Starting in Crypto

Easton Sullivan
Easton Sullivan

Hey anons, I don't come here much but I plan to make this place my regular board. As such, I have a small question that I'm hoping produces some good answers.

I'm planning on investing in cryptocurrency, but which should I invest in? I've been told not to invest in Bitcoin because it's climb and fall potential isn't very marginal, but I don't want to get some shitstain hipstercrypto and have 100k coins in my wallet that translate to about $5. Where do I go Jow Forums?

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bestbitcoinexchange.net/aud/

Samuel Ortiz
Samuel Ortiz

Bitconnect

Jackson Evans
Jackson Evans

Unironically just buy BTC and ETH until you get a better grasp of this space. Everything else in the top 20 is a scam. 90% of the top 100 are scams.

Anthony Perry
Anthony Perry

There's two types here fren. Those who believe in crypto and guys like me that just use it to make fiat that really pays for shit. My advice, get on Idex and stack wash rinse and repeat.

Charles Hall
Charles Hall

I'll give you a list of what in my opinion aren't confirmed scams in the top 100, I don't even own all of these-
BTC
ETH
XMR
XTZ
ZIL
HOT (definitely potential vaporware scam, I'm on the fence)
MKR
DCR

Camden Clark
Camden Clark

Take ZIL and HOT out the list.

Ryan Wilson
Ryan Wilson

BTC, ETH and LTC. LINK is the best performing project since last year so maybe invest in that if you want. I would ignore everything else and accumulate those 4 while prioritising BTC and ETH.

Xavier Thomas
Xavier Thomas

That was only 8, to fill in the other two I'd say REP and LINK are decent coins too, I guess

Henry Ortiz
Henry Ortiz

ZIL still has time to prove itself, I want to retain at least some faith in Asia.

Ayden Murphy
Ayden Murphy

these are decent but not ZIL.
hot is also bretty sketch

Elijah Garcia
Elijah Garcia

To be honest I don't even care if HOT turns out to be a scam, if it is it's a very well-crafted scam and is going to do very well in the next alt season.

Anthony Morgan
Anthony Morgan

This has all been very helpful and I very much appreciate the lack of "fuck off newfag"in this thread lmao.

Now for another dumb question - which is the best market? Website-wise, I mean, because a friend told me to go with KuCoin but I've been told that they're a little sketchy by others.

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Ayden Martinez
Ayden Martinez

not one mention of BAT
the crypto that will onboard the normies

Ryan Evans
Ryan Evans

Depends where you are located, you want an exchange with fiat gateways. I use Cuckbase for that. Also it's probably best to learn how to securely store cryptocurrency on a Hardware wallet before putting significant funds into it.

Austin Martin
Austin Martin

Kucoin is sketchy and you don't want to keep funds on there for longer than you need to. If you decide to go after esoteric shitcoins you may need to use sketchy chink exchanges but definitely don't keep your coins there.

Adam Young
Adam Young

Fantastic, I'll make it a priority to teach myself about secure storage. So I imagine just searching up in Google 'Best Cryptoexchanges in Australia' would do the trick in that regard?

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Chase Stewart
Chase Stewart

bestbitcoinexchange.net/aud/

You need exchanges with AUD pairings. I don't know any of these exchanges except Coinbase. Might be best to stick with them for now.

Daniel Powell
Daniel Powell

Terrific, thank you very much fren. Might go with Coinbase simply because it seems like a pretty stable platform. Not a big fan of the privacy invasion thing but hey, spy's gonna spy idgaf. I don't care if they know how poor I am lmao.

Thank you again. o/

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Jordan Thomas
Jordan Thomas

Np desu. Best of luck and be wary of scams.

Adam Evans
Adam Evans

BTC
ETH
XMR
bunch of shit
You were so close

Mason Lewis
Mason Lewis

Hence why I told OP to just stick with BTC and ETH. I'm not here to shill shitcoins to newfags. Those are also better than literally anything else in the top 100, which are actual scams.

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