You should know what cryptocurrencies are and how volatile they are. And the best cryptocurrency for newbies to invest in is none other than bitcoin. It's the best choice that you can invest with that $1,000 bucks that you have.
The best strategy that I can suggest to you is to buy and hold first. Newbies are likely to easily lose their money because you don't know what you're doing. Practice first through crypto trading simulation which you can search on google.
Topic: Cryptocurrency trading - page 5. (Read 633 times)
Firstly, invest only what you are willing to lose. Ask yourself if you are fine with losing your $1000 in the worst case scenario. If you are fine with it, proceed to do a good deal of research related to the cryptocurrencies that you are interested in.
I advise sticking to popular cryptocurrencies like BTC, ETH, LTC etc since they won't just disappear one day out of the blue. Invest smartly!
I advise sticking to popular cryptocurrencies like BTC, ETH, LTC etc since they won't just disappear one day out of the blue. Invest smartly!
Just try and make some enquiries on the current cryptos that are just coming up before you make any decision on buying to invest.
I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
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