New to Reddcoin and Cryptocurrency

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Greetings folks,

I decided to take the leap into investment and made my first purchase of 72k Reddcoin over the past weekend. I am looking forward to learning more about cryptocurrency and even one day hopefully launch my own coin venture.

Reason for Investing in Cryptocurrency
I am a single male, no heavy financial restraints (small amount of manageable debt) and was interested in investing into the stock market. my studies and researched showed me that I lacked the proper amount of disposable income to see any type of real return on my initial investment. so then I decided to look into penny stocks and came across the same issue. listening to some coworkers discuss their ventures into Litecoin and Ethereum caused me to research cryptocurrency. long story short, I saw greater chance of profiting in this investment market than the others, so once I gained a solid basic (very basic lol) understanding of cryptocurrency, I decided to look into what coin’s would be good investments.

Reason for Investing in Reddcoin
Most attractive was the rise and growth of the coin in recent week’s and month. I seen this was doing very well in turns of percentages of growth/value increase. I then began to research the coin itself and what sold me was it’s focus upon being the “social currency”. now naturally I had to reason within my mind what would make Reddcoin more attractive than Bitcoin or Litecoin because both can be donated or given via social media platforms. but ultimately the ReddID is what made me feel this was the route to take.

after researching how to open an account on exchange sites and how to properly open a wallet, I registered with a site and began my investment adventure

Hopefully this pays off for me, but even if it doesn’t, I am learning more and more each day and I believe I’ll end up becoming stronger in my knowledge base and this will allow me to make good picks in the future ahead.

I look forward to picking your guys and gals brains on cryptocurrency investment as well as trying to help better Reddcoin if I have any good ideas.

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Welcome to the world of Reddcoin :slight_smile:

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Henry Thanks Henry

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Welcome to the Reddcoin community! You’ve happened onto a coin that has a really low price and has a hardworking team behind it. Reddcoin is a longterm hold. My best advice is to ignore all of the FUD (Fear/Uncertainty/Doubt) you’ll hear across the board. If you have any skills what so ever this group actually welcomes you to help out on the project. If you don’t want to get that involved just help spread the word. Again, welcome!

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Welcome to Reddcoin…
Good to see so many fresh faces

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reddjay said in New to Reddcoin and Cryptocurrency:

Welcome to the Reddcoin community! You’ve happened onto a coin that has a really low price and has a hardworking team behind it. Reddcoin is a longterm hold. My best advice is to ignore all of the FUD (Fear/Uncertainty/Doubt) you’ll hear across the board. If you have any skills what so ever this group actually welcomes you to help out on the project. If you don’t want to get that involved just help spread the word. Again, welcome!

Thank You!
and I know this coin will not pay off over night, but I have faith that this coin will become a permanent fixture in the cryptocurrency world and more specifically the social media realm. and lol, I learned quick to ignore the fear mongering. I’ve began to assume anyone who pushes fears of a coin may be doing so for personal gains on their own investments.

and currently I am a jr. IT professional, but as I increase my knowledge base in IT and skillset, I’ll definitely aid in the community and coin as much as possible.

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Gnasher said in New to Reddcoin and Cryptocurrency:

Welcome to Reddcoin…
Good to see so many fresh faces

Thank you for the warm welcome!