Hi all, I'm a new user here and I have a few questions I would like to clarify before I Invest hopefully later today (I couldn't find any specific answers searching)
A little about me: I have just been introduced to the world of Cryptocurrency and knew it was something I wanted to invest in, I started mining for LTC but after 8 hours I realized it wasn't cost efficient on my PC so researched options and come across Protoshares which obviously led me to the evolved BitShares X. Now I have a basic understanding of the shares and system etc but Assets and deeper confuse me but I will dig into that after I have invested.
My questions are, and I apologize if these have been covered before:
1- I plan on buying BTSX as an investment into the project which I believe has great potential, not looking for a get rich quick scheme but if I double my investment value in 2 years +/- then great. Being in the UK I would have to go Local exchange GBP --> BTC then BTER BTC-->BTSX. If I have BTSX in my wallet, on Nov 5th when the system changes will it just be a seamless software update, nothing lost funds wise?
2- I see PTS are available on BTER, is it worth investing in these now before BTSX for the 5% bonus on switch over? If so do they store in my BitShares X wallet?
3- On the subject of wallets, I plan on replacing my PC soon, Is it as simple as EXPORT WALLET, save file to USB, install client on new PC and then IMPORT WALLET using the exported file from old PC? I would hate to loose my BTSX so thought I'd check first before I buy
4- Last question for now, When the change is made on NOV 5th to BTS, is the buy price expected to increase significantly? Only reason I ask is I will be investing £10 GBP today/tomorrow, and a further £30/40 GBP in 2 weeks, would hate to screw myself over which is why I'm looking to invest a little at least before the switch.
Thank you guys for your patience and time, I understand I am just another of many with silly questions but I am excited about this as it looks very promising as a whole.