How to Invest in Cryptocurrencies

[Suba]

Currently cryptocurrency has attracted a lot of enthusiasts from all over the world, unfortunately many newcomers get stuck or misstep so that all they encounter are losses. Here are some ways that you can profit from crypto investments as follows:
1. Select Crypto
Thousands of crypto available in the market, will make newcomers confused, so it is better to choose only bluechip crypto i.e. Bitcoin or Ethereum.
2. Open an account on Crypto Exchange
You can open an account on local or global exchanges but choose one that is legit and trusted. and deposit money.
3. Buy a Crypto
You can buy crypto by way of Dollar cost avaraging or lump sum. Don't forget to record all purchase transactions and transaction fees including fiat money transfer fees and taxes.
4. Open a wallet account
You have to choose a trusted wallet, be it a web wallet, application or hardware wallet. You can also choose a crypto wallet that provides interest earning for Bitcoin or stake rewards for Ether as passive income.
5. Hold
Hold your crypto in your wallet and when the price is high you can take profit by converting some of your crypto to USD

Conclusion
Don't be tempted by promises of high earnings, double or triple your assets in a few days, all of that is fake and a scam.

This thead is just information not a solicitation or advice to invest in crypto.

 

[nomad]

In order to invest in crypto, you will have to join the crypto exchange platform, fund your account through a card or bank account and then buy crypto, If you cannot use bank or card, investing can be difficult.

 

[Suba]

Currently there are many conveniences for buying crypto, we can use PayPal, Apple Pay, digital money (CBDC), or we can also buy crypto using local digital wallets, such as the OVO digital wallet, ShoppeePay etc.

 

[Reedex]

Cryptocurrency investment requires a lot of understanding because you must be able to analyse the market before you can make profit from it.

 

[Bisolami]

Currently cryptocurrency has attracted a lot of enthusiasts from all over the world, unfortunately many newcomers get stuck or misstep so that all they encounter are losses. Here are some ways that you can profit from crypto investments as follows:
1. Select Crypto
Thousands of crypto available in the market, will make newcomers confused, so it is better to choose only bluechip crypto i.e. Bitcoin or Ethereum.
2. Open an account on Crypto Exchange
You can open an account on local or global exchanges but choose one that is legit and trusted. and deposit money.
3. Buy a Crypto
You can buy crypto by way of Dollar cost avaraging or lump sum. Don't forget to record all purchase transactions and transaction fees including fiat money transfer fees and taxes.
4. Open a wallet account
You have to choose a trusted wallet, be it a web wallet, application or hardware wallet. You can also choose a crypto wallet that provides interest earning for Bitcoin or stake rewards for Ether as passive income.
5. Hold
Hold your crypto in your wallet and when the price is high you can take profit by converting some of your crypto to USD

Conclusion
Don't be tempted by promises of high earnings, double or triple your assets in a few days, all of that is fake and a scam.

This thead is just information not a solicitation or advice to invest in crypto.

It is very important to know so much about the cryptocurrency that you have chosen to invest in so that you will not be left behind

 

[Suba]

It is very important to know so much about the cryptocurrency that you have chosen to invest in so that you will not be left behind

I agree with you, Crypto skills are very necessary, but let's not be greedy, because it often turns out to be a loss.

 

[eldavis]

I started investing in crypto from paid to post forums. My earnings from paid to post sites where mainly through crypto so i would just leave them then sell them once the price goes up.

 

[oldbuddy]

I started investing in crypto from paid to post forums. My earnings from paid to post sites where mainly through crypto so i would just leave them then sell them once the price goes up.

Excellent start, but to see it on Steroids withdraw the earnings and deposit them where you can earn daily compound interest, then the market price of the Crypto will have little impact on your profit as long as you keep adding to your assets while you wait.

 

[riberet19]

Investing in cryptocurrencies is a simple task just register on an exchange use a means of payment that is comfortable for you, choose the cryptocurrency you want to buy and withdraw it to your wallet, nothing more, you can also earn it for free on the internet.

 

[oldbuddy]

Investing in cryptocurrencies is a simple task just register on an exchange use a means of payment that is comfortable for you, choose the cryptocurrency you want to buy and withdraw it to your wallet, nothing more, you can also earn it for free on the internet.

I'm glad you added that last part about earning it for free, otherwise with just the first part it's not much different than placing a bet at the horse races. You read the reviews, pick one that sounds good and spend you money hoping it goes up instead of down.

 

[riberet19]

I'm glad you added that last part about earning it for free, otherwise with just the first part it's not much different than placing a bet at the horse races. You read the reviews, pick one that sounds good and spend you money hoping it goes up instead of down.

Well really the investment is nothing more than that wait for something to rise and make money with it, but yes, of course you can earn for free, I consider that in the future bitcoin will be the currency of the internet, I think it is most likely from my point of view.

 

[Stardom22]

I say thank you for this detailed article educating us on very important matters regarding investment in crypto currency. The article is very informative and people can benefit from this.

 

[LoukiaCharilaou]

It is very important to know so much about the cryptocurrency that you have chosen to invest in so that you will not be left behind

Yes, it is very important to know a few things about cryptocurrencies before investing in them, otherwise, you may lose all your money.

 

[Magnus2022]

Thanks for sharing this basic knowledge about making money with cryptocurrency. It looks quite simple . While it sound simple and easy, a newbies will need to learn the fundamental and how to navigate crypto platforms. For instance, when I started learning crypto, everything looks fussy and totally confusing. Gradually, I starting to grab the fundamentals.

 

[gammarays]

There are so many ways to invest using crypto tokens. The easiest way is to look for a crypto token with potentials and buy it either on a Dex connected to your wallet or Cex platform.

 

[uptrendfinancialsignal]

Investing in cryptocurrency is very simple . All you just need to do is to buy a coin and decide what to do with it.

 

[oldbuddy]

Investing in cryptocurrency is very simple . All you just need to do is to buy a coin and decide what to do with it.

That sounds more like gambling to me. How often do you decide what to do with it? By the month, week or hour (in some cases minute). I decided once when I earned it free and have not had to change my strategy in two years.