Topic: How does one start on crypto? - page 2. (Read 2554 times)
Before investing in crypto you must prepare yourself first. and later one should acquire good knowledge about the market and take advice from successful investors. Next time you think about investing, if you go to invest without understanding then you are most likely to lose money. So you first research about the market and gain knowledge about trading from different social media. Only then you can succeed in investing.
Hi everyone, I would like to ask a very simple question on how to start on crypto if that is what it is called. The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.
The answer is simple as question...First You need to learn about crypto Space , then you can start earn, invest may be even launch startup projects
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Hi everyone, I would like to ask a very simple question on how to start on crypto if that is what it is called. The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.
Starting in crypto is relatively easy, and there are a few steps you can follow to get started:
1. Learn about cryptocurrency
2. Choose a cryptocurrency exchange
3. Create & fund an account
4. Buy cryptocurrency
5. Boom
Also, it is pertinent to mention that in the beginning, invest small amounts in minimizing the risk of loss. Good luck.
If you are thinking of making your monthly income in crypto then you are wrong. Because you won't get your monthly profit by trending, you may lose your money by investing.
That's why you should invest what you can afford to lose because crypto always changes time to time, it may pump or dump. I suggest to invest in long term services like real estate. Because in crypto you can profit big time or loss a huge amount of money in just seconds. You can actually start by exploring and research about crypto before investing.
If you are thinking of making your monthly income in crypto then you are wrong. Because you won't get your monthly profit by trending, you may lose your money by investing. But if you start investing with your little money then you can earn good profit gradually. Of course first you need to understand the market otherwise you can lose your money. And you start investing from a small amount and gradually increase the amount of your money, later you will see that you can earn good income by trending.
I would like to ask a very simple question on how to start on crypto if that is what it is called. The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.
I will give you as much idea as possible if you think you can make monthly income by trading crypto then you must have good knowledge about the market. At first you invest with a small amount so that you don't break even if you face losses and gradually you increase the amount of money invested. And later you will get your monthly income as a good amount by investing.The crypto market is a volatile one and prone to unpredictable circumstances.
Hi everyone, I would like to ask a very simple question on how to start on crypto if that is what it is called. The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.
The first thing is to learn about the basic things(what is blockchain, what is consensus mechanism) related to crypto. Then you need to find out what are free earning methods in crypto. I found several free crypto-earning methods. Methods:
1. Participate in AMA (Ask me anything) - You need to ask good questions from the project team and do the quizzes within time. Then they will give you the rewards
2. Do the Testnets
You do not need initial capital for the above methods. So there are no losses to your capital. you can build the capital from this. Then you can try out trading from that capital.
Not everyone is good at investing in crypto. There are many new investors who unnecessarily invest in different types of scam coins and end up facing losses. That's why first of all for the newbie he must have good knowledge of investment and it is very necessary for him to acquire knowledge for investing. Otherwise the risk of losing money is highest if the investment is made without proper understanding. But in my opinion investing in Bitcoin is the best because there is no risk of losing money when investing in Bitcoin. So start investing with a small amount of money wisely and invest it in Bitcoin only then it is possible to earn some good profit in future.
Cryptocurrency Everyone's journey begins differently First before starting the journey cryptocurrency One should start the journey with the highest idea about otherwise the possibility of loss is more than profit To start trading, one has to first choose an exchange and start trading by depositing money there Before investing in something, the chances of getting profit are higher if you do research about it first and then invest.The main mantra is cryptocurrency What to know about that Then the journey should be started otherwise the journey may not be auspicious.
Arbitrage is not applicable for the beginner especially if they are zero knowledge here. Another thing is for investment, it also include knowledge as well without this the capital will possibly turn into waste in the end.
And about Mining, it is actually good if the electricity who will attempt this is very low and cheap, also knowledge must need to this
matter, due to if not, everything will be useless in the end for sure.
And about Mining, it is actually good if the electricity who will attempt this is very low and cheap, also knowledge must need to this
matter, due to if not, everything will be useless in the end for sure.
We have to start from somewhere and there are chances that we will make mistakes in the start. One don't need to be afraid of mistakes and losses if he wanna excel in crypto trading (I am talking about people who are new to crypto).
Mining is something that can be tried at later stage of your crypto trading not as a new comer. As a new comer our focus must be to learn what crypto market is and how to handle it effectively.
You should first gain good knowledge about crypto and invest later. If you start trading to make money without understanding first, chances of losing money are high. So, if you invest with knowledge after analyzing the market well, you will be successful in the future. And you must invest in good coins without understanding that investing can be risky for your money.
There are alot of ways to earn in crypto,such as:
Arbitrage
Investment
Mining and others
Arbitrage
Investment
Mining and others
Arbitrage is not applicable for the beginner especially if they are zero knowledge here. Another thing is for investment, it also include knowledge as well without this the capital will possibly turn into waste in the end.
And about Mining, it is actually good if the electricity who will attempt this is very low and cheap, also knowledge must need to this
matter, due to if not, everything will be useless in the end for sure.
