Do you invest? - Page 6

It's very interesting to read this topic. Since I never invested money. But I plan to do it in real estate

Invest in real estate is always good....

Anyone use Scotrade or TD Ameritrade? I here the fees are better for TD, but they don't have an option to sign up with EAD like Scotrade does.

I can't say I have, but have you thought of Robinhood as an option?

Also, crypto currencies are making quite the impact. Ethereum went up by $20 and BTC $100.

Made a killing last week with Ripple. Held 40k, bought around 6-15c, and sold at 40c/per.

The currency lock-up announcement I mentioned before had the desired effect. That and Japan and Korea getting into crypto, specifically Ripple.

I'm interested in trading crypto. How do you guys open an account? Which brokers do you use? Thanks!

This should be a different thread altogether. But briefly.

The safest and easiest means for someone new to the Crypto space is to open an account with Coinbase(.com), to start purchasing Bitcoin and Ethereum using USD. Coinbase is FDIC insured.

The largest exchange currently is Poloniex. I highly advice you not to use it however. Recommend Bittrex, or an insured one such as Bitstamp.

Now is actually a good point of entry, since BTC faced a massive correction/capital flight in the last two day (5.27.17). This has lowered the price of every other crypto-currency (since BTC is effectually the reserve currency of the crypto-sphere).

Ethereum is the cheapest it will ever be as well, I suspect.

With google trends reporting strong numbers, and Chinese exchanges getting in, I reckon you might be right.

How do you guys report the transactions to IRS on form 1040?

Reading this I went in on the Cryptocurrency game.. took 1k from my stock market investments and put it on this.. I did some research and currently I am using Coinbase.. there is an app for it, too easy.... I bought Litecoin and Ethereium. Hopefullyo it gives me profits.. I figured if i dip below $400 I will pull.. but honestly with everything I have been reading i doubt it will go down..