GETTING STARTED

Getting Started with Cyrptocurrency

Getting started with cryptocurrency, you can expect debate on the sustainability of the massive increases in the value of Bitcoin to continue. Clearly the growth in cryptocurrencies more broadly is something that is sustainable and will continue well into the future.

My strong advice to everyone who has not yet done so is OPEN AN ACCOUNT WITH AN EXCHANGE NOW! It will cost you nothing (other than time) and give you an understanding of how this central aspect of our new economy operates.

Getting started, there are some good cryptocurrency exchanges you can look at are:
CoinSpot: https://www.coinspot.com.au

CoinJar: https://www.coinjar.com

Coinbase: https://www.coinbase.com

CEX.IO: https://cex.io/

Once you find your feet, start investing with small amounts while you learn the ropes.

Follow the news and listen to credible commentators to inform your own decisions about what and when to buy.

We know from experience that online exchanges can be hacked, so you should spread you investment over two or three wallets. When you have built up some real capital online, you should start your own wallet. This can be a desktop wallet or a hard drive wallet. Hard drive wallets can store your cryptocurrency completely offline,  which is 100 per cent safe (just don’t lose your ledger or trezor).

I would love to see you ahead of the curve on this, as early adopters of the wealth generating technology of the future. There is no better time to be getting started with cryptocurrency.

Categories

Wallets, Steemit, Trading, Exchanges, Bitcoin

This is my opinion based on my research. I am not a financial adviser and always encourage people to do their own independent research before investing.

Cryptocurrency Guru