Cryto Currency

[Jellybean]

Looking at buying some

I think all I have to do is

Setup a Wallet -- I chose to use JAXX as it is on my mobile

https://coinsutra.com/best-etherum-wallets/

Buy Ethereum/Bitcoin

https://www.coinbase.com/join/5a0f0ae1b93cc4023442e38c


Anybody know the ins/outs , how do you sell on for a Flat currency (GBP, EUR ..)

[Marty]

Looking at buying some

I think all I have to do is

Setup a Wallet -- I chose to use JAXX as it is on my mobile

https://coinsutra.com/best-etherum-wallets/

Buy Ethereum/Bitcoin

https://www.coinbase.com/join/5a0f0ae1b93cc4023442e38c


Anybody know the ins/outs , how do you sell on for a Flat currency (GBP, EUR ..)

Is that a referral link for coinbase!? sneaky .

I've been buying and selling for quite a while now. Btc at an all time high this week dude, may be worth waiting for it to consolidate some before buying in, it will.
Sack off buying your bitcoin direct through coinbase - fees are extortionate.
Instead bank transfer the money over to your coinbase account then use gdax.com - gdax is coinbase's exchange, the fees are a lot less.
With it being an exchange you can buy and sell your btc/eth/ltc as you choose, for euros / gdp.

Once you get your head around all that then i'd recommend looking in to bittrex - another exhange where you can buy AltCoins. Theres also bitfinex if you are brave enough to do some margin trading, thats where the big money is made (and lost)

If you plan on buying and HODLing and are putting a good amount in then get a hardware wallet - ledger. If you are going to be doing frequent trading just keep them on the exchange, otherwise theres myetherwallet for eth based coins.

Main advice, don't go FOMO on anything!! in crypto there is always another opportunity.

PM me if you need more info pal.

[Jellybean]

Thanks

But I think gdax you need a UK address

[Wez]

Blockfolio is a great app for tracking all your cryptos and keeping up to date on price, can even set notifications and can select which company you trade with.



https://www.blockfolio.com/

[Jellybean]

Any alternative than Coinbase, trying to verify the ID; they keep saying they cannot read it, not to sure why you cannot upload the ID

Using a Webcam to take a picture of the ID is stupid ,

[Marty]

There's a UK based one called bittylicious but the prices are inflated. Coinbase is the simplest, I used the phone way to verify by IDs, worked fine.
You can use Gdax if you're not based in UK - it's an American exchange.
Your coinbase login should work there I think, I don't use it personally.
+1 for blockfolio.

Crypto is very very volatile, don't be disheartened to see your BTC/Eth/LTC lose money initially. I was annoyed when my BTC went from £1.8k to £1.2k, 6months on after many ups and downs it's worth £6k

[Jellybean]

Thanks , just used etoro ; a lot easier as you can upload images

Will look at eth and bitcoin rates over the next few days , need to wait a bit before I am verified

[Marty]

I wouldn't bother with eToro, its CFD so you don't physically own the 'tokens', stick with coinbase/Gdax.
BTC is due a dip so the wait will probably save you some £.

[Ric]

Sign up with coinbase.

If you use the app on your phone you can take a picture there, or upload from photo album.

If you do sign up, use this https://www.coinbase.com/join/592a9d4593138004032c7bd0 we both get 7-8£ of BTC when you make your first purchase.

Coinbase IS GDAX so you once you've set up coinbase you can use GDAX and buy eth/btc/ltc with no fee's which is much better than paying coinbases extortionate fee.

For wallets i use Exodus on my mac which is brilliant, i also have a Ledger Nano S for cold storage.

[Wez]

For wallets i use Exodus on my mac which is brilliant, i also have a Ledger Nano S for cold storage.

Does that support the recent forks so you get equal amount as you have BTC at time of fork?

I am still using an old version of Multibit so need to migrate to a newer wallet to claim my forked cryptos, not got round to it yet.

[el_bandido]

If you do set up an Ethereum wallet, make sure it's an ERC20 token compatible one. I've got far too much money diversified into Nem, chainlink (LINK), confido and a few others. I'm waiting to hear whether I've made the Bloom ICO whitelist too, I think that's another one that will be trading at 20 times the ICO price within a day. Confido has made me incredibly rich this month.

[Ric]

Does that support the recent forks so you get equal amount as you have BTC at time of fork?

I am still using an old version of Multibit so need to migrate to a newer wallet to claim my forked cryptos, not got round to it yet.

Yep it does. As long as it was in there at the time of the fork. They dont support everything, but adding more every few weeks.

[Wez]

Yep it does. As long as it was in there at the time of the fork. They dont support everything, but adding more every few weeks.

From what I have read I have to export some keys and import them into a compatible wallet, well something along those lines

[Sheefa]

Please don’t tip people off ! Only joking we need the masses to pile in

I started investing back in January and have a total of 76 crypto currencies the best being BTC, Neo, PowerLedger, Ether, Vtc, and OMG. I have made in excess of £13k profit in that time and have withdrawn £9500 of it.

I trade on Bittrex, Kraken and Coinbase and now have a portfolio of over £29k. This will be my long term mortgage clearance strategy. The Supra will be going in the new year for further investment.

Greg

[Sheefa]

Use cryptocompare to track all coins, much better and easier to log sold and realised P gains.

Coin gecko is best for tracking individual coin performance at a quick glance.