HOW TO INVEST IN CRYPTO CURRENCY

How To Invest in Crypto Currencies: The Ultimate Beginners Guide

How To Invest in Crypto Currencies Beginners Guide

Crypto Currencies have pretty much been a topic of intense discussion over the last few years. How many times have we heard stories of people becoming overnight millionaires and, at the same time, stories of people who lost hundreds of thousands of dollars hoping to make a quick buck?

So, if you are looking to invest in crypto in a safe manner, then this guide is for you. The purpose of this guide is to help educate investors as much as possible and to reduce speculation in the market.

How To Invest in Cryptocurrencies 101

The very fact that you are reading this guide shows us that you are interested in investing in crypto currencies. These immutable and exchangeable cryptographic token promises to become hard and non-manipulatable money for the whole world. Their advocates see a future in which Bitcoin or other cryptocurrencies will substitute Euro, Dollar and so on and create the first free and hard world currency.

Besides what was already said, there are three major good reasons to invest in cryptocurrencies.

First, because you want to hedge your net-worth against the fall of the Dollar imperium, which is assumed by many people to inevitably happen at some time.

Second, because you support the social vision behind cryptocurrencies – that of free and hard money for the whole world.

Third, because you understand and like the technology behind it.

However, there are also very bad reasons to invest in cryptocurrencies. Many people fall victim to the hype surrounding every cryptocurrency-bubble. There is always somebody captured by FOMO (fear of missing out), buying massively in at the peak of a bubble, just in the hope to make quick money, while not understanding cryptocurrencies at all. That’s a bad reason. Don’t do this. Learn before you invest.

Early-stage investors in Bitcoin and Ethereum made millions of dollars in pure profits. If you see the following graph then you will know exactly what we mean

In a one-year time span from December 2016 to December 2017, