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Posted By Discussion Topic: Cryptocurruncy question       - Views: 169 Change Timezone:
ash08 29-Nov 2017 Wednesday @ 6:36 PM (19 days ago)               #1
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Hi everyone...
I am interested to invest in cryptocurruncy
But I am totally new in this as in I dun even know how to get started...
Can anyone advise me on it?
How do I deposit $ and how do I take out the $ if I made a profit?
What website should I register myself into?


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seewin 30-Nov 2017 Thursday @ 6:58 PM (18 days ago)            #2
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Hi there,
I am also new to crypto, been eyeing bitcoin for more than a year and really regretted not getting it when it was valued at about us$1k.

As of today 30th Nov 2017, the price for Bitcoin (BTC) broke out and moved towards S$14k, and now at 7pm moved back to S$13,518.

OK, enough of that. Let me shared what I know of BTC. I shall skip all other alt coins (ETH, Bitcoin cash, dash, Nitro, etc.)

To start, you need a bitcoin wallet. I would recommend using Coinbase. This company was opened in Singapore initially, now moved to San Francisco. To sign-up and open an account is free, you will need an email and a mobile phone. Now this is the best part, use my referral link below:

https://www.coinbase.com/join/5a1e68f2c1b9fa0216fced5c

You will get USD $10 worth of bitcoin. Or approx. SGD$13 plus. But you will only get this reward, after you use the coinbase services to buy/sell min. S$134 (or USD$100) and above worth of cryptocurrency. Everytime you buy or sell crypto, there is a fee of few dollars. So i would suggest you plan your buying/selling and consolidate to save on the fee. BTW The fee is for the crypto miners to provide the hash/network for every transaction happening in the crypto world.

Alternatively, you can also use other trading plaforms such as CFD, IG trading, etoro, etc, the list goes on. I would strongly suggest NOT to engage in trading crypto now, as the price is very volatile and yet to consolidate.

If you are into mining crypto, well thats another story.
Let me know if you need any other advice.

This message was edited by seewin on 30-Nov-2017 @ 7:01 PM

This message was edited by seewin on 30-Nov-2017 @ 7:14 PM


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seewin 30-Nov 2017 Thursday @ 7:11 PM (18 days ago)            #3
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quote originally posted by ash08:

Hi everyone...
I am interested to invest in cryptocurruncy
But I am totally new in this as in I dun even know how to get started...
Can anyone advise me on it?
How do I deposit $ and how do I take out the $ if I made a profit?
What website should I register myself into?



Investing and trading are two very different methods of attempting to profit in the financial markets. The goal of investing is to gradually build wealth over an extended period of time through the buying and holding of a portfolio of stocks, baskets of stocks, mutual funds, bonds and other investment instruments.

Extract above from Google search.

You mentioned that you wanted to invest in crypto-currency. I would take that you plan to buy cryptocurrency and build up your wealth over a longer period of time. If so, I would suggest buying Bitcoin (BTC) and hold for min of 6 mths to a year. Potential upside in short term is at USD$15,000. This could realized in merely a few days, or within a month.

To trade crypto (against my suggestion) is to buy and sell on a more regular basis.

I posted this so that we are clear on where you stand.


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490k 05-Dec 2017 Tuesday @ 3:00 AM (14 days ago)            #4
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@ash08: If you intend to invest into Cryptocurrency you should try to understand the technology behind it before depositing any higher amounts. BTC is very volatile at this point. In fact, it's a great gamble. :)


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Huatzai89 07-Dec 2017 Thursday @ 1:38 PM (11 days ago)            #5
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IMO, to buy into cryptocurrency, is similar to buying into NOTHING. I believe it will be deemed illegal in many countries as cryptocurrencies are, simply put, not legal tender. 


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seewin 07-Dec 2017 Thursday @ 2:58 PM (11 days ago)            #6
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Today BTC price:
USD$15280 as of 10.30 pm, 7th Dec 2017.
SGD $21k or equivalent.
Not trying to brag here, but I did mentioned not too long ago, that the short term price is USD$15K.


This message was edited by seewin on 07-Dec-2017 @ 10:28 PM


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seewin 11-Dec 2017 Monday @ 11:25 PM (7 days ago)            #7
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Here is a FREE Ethereum jackpot game. If you have any crypto-currency wallet you can win free ETH and deposit your winnings into your wallet! FREE!

No need to sign-up or register, just go to the site and your get 30 spins, after that every 3 hours the spin refills:-

http://ethcombo.com/?i=58076


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seewin Saturday @ 11:33 PM (1 day ago)            #8
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Today Bitcoin price hit new high again : USD$18,590

Here is a betting site with sports, slots, and thousands of casino games:

https://www.coinbet24.com/refer/baaaaeoh

You can bet with fiat currency (cash) or with crypto. Enjoy!


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