Is this a good start? My first step into crypto

VisualMaster
VisualMaster

Is this a good start? My first step into crypto. Was thinking if things start to look promising move shit to a real wallet and use a real exchange.

Any other tips for beginners?

Deadlyinx
Deadlyinx

That looks fine. Your portfolio should be 70% "Main" coins like the coins off Coinbase the rest should be divided into alt coins. Try Poloniex or Bitrex.

By the way the best time is to buy now, when theres a slump. And please for the love of god DONT HAVE WEAK HANDS.

New_Cliche
New_Cliche

Hey, user. Looks good. All three of these are great coins. Look into the new Shapeshift ETH backed portfolio options to diversify further.
Agree here. But it should be noted that crypto should not be your only investments. Stocks, NRAs, and (yes) even gold and silver though I wouldn't put more than 5% of your TOTAL portfolio in metals.

hairygrape
hairygrape

I'd like to note something that often goes overlooked here on Veeky Forums too. Notice here how OP has 3 LTC and very little BTC. Why? BTC is objectively better especially now after the dip. I think there is something in the human psyche that wants to own a COMPLETE coin. There is something subconsciously satisfying about owning a whole amount even though these are all divisible up to 8 places. This factors into me holding LTC long term.

Evilember
Evilember

First time coiner here too, my portfolio is similar at the moment, going hard into the LTC and ETH, so I'll be following this thread.

Anyone have non-memecoin suggestions of alt coins to pick-up on Polo?

TalkBomber
TalkBomber

You just got me to buy some litecoin think now's a good time? I just used it to buy something and it confirmed in minutes.

Nude_Bikergirl
Nude_Bikergirl

Trust me, these hands aren't weak, I'm in it for the long haul I want to retire early. What sucks is I only have some spare change laying around for these initial buys. I'm starting full time in a week and won't get my sign on bonus/first paycheck till the end of June. Hopefully stuff stays relatively low.
Don't worry, I'm planning on matching my companies 401k as well as some minor stuff on Robin hood. Once I've got a decent emergency fund saved up I'll start spreading even more.
I actually didn't buy any bitcoin, 10 dollars worth was sent to me by coinbase, apparently I accepted someone's invite? Idk I just downloaded the app and signed up so who knows. Also youre completely right about the whole coin thing, it feels nice. I mostly just wanted to test the waters with a cheaper one, see how easy it is to buy/sell/transfer in and out of coinbase before I dump any more money in.

MPmaster
MPmaster

With as slow as BTC is right now, yeah. It's unclear what will happen to LTC in the future because, while it and ETH are being added to Bitstamp next month and LTC kills BTC in speed right now, once BTC gets sorted out, will people still use LTC? I don't know the answer. But with all this speculation and new money entering the cryptoverse, I think it will, at the bare minimum, be used as a speculation tool. I think Newegg was looking into taking LTC as payment too which would be huge. And one of the main devs for LTC works at Coinbase too so that's great.

I think sub $40 is a good price for LTC right now and I'm holding 50. Looking to move towards 100. I wish I would have done that with ETH early on and now I'm stuck with 250 instead of 500.

massdebater
massdebater

tfw was new to crypto and tried to buy $500 worth of ETH at $13
cvn error on Coinbase

I took that as a sign and I've learned to not trust my gut.

idontknow
idontknow

This may be a stupid question, but my Coinbase app doesn't have LTC, but OP's does. Why?

Carnalpleasure
Carnalpleasure

Have you updated recently? It was added like 2 weeks ago.

Emberfire
Emberfire

asking advice from a board of shills who are only out to pump and dump other peoples money

StonedTime
StonedTime

siacoin it's got some really strong tech. don't take my word for it though check out their website and roadmap.

eGremlin
eGremlin

Just updated thanks user

Fried_Sushi
Fried_Sushi

This too. Grab a dedicated crypto Twitter and follow developers, bitcoin/crypto news sites, maybe some traders like CryptoYoda, etc. Much better.

Sir_Gallonhead
Sir_Gallonhead

Would be much obliged if you post a screenshot or post some handles of who you're following on your twitter.

takes2long
takes2long

Thank's for the tip, I'll definitely read into SC

I second this

takes2long
takes2long

Is there a 24 hour waiting period when you first make your Coinbase account or something? I signed up and when I went to enter my CC info it's telling me
You've exceeded your attempts for today, please wait 24 hours and come back
I haven't even done one attempt so I'm not sure what's up.

Sharpcharm
Sharpcharm

You are about to make money off that LTC friend :)

MPmaster
MPmaster

NRAs
I'm a life member, do I need to move up to benefactor?? I'd hate to not have enough in my old age.

Sir_Gallonhead
Sir_Gallonhead

New coiner here as well. What platform/wallet do you use to buy and sell you coins?

idontknow
idontknow

Don't panic on dumps and be aware of coins with only PnD profit with no long term value. Sure play with it but go back to btc eth when it's time

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