How do I invest in cryptocurrencies?

1 Choose the best cryptocurrency for you

One of the most common doubts of people who are just beginning in the world of cryptocurrencies is how they can invest in them.

If in 2009 when Bitcoin started, you would have bought only $ 100 in this cryptocurrency, for today you would have millions of dollars available.

Of course, all this thanks to the great growth that this currency has had during the last years.

Bitcoin, turned thousands of people into millionaires. The good news is that today there are many platforms with this same vision.

To join this cryptocurrency fever with a future, the first thing you will need is to choose the digital currency that you like the most to start investing.

You can choose one of the coins that I mentioned above or you can choose another that you prefer.

Take into account that all the cryptocurrencies that I have shown you so far are very good and promising, but they are not the only ones in the market.

Once you have chosen the currency in which you want to invest you must open a digital wallet.

A digital wallet is what will help you store your cryptocurrencies and make transactions with them later.

If this is the first time you invest in digital currencies and you still do not know very well what the operation of virtual portfolios is, do not worry.

Here is an article in which I explain everything about this topic and how to create your digital wallet step by step:https://gananci.com/monedero-bitcoin/

2 Buy cryptocurrencies to invest

Once you have your digital wallet open, it is time for you to know the options with which you can invest in digital currencies.

The first of these is the direct purchase of cryptocurrencies through virtual exchange houses or exchanges. An exchange is a website that functions as a kind of virtual market.

In it, both buyers and sellers of cryptocurrencies publish their offers to make their transactions.

In exchange for serving as an intermediary, the exchange requires a small commission for each operation, which is usually charged in cryptoactive.

The vast majority of these platforms has a virtual wallet that helps you store the cryptocurrencies that you buy or sell.

Once you have purchased your coins and are in this purse, you can transfer them to any other purse that is of your choice.

What good will it do you to do all this? To save the currencies you buy until its value rises, and thus get your investment to multiply.

It's the same thing that happened with the Bitcoin a few years ago: if in 2011 you had bought a Bitcoin coin that was worth $ 8,14, today you would have in your account $ 7,292, which is what a Bitcoin coin is worth today.

You must bear in mind that there is a large number of exchanges in the market and each one works differently.

In any case you must be sure that the platform you are trusting is completely safe and has a good reputation.

There are platforms like Coinbase in which, in addition to being able to buy more traditional currencies such as Bitcoin or Ethereum, you can buy cryptocurrencies with a future like Litecoin or Bitcoin Cash

3 Invests in cryptocurrencies through trading platforms

Another way you can invest in cryptocurrencies is through conventional trading platforms.

A trading platform is a system in which you can invest in different assets, from shares of companies, national currencies such as dollars or euros and of course also digital currencies.

Trading platforms have become one of the most common means to invest in cryptocurrencies in a fairly safe way.

Like the exchanges, these systems serve as intermediaries, but their operation is different.

I, for example, have a couple of years using a trading platform called eToro.

This platform in addition to being a conventional trading system has an advantage that very few brokers have: eToro offers you the opportunity to do what they call "social trading".

This means that by just registering on this platform you will be able to copy the movements of other investors with good results.

• Risk alert: 65% of retail investor accounts lose money when operating CFDs with this provider. That's why you should consider if you can afford the high risk of losing your money.

You will not have to select in which asset to invest, you just have to choose another investor or trader you want to copy and the system will do all the work for you.

EToro is currently one of my favorite methods to invest in cryptocurrencies and I can assure you that it is 100% recommended.

But if you want to have a greater choice of cryptocurrencies in which to invest through trading, then the site that I recommend 100% is IQ Option.

In IQ Option the list of crypts is much bigger: you can invest in Bitcoin Cash, EOS, Cardano, IOTA, Zcash, Ripple, and many more.

In particular, I have tried all these types of investments and with all of them I have had good results.

You must take into account that the platform you choose will have a lot to do with the results you obtain.

What I can recommend is that you choose the way you like the most and with which you feel most comfortable. And of course you are very careful in choosing the system in which you will do your operations.

In the following section I will give you some recommendations of platforms with which I have had a very good experience investing in digital currencies.

The best part is that many of the future cryptocoins I mentioned earlier are included in these systems.

General Risk Warning:
. All investment involves risks. Only risk money that you can afford to lose. Past performance is not an indicator of future results. The purpose of this content is purely educational and should not be considered an investment advice. My readers are the most important thing in the world to me, and I do not want them to spend money they do not have.

Edit: Rock
Source:https://gananci.com/criptomonedas-con-futuro/