HOW TO INVEST IN CRYPTOCURRENCY:
If you want to invest in cryptocurrency, and not limit yourself to just buy/sell/trade, as a Newbie, there are a few options; you can choose between
The GBTC trust as sold on the stock market.
An exchange to buy coins on and a wallet to store the coins in. [ *CUSTOM RECOMMENDATION ]
cryptocurrency IRA (Not really recommended because No reviews on them)
Each option has its pros and cons, but notably, only an exchange-broker-wallet hybrid.
TIP1.0: Successful & Smart investors or Traders follow trusted guides from professionals to maximize their crypto-investment potentials & Reduce Risk.
What You Should Know Before You Start Trading Cryptocurrency, There are a few things more to know about trading cryptocurrency beyond what was noted above but find below a few of the most important things to know before getting started:
A cryptocurrency exchange is not part of the regular stock exchange
RISK: The cryptocurrency market is insanely volatile. You can make a fortune now and lose it in a twinkle of an eye, whether you trade Bitcoin, another coin, or the GBTC Bitcoin trust. Consider mitigating risks, hedging, and not “going long” with all your investable funds.
1 of the simplest place to invest, buy, sell, and store coins are OPTIONSTOWER, IQOPTIONS or Coinbase. [1 of the amazing things about these platforms is that the platform is home to various cryptocurrency trading markets, including Dash, Ethereum, and Dogecoin. What is even more intriguing is how all of these currencies can be traded against the US Dollar directly. They are the best right now, – after my experience, No doubt]
Follow Step by Step trading instructions from an expert to avoid frequent loss of Trades. This was how I started and cannot fail to mention it because it paid out. If you want to go into cryptocurrency trading/Investing, you are doing one right thing by reading this.
TIP1.1: Trading top coins like BTC, Ethereum e.t.c reduces the risk of huge loss, (Other cryptocurrencies are riskier (but can offer quick gains on a good day).
TIP1.2: There are a few sides to cryptocurrency which makes it stands out. (i) you can trade and invest in it, (2). you can use it for transactions (anywhere a coin type is accepted), (3). you can break out a graphics processing unit and some software and mine coins. These are all valid and interesting, But this page is focused on “trading” cryptocurrency (and therefore also investing in it). With that said, even if you want to do the other things with cryptocurrencies, you still need to be set up for trading.
What You Need to Know to Start Trading Cryptocurrency For those who want to trade cryptocurrency.
A beginner should start by choosing a company with a good reputation that offers an exchange and wallet (to help keep the process simple). Additionally, only a few platforms offer to exchange and wallet.
A beginner should also start by trading prominent coins. Currently, in 2018, By prominent coins, I mean coins like Bitcoin (BTC) and Ethereum (ETH). In the future, this could change. But right now as a good and smart trader or investor, you have to focus on what pays you the most, at this particular point in time.
New Traders/Investors must really understand how the system works to avoid loss of money. [For serious traders only, I disclosed my contact information at the end of this review for advance support/Guidance, If needed]
Why You should Trade Cryptocurrency (whether as a main or back job for the ‘perfect extra income’)…
Cryptocurrency Trading, According to a Forbes reporter is considered the 2018 most lucrative backup job for the ‘perfect Extra Income’ & I totally agree. No matter anyone’s financial status there’s always that need for an extra income, – more preferably a job you can do from anywhere at any time! Nothing beats that! Now Everyone has heard about cryptocurrency, Bitcoin, whose market capitalization (the price per unit times the circulating supply) as of July 6, 2017, exceeds $42 billion, only slightly below the market capitalization of Ford Motor Company. But six other cryptocurrencies (Etherium, Ripple, Litecoin, Etherium Classic, NEM, and Dash) have market capitalizations over $1 billion, and another thirty-seven have between $100 and $999.99 million.
I use a cloud trading system that simulates live signals on all current market rate of anything I choose to trade. I am very open to guide you if you are a trader, contact me directly, I accept calls, & email only