Investing into Crypto

Investing in crypto

Investing in crypto can seem like a daunting task....or scary.  But to all those that are just starting out you can easily get involved so you won't miss out on the FOMO.   First off you need to set up an account.  I recommend setting up accounts on Coinbase, Kraken, Kucoin, and Binance.us.   This is for people in the USA.  I see all the youtubers recommend all these different places but alot of NEW investors can't open accounts since they are in the USA.  SO that's why I listed the ones above since I have successfully used them.

Second.  Start Small!   ONLY INVEST WITH MONEY YOU CAN AFFORD TO LOSE!  Don't take out a loan, cash advance, or second mortgage your property.  Trust me it is tempting but this is a highly volatile market.  Start small and dollar cost average in.

Third - Learn! Learn! Learn!   The one thing that I learned quickly is that crypto markets do not stop.  So you need to learn and absorb all the information you can regarding crypto.  Go on Youtube and learn form people like MMcrypto and CryptoBanter.  They have been around a long time and have tons of knowledge.

And last don't panic!  This is a bumpy ride but I have found that HODLING my crypto has worked out the best.  I have tried day trading but it is hard and had some great gains but along with that you have some big losses.

But my main point is to get involved.  This is the future of money!