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

[Richard92]

i"m very sure the over night used in this context was an exaggeration. Although you can become a milliinaire in crypto currency in months and few years without sweating.

Most of the princesses you have to take it will invest or get a cryptocurrency is first of all have a wallet then you can actually buy cryptocurrency through your wallet

 

[Setfragil]

I don't know where you heard such stories but it is impossible to become a millionaire overnight investing or trading crypto.

The problem is that most people sees cryptocurrency as ponzi or get rich quick scheme that can make you a millionaire overnight, the main reasons why so many people are always complaining about cryptocurrency when this is not achievable overnight.

 

[Ralphjoe]

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

The thing is that recently I found it pretty difficult to purchase cryptocurrency and this has really made it very difficult for me to do a project that I wanted to do because of the difficulty it took for me to purchase cryptocurrency.

 

[babdud02]

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

I also wish to know much about this because also plan to invest in cryptocurrency.I think the best people to put novice through are those that are already into crypto trading

 

[Trexxxy]

The problem is that most people see cryptocurrency as a ponzi or get a rich quick scheme that can make you a millionaire overnight, the main reasons why so many people are always complaining about cryptocurrency when this is not achievable overnight.

Spot on. I think people have a misconception about the whole crypto thing and that is what makes them lose a huge amount of money. Low understanding and misplaced understanding.

 

[Josemendez]

Investing in cryptocurrency is very much demanding and requires full research to avoid falling into scam projects that filled the cryptocurrency world.

 

[joy101]

Investing in cryptocurrency can make one to become a millionaire because I have see some people that become millionaire through cryptocurrency.

 

[Kunkun]

Well first things first, you have to have a wallet to store your coins and transact on, there are quite a number of them out there, also do your research prior to any purchasing be it short or long term

 

[eLdavis]

Before you can think of investing in crypto, you should have basic knowledge about crypto currency in general and on the coin you might be hoping on investing with. Study more on how the market works and be aware of the risks attached to crypto investment

 

[Setfragil]

Investing in cryptocurrency is very much demanding and requires full research to avoid falling into scam projects that filled the cryptocurrency world.

You are very correct in your submission. There are many cryptocurrencies that are just for pump and dump by their promoters so we need to do a thorough research before we invest in any cryptocurrency.

 

[Justin]

I do not think anyone can turn millionaire overnight by investing in crypto currencies (unless you invest millions), price increase always happen gradually, that's what I saw n the past

 

[Prettyjanie]

There is no hard and fast rule when it comes to investing in crypto currency, you just have to learn how the market works then choose of you want to invest or go into trading.

 

[Nomad]

In order to invest in crypto currencies, you first need to make a short list of coins to invest. Your list should depend on price history, face value and the market cap.

 

[Nurudeen]

If you want to put your money in the crypto currency exchange Business you really need to learn the basics of technical analysis and know how some candle sticks work. With this you will be sure of making money in the market

 

[Kingstone]

Overnight should be an overstatement. It is not possible for that to happen. Probably you meant in a short time. It can actually happen once you had made your research about a coin and there are great prospects for the coin to reach a high price.

 

[Thinker009]

I think some of the process includes registering on an exchange platform , getting the needed money you want to invest and investing on the platform or buying the cryptocurrency

 

[ganibade]

To invest on cryptocurrency is very easy.dowloading luno application or binance application and sign up.try to invest and fund account or become free member.
[automerge]1635931262[/automerge]
To invest on cryptocurrency is very easy.dowloading luno application or binance application and sign up.try to invest or free member

 

[Sotherefore]

Generally what I understand about cryptocurrency is that it is completely unpredictable and in this case you should not invest in a coins that depends on hyping most especially shitcoins ,because you are likely to regret your decision most especially if you are considering it for long term purposes

 

[Thinker009]

You have to first register with an exchange platform ,I think preferable binance platform , depending on the one that would best suit you and the platform I make use of is binance , that's why I recommend you to try it out

 

[Ezekiel]

As a novist in crypto world what any one will need as a learner is a mentor,the right orientation,and also self study and personal development on taking crypto