• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

What do I need to know and how do I start cryptocurrency

  • Thread starter Thread starter Neta Sam(Samuel Odunlade)
  • Start date Start date
As a beginner, you need to know how Cryptocurrencies work and you need to accept the risks involved in it. You can learn from someone who is really into crypto in order to have more understanding of it.
 
Any investment you are doing in cryptocurrency must really be for long term and you have to make your own personal decision concerning that ,and if it is for long-time you do not have to sell it when there is a prize drop because it will definitely bounce back and that is what most people do not understand.
 
I don't really know about this but it is an area I will like to expand my knowledge about so it will help me when I finally go into the business, from what I have observed it is a very good business
 
When I heard about Heterium, some one close to me discouraged me from doing it, because the person was afraid it could be another MMM, but I also was not sure about it, but I discovered cryptocurrency is like the future of making money. Explain things I need to know about cryptocurrency to me
Thanks.
Cryptocurrency trading and investment ain't a scam. What actually might be a scam is the site you make your trade on for example I tried using a crypto wallet to trade cryptocurrency and later it turned out to be a scam and I had to lose my investment to it but am happy I didn't invest much anyway.
Another stuff is that you should apply the simple rule of buying a coin when the price is low and withdrawing when the price becomes high. You can actually start from here 😉
 
I believe what you mean to say is ethereum. Well I would advise you have to a great extent , a huge quality of knowledge and technical know how about trading in cryptocurrency, if not , it might probably end in tears. But I can promise you that , it can be a good thing in your life if only you can get it right.
 
When I heard about Heterium, some one close to me discouraged me from doing it, because the person was afraid it could be another MMM, but I also was not sure about it, but I discovered cryptocurrency is like the future of making money. Explain things I need to know about cryptocurrency to me
Thanks.
There are various cryptocurrencies one can trade with.
First and foremost, you have to acquire knowledge on how to exchange or trade the currencies; know when it is best to buy or sell. get a device and practice with.
 
You need to know that cryptocurrency trading and investment is not a get-rich-quick scheme. You should know that it takes time to make consistent profit with cryptocurrency investment.
 
When I heard about Heterium, some one close to me discouraged me from doing it, because the person was afraid it could be another MMM, but I also was not sure about it, but I discovered cryptocurrency is like the future of making money. Explain things I need to know about cryptocurrency to me
Thanks.
If you want to invest in crypto or trade crypto, then you need to undergo intensive training. You can't just start up without enough Knowledge gained. After the training, you can start up.
 
It's quite easy to start cryptocurrency trading, I have known about cryptocurrency for quite a while now but I haven't really traded until recently. All you need to do is create an account on binance or luno, then fund your NGN wallet with your debit card, and from your wallet balance you could be trading, buying and selling of crypto.
 
Cryptocurrency is not difficult , it is just for you to buy your favourite crypto-currency and save in your cryptocurrency wallet , There are so many cryptocurrency wallet but it is advisable to use Trust wallet or binance if you are interested to also be a trader.
 
There are different platform you can use for your cryptocurrency business , but that is not the most important factor. You just have to understand what cryptocurrency is all about. If you are interested to trade then you should think of attending an advanced class on crypto trading.
 
You need a thorough investigation and research on each crypto currency to know which one you need to invest in and also leaen about how crypto currency works before investing in it.
 
cryptocurrency is not something you just start immediately and start making a lot of profit. You must dedicate like 3 months or 6 months to learn the necessary things required. There is a book I will recommend for you called "how to defi" by coingecko.
 
Going into cryptocurrency investment you need to know about the market and also to understand it very well before planning to go into it, is very important to have knowledge about what you really wants to do.
 
One things you need to know about the cryptocurency market trading is that it is a market that deals on virtual curency value of coins,they are volatile,ie can change rapidelly due to market force of demand and supply,it is not cetrally controlled and you can loss your money and the same time gain from the market.
 
You can get any cryptocurrency related information on YouTube or on forums and other platforms that discuss about cryptocurrency. You must be very careful because the volatility in cryptocurrency makes it difficult for people to earn with proper knowledge
 
I think before starting your business on crypto currency you should Check out the market by doing a good survey as to if the investment would yield interest or if it's going to be a wasted investment. Make inquiries and ask questions any where you need clarity before investing.
That is just it,the aspect of getting the most appropriate information about cryptocurency is very vital before one should contemplate of starting any kind of trading,because the market is very volatile.
 
Back
Top