Topic: I want to understand cryptocurrency (Read 273 times)

There's no quick money in crypto, and scams are common. Always research thoroughly and avoid promises of high returns. Stick with reputable platforms for safety.

daytrading
BTC/ETH pair

I love that word when you said In Urgent need of money specially when its mentioned to be a small amount of 6000 dollars? man that is a 1 year salary in my country 

you don't need literature to read but focus in this forum, read each thread and you will learn more than what you wanted .

I also got interested in cryptocurrency due to the urgency of making money. But then a friend told me that cryptocurrency isn’t a get rich quick scheme. Else you’ll end up doing the wrong thing. So in the world of cryptocurrency you have to be patient and keep making progress.

Unless you're already very good at trading, earning $6k with crypto isn't that easy, it takes time

P2E platforms

First of all welcome to Bitcoin Forum. Now you have to remember that no task is so easy that I closed my eyes and got a huge amount of money. If you think so, you're living in a fool's paradise. Bitcoin will never pay you in the blink of an eye. You have to go through a long term holding process. But it sounds like you are trying to talk about trading. If you want to do bitcoin trading then I would say trading is your own business but bitcoin forum is not a trading spot.

 I would definitely suggest that you give Coinbase a shot. It’s incredibly intuitive, and that’s ideal if you’re completely new to this type of platform. It brings the ability to purchase a lot of different coins also to sell and store all those coins in one program.

Also, they have some pretty useful educational tool that might be of help when it comes to giving you a better idea of how the whole thing goes

Hello, I want to know, have you decided where to invest?

Just came across this post. Please is there anyone who can help teach me how to trade. Please I’ll be very happy if I can get one.

And this amount may be enough to start at all?

Urgent needs for money seem to be resolved more often than not with patience. The opportunity to buy something for $6000, no matter the reason, can actually be.the sellers urgency.  Recently a seller proposed a $6000 purchase to me. In an effort to ascertain his urgency level, I proposed financing terms which had he signed, would have had value instantly.  People are their own banks, and writing checks was the traditional way of exercising such money printing. Now with peer to peer currencies, gathering together in collective banking, has never been easier.  Make money with your creative spirit. You have information and opportunity as never before in history.

when you are desperate ,dont lean in here because you may end with nothing but losses .

I have the same question, I have 20,000. Have you found a way?

Did you figure it out? If not, good luck!

If you want to understand cryptocurrency or anything at all, don't go to a university. Universities promote violence.

Regards,

-Joseph Van Name Ph.D.

First thing you need to know about bitcoin and cryptocurrencies as a whole is that its not a get rich quick scheme
There are different aspects of cryptocurrencies but the main 2 is buying of a crypto currency and holding on to it until the price goes up in as much as this is very easy to engage in, it takes time and it comes with a lot of attributes which you may lack as a beginner 1 of these attributes is Patience
Because you are new to investing you might see the value of your money depreciating and decide to sell Because you are scared this literally leaves you will less money than you initially had
That aside any attribute is the tendency of you getting scammed
Trust me the rate of people getting scammed recently has surged over the passed few years and you can actually fall a victim don't think that you're very smart because the fraudsters have also developed smarter ways to scam you
So before you even attempt to invest you should make sure you seek proper information ask questions don't be scared to do that its better safe than sorry and you are actually in one of the best forums to gain these knowledge from people here have all the experience you need and are here to help you out when you need them just be respectfully

Another way you can make money through cryptocurrencies is by taking advantage of the volatility of the prices of these currencies this is known as trading I'm sure yiu may have heard of it
In as much as it is a very fast way to make money it is also a very fast way to loose money as well as a newbie I won't even advice you to venture into the world of trading right now especially considering the fact that you are in urgent need of money

So my little advice to you is to venture into something else for now since you're in desperate need of money and when things get better and you have some money you can afford to loose either to trading or to investing then come back here I'm sure people in this community will be happy to guide you through on what to do and steps to take

futures trading, but it is more gambling than making money (if you don't know how)

Have you tried to work?

Where in the world that 6000 USD is small money?does this means you are a rich person who called that small money?
And if that's true then why there is a need to learn earning ?