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RE: Taking Money Off The Table But Keeping It In Crypto
Much appreciated @krisy! The best learning comes from doing, so i always recommend people dive right into the markets with a little to play around and get to know things first hand.
when you first started, did you just buy and sell currencies ? or did you try mining first?
i just started buying and don't have much experience with mining. my perspective has been that unless you have a competitive advantage in electricity cost, it's more efficient to buy from miners (or from markets where they dump their coins).
I understand, especially for someone like me that lives in an apartment.
But what about mining script? doesn't that alleviate those costs?
do you have any recommendations of where to buy , so far I've only really seen Poloniex
i also recommend Bittrex for some decent alt coin liquidity and access to some less traded coins, like ZCL. If you want to make larger BTC purchases to get from USD to crypto, i recommend Coinbase. Once you have crypto you can trade on Poloniex, Bittrex, or similar ...but if you're looking for simple trades without an exchange i highly recommend checking out @blocktrades and their counterpart, Shapeshift.io.