Beginner to crypto -

[fluoridestare]

Outside of making a couple hundred bucks on BTC a few years back, I'm a beginner to crypto. I'm looking to start investing and was wondering which cryptos I should invest in for long-term gains.

Particularly interested in newer coins with potential for growth.

 

[Rand /pol/]

Invest in a long piece of rope for thinking Canada tire money is a good investment.

 

[Exorbital Columnations]

Invest in a long piece of rope for thinking Canada tire money is a good investment.

It's 'Canadian Tire' you normie REEEEEEEEE. Also OP send me your bank account info and I'll set that up for you

 

[Terminus Est]

 

[NOT Sword Fighter Super]

Invest in a long piece of rope for thinking Canada tire money is a good investment.

I only invest in maple.

 

[AF 802]

don't

But if you want to mine without fucking up your GPU in 10 seconds, mine a CryptoNote-based currency, it mines on CPU easier. Monero is a good one, I've been mining on MoneroOcean since it has a smaller payment threshold than other large pools.

 

[Kamiii]

You should've done it 7 years ago, now it's not worth it.

 

[Mr. Bowel Cancer]

Just. Don't. Do. It.

 

[Thought precriminal]

Particularly interested in newer coins with potential for growth.

Shawny was shilling the Bittorrent coin (BTT) recently. It's relatively new (February 2019). I don't exactly know what its purpose is, but I can see why people might think that an official torrenting cryptocurrency might get very, very big.
You can get some on Binance.
You can also get the Brave Attention Token (BAT) on Binance, and I think it might be worth buying some, as the price has been fluctuating recently but staying rather low, whereas most other cryptos have increased over the past month.
Also, maybe consider some Chainlink (LINK) once it comes down from this latest rally. Also on Binance.

BTT is probably quite risky as there's a chance it will die and lose all value.
BAT is less risky, but I'm unsure how much its price will be dictated by the growing adoption of Brave.
LINK will moon and be worth $10 EOY.

 

[moonman1488]

Outside of making a couple hundred bucks on BTC a few years back, I'm a beginner to crypto. I'm looking to start investing and was wondering which cryptos I should invest in for long-term gains.

Particularly interested in newer coins with potential for growth.

Are you interested in buying illegal drugs and child porn?

If not, don't get into crypto now.

 

[Terrorist]

Be a millionaire with trust fund money to burn. Make sure you're not actually risking anything on this shit bc if so lol @ U.

 

[CrunkLord420]

Bitcoin is bad and you shouldn't buy it.

 

[gobbogobb]

Get a coinbase account

Do their "learn and earn" quizzes if you can.

Give null the crypto.

Don't buy it unless you're already super diversified and want something risker than toxic bonds.

 

[BattleShipRick]

Bitcoin is bad and you shouldn't buy it.

This is true. Im up 30%, but so is my stress.

 

[Particle Bored]

Newer coins are going to be harder to pin down since without a history it would be purely speculative, moreso than crypto can be in general. I'd stick to the top 10-20 in market cap. At this point, it seems a lot of them have enough history that you can actually look into their use cases or partnerships or development progress. Over 90% of my funds are top 20, about 75% of that is top 10. Crypto YTr I like (CryptosRUs) advocates a 50/25/25 policy: 50% BTC, 25% high caps (market cap of $1bil+, top 17) 25% other.

That being said... I don't watch DBZ and I've never used this meme, but it is apropos for the moment:

Spoiler

ETA: lol or not apropos:

Spoiler

 

[Angry Shoes]

I've heard good things about this thing called Bitconnect.

 

[TheRedChair]

As a person who made his fortune in long terms investments I'll politely say this.
"A fool and his money are soon parted" if you invest into bitcoin right now

If you have some money and you really want to play it terrible safe. Place your money into a CD for 9 to 12 months. at a rate of 2.3% or higher. As of this posting several (online) banks are in the 2.7%+ range on a 12 month CD. It's FDIC insured and you will be making money off of your money. You will feel so happy getting something in return after 9 to 12 months... instead of worrying day by day when you are going pull out or stay and probably get your ass handed to you in losses.

 

[CrunkLord420]

I'd rather kill myself than take 2.7% interest on a year long term. That's literally like less than a week's two weeks worth of funding on the inverse perpetual swaps (assuming no leverage).

 

[Dreamland]

Question, which crypto is actually most practical as payment medium? i heard good things about XRP (after you pay the ~10 dollar wallet registration shekels) and it's cheap and quick processing.

 

[Particle Bored]

Question, which crypto is actually most practical as payment medium? i heard good things about XRP (after you pay the ~10 dollar wallet registration shekels) and it's cheap and quick processing.

Bitcoin itself is probably the most widespread. Litecoin seems popular as well, with faster transactions and lower fees than vanilla BTC.