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Thread: Buying Altcoins/Bitcoins and investing in the stock market

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  1. #1
    Sprinkles are for winners dougdirt's Avatar
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    Jan 2006
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    Buying Altcoins/Bitcoins and investing in the stock market

    I'm kicking myself for not buying bitcoin over the summer when I really wanted to first go ahead and do it. It's up nearly 70% since then. Now, since I'm broke, I wouldn't have actually made that much money since I probably would have only been buying a few hundred dollars worth. Still, you've got to start somewhere. Today I bit the bullet and bought small amounts of bitcoin and ethereum. We will see what happens over the next few months in this market. Does anyone out there have any money into any altcoins?

    As for investing in the stock market - I've never done it either. But I plan to change that starting in January once I figure out my tax situation and how much I owe. Ideally, though, my plan is to put whatever "extra" money into the market each month that I can. I've got two stocks I like that, unless something changes, will probably be where I'll be investing. We're probably talking somewhere between $100-300 a month, so nothing big. There may even be months where it doesn't get anything put in. My best friend is probably the guy I'll go to for where to get everything started when the time comes, but do you have any places to avoid, or places you recommend for buying/selling?

    Complete newbie here, so I'm willing to listen to any advice you've got to offer.

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    Patrick Bateman (01-28-2018)


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