View Single Post
Old 10-19-2013, 05:55 PM  
JimmyTube
Registered User
 
Industry Role:
Join Date: Jul 2012
Posts: 1
Buying any cryptocoin right now is a BIG risk. Though, bitcoin sure has been on a tear lately. There are many altcoins that you could invest in... but those are even riskier. Everything in the cryptocoin world is risky right now.

Honestly, if I was going to spend some money, I would think about picking up some Litecoin. The prices are ultra-low right now. 9/10 the price of Litecoin will go back up. Once Litecoin hits Mt. Gox there will be a big boost. Not sure about the future of Litcoin in the long run.

Buying an ASICs is a waste of money. Buy the time it's delivered it's already outdated.

You can make quite a bit of money day trading altcoins. But that takes a lot of time and knowledge about which altcoins to invest in.
JimmyTube is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote