How To Invest in Cryptocurrency: Super Beginners Guide



I'm gonna be talking about how to invest in cryptocurrency now like anything in life one simply does not just invest in anything without knowing what they're investing in just keep that in mind don't be caught up in the FOMO fear of missing out most people see something on the ride they don't jump on the bandwagon and then they're they think they're going to make it like the stocks right oh I heard my friends investing the stock let's go buy rubbish complete rubbish there's a saying if you don't know who the schmuck is in the room you're the schmuck so the first thing I tell anybody before investing cryptocurrency is don't and I'm not saying don't because it's not a good idea I'm saying don't because you don't understand in space okay like myself I would invest in anything unless I truly understand it so the first step is I need a space understandable cryptocurrencies is if you guys don't know what bitcoin is what if you're in is well cryptocurrency is or blockchain technology if there's a guy below this video okay that's the first step understand what you're investing in and take your time spend a couple of months reading about it become an expert in the field okay then once you have a grasp around the industry the technology in a different career flip currency that you can get started so step one and getting started once you've done the research is open up her account on any single exchange so you can go to cracking or coinbase those are simple ones easy just easy to set up and deposit some money don't start big people think they become rich investing crypto that's not the case you don't just become rich of doing anything there's a process there's a strategy this you know how risk-averse are there's so many different variables for this so I always tell people start small put a five hundred bucks and because hey if you've been investing or if you're thinking about it and if you study the space you see this volatility like this all over the place crazy volatility especially now in crypto currency season it's crazy all over the place okay so start small five hundred bucks put it in so now once you have five hundred bucks what you invest in so you connect your bank account idec's your coin base or crackin you've deposited five hundred bucks of fiat currency get the big to okay get bitcoins get aetherium for now simple keep it safe even though there is a lot of volatility it's still roughly safer than the other cryptocurrencies okay so you have 500 bucks let's say 250 Bitcoin 250 hearing next thing what you want to do is continue researching and educating yourself on the other cryptocurrencies there's millions out there I'm not going to name them right now you can do earn your own research but pick one find out why that cryptocurrency exists in the first place find out the team behind it find out what problem they solved read their white paper and really understand should you even put any money into this because like any different market cryptocurrency is no different because you have speculators speculators you have market demand your supply and demand yes different layers and different variables and different teams and different individuals and institutions manipulating the price is no different than anything else okay so you have to understand all the different layers so do your research and every single coin for example do research on triple d research and – do research on lifelong here research on Mineiro do research on goal and do research on NP if your research on then you name it like I said this doubt run an in-mold right but do your research and every single one understand the space ok tick if I want to do if I want to start investing in stocks I'm just going to simply invest in it I'm going to research Tesla Amazon Google Shopify I'm going to find out who's on your team who's under board what's your plan what's early earnings from last year etc all these numbers and all these things I need to know before invest ok so get that information next thing need to know is talk to people so a lot of these cryptocurrencies they have public sit here it's not all of them but some of them actually most of them do talk to them send them an email or talk to the team and figure out what's going on internally during their slack channel join their spec channel join facebook groups so there's a good facebook cryptocurrency club join that check that out there's a bunch of different resources like that but really go into the community and see what these individuals from these coins are actually doing finally once you have some information and let's say you notice that hey Bitcoin has gone a little bit up and period has gone down a little bit time to allocate maybe like every quarter you look at your holdings like any other investment you're like okay I'm going to move a little bit to this they can move a little bit to that so that's it it's it's it's not complicated and these are small baby steps but these baby steps gradually increase to bigger steps and these bigger steps gradually increases huge enormous steps so you might go from $500 investment next thing you know you're a thousand Eckstein or 25,000 next you know a hundred thousand one hundred thousand dollars of somebody's money that's something not to be messed around with no matter who you want okay so you don't want to be losing that out and people lost millions of dollars in cryptocurrency space because agreed because if you're missing el greed it's a it's very dangerous okay so you don't want to be greedy you want to be slightly risk-averse what a minimize your risk as much as possible okay so let's repeat that again I have except right here if you're looking at that step one that's your precursor to step one if there we go precursor step one is understand it's base you can check out the guides below okay again step one is go to kraken or calling base there's a link below this video okay to set up your account step to invest a small amount like five hundred bucks or so okay that's three by two two big ones for now they're pretty stable compare the other one so that's Bitcoin in either step for research and educate some more so start picking the crypto currencies that interest you figure out why people are investing in it figure out the problem itself figure out the dev team there's a whole team everything and spend some time and understand it you know become a master at it next thing to talk to the experts will talk to other people who are investing in this space was that individual investment or maybe they have like a crypto fund okay and if finally is time to reallocate so every quarter like Ray Dalio talks about and it's all whether portfolio you want to reallocate your investments of you're noticing some Ares is down over here what dining areas are improving much better or performing much better for yield okay that's it it's not too complicated this has nothing to do with day trading I'm I'm on day trading at all I don't do day trading this is just talking about long term investments and for anybody who has any inclination investing this is simple steps to start you know it's not complicated but please don't think that all of studying India rich overnight because a lot of times that's what I'm hearing from people they're trying to put in a thousand bucks they can make ten thousand there's a lot of people do it but high risk is a very very high risk of losing all that so if you have like a high risk type of persona and you can handle losing that money lose it go for it but most people don't they don't want to lose a thousand dollars so you want to mitigate your risk as much as possible and work your way up so that's that guys like always I'm giving out Bitcoin in ether you got to leave a comment below with your Bitcoin in a fearing address and a suggestion okay not just your cerium in Bitcoin address none of that stuff okay and if I given you before my movies again I know blog even to be for the list okay and make sure to share this video keeps

