RE: Beginner investing in Cryptocurrencies. I wrote this for my mom, sharing it with Steemit....
Yes investing is risky. Don't spend the rent money. I am in bitconnect, control finance and usi tech. I was giving an over view of what I do. And how I recommend someone should start. Diversification is the key. I like ICO'S and done very well. But ICOs are Risky and complicated if you live in the USA as I do. People have to do their research in due diligence. As far as controle finance being a scam. It's possible, but if it's not and u can afford to lose $100. Go for it. If it works you make over 200k in two years. I play the lotto, same thing. You can't win on the roulette table if you don't lay your chips on the table. Thank you for reading my post. You make a lot of good points. I hope people read it and realize that there are pitfalls investing in this, not just getting rich quick!
Capiche. Thanks for the time in replying. Just want to say on the Control Finance part that you may see $100 as your recommendation (noted as lottery ticket), but others might buy into the hype emotionally and swing for the fences for the promise of high returns. We know the risks, but others new to the space might not. For your own sake on any further investments there, please do some digging on recent CF news.
Kudos to you for yours success on the ICOs. I generally stay away from ICOs but would love any recommendations on upcoming ones if you had any you vetted out. I'm too attached to my ETH, but maybe I can have a few clawed away for the right one.
Here's a link someone shared on Steemit recently with ICO alerts: https://twitter.com/ubiqannbot
Best of luck with your investments.
ICO's are too risky for me to give any advice on. Alcone just wrapped their Ico, that was the last one I got into. Only advice I can give is what everyone else gives. Dig into the white paper, see who the people behind the offering have done in the past. How much experience does the team have and do you believe in what they are trying to creat. Do you want to see it come to fruition. If you do then mabye take 200 bucks worth and hope for the best. 3 months ago I did that with BQX and came out doing very well. Swing for the fences, but dont spend the rent money or the kiddy collage fund.