Buy cryptocurrency for beginners
Little bird told us you’re a beginner and want to buy cryptocurrency. That’s great! You just made the most important decision in your life. And if everything goes by the plan, you will make nice profits.
By this time next year you could double, even triple your investment with low risk. How does it sound? Is it something that appeals to you?
We trade cryptocurrencies since 2018 and we made some nice gains. We’re not mllionaires yet, but it’s definitely where we’re heading. And you can follow us for free.
Let’s make one thing clear, before we start. Some of the experienced traders running own websites and luring people into bad trades hate our guts, because we simplify the crypto world.
Is it really so bad to explain difficult world of crypto to beginners? We don’t think so. And we are not luring you in. You have to make the decision to invest. We are here to educate. Not push.
Cryptocurrency for beginners
We assume you know the definition. But do you know what makes cryptocurrency so good investment in one single word? Banks. We hate banks. They ruin everything they can. And they want to get paid for everything. Imagine sending money to foreign country. It’s 21st century and these suits want to get paid for such a simple thing. But let’s dial back a bit. The middleman. That’s who they are and that’s exactly what cryptocurrecies change. Alice can send money to Bob. Bob can send money to John. Without middlemen. Without fees. Without banks.
Cryptocurrency has the best still ahead
Even though you’re a beginner and you want to buy cryptocurrency now, don’t for a second think you’re late for the party. The best still lies ahead. Once you master all the skills you need to invest in crypto, you will realize, how early you are. There is still 5, maybe even 10 years to mass adoption of cryptocurrencies. And for this time you can expect all the cryptos to keep hitting new record highs. Are you ready to profit from it? Keep reading.
First thing to do as a beginner is to change your mindset
Forget about lambo and hot girlfriend with double D. You can get there, but not with this mindset. Dial back a little bit. First you wanna do is set aside some money, from our experience it should be 10% of your emergency fund (don’t have one? Then don’t invest a dime). This is the money you will invest. Because it’s only 10% of your fund, if anything goes wrong, you’re not gonna jump from balcony and turn into one big pizza down on the street.
Second thing to do as a beginner is to study (a lot)
If you want to buy cryptocurrencies and you are beginner don’t expect that some nice people will tell you exactly what to do. You have to DYOR (Do Your Own Research) a lot. And when I say a lot, I mean A LOT. Get familiar with tools like Coingecko. Check out few coins or tokens. Google their names. Read the website. Read the whitepaper. Check out roadmap. Go to their Telegram channel and ask other people what they think. Read something about the team. But most important – does the team has a product ready or are they still developing it? If the product is out, it’s always better. Why? Well there are projects that won’t never make it that far to actually release anything. And it’s not anything unusual in the world of cryptocurrencies.
Third thing to do as a beginner is to make that first buy
Huray! You finally made it this far. You chose some cryptocurrency and you want to buy it. Check out coingecko, there’s a tab Markets. You will see all the exchanges where you can buy the crypto you chose. So you will have to register on that exchange, deposit some money from your bank account and then you can buy the crypto on that exchange. Boom! You’re crypto investor. How does it make you feel buddy? It’s nice huh?
Last thing to do as a beginner is to send cryptocurrencies into a wallet
Even though we sometimes don’t do it, it’s recommended to download wallet and send crypto into it for safekeeping. In case exchange get hacked, you might lose your investment. Yes, exchanges sometimes get hacked. So google what wallet are supported for the cryptocurrency you bought, install one that looks best and keep the cryptocurrency there.
Now starts the hardest part – waiting. Hold tight and sit like a goose sits on its eggs. Wait months, years. Don’t check the price every day. Market is volatile. One day you can be -10%, next months it can reverse you might look at 50% gain. It’s normal. Don’t think for a second you can time the market. Nobody, I mean NOBODY, knows what’s gonna happen tomorrow or the day after.
Do you have questions? Do you need help?
Did you choose crypto to invest in but you’re having some troubles buying it? Any other problem? Feel free to send us email. You can reach us at firstname.lastname@example.org . We will be happy to help. Please bear in mind we get tons of emails, so it might take a while before we answer.
Millions of ordinary folks managed to get rich in one generation.
Are they smarter than you? No.
Were they luckier than you? No.
The only reason why they have more money than you is that they followed the plan. They invested money.
And you can do that too.
What’s stopping you now from taking some money and investing into some of the cryptocurrencies we mentioned?
Don’t wait and invest now
If you decide to invest, do it now, because there are countless opportunities every day. You don’t want to miss that. And if you really invest, trust me, that the only problem you’re gonna have, is that you haven’t invested more. Sounds fair? Find out more about cryptocurrencies that are worthy of your attention.