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Beginner Guide How to Choose an Altcoin to Invest In

Discussion in 'Beginner's Bootcamp' started by xyzzy, Aug 3, 2017.

  1. Eliza Abrams

    Eliza Abrams Expert

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    Good point, I agree.
     
  2. lareb mughal

    lareb mughal Contributor

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    bitcoin is best for trading
     
  3. pronnactre

    pronnactre Contributor

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    I see it pretty much as stock market. I know crypto community hates that comparison, but that's how I see it
     
  4. pronnactre

    pronnactre Contributor

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    Really helpful guide. My question is do I really need an altcoin? If so, why?
     
  5. Qendrim Krasniqi

    Qendrim Krasniqi Contributor

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  6. WalletInvestor

    WalletInvestor Contributor

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    It's not absolutely necessary but I think it's a good idea to not invest all your money into one cryptocurrency, but invest in several coins at the same time to make sure that if one of your investments goes wrong, you don't lose all your capital.
     
  7. KrisV

    KrisV Beginner

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    Just follow these simple tips to invest wisely:

    1. Keep an eye on the market
    2. Learn the basics of technical analysis
    3. Diversify
    4. Trade what you can lose



    Best,
    Andy
    Support Manager at TradeSanta
     
  8. Djenner8

    Djenner8 Beginner

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    Pi is a new cryptocurrency that is just getting started. If you missed out on the Bitcoin craze, this may be tjust the thing you are looking for. But you need an invite to start mining. You can use mine to get 1 free pi and get a headstart on everybody else. The invite is djenner8. But hurry because mining may halve or even fall to zero when they reach 10M engaged pi pioneers. Go there now and don't miss out on the next big crypto craze!! Look for the pi app on google play and insert djenner8 into the form when it asks for the invite. Together we can mine faster and time is of the essence!
     

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