I don't know the first thing about cryptocurrency can anyone

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>>2979070

basically you get rich overnight investing in any random cryptocoin.

this is my new car bought with 1% of my earnings

>>2979070
You are late to party.

BEGINNER:
>Buy into the most stable and widely used coins (BTC and LTC)
>Trade those coins into other coins you feel will be a good investments
>Wait and watch the values
>Sell if you feel like the coins have reached an all-time high point or if it is an obvious coordinated pump, or if it is just beginning to crash hard
>Hold if the value is less than you paid for or
>Stay active and trading

Pay attention to this board, as we all will usually help each other out. A good example of this is SIGT which we have largely attached to and can only keep going up from here. People who spam their garbage coins are usually called out but sometimes we get fucked by a pump-and-dump scheme (like KIDS).

Simplest investing strategy as old as time: sell high, buy low

>>2979070
it's a great investment but you're not coming at a good time since everything is booming and you would buy high.
You'd rather wait for a crash and ride the next wave. And don't worry it's crypto : it's volatile as fuck so a crash is coming sooner or later. Check the charts every few days and come back in maybe one month when everything is blood red and the board is invaded by demented pink wojaks.

>>2979525
what's a good site for buying coins?

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>>2979642

>>2979642
Coinbase

>>2979679
lol no theres 3 options

Start a Coinbase account. Sign up for a usd account on it to move fiat faster. Buy btc (or ltc, it's pretty liquid too). Start a Bittrex account and Buy altcoins from Bittrex.

>>2979752
Yeah, buy your LTC with a CC/bank account, transfer it to Bittrex or Poloniex (or both), trade your LTC for BTC and start trading shitcoins. Makes it quicker and easier to sell back into fiat and prevent bigly losses.