Author Topic: First time trader  (Read 3496 times)

Offline Marcell

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First time trader
« on: November 02, 2017, 01:52:31 pm »
Hi all,

First time crypto trader here. I've been checking out the massive booms in profits, but never dipped my toe in and want to start now. I've checked guides on how to get started but I'm confused and hope to get it cleared up here.

So I require a wallet right? I'm thinking of using Luno.
I then required an exchange? I'm thinking of Bittrex.

Is that pretty much it? I deposit the cash into Luno and then how do I trade it on Bittrex? Also, does Groestl offer an exchange for crypto to cash or how would I go about doing that?

Thanks!

Offline jackielove4u

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Re: First time trader
« Reply #1 on: November 02, 2017, 03:54:56 pm »
Where are you from?

Offline Marcell

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Re: First time trader
« Reply #2 on: November 02, 2017, 06:31:41 pm »
I am from South Africa so I'll be converting Rands to crypto

Offline jackielove4u

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Re: First time trader
« Reply #3 on: November 02, 2017, 10:28:28 pm »
I am from South Africa so I'll be converting Rands to crypto
Buy btc
Purchase grs from bittrex.

Offline Marcell

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Re: First time trader
« Reply #4 on: November 03, 2017, 12:31:20 pm »
I am from South Africa so I'll be converting Rands to crypto
Buy btc
Purchase grs from bittrex.

Alright, it is as simple as it sounds. Can I convert from GRS to USD/Rand or must I convert it back to btc first then cash out?

Offline jackielove4u

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Re: First time trader
« Reply #5 on: November 03, 2017, 02:09:51 pm »
I am from South Africa so I'll be converting Rands to crypto
Buy btc
Purchase grs from bittrex.

Alright, it is as simple as it sounds. Can I convert from GRS to USD/Rand or must I convert it back to btc first then cash out?

Convert back to btc first and cash out

Offline Marcell

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Re: First time trader
« Reply #6 on: November 07, 2017, 05:14:28 am »
I am from South Africa so I'll be converting Rands to crypto
Buy btc
Purchase grs from bittrex.

One more question, I have mined some GRS and placed it into the groestlcoin core wallet, how do I convert it from there to bitcoin in my Luno wallet? Through Bittrex I assume?

Offline jackielove4u

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Re: First time trader
« Reply #7 on: November 07, 2017, 09:48:03 am »
I am from South Africa so I'll be converting Rands to crypto
Buy btc
Purchase grs from bittrex.

One more question, I have mined some GRS and placed it into the groestlcoin core wallet, how do I convert it from there to bitcoin in my Luno wallet? Through Bittrex I assume?
Yes

 

anything