You are viewing a single comment's thread from:

RE: LeoPedia: Is it Too Late to Buy Bitcoin?

in LeoFinance4 years ago (edited)

Very sensible advice here, and I must say thanks for actually giving concrete advice, one thing I cannot stand are technical analysis posts that end up saying X could do go up or down thus I advise doing nothing because 'this isn't financial advice'.

Kraken is a real godsend for me for buying in gradually - very easy for me to transfer Euros for no fee! I tend to just send over 50-100 Euros every now and then, which I hardly notice, so happy days.

Also, when you can stake BTC/ LTC etc. for a 5% return on various projects, it's like the fiat interest rates of old, rather than the dismal 1% or less ATM!

If BTC is good for transfers, what dyou think of LTC? The fees are just so much lower - it cost me $13 to transfer a few grand of BTC over to a different wallet the other day, not best chuffed with that rate I must say (had a security concern so I had to do it).

But LTC, I've been holding onto that alongside LTC precisely because I think it's a better transfer coin because of the much lower fees - that hasn't worked out so well in the last months, something like a 15% relative loss compared to BTC.

Overall I agree, it's probably still a good time to keep snaffling up a bit more BTC.

Posted Using LeoFinance