What is your best advice to someone just getting into to cryptocurrency with a very small sum of money?

in #cryptocurrency7 years ago

In the current state of crypto what is your best advice to a newcomer with a very small sum to invest and how one should go about this. My main concern is whether I should simple buy and hold bitcoin or try and get some obscure alt coin before it blows up (this makes sense to me as the percentage i would make on bitcoin is very low as i wouldn't even buy 0.1). Thanks for your time love steemit so far!

Sort:  

You're looking at it. Steem is better than mining st home, it pays, anyone can do it. To get up and running faster, buy some bitcoin or ether an pump up the power.

siacoin, digibyte, maybe burst

Congratulations @isquid! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

when stuck with two choices I say do both. or build up an alt coin here and exchange it for Bitcoin at every possible turn.

Congratulations @isquid! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @isquid! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @isquid! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!