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Litecoin is extremely undervalued. Ethereum has an incredibly bright future, Monero is an incredible tool for privacy. Check out bitfinex.com and start trading
by tradersam 9y ago
Litecoin is extremely undervalued. Ethereum has an incredibly bright future, Monero is an incredible tool for privacy.
Check out bitfinex.com and start trading pairs there. They have a description under every currency that should help.
- panarky 9y agoIt wasn't long ago that crypto prices on Bitfinex were quite a lot higher than other exchanges because you couldn't withdraw national currencies [0]. Are their banking issues all resolved now? Also, if you're domiciled in the US, Bitfinex won't even do business with you [1]. For US customers who what to be legal, Gemini seems pretty solid and verifies new accounts quickly, though they only support Bitcoin and Ethereum [2]. [0] https://www.coindesk.com/spreads-widen-bitcoin-exchanges-amid-bitfinex-banking-issues/ https://www.coindesk.com/spreads-widen-bitcoin-exchanges-ami... [1] https://www.bitfinex.com/posts/216 https://www.bitfinex.com/posts/216 [2] https://gemini.com/ https://gemini.com/
- tradersam 9y agoI know this, but you can still use Bitfinex by depositing crypto and using a VPN. Not really "illegal". Gemini is great, but they are slow to verify and as you stated very limited on your trading pairs.
- acchow 9y ago> Litecoin is extremely undervalued. How did you decide this?
- tradersam 9y agoIt is faster that Bitcoin (~2.5min avg block time vs ~10min), has a vibrant community, and still very secure. Easier entry price, and you can spend $5 without a $3 fee, or any fee at all. It also already has SegWit and has for months.
- Cthulhu_ 9y ago"Easier entry price" is a non-argument, it's always been known Bitcoin would become expensive and trading in single BTC would not be viable; that's why BTC and other cryptocurrencies are expressed in floating point numbers / Satoshis. You can buy 1 Litecoin or 0.01 Bitcoin (example), doesn't matter that much other than having a full number. But the investment price is the same.
- acchow 9y agoHopefully transaction fees will start to go down once off-chain transactions start becoming a thing.