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
MORE IDEAS FROM THEARTICLE
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.
Investment is sometimes a fruitful or risky option. It can be a successful investment when you know what you are investing in and might give you stress when you are not clear about your investment.
These are some of the Investment Opportunities that you can consider, but do not forget to research and gain clarity before you put your money into something.
That’s right. If you thought it would be possible to buy an endless amount of crypto, think again. Cryptocurrency is a limited resource, like gold or oil. This is why currencies like bitcoin continue to increase in value as the supply goes down. Investors know that somewhere down the road, the number of bitcoins and alt currencies available will come to an end.
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