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Topic: How do I start investing in cryptocurrency? (Read 12734 times)

member
Activity: 196
Merit: 10
It is when prices of coins are down that is the right time to buy coins. Don't buy too much coins, it will be difficult for you to monitor your portfolio. Just buy at most 5 coins so you can monitor them very well. Bitcoin is a good coin to buy.
jr. member
Activity: 400
Merit: 1
I think investing in cryptocurrency could be a good investment. That is true for cryptocurrency in general and likely for you as a person as well. The very fact that you are reading this guide shows us that you are interested in investing in cryptocurrency. Also for your corruption protection, fundamental analyses are the best indicators for long term investors.
member
Activity: 476
Merit: 22
I would have say you should buy a bitcoin but since its very costly just buy a part of it and you will be fine,start using coinmarketcap so ypu will know which crypto is topping presently and open a account on binance to buy coins or tokens since its the most reliable exchange on my list
full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
It looks like you need to be wiser when you join the market with strong dumps. Of course, take a closer look at the product that altcoin supports, whether it's potential or not. Or just buy at low prices and wait for the powerful pump, you will profit from it. The news is really useful, don't ignore it, it may make you have a huge profit
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
<…> For example, you can install the Indacoin wallet, it has about 100 different crypto currencies that you can buy. It contains the most famous coins that have long existed and are the most promising of the two thousand that exist in the crypto market. <…>
Bear in mind that the wallet you reference is an exchange wallet, therefore you do not have control of your private keys. Additionally, the exchange is pretty small, and the information I’ve read on it state that the fees are pretty steep.

The essential steps prior to investing involve choosing wisely the exchange you are going to use (an exchange is the usual entry point), determining your wallet type/s and security policy (you should normally try to be in control of your private keys), selecting the specific cryptos you want to invest in (+ amounts), and plotting a strategy (hodl, trade, etc).
full member
Activity: 420
Merit: 101
Before investing, at first you need to know more about the project and  the cryptocurrency market.
That is true, propare knowledge is needed for every investor in this cryptocurrency market because success belong to those who acquired the needed experience.
jr. member
Activity: 364
Merit: 4
Before investing, at first you need to know more about the project and  the cryptocurrency market.
newbie
Activity: 38
Merit: 0
Investing in bitcoin is profitable. But no one can say if bitcoin still increase the price. A suggest that wait to decrease the value of the bitcoin then invest. And wait for it to rise up the value so you can get a lot of profit.
jr. member
Activity: 235
Merit: 2
Anyone can start investing in cryptocurrency but it will be suicidal to invest in a cryptocurrency without studying about the basics of the digital currency market. My advise to you is to learn as much as you can before investing your money in it.
newbie
Activity: 57
Merit: 0
Trading in cryptocurrency is a very profitable one but with lack of knowledge it can get you into a state of penury so in essence i suggest you start slow and equip yourself with lots of research and ask questions from the experienced crypto traders before investing.
newbie
Activity: 11
Merit: 1
Hello all and to answer you question on "How Do I Start Investing In Cryptocurrency",

Please consider visiting https://niffler.co

We are hoping to teach newbies how to trade without the risk before jumping into the real thing...heres a little more description of what we do as its a great way for you to get started:

Niffler.co is a FREE crypto community and startup that helps educate folks just like you interested in cryptocurrencies and crypto trading. We do it by taking out the risk of using real capital and giving you $100k in play money that can be traded alongside a live and real time crypto exchange. Once you get good at it, you can earn real money by teaching and guiding others! There is simply no safer and easier way to learn!

And for any experienced traders we are currently looking for experienced cryptocurrency traders interested in guiding newbies on their journey to trading... It will be a paid role once up and running and completely up to you how much you would like to earn and/or participate....

Niffler.co is similar to Patreon whereby our newbie users can pay to follow experienced traders like YOU and ultimately learn through your trades, guidance etc etc! You set your price (or just help for free if you like) and how much your knowledge is worth...

You can find the pre-registration page here (we are launching really really soon): https://niffler.co

If you have any more questions, please feel free to reach out anytime...were happy to help and thrilled to launching soon!

