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Showing posts from April, 2022

How much should I invest in cryptocurrency as a beginner?

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 Since Bitcoin started in 2009, the cryptocurrency market has grown exponentially. Today there are over 1,500 tradable coins on the market, with new coins being created every day. It's never been a better time to invest in cryptocurrency and one of the most common questions beginners have is how much should I invest? But just as people's responses to "How do you make money?" can vary greatly, so can their approach to investing in cryptocurrency. What most people do agree on, is that you should invest only a portion of your savings in cryptocurrency. While the market has grown exponentially, it still carries significant risks and each person should determine exactly how much money they are comfortable investing. The Future of Cryptocurrency For many people, cryptocurrency is a way to enjoy the benefits of a free financial system - one that is not reliant on banks or government. Mt Gox, the first major Bitcoin exchange, went offline in 2014, losing more than $400 mill...

How do you trade cryptocurrency for beginners?

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Cryptocurrency is an ever-growing market where most projects are not only decentralized, but they run on a peer-to-peer system. This means that it's not easy for the average person to purchase their first cryptocurrency unless they know what they're doing and how to do it safely. A lot of people rely on more experienced users to help them out. This is because trading crypto isn't an easy thing to do, especially when you're just starting out. It's better to learn how to do it the right way and not get scammed than to learn the hard way. Therefore, I'm going to share with you some tips on how you can trade cryptocurrency for beginners; 1. Start small, go big later on; Since you're a beginner, don't start off with a big amount of currency or money ; start small and build upon it as you learn more about the market and your trading skills get better. This is because you might lose a lot of money in your first trade, and this will stop you from learning how t...