There are alot of ways to earn in crypto,such as:
Arbitrage
Investment
Mining and others
Arbitrage
Investment
Mining and others
These days we do not get any Arbitrage opportunities and as far as the mining is concerned it is also not easy process for a common man to set up a mining setup.
The only option from the above of these which is feasible for normal person is the investing in cryptocurrencies. When we decide to invest in bitcoin or in altcoins, we should do it after proper research and due diligence as without doing the proper investigation you may end up holding coins which are worth zero in the future.
I will prefer to start investing in bitcoin if you are very new to the crypto and have little knowledge about the altcoin projects.
You just have to choose the currency you are interested in and then creat and account with the with the cryptocurrency exchange, fund the account and pick and crypto currency you want to invest in you can choose one or as many as you want, place a buy order and
Follow the procedure needed by the exchange to completely buy a crypto currencies the purchase the informations needed to access it is waiting for you in the digital wallet
Follow the procedure needed by the exchange to completely buy a crypto currencies the purchase the informations needed to access it is waiting for you in the digital wallet
Hi bro. Read this article. It will help you to find a great opportunity on crypto market. I invest noting but earn more than 4 btc in less than 20 mont.
Referral programs are great.
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I just checked out your post history and it seems your sole purpose here is to promote your refferal link while spamming different thread. This is against the forum rule and could get your account permanently bannedReferral programs are great.
https://bybit REF LINK REMOVED
Go to referral program from table of contents
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There are alot of ways to earn in crypto,such as:
Arbitrage
Investment
Mining and others
All of these ways that you mentioned are means of earning crypto, but if the person does not have sufficient experience, he may lose a heavy loss and lose all his capital, so the most appropriate advice for a beginner is to learn, gain experience, educate himself, and know how to protect his wallets and devices from hackers so that he can survive in this field and he can come out with reasonable profits and reduce the percentage of loss that he will face in these ways that involve great risks. As for mining, he also needs expensive mining equipment, and I think it is a good idea, but without the need to pay money at the beginning, and if he wants to earn crypto for free without experience & capital, he must participate in Airdrops and bounties, but he must have accounts that contain thousands of followers, and he must do his own research, to be able to identify the honest project from the scam project. Arbitrage
Investment
Mining and others
Hi everyone, I would like to ask a very simple question on how to start on crypto if that is what it is called. The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.
Here are some basic steps to getting started with cryptocurrency that I can suggest:
- Select a cryptocurrency exchange: There are a number of reliable exchanges to choose from, including Coinbase, Binance, and Kraken.
- Create an account: You will be required to give personal information in order to authenticate your identity and create a secure account.
- Fund your account: Most exchanges allow you to fund your account using a bank transfer or a credit card.
- Choose your cryptocurrency: popular alternatives include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).
- Make your purchase: Once you've deposited funds into your account, you can use them to purchase the cryptocurrency of your choosing.
- Keep your cryptocurrency in a secure wallet: It is critical to keep your cryptocurrency in a secure wallet. You can retain it on the exchange or move it to a hardware wallet for additional safety.
- Keep track of the value of your cryptocurrency investment and consider selling if it reaches the desired profit level.
Keep in mind that cryptocurrency is a volatile market, so only invest what you can afford to lose.
Earning your monthly expenses in crypto is not that easy because you are currently a new trader. Due to which you don't have good idea and knowledge on some basic topics. If you want to earn your money from crypto, you definitely need to have a sophisticated knowledge about it, otherwise, you will encounter many scam schemes and suffer huge losses with the money you start investing with. so you need to first analyze about the market and crypto and start investing only then you can manage your monthly expenses.
Personally I do arbitrage using a very profitable and stable platform. All I need to do is enter a trade every four hours and earn a good profit from it. It has really been able to sustain me during hard times. If you want a link, you can send me a message and I will show you how to use the platform optimally 
Where to start from?
First step is to learn about the basics of crypto. If you know how the operates and what are the demands, then you can understand it totally. Next step is to learn to read the chart. Proper knowledge in this area will help you decide when to invest in the market for good profits. But you have to also remember that, in the crypto world, anything could happen at any given moment. So you shouldn't expect to get profit all the time.
That's why it says that no risk, no gain in crypto. Every decision in crypto world comes with a risk.
Then comes the proper asset management. You have to invest only that amount which you can afford to lose. Putting money in investment, which you are afraid to lose, could lead to taking emotional decisions. And this is the most found problem in newbie traders. Get a hold on your emotion and learn to control them.
And as you are starting, start with a small amount. Don't put your all assets in one section.
First step is to learn about the basics of crypto. If you know how the operates and what are the demands, then you can understand it totally. Next step is to learn to read the chart. Proper knowledge in this area will help you decide when to invest in the market for good profits. But you have to also remember that, in the crypto world, anything could happen at any given moment. So you shouldn't expect to get profit all the time.
That's why it says that no risk, no gain in crypto. Every decision in crypto world comes with a risk.
Then comes the proper asset management. You have to invest only that amount which you can afford to lose. Putting money in investment, which you are afraid to lose, could lead to taking emotional decisions. And this is the most found problem in newbie traders. Get a hold on your emotion and learn to control them.
And as you are starting, start with a small amount. Don't put your all assets in one section.
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