Hi, everybody. I would like to tell you my story and tell you my mistakes so that you do not repeat them to choose the best trading strategy.
I went to crypto world in November 2017 and I knew nothing. I watched a lot of videos on YouTube very much read it took about 1.5 months before I bought my first Bitcoin.
The most important rule I knew right away was not to trust anyone. If you think all the time so it will be difficult to deceive you. Many people on YouTube bloggers advertise projects in order for people to follow his link and the project paid him money for it. You need to think with your head and study altcoin or a project in which you want to participate.
And so if you're a beginner don't rush to spend your money. To open the eyes of beginners will tell you how to buy altcoins where to buy and where to store.
After you've dealt with the exchanges. You need to choose how to store your altcoins.There are so many ways to store it. The most convenient is on the exchange. The most secure is on a cold wallet. Cold wallet is a flash drive or a piece of paper on which your codes are written from any program or website. For example, the best site for Ethereum is
https://www.myetherwallet.com . For NEO cold wallet which can be downloaded from their website. For some altcoins there are no wallets and have to be stored on the exchange.Each altcoin is different and each need to learn where to buy how to store and how to sell. There is a very good wallet Ledger Nano S. But it is not cheap but if you trade big money you need it.
And so I want to tell you how to trade. For a beginner, it is best to choose an investment rather than trading strategy. If you trade you will lose your money over time. The best option for you will be to invest in the medium term and long term. You will never guess how the market will go up or down. You can buy altcoins for 4 6 8 months or one year. The best way to divide your money into 3 5 7 altcoins. to reduce the risk would be safer, when one allcoin will fall and another will rise.
Okay is a long story. Good luck everyone. Write here answer your questions as I can)))))
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Without certain experience, Trading and Hodling are risky. The most acceptable method of investing at the moment is ICO. For a more successful contribution, you need to carefully analyze the project. Identify is necessary for the market side. For example, the
Kelvin Blockchain project has an innovative method of encryption, transmission, storage, and security. All this is based on quantum computing. Thus becoming in demand in the future. Mining requires some experience and knowledge, without which your income can go down to zero, and lead to a loss. The most relevant and promising method at the moment is ICO. With the right approach, you can go into a good plus.
Kelvin Blockchain project itself is flexible to implementing cryptographic algorithms which will make it one of the safest blockchains ever existed with 10+ signature available from the start. This project does not rely on any particular signature algorithm and due to the multi-client use - on some single consensus. In case of any problems, it is possible to quickly locate the threat and prevent its distribution throughout the system. Multiple blockchains with different consensus algorithms, token types, and assignments will be available. The multichain technology allows creating almost an unlimited potential for speed and productivity. Kelvin Blockchain can launch up to 2^64 subchains - more available subchains will benefit in increased speed and security. Moreover, all the blockchains will be processed in one wallet so that the client could have fast transactions, secure investments and cheap smart contracts as well as a lot of other services at his hand.