How to start with cryptocurrencies?

[yeamin.rsl]

Before you do anything, set aside time to wrap your head around what cryptocurrency is. Start with the basics; you’ll need to have a foundation before you jump into investing. Understand how blockchain technology works. Then The best way to get started with cryptocurrencies is to buy some Bitcoin . Explore altcoins and advanced trading options. Bitcoin is not the only cryptocurrency you can purchase. There's also thousands of different altcoins, which is a term that simply refers to cryptocurrencies that aren't Bitcoin. Some altcoins such have market capitalizations worth billions of dollars, while others are much smaller. Here's some of the most popular altcoins are : Ethereum, EOS, XRP, Litecoin etc.

Some of the youtube videos that can teach you more easily :
1. https://www.youtube.com/watch?v=xYWMzczqgk4&t=300s
2. https://www.youtube.com/watch?v=FRSIXQv7Y7g

Hope it will help you.

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[Amel]

I think it's exceptionally helpful gathering, numerous commitments here, including those of you who need to begin with digital money, so be astute and don't be affected by publicity coins in the event that you can't exploit it. It will ordinarily rely upon your own what you need to do beginning with putting resources into crypto is a decent long haul speculation and you have to keep your own key secret phrase secure to protect your wallet.

[Asuspawer09]

Good day all!
I am from Poland and after doing a lot of research regarding cryptocurrencies I decided it would be a good moment to dive into the subject. I said to myself: yeah man! let's buy! And then it dawned at me that I have no idea how to go about that. How to "start with bitcoins". The hell am I supposed to do? Let's say I buy one and then what? Could you please give me a hand good people? I suppose there are relevant threads on this forum that would explain all the basics to me and gave me a helping hand in starting my journey with crypto.

First, learn everything that you need to know about cryptocurrency, bitcoin, etc. do a lot of research so that you understand what you are in to.

Pick a wallet or exchange where you want to invest your fund's websites that are legitimate and trusted by the community.

Pick if altcoins or bitcoin, buy it or invest in it, and then sell it at the right time to earn a profit. You are going to get a lot of experience trading and know it eventually plus the forum is a big help.

[AakZaki]

~snip~
Though trade has it bad and good side, it should be learn before venture into as it require skills. You can also consider good projects with established products for staking coins, though, this is much as trade as market volatility depends on their end results.

Trading is very important to learn, because trading knowledge is the initial capital to invest and start trading cryptocurrencies. The pros and cons of trading are very common, as they all come with risks. If you study diligently, the knowledge of commerce will be well mastered.

and what must be considered is that investing and trading cryptocurrency has a high risk and must be prepared for all the risks.

[CryptopreneurBrainboss]

Bitcoin is volatile and its movement is not that stable, it can either go up and down so you need to invest also in other cryptocurrencies.

Well it seems you're not following the market then if your advice to invest in altcoins revolves around the reasons you gave and I qouted above. Altcoins are even more volatile than Bitcoin so if you're trying to minimize your risk, either make use of stablecoin or go invest in other assets available like stocks or previous metals.

Investing in altcoins should be for the technology, as they have quite a lot to offer to the industry. The Ethereum blockchain as an example has brought in quite a number of development that if it wasn't to be in existence won't have existed. Forget about the other so called Ethereum killers because without ethereum the possibility of them coming into existence is minimum.

I love altcoins, they're quite interesting if you take your time to study them but never invest in them just because you think going 100% in bitcoin is risky.

[noormcs5]

Good day all!
I am from Poland and after doing a lot of research regarding cryptocurrencies I decided it would be a good moment to dive into the subject. I said to myself: yeah man! let's buy! And then it dawned at me that I have no idea how to go about that. How to "start with bitcoins". The hell am I supposed to do? Let's say I buy one and then what? Could you please give me a hand good people? I suppose there are relevant threads on this forum that would explain all the basics to me and gave me a helping hand in starting my journey with crypto.

1 bitcoins is around 10,500$ now. Do you have money to buy one bitcoin ?
If you bought one bitcoin and have no idea about it, the best thing is to keep it save and do not trade/invest anywhere. Meanwhile try to learn about bitcoin and crypto currencies through this forum.

[FIFA worldcup]

Good day all!
I am from Poland and after doing a lot of research regarding cryptocurrencies I decided it would be a good moment to dive into the subject. I said to myself: yeah man! let's buy! And then it dawned at me that I have no idea how to go about that. How to "start with bitcoins". The hell am I supposed to do? Let's say I buy one and then what? Could you please give me a hand good people? I suppose there are relevant threads on this forum that would explain all the basics to me and gave me a helping hand in starting my journey with crypto.

First, learn everything that you need to know about cryptocurrency, bitcoin, etc. do a lot of research so that you understand what you are in to.

Pick a wallet or exchange where you want to invest your fund's websites that are legitimate and trusted by the community.

Pick if altcoins or bitcoin, buy it or invest in it, and then sell it at the right time to earn a profit. You are going to get a lot of experience trading and know it eventually plus the forum is a big help.

Trading require a lot of knowledge and experience and since OP is a newbie and do not know much about bitcoin, it will not be fair to advise him to trade right away. Also there are many scams investments these days though which OP can lose his money. I guess better learn more about bitcoins before actually buying bitcoins.

[Asuspawer09]

Good day all!
I am from Poland and after doing a lot of research regarding cryptocurrencies I decided it would be a good moment to dive into the subject. I said to myself: yeah man! let's buy! And then it dawned at me that I have no idea how to go about that. How to "start with bitcoins". The hell am I supposed to do? Let's say I buy one and then what? Could you please give me a hand good people? I suppose there are relevant threads on this forum that would explain all the basics to me and gave me a helping hand in starting my journey with crypto.

First, learn everything that you need to know about cryptocurrency, bitcoin, etc. do a lot of research so that you understand what you are in to.

Pick a wallet or exchange where you want to invest your fund's websites that are legitimate and trusted by the community.

Pick if altcoins or bitcoin, buy it or invest in it, and then sell it at the right time to earn a profit. You are going to get a lot of experience trading and know it eventually plus the forum is a big help.

Trading require a lot of knowledge and experience and since OP is a newbie and do not know much about bitcoin, it will not be fair to advise him to trade right away. Also there are many scams investments these days though which OP can lose his money. I guess better learn more about bitcoins before actually buying bitcoins.

Thats why i suggest to learn everything about cryptocurrency and bitcoin and do a lot of research about it before starting in trading.

Also bitcoin investment or any other investment is risky, you could always lose money in your every investment that just how it work, its not a bad thing to start investing already since you could gain experience from it. You're not going to understand it completely until you experienced how trading in cryptocurrency is.

So i suggest to get some research or maybe get some tips here in the forum and investing already.

[MCDev]

A lot of people will advise you to buy bitcoins and enter the market to get started.
However I think that for newbies, it is more important to learn knowledge about bitcoin and cryptocurrencies.
You should ask some questions and answer them.
What is Bitcoin?
What is cryptocurrency?
What do you want to enter the cryptocurrency market?
When you answer those questions, deposit money and start buying bitcoins.