You can trade, why not? Only that way you can learn something, experience is a matter of time. But remember to learn something first. You need to have some knowledge about cryptocurrencies, just take your time and watch the market's fluctuations. Then, find a user-friendly exchange which can help you to trade. Check CoinDeal, I think it could be nice for beginners. Moreover, you can use their new feature called the Galaxy Score which can help you to decide when is the right time to buy/trade and which coin.
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Why don't you simply use one of the cryptocurrency exchanges? Buying, selling or trading there is quite profitable, fees aren't so high. For example CoinDeal - their fees are really attractive and deposits in EUR, PLN, CHF, GBP or USD are free of charge. To me, that's enough. If you decide to buy/trade bitcoin without any fees, it's probably a scam.
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There is no doubt that binance exchange is the best exchange here in crypto world, it is the most trusted and popular exchange and i am sure that trading on binance will be very worth it and i suggest that hitbtc is also one of the best exchange now.
Well, really? Maybe for you, but not for everyone. I prefer "small" and reliable exchanges like for example CoinDeal than the popular ones like Binance. For me, the most important is security and I always use only the exchanges with the highest security standards.
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Everything I knew was the fact that Bitcoin is a virtual money. Bitcoin was something quite mysterious to me and I had never thought that I would be a part of the cryptocurrency world. Now I'm super glad that I've decided to invest in cryptocurrencies.
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There are a lot of scams in this cryptocurrency world. Safety is my priority so I recommend to buy Bitcoin ONLY on the reliable cryptocurrency exchanges (like for example CoinDeal, Kraken or Coinbase), this is the most important rule for me. It's good to verify the information which is said on the internet. do not trust everyone.
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Well, you took the risk so be patient right now and learn. This is your experience, just learn from your mistakes. Take your time and do a research on the internet, find some reliable forums (like this one) and gain some knowledge about investing in crypto. Look, stay calm, this is one of the best moments to buy crypto, because prices are quite low, read this article: https://buycoinnow.com/blog/buy-bitcoin-when-the-price-is-low, it could be helpful for you right now.
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Not so soon in my opinion. For now, cryptocurrencies are not so commonly accepted. Cryptocurrency is another payment option but not everywhere. It need to be oficially accepted by governments. But to me - it's still a distant future.
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If you want to trade check CoinDeal. It was named as the best trading platform for EU in 2019 according to the cryptomag.me. This exchange definitely deserves that 1st place in my opinion. Quite new platform but very fast-developing, they have just entered the US market.
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As a beginner with trading cryptocurrencies, you should spend your time now to learn the basics of trading and to get the required knowledge. You can get a lot of useful information about trading from this forum, and from so many trading blogs freely accessible online. There are also many Youtube channels that teach the basics of trading.
Right. Just take your time and learn. This is your key to success. Experience is the matter of time so learn also from your mistakes. If you feel confident enought to start trading, find a proper exchange. I recommend you CoinDeal, because it's very user-friendly. Moreover, they have a new feature called Galaxy Score which can help you to decide when to buy or sell and which coin.
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I don't know what exactly did you mean. Not everyone is okay with cryptocurrencies, not everyone can invest and take that risk. It's all about personal preferences. But, If you find a reliable, user-friendly exchange (like for example CoinDeal or Kraken), the process of buying/selling/trading could be definitely user-friendly.
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I want to believe that Bitcoin is a future but I'm not sure. I think that not Bitcoin is the future, cryptocurrencies are the future. I'm talking about how cryptocurrencies work and they are build, this is definitely futuristic for all currencies worldwide.
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Personally I would choose Bitcoin, but it doesn't mean that gold is a bad idea. Both could be profitable. I need to say that cryptocurrencies are more risky and less safe than gold. Recently, I've seen great article about that, I'll leave it here: https://buycoinnow.com/blog/what-is-a-better-investment
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In my opinion, exchange is definitely better than mixer. But you need to find a great one, not every exchange is reliable. Anyway, exchanges are safer, and you can trade there. Check out exchanges like Kraken or CoinDeal, these two are my favourites. In reference to CoinDeal, this is the most profitable exchanges for trading imo because they have free deposits and what's more - you can use Mistertango to deposit your funds in EUR (your funds will be settled in 3h).
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Both could be profitable. It all depends on your personal preferences. I consider investing in gold as a more stable and less risky than investing in the cryptocurrencies. But let's face it: investing in the cryptocurrencies is our future, gold is something more "classic". To me, cryptocurrencies are more interesting than gold... But as I've said - this is all about your preferences. Moreover, investing in gold is definitely safer to me. There are a lot of scams in the cryptocurrency market.
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Check out CoinDeal. This is quite "young" cryptocurrency exchange and as far as I know they have a VIP affiliate program and then you can have more profit than the usual users. But even if you are not VIP, their affiliate program is very profitable so you can try.
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You can buy Bitcoin online at one of the "cantors", I often use this one: buycoinnow.com and this is the best way of buying Bitcoin in my opinion. This whole process is very quick and simple so don't worry. You can pay with your credit or debit card.
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The most important two things: 1. Use the reliable cryptocurrency exchange. Choose the popular one, with quite interesting fees and check out its security practices. I can recommend Kraken or CoinDeal. If you are a beginner, CoinDeal would be even better because it's very user-friendly exchange. 2. Cold storage is the safest way of storing your coins. Invest in the hardware wallet like for example Trezor.
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But the most important thing is the experience and spirit of steel. You may lose in a few days, but don't let the frustration discourage you. In the field of trading, traders will usually trade if they think the win rate is higher than the loss rate of about 10%. So before you really trade, you need to understand this rule to avoid account burn. good luck
Well, It's good to learn from your mistakes. Don't stop learning, read a lot of professional websites or forums and try to know new things. Watch the fluctuations all the time, every day. I need to add one more thing: choose wisely. Use a reliable cryptocurrency exchange like KuCoin or CoinDeal, do not trust everyone on the internet. There are a lot of scams so watch out. Hold. And what's the most important: never invest money that you can't afford to lose.
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Anonymity isn't anything good, especially not in the cryptocurrency world. To be honest, I feel definitely safer when I use a cryptocurrency exchange with mandatory registration and verification. It's all about users' safety. Now I use CoinDeal and I'm glad that every user need to be fully verified to trade. It makes me calm. So, if we were anonymous everywhere on the internet, it would be a huge risk of scams etc.
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Well USA didn't ban Bitcoin,but they have a lot of restrictions. Many exchanges are available in the USA, recently I've seen that CoinDeal entered the USA market. So, cryptocurrency market in the USA has been constantly developing. In my opinion, that's just impossible for USA to ban Bitcoin comprehensively.
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