38 Replies to “How To Invest in Cryptocurrency: Super Beginners Guide”

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  3. comment…this bog has been really helpfully o help me understand a little more of this cryptocurrency taking over this worldthankstou very much for taking the time and helping ordinary people have a rack at the right investments

    y suggestion would be to keep thi ss a running series every week explaining more and more ow easy it is for the little guy to get ahead , we can all do it if we try
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  6. In cryptocurrency, the perfect time to get in is always NOW. Reading several comments and watching videos, you get to realize so many people are still waiting for the bottom before buying but in reality, there is no bottom until the asset is actually out of it. Another issue is the bull trap which may cause traders or investors to act on the buy signal and generate loses on resulting long positions and its very likely we are currently in a bull trap and may have a reversal which would break the prior support of $3,500. How can you profit significantly and be safe from false bottoms and traps? First thing to do is, get some more education which is more effective by following a few selected successful traders, mastering their strategies, and copying their signals with their permission of course.The importance of this is, you will learn a great deal while making good profit simultaneously. I used this strategy when i contacted Mrs. Helena Lindberg after reading great reviews about her in an online forum and after making contact, i started using her signals on a demo account which turned out really educative for me and when i applied her system to real trades, i was making returns of over 300% as profit bi-weekly, 4.8 BTC growing into over 11 BTC in no time. My suggestion is to find such a guide and get rid of emotions which would be counterproductive for you as an entrepreneur. [email protected] or +447427424057 (WhatsApp) are her contact details if you need a very accurate guide on how to build a great portfolio and start profiting from cryptocurrency

  7. This is a great video. I am using it in my own website about this topic here: https://binbitforex.club/%ef%bb%bfmust-know-before-cryptocurrencies-investing/

  8. Invested in Bitcoin with my savings of £70k with Donald Anderson . Then a terrible turn of events happened and I lost my house and my car but Thankfully, the Bitcoin i had invested saved my life and is still doing so till this day and i now have a better car and house. Lesson: remember to always invest for the rainy days because it will come

  9. Invested in Bitcoin with my savings of 30k with Shelby Alvani. Then a terrible turn of events happened and I lost my house and my car but Thankfully, the Bitcoin i had invested saved my life and is still doing so till this day and i now have a better car and house. Lesson: remember to always invest for the rainy days because it will come

  10. Bitcoin has again shot past $5,500 per bitcoin, giving fresh hope after been stuck in a bear market for some months now—the

    5th week in a row the bitcoin price has rallied. The bitcoin price has struggled to break out of its long-running bear market so far this year, with investors and traders desperately trying to call a bottom to the tumbling market. But right now it may seem a false alarm since the price has tumbled below $5,500 again. Well, a careful study shows this is only temporary as bitcoin is poised for a steady uphill move. What this means is there is no better time to accumulate bitcoins than now. What do you do after buying? One school of thought says to hold onto for maybe 10 years and cash out when the value moons but that is risky in all ramifications. The safest thing to do so as to take full advantage of the crypto era is to buy as much as possible and then trade to increase your holdings which you would have to use a whole lot of money to acquire if you where strictly a hodler. Find a trading platform that has at least 98.9% win rate and after testing, either as strategies or signals, be disciplined enough to stick with it. If you haven’t heard of Mr Jaxon Elliot, I’d be surprised because he has one of the best trading platform and signals for trading. He actually taught me most of what I know and I made my first $100,000 using the platform he introduced me to in just over 1 year. You can mail him on [email protected], if you need some help and have questions about being consistently profitable trader?

