Ready for the bumpy road?

in #bitcoin7 years ago (edited)

volatility_0.jpgAs I have already introduced myself earlier. This is gonna be a guide to crypto for those who are on it and those who are thinking of entering it.
First of all let me start with the process of entering market to the new comers let me point it out in bullets

  1. First of all gather some money from the saving or investment you have(Only take that amount of money which if you invest and lose can sleep peacefully at night:-))

  2. Buy bitcoin with many sources available like https://localbitcoins.com/, https://www.Coinmama.com/?ref=santosh, coinbase, bitfinex, etc (If you need support in buying bitcoin you can DM me)

  3. After buying bitcoin open account in any of exchanges like bittrex(recommended), cryptopia, liqui, etc google for more

  4. Generate bitcoin address in exchanges by going to the wallet or account section of exchange and send the btc you bought to that exchange

  5. After your bitcoin arrives in exchange you are ready to start trading

Now you are ready to start trading you should be aware of the coins as there are more than 700 coins upto date and they each function separately so you have to do your research or take services of crypto advisors in the begining who teach you as well as give you profitable trade and different person charge differently ask for their free trials first then only enter by paying amount.( Don't fall for get rich quick groups, they pump and dump on you only)
While you are on trading please be aware that it is in its early phase so there is very much volatility so don't blindly invest or trade if you don't know what you are doing. The total market capitalization of cryptomarket at the time of writing is Market Cap: $132,539,517,534 / 24h Vol: $5,292,638,241 / BTC Dominance: 46.9%, the daily volume is increasing day by day and many coins are in ATH level so research before investing(but one thing is there is no ATH in crypto market at this time , it is just for letting you know buy the dip not the tip without knowing.
So If you are ready for a bumpy ride get in its very amazing and you will never regret. Happy Trading and Investing.

This much for now please upvote if you like and give me suggestion about what I should write in further articles so that I can help you solve your problem.

If you want to know further about how, when, why and where to invest in crypto and other related matters you can follow me or chat with me on twitter with name @vergecrypto or telegram @vergeprivacy or facebook at https://www.facebook.com/groups/889373487847065/ (Group)
https://www.facebook.com/santosh.poudel.549

Image Credit:- http://www.learntotradethemarket.com/blog/how-changes-in-market-volatility-should-influence-money-management

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