7 Tips for Getting Started with Cryptocurrency Trading
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1. Pick a Reputable Exchange
2. Pick a Simple Strategy
4. Build a Portfolio
5. Keep assets in cold storage
6. Be patient
7. Ask for help
Although the market is volatile, that doesn’t mean the value of your portfolio will skyrocket over night:
You never know when the sky might fall. The cryptocurrency space has a history of surprises when it comes to hacks. Funds can be lost in a hack at any moment, so it’s always encouraged to keep your assets off the exchange as much as possible.
Being the guardian of your own bank is great, but it means you must find services which can accommodate keeping funds off the exchange:
The beginning of your journey into the cryptocurrency market will be hectic. You will quickly become bombarded with ideas for trading strategies. Find a strategy that’s simple to implement and maintain as you learn.
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What’s up, it’s @hackedongrowth here, As the globe continued to fight the epidemic earlier this year, something unusual began to happen. Bitcoin, the well-known cryptocurrency, began to appreciate in value.