Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment?
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment?
Having no idea on any investment is both risky and will put you in big trouble, not because people are shouting they made millions on Bitcoin it will always apply and you can also do this, you need to first educate yourself, start with the question what and why.
You can proceed with these two questions on Youtube and Google, find out what is Bitcoin and why we need to use it, you need to spend ample time to get to know everything about Cryptocurrency, Bitcoin, and blockchain, from then you can proceed from learning how to secure your investment or coins, this is important, because there will be a time that you are going to invest in a lot of coins.
Do not invest even if you think there is a coin worth buying, you need to first learn how to check if the project is legit and differentiate the good and the bad coins in the market.
It's very tempting to invest when the market is moving up, but there is always a trap along the way and by educating yourself, you avoid those traps.