What do I need to do when investing in cryptocurrencies?
Investment, in essence, is currently investing a certain amount of principal in order to obtain a certain return in the future. But people tend to ignore the details, and the rewards may be positive or negative. In order to make the investment as positive as possible, we must have an in-depth understanding of the investment, and on the basis of in-depth understanding, make independent judgments, make their own judgments, predictions and choices.
The cryptocurrency market is actually an unregulated securities market. You need to know the following information when investing.
1.put your own mindset, pay attention to the message of the cryptocurrency.
Even if you don’t know anything about the industry, it won’t affect your entry into the cryptocurrency market. Experience tells you that you can sign up for a reddit account, search the community: r / Cryptocurrency&r / Blockchain, or view these community comments: / r / Bitcoin / r / Ethereum / r / Ripple / r / BitcoinCash / r / Litecoin / r / Dashpay / r / NEM / r / NEO / r / IOTA / R / Monero,
If these messages are already known and you want to exchange cryptocurrencies, you can check reddit:r / OKSWAP, which is a platform that can be traded quickly. Website:okswap.io
2. Basic understanding of how the market changes.
There are many coins. Ethereum, Bitcoin and Litecoin are the highest-value coins, they have been around for quite some time — and they are usually one of the first coins invested by beginners.
Side note: No matter what you invest in, you should get some BTC, because many coins are not paired with the US dollar (or even ETH), you need to have BTC to buy them.
Don’t panic when you see price fluctuations, you can choose to buy falling currencies on a case-by-case basis. LTC is very stable if you want to buy it and wait for it to consolidate and fall.
3.understand the various cryptocurrencies.
Usually buy a watermelon to beat, listen to the sound, invest in cryptocurrency, naturally also need to knock on the cryptocurrency, listen to the sound. You can start with the top 20 cryptocurrencies that understand market value and have the ability to understand other currencies. The understanding can focus on the most prominent features of each currency, such as BCH and BSV extension technology, ETH’s smart contract technology, EOS graphene technology, and Cosmos’s cross-chain technology.
4. Study the chart.
By studying the icons, you can begin to understand the true volatility of this coin and have a general understanding of its price range.
Good luck, don’t lose confidence when you lose money, everyone suffers losses. Learning cryptocurrency is a process of growth. I hope that you can gain wealth and bring wealth freedom through cryptocurrency.
Published at Fri, 20 Sep 2019 07:16:32 +0000
Bitcoin Pic Of The Moment
✅ This image from Marco Verch (trendingtopics) is available under Creative Commons 2.0. Please link to the original photo and the license. 📝 License for use outside of the Creative Commons is available by request.
By trendingtopics on 2019-03-21 00:03:25
