Crypto investing is a unique and risky endeavor. There are no guarantees in crypto, and without the ability to predict the future, the only way to make money is to take risks.
There is a lot of noise around crypto. Some of it is just people trying to sell you a product or scam you out of your money; some of it is legitimate criticism based on ignorance or laziness. But even that is not entirely bad: if you don’t know what you’re doing and what you’re getting into, then you need a warning.
Crypto investing involves taking risks, and that makes it different from other investments. Crypto investing should be treated as an infant science, something that needs to be learned by trial and error. You can’t just pick up any book on crypto investing and expect it to work for you. You have to figure out what works for you, so that’s what I’m going to do here: describe what I’ve learned so far, based on my own mistakes and the mistakes of others.
The SEC is preoccupied with the next bubble. Their job is to prevent recurrences of the last one, when a bunch of people became rich from nothing but the hope that some scheme would make them even richer. If an unregistered agent offers you “get rich quick” schemes, and it looks like he’s making money for himself, you are probably not going to make money for yourself.
You could still get lucky and make some profit, though. I am not telling you how to do it. But if you want to master crypto investing, here are a few suggestions:
1. Start small. The best place to start is with the most secure cryptocurrency there is: Bitcoin. It’s the only cryptocurrency that was designed as an investment (Bitcoin was designed by Satoshi Nakamoto as a new form of electronic cash), and it’s been tested in the real world on hundreds of thousands of users since 2009. It’s also one of the most widely traded cryptocurrencies on public exchanges such as Bitfinex and Kraken. There are other ways to get bitcoins, but this is how I started out, and it’s worked very well for me so far; other people have had similar success with Litecoin and Ethereum as well (you can read more about what I’m doing
Crypto investing is a little like the stock market. The average investor can’t afford to trade, because it is too risky. To get a return, you have to do it yourself, or hire someone else to do it for you.
If you can afford to risk $10,000, then the best thing you can do is start investing in bitcoin and other cryptos. But if you can’t afford that much money, then there are still ways to make money trading crypto. You don’t have to buy bitcoin: if you think it’s going up, you may be able to sell it when it’s down and make even more money than if you had bought at the top. Or bitcoin has one other advantage over most other investments: it seems likely that in five years time the technology that makes crypto investing possible will be the new cash. So while bitcoin may go up and down, crypto investing remains a steady investment with huge future potential.
Crypto investing is not just about making money from bitcoin or another coin: thousands of small investors are making money from cryptos every day by buying them on clearnet exchanges (the ones that let most people buy) and selling them for bitcoins on the deep web (the ones where very few people know about).
Crypto is a new technology, and it is still growing. Many people think that investing in crypto is just another form of speculation. They think that price moves are the result of supply and demand. They think that if they just buy high and sell low, they can make money.
But I think that’s wrong. When you buy crypto you are entering into a contract: you are buying something that you don’t own yet, and which you probably don’t fully understand. You might be making an investment based on fear, or greed, or trust in the idea behind the technology. But whatever the reason, if it does not work out well for you, then one of two things will happen—you will lose your money or give up your investment (and maybe both). In either case, there may be nothing left to do but walk away.
Crypto is different from other kinds of investments because it has two distinctive features: you never really own the investment until it matures; and once it matures you can’t get your money back.
Crypto Investing is a new and exciting way to be more financially free. It is highly recommended to learn about crypto investing first. Crypto investing is different from traditional investment strategies because it is an unregulated way of making money. There are no taxes, no regulations, and no limits on how much you can make.
It is very easy for the beginner to understand crypto investing since the concept has been around for years. However, new investors have a lot of questions that need to be answered. These questions are often asked in order to help new investors become successful with crypto investing.
In this post we will answer some of the most important questions and provide you with tips on how to become successful in crypto investing.
Crypto-currency investing is a relatively new way of making money. The crypto-currency market is growing rapidly – and it seems to be one of the few areas where value can actually increase over time. But there are still many things that aren’t clear, including why you should invest in this area of finance in the first place.
This blog is about trying to answer those questions and help others make good investment decisions.
The most important thing is to understand that it is impossible to predict the future. For example, someone might declare tomorrow that they have found a way to get rid of all bitcoin transactions. They might say that a new block will be added every minute, and the whole system will be based on the bitcoin blockchain, uselessly duplicated across hundreds of thousands of nodes.
Or maybe everyone will agree that this is a really smart idea and many people will start using it. It will become very popular and many people will want to invest in this new thing called bitcoin 2.0. But then some people might say that after a couple of years no one will notice any difference between bitcoin 2.0 and the original bitcoin, so why not just use the original bitcoin? They’ll be able to save all those node resources for something else, like upgrading the original bitcoin protocol or whatever…
So even if you think you know how everything is going to turn out, there is still a huge risk that what you think is right is wrong. And even if you think you know what’s going to happen in detail—and most of us here think we do—you still can’t predict how it’s going to turn out.