what are the processes one needs to take to invest in crytocurrencies?

[Dekadet]

I have heard a lot of stories about people who invested in crypto curriencies turn millionaires over night.
Since I am a novice, I would be glad if people could share some knowledge here. Thanks

 

[Kamon c4]

Cryptocurrency investment is a modern day investment scheme and there’s little or no theoretical analysis on the scheme. However, it’s best advised to carry out a personal analysis on the cryptocurrencies. Having done this, you can proceed to opening an account on any cryptocurrency exchange platform and start trading and investing

 

[Samzii]

The first step, is to choose your crypto wallet, where you'll store your coins, after that you buy the desired coin and store it. Then you do researches about the coin then wait for it to pump

 

[Aniwhyte]

Investing on cryptocurrency is great, turning a millionaire overnight, then you have to invest very huge sum of money which is quite risky, there is no way possible one could turn a millionaire over night without investing heavily on it, back to your question, investing on cryptocurrency is quite easy, you have to first of all choose a good crypto app like binance, coinbase or luno, then fund your wallet and buy your desired coin to trade.

 

[Akinwale701]

I have heard a lot of stories about people who invested in crypto curriencies turn millionaires over night.
Since I am a novice, I would be glad if people could share some knowledge here. Thanks

It is very simple... first locate the type of cryptocurrency to invest in, then download the wallet app where such cryptocurrency can be saved, then save your wallet address and buy the said cryptocurrency in it and invest with any platform you want

 

[Khezo]

The steps taking to get started with cryptocurrency is really not hard at all, all uou need is a simply get a crypto currency wallet then make sure it's a trusted walletmlike blockchain then you start your transactions

 

[tuna89]

There are couple of processes involved in starting to invest in crypto, note the cryptos you prefer to invest in after which you download a reputable wallet, check reviews as regards this, understand the value history of the crypto, also understand the trade volume of the crypto in question and the factors responsible for the rise and fall of the values, by this, you are set to go and you will know how much to invest.

 

[Samuel77]

According to my own point of view cryptocurrency is a good business to invest, once you buy you wait for sometime for it to appreciate then you sell back and you get your profit but if you want to make millions in cryptocurrency then you must invest large sum of money because the higher you invest the higher profit you get

 

[Snazzy001]

first of all you should identify the kind of cryptocurrency to invest in a know how much they could cost if you are to go in .you also have to understand that you need a cryptocurrency wallet .and you also need a better capital to start it well .

 

[Royalty]

Cryptocurrencies are digital assets people use as investments and for purchases online. You exchange real currency, like dollars or any physical cash, to purchase coins or
token of a given cryptocurrency.
Before investing in cryptocurrencies you need to know that it volatile, also there alot of unknowns, understand the fact that it can be use for fraudulent activity, most that it has a unproven rate of returns.

 

[Kelly5]

Cryptocurrency is a financial instrument used in exchanges for goods and services. You must see it like the way see your Fiat currencies. You need to do a personal finding and research on whatever you feel you want to put your money into

 

[Eodine]

Investing in crypto currency is pretty simple, all you have to do is fund your wallet with your local currency first then choose the crypto currency you want to invest in, make sure you know a little about the coin you want to invest in and after that watch your money grow

 

[singlej007]

Some person invest in cryptocurrency right from the ICO time when the coin has not been launched to be traded on exchange, they went through the coin white paper, discovered it will be a good coin with great value and decide to invest.

 

[Bookwormlux]

Going in to crypto currency investment with this mindset would only end in premium frustrations. You have to first do your own research to find out which coin is the best to invest in at a particular time, not that you are thinking of becoming rich soon.

 

[Peppul]

Well the people that invested in cryptocurrencies first were the ones who truly enjoyed cryptocurrency then due to the fact that a lot of people were not into it fully then. Cryptocurrencies are volatile, thus the value of cryptocurrencies goes through extreme ups and downs. In 2017, the value of Bitcoin swung between $900 to $20000, so during the period people who invested in cryptocurrencies made a huge retire and thus some end up becoming millionaire overnight. But should should also know that the same way it shoots up it can also go down. That's why it's volatile.

 

[Victor001]

I have heard a lot of stories about people who invested in crypto curriencies turn millionaires over night.
Since I am a novice, I would be glad if people could share some knowledge here. Thanks

Crypto currency business is like every other business guided by principles,the time spent in learning should be more than the time spent in investing,take into consideration the coin you want to focus on and also the trading platform,spend time learning than investing.

 

[Diamond07]

I have heard a lot of stories about people who invested in crypto curriencies turn millionaires over night.
Since I am a novice, I would be glad if people could share some knowledge here. Thanks

The most important aspect is you seeking knowledge of the trade- the market, procedures and all that. People do make money investing in cryptocurrency or trading. If you do not have enough knowledge about it, you can lose all your funds within a twinkle of an eye

 

[jimmann247]

Research more about the coin, read there while paper and study their road map to see if the coin has potential to have value in the features, join there social media handle and find out about the team, then take decision to invest.

 

[bolllyteee]

I have heard a lot of stories about people who invested in crypto curriencies turn millionaires over night.
Since I am a novice, I would be glad if people could share some knowledge here. Thanks

There isn't much process to follow to invest in cryptocurrency.All you need to do is to open a cryptocurrency wallet of your choice.Look for an expert in the trade to mentor and train you.

 

[Klismannm12]

investing in cryptocurrency is not a big deal just have to take cognisance of The rise and Fall of cryptocurrencies and outcomes the moments you are able to predict how The rise and how they for which I believe depends on the structure of the market demand and supply which are the two major things that the damage they caused baby how are you how they should be I think we distance at the tip of your hands you can go ahead and invest in 89 fully well that he will definitely make some profit off it