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Author Topic: How to Invest in Crypto?  (Read 224 times)
alvinaswan
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April 02, 2018, 06:21:16 AM
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I'm a noob in crypto I need some suggestions about crypto how can I invest in crypto currencies which coin will be suitable for a newbie to check market trends.
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April 02, 2018, 06:47:26 AM
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First of all, welcome to the forum. You should take some time to read through the newbie and beginner section and find the posts that cover your question. <There are lots of them>

I think the easiest thing for you to do now is to search for a local Bitcoin exchange and then to register there. You then go through all the verification procedures <KYC/AML> and you deposit some money. You then use that money to buy your first bitcoins and some other Alt coins, if they have it listed there. <It is always good to start with Bitcoin first>

Hope you have a pleasant journey. ^smile^

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April 02, 2018, 06:47:47 AM
 #3

To invest in bitcoin or the crypto market you need to prepare the knowledge and you have to have money, and you make the investment decision.
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April 02, 2018, 06:54:24 AM
 #4

hello, i will tell you how i was investing in crypto. i set up the account on the trading floor and i put money in to buy the good coin, when the project succeeded and the coin got Great value I sell them off, you can do that
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April 02, 2018, 06:56:08 AM
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Choose a good project and have a big support community, invest and help make that project a reality and come to work.
alvinaswan
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April 02, 2018, 06:58:27 AM
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First of all, welcome to the forum. You should take some time to read through the newbie and beginner section and find the posts that cover your question. <There are lots of them>

I think the easiest thing for you to do now is to search for a local Bitcoin exchange and then to register there. You then go through all the verification procedures <KYC/AML> and you deposit some money. You then use that money to buy your first bitcoins and some other Alt coins, if they have it listed there. <It is always good to start with Bitcoin first>

Hope you have a pleasant journey. ^smile^

thanks for detailed response
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April 02, 2018, 07:04:40 AM
 #7

I'm a noob in crypto I need some suggestions about crypto how can I invest in crypto currencies which coin will be suitable for a newbie to check market trends.
There are lots of experiences you can learn in this forum. The first thing you have to do is read and learn a lot. u must really involved in the market, when lost you will understand it. Financial markets are difficult to learn through books. This market is full of blood and tears, you have to bleed to learn it. Good luck
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April 03, 2018, 09:56:05 AM
 #8

YOu can invest in cryptocurrency different ways, you can buy token from ICO or you can buy token from exchange and hodl for long term, first of all you study about the project before you invest in
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April 03, 2018, 10:03:38 AM
 #9

I'm a noob in crypto I need some suggestions about crypto how can I invest in crypto currencies which coin will be suitable for a newbie to check market trends.

The best coin for any season is Bitcoins, you won't find a better coin than this so I would strongly recommend you to buy this coin and it'll be worth it over the long run.

If you want other alts then my suggestion is to buy bitdice tokens you get dividends from them this will passively build your income.

Other Alts to consider are Etherum, DeepOnion, Iota.

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Xester
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April 03, 2018, 10:06:58 AM
 #10

I'm a noob in crypto I need some suggestions about crypto how can I invest in crypto currencies which coin will be suitable for a newbie to check market trends.

If you are a newbie then don invest in just any other coins and select bitcoins. Bitcoins is at its lowest today and later this year it will go up. But remember that you must not sell all your resources and make a huge loan just to buy bitcoin, instead just buy what you can afford to lose. Also do not invest on altcoins if you are not sure since altcoins have a higher risk than bitcoin.

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April 03, 2018, 10:13:37 AM
 #11

I'm a noob in crypto I need some suggestions about crypto how can I invest in crypto currencies which coin will be suitable for a newbie to check market trends.

First of all, if you will be investing larger sums, you should get one of the hardware wallets to secure your investments. If you are from Europe I would go with Bitstamp, otherwise Coinbase or Gemini. You should avoid storing coins on exchanges. And at least at the beginning stay away from trading as that is a shortcut to losing your crypto assets if you are a rookie.

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April 03, 2018, 10:15:20 AM
 #12

Welcome! If you have fiat money or money on your debit card - for buying crypto better use any exchange services (localbitcoins for example).

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April 03, 2018, 10:16:07 AM
 #13

I'm a noob in crypto I need some suggestions about crypto how can I invest in crypto currencies which coin will be suitable for a newbie to check market trends.
First you should install a wallet dedicated for the cryptocurrency you want to buy, for example you want to invest in Bitcoin, you need to have a Bitcoin wallet like electrum or buy a hardware wallet to secure your Bitcoins and have a full control of it and you can also store other cryptocurrency in hardware wallets, just make sure to check if the coin you want to buy is supported by the hardware wallet you have. You can buy cryptocurrencies in exchanges like coinbase, localbitcoins, bittrex, poloniex, binance, etc. For beginners it is recommended to try to invest first in Bitcoin, but as a newbie you should first understand everything you need to know about cryptocurrency and decide later on which coin you want to trust.
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April 03, 2018, 11:02:43 PM
 #14

There are a few thing one must have before investing. You must have own research and knowledge about the market and ICOs. There are plenty of articles and posts regarding it. Then you should invest as much as you can afford to lose. And the key thing is to have patience.

I don't think the amount of investing will decide that is a smart invest or not, even through if you can't efford to lose those investments but you did win so nothing bad will happen to you right ?
I know that we can't say anything when we're investing in something but actually there are some personal tricks to increase the percents of success if you have it .
Only invest when you're well-known about it would be a small tip for winner.

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April 03, 2018, 11:11:00 PM
 #15

Welcome to the forum!
If you haven't already, I suggest reading the bitcoin whitepaper here - https://bitcoin.org/bitcoin.pdf
More great learning resources - https://lopp.net/bitcoin.html
Also, you'll find a lot of useful information on the beginners and help board - https://bitcointalk.org/index.php?board=39.0
Good luck!

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April 03, 2018, 11:20:08 PM
 #16

I'm a noob in crypto I need some suggestions about crypto how can I invest in crypto currencies which coin will be suitable for a newbie to check market trends.

     Hi,the first thing you can do are keep on reading first in meta section you can find here beginners and help then after that  you can find social media campaign where newbie are allowed to join to earn bitcoins. If you want to invest now,well it is a good opportunity for you,you can buy bitcoin now at a lowest price then hold it for a long period of time if you want to earn much more. Bitcoin is the best investment and trusted od many people. Learn more before investing on other coins here in crypto world. Remember just invest the amount that you can afford to lose because investing in crypto are so risky. Goodluck!!!
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April 03, 2018, 11:32:33 PM
 #17

If you decide to invest at this moment, then your decision is very precise and excellent, at a price that I think is cheap at the moment will take you in big profits, and you better invest in ethereum or bitcoin.

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April 03, 2018, 11:35:28 PM
 #18

If you are an absolute newbie,  I would like to recommend to you of buying of Bitcoin first. Alts to buy later or during altcoin seasons.
Create a bitcoin address with private keys you know.

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April 03, 2018, 11:36:42 PM
 #19

Find a trustworthy exchange that your country is ok with, and google the rest.
This forum and reddit are both weealths of knowledge.
Welcome aboard!

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April 03, 2018, 11:37:33 PM
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If for beginners you better invest in bitcoin, buy bitcoin and hold for a while until the price goes up further back, and you need to be patient for it all.
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