitcoin with an old I7 and make a decent profit but I doubt it's the same anymore.

Thanks
 Quoting: Anonymous Coward 76815515


I liked some info too please
 Quoting: Anonymous Coward 78221743



Dollar cost averaging is the simplest strategy.

Just buy a little bit every weekend. Sometimes its up, sometimes its down. But over time the trend is up, so you will gradually accumulate.

BTC, LTC, ETH, DASH are 4 solid long term coins.

Mining is generally not worth the time and effort unless you are dedicated and can afford the up front investment. Trading is a lot easier.

Study trading and how to read charts and do some theoretical trades to practice a lot before trying to day trade or swing trade.

Watch this guy on YT. He does live chart analysis every day and is very good at it and teaches you a lot over time for free. Subscribe to alerts to keep up with the latest.

 
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