Hi all,
At last! I have begun my cryptocurrency investing journey!
Yesterday, I noticed that the litecoin price dropped significantly after a long rise.
Note: Prices will be in AUD as I am from Australia
I am only an amateur investor but I have some investing strategies which I would highly reccomend to other new investors who don't have an investment plan. I will go into more detail in another article.
The website I used to purchase cryptocurrency is https://www.coinbase.com/join/5a3313fa720a210147e025c1
When you spend over $100, you receive $10 free bitcoin as a way of them saying thankyou for using their services.
Coinbase Graph Showing Value of Litecoin Over 1 Week
I invested $35.00 AUD when the Litecoin value dropped down to about $350.00 AUD for one Litecoin.
At the time I wrote this, Litecoin jumped back up to $403.00 AUD for one Litecoin, bumping up my wallet value to $43.00, meaning I have made an $8.00 AUD profit from my first investment.