Update 9writing expendition/Wednesday, Crypto currency|| by @parineeta

Hello and welcome to my today's blog. I hope everything is operating properly and that you had a good day. Today I'd like to submit my another contribution to this amazing contest here in this community, as we all know that Wednesday is a day for crypto and technology topics according to the community's calendar. Today, I'd want to share with everyone the things they should think about or do before investing in any cryptocurrency in the crypto market. I hope and believe that my post will be beneficial and helpful to newcomers to the site as well as bitcoin.

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Things to think about before investing in any cryptocurrency

Cryptocurrency is extremely hazardous and should not be used by individuals who do not understand how it works. The reason for this is that you may suffer significant financial loss or fall into the clutches of crooks.

Select a superior cryptocurrency exchange broker or platform:

Depending on the platform you work with or trade on, you can be successful with cryptocurrencies. There are numerous platforms that are never user-friendly, but others can also assist you in navigating the bitcoin world. I recommend that you begin your crypto journey with Binance. You can register and participate in tutorials on how to use the exchange, as well as earn money while doing so.

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Choose a cryptocurrency and investigate its history

Going into too many deals is never a good idea for a rookie cryptocurrency user; instead, focus on coins that are less expensive, easy to anticipate, and favourable to their owners. To choose a certain cryptocurrency, you must first examine its liquidity and supply, which means you must examine the amount of the coin offered to its customers as well as the market value of any cryptocurrency you wish to purchase.

white paper

Every organisation or company in the world has its own white paper, therefore any cryptocurrency you want to invest in must have one as well. This white document governs all aspects of the cryptocurrency, including when it was founded, how it has grown, and how frequently people buy and sell it.

Friends' suggestions:

To become a successful cryptocurrency trader, you must be close to people who know more about cryptocurrencies and have been trading cryptocurrencies for a long time. You can obtain an update on coins that have fallen and climbed from them, and from there, you can make a good decision on which cryptocurrency to invest in.

A list of cryptocurrency investments for 2023

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Steem: Currently, steem is a nice coin to invest in, but given that it has lately lost value due to other cryptos in the market losing value, I believe steemit is a solid investment.

Tron: I believe Tron will be a good investment in 2023. Investing in Tron involves a lot of patience because it rises seasonally and you will need it in the future.

Lunc: Although it has no worth currently, this coin is a fantastic and cool investment until 2023. I believe it is wiser for us to buy and conserve them now since they will be very valuable in the future.