How to Invest in Crypto - The Ultimate Beginners Guide

The Moving Average
The Moving Average
18.4 هزار بار بازدید - 3 سال پیش -
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This video explains how to invest in crypto easily. It may in fact be the ultimate beginners guide on investing in crypto. Savings accounts are a thing of the past. You should be investing in crypto to generate long term wealth.

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There are many cryptocurrency exchanges for traders to choose from.

Cryptocurrency trading beginners may want to consider things like transaction fees, the type of cryptocurrencies available on the platform, special offerings like resources for education and other features that align with your interests and goals.

TradeStation, Coinbase, eToro and Gemini, among others, offer an easy, accessible and secure platform to own and transact Bitcoin.



Experts say it's best to take a balanced approach toward investing in cryptocurrencies. Putra says a small portion between about 2% and 5% can be allocated to crypto in your investment portfolio because the volatility of this asset can cause its value to change dramatically.

For investors who want to use cryptocurrency as a way to diversify their portfolio, Putra says cryptocurrencies, are one of the least correlated assets to stocks, bonds and a mix of other asset classes.

"Because of the low interest rates across bonds, there is a reshuffling of capital on a macro level out of bonds and into other assets that are more inflation-protected," Putra explains.

Investing in Bitcoin can seem complicated, but it is much easier when you break it down into steps. Buying Bitcoin is getting easier by the day and the legitimacy of the exchanges and wallets is growing as well.

KEY TAKEAWAYS
The value of Bitcoin is derived from its adoption as a store of value and payment system, as well as its finite supply and decreasing inflation.
While it is nearly impossible for Bitcoin itself to be hacked, it is possible for your wallet or exchange account to be compromised. This is why practicing proper storage and security measures is imperative.
Investing or trading Bitcoin only requires an account on an exchange, though further safe storage practices are recommended.
Before You Buy Bitcoin
There are several things that every aspiring Bitcoin investor needs. A cryptocurrency exchange account, personal identification documents if you are using a Know Your Customer (KYC) platform, a secure connection to the Internet, and a method of payment.


NOT FINANCIAL ADVICE DISCLAIMER

The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional.

*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future
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3 سال پیش در تاریخ 1400/02/16 منتشر شده است.
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