What do I need to get started with investing in crypto? Any help is much appreciated!
Want to help Mary with this?
Start private chat
If you're looking for currency the first thing you need to do is to get yourself a wallet. Coinbase is a great place to start !
Hi Mary, You will need a coinbase account
I can send you a referral code so you can get a free 10.00 with your new account for signing up
and I can help you one step at a time.
Do you know what coins you want to invest in? Always remember do not invest what you can not afford to lose..
Is the first rule to investing in anything..
alway set up the 2-step authentication on your account to help keep it safe.. I recommend you do this with all accounts on exchanges,,
I can help you set that up as well..
Ok.. Let me know if you have any issues or need help
With a coinbase account you will be able to purchase Bitcoin, ETH and Litecoin.. If you want to purchase other type of coins in the future like Ripple for example, you will have to set up an account on a different exchange like Poloniex for example. I can walk you through that as well.. https://poloniex.com/exchange#btc_bch
when and if that time comes..
Well, if you haven't done research into which coin you want to get into that is a way to go. Some of the older cryptos are a safe bet, ie bitcoin, litecoin, dash, ethereum, monero. That is if you want to put money into crypto and hold (or as older people say hodl ;D). There are a bunch of ICOs that are coming online that promise much, but are standoffish with US investors. (that's due to the SEC wading into the mix and ICOs could be considered securities) When it comes to it cryptocurrency is just another form of cash. You can find which vendors are accepting it as a form of payment and if you know of a vendor that is not you could approach them and ask if they do, open their eyes to it. There is a site: www.cryptofunds.online that could explain some things to you.
Hello Mary I would love to help you out. First familiarize yourself about what cryptocurrency and blockchain technology is all about. then go through the top 10 coins in terms of market cap which you can find on this website: https://coinmarketcap.com ... go to their relevant official websites and read about them... then consider ICOs as the right ones could give you 10x the returns of more established coins once they hit the exchange after launching and finalizing their campaigns... You can learn more about active, upcoming and recent ICOs on this website: https://www.icoalert.com... if you need any further help please know that i am always a message away. Hit me up whenever you need any assistance. Cheers
You will be needing a wallet, either a soft wallet or hard wallet and an account with one of many cryptocurrency exchanges out there. Coinbase is one of the popular ones. Most exchanges come with their own wallets so you may not need an extra wallet for that. Then you buy and sell currency, just like you would do on fiat currency FAX pairs (i.e. USD/EUR).
Hi Mary, first of all is understand what blockhain means. After that the wallet (send and receive), than the exchanges and trading.
After this first steps you will be able to understand more about each coin technology and purposes. Study trade analysis is also required.