RE: Legitcoin: something worth trying ! Free coins offered, almost "factor 60" gain ! 1.20$ now, 70$ by the end of March !
Yes that's the only strategy to have, not injecting too much of your own bank money as the crypto world may be overtaking the banks but still this is not for tomorrow so you gotta keep some "traditional money", not act silly like those people who whine on youtube because they lost all their life with Bitconnect's market closing :D
To sum up what I did until now, I may have analyzed a lot but I guess I acted wisely so far, I took a lot of time to know the 100% safe ways to store coins so after all I guess that time was not lost, I just couldn't forgive myself for not knowing enough about the technology to protect my coins. In this world technology mistakes can lead to many lost coins.
So then I only bought ETH, Bitcoin and Litecoin last year and I promised myself to never touch this amount and just keep it without doing anything. Now with Steem I found a way to generate some interesting SBD daily too. I feel I injected enough of my money into the crypto world for now so I prefer to find more creative ways to generate crypto. I don't want to feel too stressful everyday because I have too much invested. So I guess I'm sticking to that strategy, there must be some interesting sites where you can earn crypto too, I didn't find the best but I will make a post about it soon.
With the cryptos I earn then and some SBD I will trade with Nebulas and EOS, Electroneum, I feel those are the 3 altcoins you can trust blindly. I will develop the reasons for EOS and Electroneum in a post. EOS creator is basically the person who created Steemit as well, a visionary, and EOS technology is really powerful, scalable, and many other assets I don't manage to remember right now.
As for Dash, the thing that makes me hesitate is the fact it may have a big value but its volume traded is quite low, so I'm not sure about it on long-term, and you have to think an investment into a coin has to be decent or it can rapidly disappear if the coin falls a bit, so that's why I'm skeptical because you have to choose your coins well as you just can't afford to put something everywhere, even if it's Steem Dollars and not your own money. So that's why I'm more looking for the more profitable altcoins to be sure not to waste. Then it's easier said than done investing into Nebulas and EOS, Electroneum, I've noted down all the actions I have to do in order to do it, and of course there is about 10 things to do in order to reach those goals, and as I'm looking for the safest possibility (getting things on a paper or USB wallet), it's gonna take more time. But trust me I will make a post about paper wallets soon, that's really the best way I found to store coins for long-term purpose.
And paper wallets are something I have not ventured into yet... I know we should not keep our coins in exchanges, but this is what I still do. I guess I am moving my coins too much to store them for the long-term. I will get there though, I hope ;-)
And my strategy is different than yours, my portfolio is highly diversified and I usually trade on Kucoin and search for a new golden nuggets ;-)
Yes I get your strategy too, unfortunately I haven't yet had enough time to diversify it more, it requires time to find the right trading sites. Changelly and Bittrex are OK I believe. Paper wallets are really not that complicated. And I believe it doesn't require much efforts to take your coins out of it. The difference is you're 100% serene about your holdings, not worrying at all as you know you generated the hash offline and stored it somewhere on your USB key where only you can access, or wrote it on a piece of paper too. That's why it's called paper wallet, but it can also be stored inside a txt file (only 2 lines: your private key that you should hide because if someone gets this it's the end of your wallet; and your public key used to send coins).I will make a post about it. But if you don't wanna wait till then look at those sites https://walletgenerator.net https://bitcoinpaperwallet.com/ it's amazing as I've learned everything on them by myself,very educational, very fast learning and you create it.
https://github.com/ryepdx/ethaddress.org
Don't forget to always generate offline (download the html file ony your computer in private connection mode); I'm a tech addict and paranoid about these type of issues when someone accesses your computer but you're then 100% safe
By the way look at this video, it is for people letting their moeny on exchanges, the market right now is terrible so you have to follow their advice I believe to protect your coins from volatility
Yes, thank you, I know what you mean. I had my ETN in a paper wallet, so I am not completely in the dark about them, is just I do not like spending money on the transaction fees and my specific coins holdings are not yet big enough to deserve a special wallet.
Talking about Electroneum, there are some good developments, will paste today's telegram message to my ETN post, I think you should read it.
As to the trading sites, my favorite ones are Binance and Kucoin and I think the new Kobinhood (with zero trading fees) will soon join them. Bittrex is OK too and as to Changelly, this is not your regular trading platform, it is useful when you need a quick coin exchange, but you do not trade there, just exchange.
Yes, everything is time consuming, there are so many new things today in the crypto world, one can never learn all...