Post
Topic
Board Beginners & Help
Re: I need your contribution and opinion
by
Mr.right85
on 20/01/2024, 23:35:10 UTC
Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it.
I think where you should place your focus right now is in knowing the difference, the difference between Bitcoin and altcoins in general.

Should you have bought these coins (XRP and Bitcoin), you have archived a goal of having to invest in the cryptospace. Now, it’s a question of where you bought the coin or where it’s stored. You ought to know that, coin stored on exchanges are not entirely in your control and could be lost. Instead, you should buy coins and store in non custodial wallets.

Most altcoins don’t come with a non custodian wallet support facility but Bitcoin does and that’s a part of its uniqueness. It’s truly decentralized, have at least 13years on it and have the highest market capitalization.
In all you do, don’t go about your investment on different platforms, especially one that promises to trade and give you huge returns, it can easily turn out to be a scam. Be more private and ask questions when necessary.