Does Anyone Have Experience With Crypto Coins?
By Gitara
@Gita17112016 (3611)
Trinidad And Tobago
May 3, 2018 12:17pm CST
A few weeks ago I bought my first 18 crypto coins.
Before that I never heard of crypto currency, crypto coins, block chain or virtual money.
I had heard about Bitcoin which I think, when I understand, is an ‘investment’ people make. That is to say, they had the extra money and decided to buy Bitcoin and then wait for the value to keep increasing.
The coins I bought is Empowr coins from anywhere between S1.50 – S2.50. It was the silliest thing. I open an ethereal wallet, bought ether from Coinmama and went on the exchange on Token store. I was watching a live broadcast and when they say to place an order to buy I did so hoping to win bonus. I think I won bonus but not sure. In fact, I have no idea what I did. LOL. Frustrating at first, then funny like hell.
After that initial broadcast I have 18 ecoins and haven’t the foggiest what to do with it.
Sell? I haven’t the foggiest idea how.
I think the ecoin value is presently .62 cents.
When I first went on the exchange, I was told to place a fixed bid for 1,000,000.00 coins at .01 ether. I think that translated means ‘1 million coins at .1 cents’. Ha Ha, how the mighty have fallen. Never got that bid filled out. The bidding started at $1.00 for 1 coin. Go figures.
I know when you are my age you shouldn’t do stupid things, but I am trying to fit in with modern technology. It is hard to live in a developing technological world.
Has anyone been successful with buying or selling any kind of crypto coins?
Are crypto coins even practical?
Will crypto coins replace real money one day?
Credited: Picture taken from the free internet, public domain.
8 people like this
9 responses
@louievill (28851)
• Philippines
3 May 18
I have been studying and researching about cryptocurrency for almost 3 years now and have a very modest number of coins hodled as investment.
If you ask me personally I would stay away from that site, I don't think it's a true crypto currency in the truest sense but an investing site that is riding on the popularity of digital currency to dupe people into joining and parting with their money.( just my opinion but based on researching) If this is the same empwr that spammed peoples emails before then posibilities are it's a scam, we have several topics here at Mylot about that site, just type empwr and search topics.
There's a lot of red flags, also search if they are listed in sites like coin market capitalization. I found an article for you that closely mirror my opinion and I want to share it with you, hope it would help you decide if you want to go on.
Empower Coin, or Ecoinplus, is a bitcoin-based investment service that promises to double your investment in 50 to 90 days. Here’s our review. What Is Empower Coin? EmpowerCoin.com is the online ho…
2 people like this
@louievill (28851)
• Philippines
5 May 18
@Gita17112016 if I were you I would not put my money on something that is unproven. I would rather buy proven crypto currency like bitcoin, litecoin, ripple, dash, doge, ethereum and wait for it to go up
So just for the sake of argument, you have very little money to invest, there are tons of other altcoins that has an active community and larger market capital that could be had for less.
Is the coin listed in a site like coinmarket cap? Did you read the white paper and what problems does the token try to solve? In what exchanges are they available in?
A few months ago a coin called bitconnect could be exchanged only on their site for bitcoins, I warned a lot of my friends not to join cause their were a lot of red flags, those who did not listen got burned. 
I think at the end of the day, it's still up to us to decide cause it's our hard earned money.
I think at the end of the day, it's still up to us to decide cause it's our hard earned money.1 person likes this
@louievill (28851)
• Philippines
5 May 18
@Gita17112016 another thing is check if your coin of choice is listed here, you can also choose coins that you want to invest in based on price or go to there website to do further research
Cryptocurrency market cap rankings, charts, and more
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
4 May 18
Thank you for the largest contribution so far!
I watch your video and thanks for the heads up. BUT EMPOWER COIN (ECOINPLUS) is not EMPOWR COINS. (spell e-m-p-o-w-r). There is no offer to double your investment. And there are no investment brokers ...only the Exchange (which there are so many you can choose). I am trading with token Store.
I am not dealing with Empowr site. And you do not have to join Empowr site.. Empowr coins are selling on the Exchange and there are laws and rules governing the Exchange market. You cannot be scam (by empowr site, as they probably did before).
Once the coins are in your Token Store (Exchange) no one can control it except you. When you sell, you get payment in ether ( Exchange currency) which you now convert into US dollars and then convert into your debit card or account in the currency of your country. At least, that's how I understand it.
This holds true for all cryptocurrency. The price of Empowr coins is at .65 cents. And I can trade my Empowr coin for another token, if I don't like it.
I was hoping to get hints on how to trade to make a profit. 
1 person likes this
@DianneN (247186)
• United States
6 May 18
@Gita17112016 I will ask him, but he has money to spare and pure luck. I am pretty sure he had no idea what he was doing.
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
24 May 18
@DianneN Then we'll be in the same boat. I am blundering as I am going along.
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
5 May 18
Ahhh, someone who actually bought and sold on the Exchange market. I was told that crypto is the future currency. And that cash will be replaced by it not too far in the future.
That's why I am venturing into this world.
Ask your brother if he has any tips to share!
1 person likes this
@popciclecold (39471)
• United States
5 May 18
I have never heard of this. Too afraid to run the risk
1 person likes this
@popciclecold (39471)
• United States
24 May 18
@Gita17112016 I hope you learn everything you need to know.
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
24 May 18
Me too, but I am trying to educate myself.
1 person likes this
@LadyDuck (472004)
• Switzerland
5 May 18
@Gita17112016 Crypto currencies are still a risky investment. Those are "unregulated" currencies, this means that they are not guaranteed by any government, not backed up ore secured. At most I would "risk" a small amount. Do not forget that the most famous (Bitcoin) lost the half of its value.
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
4 May 18
Apart from this site, is crypto coins a reliable thing? Because one you have ether in your purse you can convert it to cash.
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
24 May 18
@LadyDuck Yes, I think so too. I was reading somewhere that it may be that governments may change to cryptocurrencies in the near future. I am hoping that is not so.
I am still very comfortable with cash.
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
4 May 18
I am old school too ... gold or land.
But I am trying out the digital age where to have cash money with you is suspicious.
I also want to develop some new skills.
1 person likes this
@Jessabuma (31700)
• Baguio, Philippines
22 May 18
Hi! I am claiming different cryptocurrencies.. I am very interested in this.
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
22 May 18
Really? Are you buying and selling too?
I think today the Epr ecoin is .93 cents.
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
23 May 18
@Jessabuma Well, so far as I understand you have to have an ethereal wallet and have some ether (the currency) in it.
Do you have your ether wallet already??
1 person likes this
@Jessabuma (31700)
• Baguio, Philippines
23 May 18
@Gita17112016 I am not buying or selling.. I don't know how to trade bitcoins.. hehehe!!!! But I want to know
1 person likes this
@Iam_jauntyjen (5037)
•
4 May 18
I have heard about cryto currency but I have very little knowledge about it
1 person likes this
@Gita17112016 (3611)
• Trinidad And Tobago
4 May 18
The trouble is that it is growing so fast that we'll have to notice it someday.
