WHAT IS CRYPTO-
Cryptocurrency is formally defined as a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. In other words, it is a digital form of money.
Getting Started in Crypto
Always remember this is high risk investing, so never put in more than you are willing to lose!
DO YOUR RESEARCH
Investigate the different investment opportunities and try to think long term. Invest in cryptocurrencies that show a well developed plan, but watch out for scams and pyramid schemes similar to Bitconnect.
If it seems too good to be true – it probably is!
BUY SOME CRYPTO
Before you begin investing in altcoins, you must first buy BTC, LTC, or ETH, from a reputable website like Coinbase. From Coinbase, you can then transfer your funds into trading platforms such as Binance or Bitfinex.
You will need to create accounts for both of these sites (Click the link below to sign up with our code and earn $10 of BTC)
Here is where you can make some serious money – or lose it. While you are trading, stay up to date with the projects in which you are invested. This type of investment is extremely volatile and is quite difficult to predict.
This is not the stock market – 80% swings are normal! Learn how to HODL.
Open an account at Coinbase.com
at Coinbase.com you can purchase BTC, LTC and ETH which can then be sent to an exchange.
Open an account at Binance.com
at Binance.com you can receive your newly purchased BTC, LTC or ETH and use it to buy hundreds of other coins.