  11. have been able to groom a total return of 6BTC,in a two months courtesy of Lance Bernthal. Since joining his mining pool, i have now known the true feel of consistent and passive income. he's accepting units so dive in and mail him [email protected]

  12. I never thought I would be able to make profits after after losing almost all my savings trading on my own.

  13. Hello traders.. In trading crptocurrencys you have to understand the market if you really want to make profit consistently . In order to maximize your profits and minimize your looses.. I have a system that enables you earn the minimum of $20,000 a month anywhere in the world.. Be absolutely and 100% sure of an outstanding return on investment.. Let's win together. Never make the same mistake twice.. You can reach me via email at ([email protected])

  14. Six months ago I started trading cryptocurrencies, I studied and learned about analysis, how to read the charts, follow the news, etc. I started only with $1000 because I didn’t want to lose money learning.
    In one month, I turned my U$1000 in U$4800. When I did that I thought I had discovered my gold mine.
    In less than one week, I lost the U$4800 and U$1,000 more that I invested after that trying to earn the money back. fews weeks later in March i saw a comment, it was like a review talking about Mr. Erik how he teaches trading under two weeks, i decide to contact him. By mid March and he mentored me for just two week and that changed my story in crypto trading. Just two weeks and I have mastered the act of trading perfectly with just the help of Mr. Erik. I know many people might also want to learn professional trading and I will urge you not to waste more time and go ahead to contact Mr. Erik through his personal Email ([email protected]) or Whatsapp. +447426071628

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  16. I am using this FIATO app to send, receive or even convert my tokens into US Dollars without any fees. Besides, they do have a lot of promotions for new users. It's available on Android and iOS. Download NOW https://fiato.kryptono.exchange/

  17. I think the content of this video is great but nothing and I mean absolutely nothing beats trading with Pauline Burnett, she's super profitable and I've made over 10 btc worth of profits from trading with her

  18. My love for cryptos and the technology behind them is huge, that's why I’d want to share this interesting story with as many people as I can. I lost a lot of money and way more than half the value of my BTC which I purchased at $9,428. I was devastated and got desperate seeking options to recover my loss when I stumbled upon James Long on youtube. After considering the odds, I contacted him via mail, and the result was life-changing. That's when I realized that it is ok buying loads of coins for a future that could moon or completely dip and cost you your Holding. Well, I couldn’t lose any further cos I wasn’t HODling again and I also chose to try out James Long's signals. He gave me a basic understanding of the benefit of trading over holding especially in a speculative market. He then provided me with his daily signals and trading patterns, and within a month, I was able to make almost 600% on my Bitcoins. James Long never asked me to give him access to my account, you can always join the winning team of a more experienced trader with already working and proven strategy. If you have any inquiries, you can reach him on (jameslong241 @ Gmail. com) and gain reliable profit with your little experience in crypto.

  19. So much admire the technology of bitcoin most especially now i earn much bitcoins with Mr Donald earl. i keep saying this time is the best to invest in bitcoins holding yours wont help

  20. Hello everyone, Bitcoin is currently my most favorite thing and i completely love the technology behind it out of which has spewed several other coins. I know its quite unclear for many how lucrative bitcoin is currently as most people have lost several thousands of dollars already in holding their coins. In my case, i have earned thousands by following a less talked about approach which is trading. Trading is less affected by the speculative and unpredictable nature of cryptocurrency and with the right techniques and expertise, you can easily earn so much when others are actually making loses in an unstable market. There are several ways to make consistent profit but the safest and easiest from my personal experience would be using the guidance, signals and already proven trade strategies of a successful trader. Quite a few of them but my favorite would always remain Charles Robert. I was able to easily triple my portfolio in just 3 weeks of trading with him. It would be only fair for me not to hide such a gem in the space. You can reach him via: charlesrobert4242 @ gmailcom and ask him pretty much anything about trading and how he can help you become a better and more profitable trading of cryptocurrency. The best part of it all is his system is really easy to implement and i have learnt a lot already from him.

  21. Hi..its really hard to get an account on an exchange from the caribbean …wasnt able to.buy bitciom.tru any of.those exchanges you recommenced however i was able to purchase some bitcion from a provider but the fees are high compared to what id get off an regular exchange but im looking to invest long term .I'll definitely educate myself even more now on bitcion after watching this video .thanks for the info 1E9Vp5WFWqjNoqZgFMk5795LnNVgQBJqT5

  22. Awesome guide Ameer! Not enough videos out there that dumb it down and provide step by step procedures in how to get started. I wished this was around back in 2015-2016.

  23. it is impossible to research 5k+ coins lingering out there , and 10+ exchanges ! some are nothing but pure scams, some are just copy pastes of coins and some god alone knows what are they for. Nobody in the world today can actually tell you the truth about a coin unless it is ethereum. where they actually have a founder and working office with employees.

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  26. So you are telling people to open an account on coinbase. When they will be go under with all peoples money! Good one ! Dont listen to this

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