How can i buy cryptocurrency
Congratulations. You realized that crypto is the future and you are ready to invest some money.
This page will give you a lot of valuable information. For free.
From real experienced traders who buy cryptocurrencies since 2018.
We doubled our investment in couple of weeks during Jan – Feb 2021. And you can do it too.
You just have to follow the plan. Keep reading.
Before you buy cryptocurrency, there are things you should know
Read carefully all these 4 points, they will provide you with crucial investing basics, you mustn’t break if you don’t want to lose your money chasing a pipe dream.
Don’t bet on one horse
The worst thing you can do when buying cryptocurrency is to bet all your money on one horse only. Instead find at least 10 cryptos and invest into them. That way, if one cryptocurrency looses 100% of its value in dollars, you will have only 10% loss. And what are the odds all 10 cryptos will loose 100% of its value? Very low, correct.
Don’t check prices every day
Once you got money floating around in some cryptos, you feel the urge to check prices every day. Actually multiple times each day. Don’t. Crypto market is volatile. That means one day you can be 10% down and month later 50% up. Sit tight, eat your popcorn, watch Netflix and forget about your crypto. You hold it for future gains, you don’t want to trade it day after day.
Timing market is impossible
Every time you hear someone saying market is gonna do this or that, don’t believe them. We might say things like market is gonna recover at some level, but it does not mean it will happen. Eventually every drop in price will find its bottom and new wave of investors will jump in causing the price to go back up, but when….. nobody knows when. Nobody can time the market. It’s impossible.
Don’t gamble with money you can’t effort to loose
General rule for any investing is – invest only 10% of your fund reserve. Don’t you have fund reserve? Create it by saving money and then invest, but only 10% of its value. Nobody knows what’s gonna happen next week. Hell, even tomorrow. If you can’t afford to lose those money, don’t invest them. Ever.
Now you’re ready to make some money
How can you buy cryptocurrency? First make a list of cryptos you want to buy. By now you know it should be at least 10 cryptocurrencies. Write those names down.
Next thing is to figure out what exchange to use. Not even biggest and most familiar exchanges list all cryptocurrencies. So go to coingecko.com, enter name of your cryptocurrency into search bar, click on it and in the profile of cryptocurrency open the tab Markets below the price chart. Here you see what exchanges list your crypto. These are the places where you can buy it. If it’s Binance, you are lucky, because it’s currently the most secure and reliable exchange out there.
Next thing. For Binance, use this link to register for free. If it’s another exchange, write down the name of it and first buy everything you can on Binance.
After you register on Binance, secure your account by using 2FA verification. That’s the app from Google, which generates codes you use when working with Binance. This way you will always need your smartphone to withdraw money. So you’re safe.
Next thing is to deposit money. You can deposit by using credit card, but we recommend SEPA bank transfer. Cause it won’t cost you anything. Deposit the money you want to invest. Remember the golden rule – invest only 10% of your reserve fund. It takes 1 – 2 working days to deposit money via SEPA bank transfer.
Are money in your account? Can you see it? Now is the time to buy the cryptocurrency. Open this link & find your cryptocurrency and click on Trade on the right side.
Now you’re in the trading user interface. Look below the price chart. There are two options – buy and sell. You want to buy. Select the amount of deposited money you want to use to buy the chosen cryptocurrency and then click on the button to buy. Sometimes you have to wait a while. So wait. Boom! You bought cryptocurrency.
Some recommend to send cryptocurrency into wallet for housekeeping. To create additional security measure. We sometimes send crypto to wallet (we use Metamask and you should use it too, it’s chrome extension). Others are leaving cryptocurrencies on exchanges. Choose your own way here. Just remember – withdrawing has fees and when you have crypto based on Ethereum, fees are high. They can eat your profit once you decide to send crypto back from wallet to exchange so you can cash out your profit.
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.