RE: top 5 currencies to invest in and why? also what might south koreas ban do to the whole crypto currency field?
I am here to help! To exchange your litecoin, go to an exchange such as Changelly . Though, sadly Changelly does not have Stellar Lumens listed. I am not going to give you a top five cryptocurrencies, but here are some interesting coins that you should look into:
- Golem, the world's biggest supercomputer, on a blockchain.
- Basic Attention Token, the future of advertising
- Bitcoin is also a good investment even though it is the oldest crypto
- Check out my post on KIN, which is a cryptocurrency based around social media that will surely be massive in the future
- IOTA which is a cryptocurrency that runs on the Tangle, a more advanced version of the blockchain. Here is an article I wrote about a problem that IOTA has.
Also, the supposed South Korea ban on cryptocurrencies is never going to happen. 200,000 Koreans signed a petition not to ban exchanges. The only thing that will happen is some regulations on their exchanges, which will not affect trading. Much of the market was afraid recently, but it is all OK now.
Also I have to say that especially since it seems like you are new to crypto (though this applies to everyone), you should invest big and still win big as your investment grows to be MASSIVE. So I wouldn't go messing around with the really small coins, but would stick to the medium to large sized ones, because many will grow to be massive. Here is a post about exactly what XRP and Ripple are, and some of their weaknesses, because they are often misunderstood and overhyped.
If you have any more questions, feel free to comment on one of my posts and ask me, or reply to my comment. I've seen some of your other posts and I am definitely following you!
definitely will check the article out. i didnt know xrp and ripple were different. i will follow u since u seem to have a better understanding of the crypto stuff.
since changelly doesnt list stellar how could i go about and getting some? the bitcoin exchange fees are high
Well, probably the best exchange for exchanging smaller coins is Binance. You can send it your litecoin, then exchange that for either Bitcoin or Ethereum, then exchange that for Stellar Lumens. I’m not sure what the exchange fees are, but as long as you’re investing a fairly large amount (say >$200) then the fees will be negligible. I’m always ready to help! Just comment on one of my posts, and I’ll try to help you out.
Oh, and one other thing. Here is a good post I just found on some cryptocurrency terminology that may be unfamiliar to you here.
Now, in fact, Stellar is on Changelly!
awesome , you are the best!
Thanks. You can read my daily posts to hear about recent news and about other cryptocurrencies. :D