Crypto Introduction

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As the world's first digital currency, Bitcoin has been around since 2009. The cryptocurrency is an automated peer-to-peer payment system that operates without any central authority. Bitcoin didn't even exist until 2009, but it has taken off in recent years and become a hot topic among investors and enthusiasts alike. But what exactly is this thing called "crypto" anyway? And how do you invest in it? We're here to help!

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How do you make money trading money?

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If you’re a beginner, it can be difficult to understand how to make money trading crypto. But don’t worry! You have plenty of options for making money in this space.

First, let's look at some examples of what people are doing today:

• Buying low and selling high. This means buying when the price is low and selling when the price is high. You’ll want to do this by first looking at historical prices for any crypto token—you can do this by checking out CoinMarketCap or Coinlib—and then assessing its health based on those prices (e.g., does it have many transactions?). After determining whether or not your token seems healthy, you should probably sell right away if all signs point toward an imminent collapse; otherwise hold onto it until further notice (or just hold). Remember that this strategy requires patience as well as good timing; if things go wrong while they're happening fast enough then they might not work out so well either way!

 

What are the risks?

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There are many risks, including:

• The risk of losing your money. This is the most common risk that investors face in crypto. If you don't know what you're doing and make a bad investment decision, then you could lose all of your funds.

• Fraud or theft by cybercriminals who may try to steal your coins by hacking into them or copying them onto another wallet that they control (called "inside trading").

• The risk of losing access to certain features on wallets (for example, if an exchange gets hacked).

 

Why not just buy and hold Bitcoin?

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You can't buy and hold Bitcoin.

Cryptocurrencies are volatile assets, which means they're subject to dramatic price swings in short periods of time. This is a fact that's been proven time and time again over the past few years, but it doesn't make it any less true. What do I mean by "volatile"? Well, let's take an example: If you had $50 in your savings account at Wells Fargo Bank today (October 1st), then tomorrow morning (October 2nd) someone comes along who wants $10 from your bank account because they heard about bitcoin on CNBC or some other news source that told them how great it was going to be! Your checkbook balance will have gone down by 10% overnight—and no amount of cajoling or begging for forgiveness can change this fact forever unless you want to lose all those dollars altogether!

 

What's a smart strategy for investing in Crypto?

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There are a few basic strategies that you can apply to your Crypto portfolio. The first is to make sure you invest in the long term, so that you can sleep at night knowing that your investments are safe. You should also diversify your portfolio by investing in different coins and tokens (not just Bitcoin), since individual cryptocurrencies may have different market caps and values.

Finally, it's important to stay aware of the risks associated with investing in Crypto—and don't be like me: I bought way too much at once without realizing how volatile it was going to be! Instead, try to invest only what you're comfortable losing if things don't go well for one reason or another; otherwise there's no point in buying any digital currency at all!

 

Say No to ICOs.

 

ICOs are a bad way to invest in the cryptocurrency market. They have no regulations and are unregulated, which means you can lose your money if something goes wrong.

ICO's are also risky, because there is no guarantee that the company will be able to deliver on its promises or deliver their product as promised. In addition, most ICOs are scams designed just for getting people's money so they can run away with it later on!

 

Don't believe the hype.

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The only thing you can be sure of is that there will be a lot of hype. This is especially true when it comes to the latest crypto craze. Don't believe the hype, and don't invest more than you can afford to lose.

Don't invest more than you are willing to lose."

Crypto is a long-term investment, not a get-rich-quick scheme.

You have to be smart about crypto. It’s not a get-rich-quick scheme, and it’s not a short-term investment.

Crypto is a long-term investment that will take time to build up your wealth with dividends—and there are lots of ways you can make money with this technology!

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Conclusion

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This post is intended for the crypto trading community, of which I am a part. I'm a long-term holder who made my first BTC in 2013 and regularly holds around 100 BTC (or more) worth of crypto. I'm also one of the founders of Altcoin Buzz, an app that helps you stay up to date with all things crypto! If you're new to Altcoin Buzz, check it out here: https://itunes.apple.com/us/app/altcoin-buzz/id1212616492?mt=8

My goal (and the goal of this essay) is to help the novice trader understand what they need when investing in crypto. We are currently at a crossroads where most people think they know everything about cryptocurrency because they've heard others say "this coin is sooo undervalued!" or "the price is going to moon!" and are left scratching their heads: Why do we care about these altcoins? How should we value them? What's actually going on here?

I have been lucky enough to meet some great minds throughout the cryptosphere and have been given some great advice over time. Some people brag about their incredible success and riches; but these successes are fleeting: no one will be able to keep a hold on them forever . They will lose millions and millions of dollars in value overnight, sometimes even months after they started their journey into blockchain tech. At best, someone may become multimillionaires if they had enough foresight, but there's no guarantee that fortune will last long; constant market shifts can take away those gains overnight! The same goes for altcoins! No matter how good your strategy may be for making money from trading coins like Bitcoin or Litecoin... it won't work forever . That being said, there are countless ways you can make money from cryptocurrency; but only if you get your