CE
newbie
Activity: 33
Merit: 0
Do u think its best to buy btc now or wait till it drops lower rhan it alrdy is? 
newbie
Activity: 9
Merit: 0
I am in the same boat as the op. I can remember talking about bitcoin years ago and not doing anything about it. Then a couple of years ago started going on faucets to start off. I should of just started buying then as the hours wasted on faucets didn't equal what I could of bought with an hours pay. As for alt coins all that needs to happen is for a coin to become more mainstream than bitcoin. We are already seeing this with eth and people who missed the original bitcoin voyage are on that one
Thank you for your question.) Because this topic interests me, too.
jr. member
Activity: 294
Merit: 9
It's better to learn about the project and do some market research, check the number of participants in the team and then decide whether to participate or not.If you are willing to invest in a strong project then placing your trust in the RAWG project can have great returns in the long run.One of the promising projects and their early stage ICO is going live! It's a valuable project to invest in.
newbie
Activity: 196
Merit: 0
Hello guys. Im pretty new to cryptocurrency. So I have read  for about 1 month news and articles about altcoins and bitcoin, mining vs buying crypto, trading and investing, checking each day price of top 10 coins. I do understand that I can not make billions since I should started few years ago. But I really like the idea of crypto and I would like to support / help it by buying / investing some money into altcoins. I dont have enough money to buy bitcoin. Here come questions :

1) Im interested in benefit / result in long term. So I want to make my portfolio low risk. I have read here on forum different opinions like “litecoin is total ***” and that “all altcoins dont have future” and “bubble of altcoins will be destroyed”. As Im pretty newbie on which factors should I first look at? Capitalisation? Creator of coin? Technologie or protocol?
2) Would you suggest to divide my start capital in 10 parts?
3) Is it OK to buy part of bitcoin and not whole coin?
4) Is it good time to buy now coins since almost every coin is dropping in price? Should I wait now or buy after SegWit?
5) Can you please link other forums or websites with helpful info for exploring and learning?
6) And some reliable websites for buying crypto from Europe and online wallets?
7) If I also want to try mining should I start then with coins like litecoin and ripple?
Cool Which alternative is good to programm Coinigy (trading programm) ?

Thanks for reading and good luck all.

These issues require constant study and painstaking work. Nobody will tell you when exactly it is worth investing in the crypto currency. This is definitely longer term prospects.
newbie
Activity: 10
Merit: 0
We would recommend choosing and buying a PoS coin, which you believe will increase in volume and price and consider staking or setting up a Masternode. Its an easy and sure way to have stable passive income. This way you don't have to worry about expensive mining "tools" , your electricity bill won't make you cry every month and you still get all the benefits of mining, without the downsides. In our opinion at Staking.com, we believe that PoS is the future of cryptocurrencies and the sooner you get familiar with it, the easyer it will be for you to adapt to the upcoming changes in the crypto world.
Hope this helps ! If you have any other question regarding the issue feel free to ask !
newbie
Activity: 12
Merit: 0
Hello everyone, I'm newbie here and I dont know where I can find information about ICO, can you recommend some famous websites or ICO that I can follow? Thanks so much

If you want to know how to invest in ICO, then you can visit this link: https://www.coindesk.com/the-ultimate-list-of-resources-for-researching-and-launching-icos/. It lists website that can help you understand more about the projects and ICO.

If you want to know how to purchase ICO, then you can visit this link: https://cointelegraph.com/ico-101/how-to-buy-ico-tokens-beginners-guide#trade-tokens.
newbie
Activity: 22
Merit: 0
Hello everyone, I'm newbie here and I dont know where I can find information about ICO, can you recommend some famous websites or ICO that I can follow? Thanks so much
jr. member
Activity: 252
Merit: 4
Our site: https://www.cryptowisser.com/ is created for the sole purpose of helping beginners in the crypto world to navigate among all different exchanges, wallets and more.

We have a list of exchanges (with information on trading fees, deposit methods and more) here: https://www.cryptowisser.com/exchanges/. We also have a tool where you answer 6 questions and then get matched with the best exchange for you (we call it the Exchange Finder) here: https://www.cryptowisser.com/

We have a list of wallets (with functionality and user ratings) here: https://www.cryptowisser.com/wallets/

We have a list of crypto debit cards (with functionality and user ratings) here: https://www.cryptowisser.com/debit-cards/

We also list casinos that accept cryptos as payment and merchants who do the same. Have a look!

All the best,
Cryptowisser
jr. member
Activity: 546
Merit: 3
If you are really interested in Cryptocurrency then you should without excitation. But you have do your research and find a good coin to invest in.
You have to be very careful when investing because you can loose all your funds. 
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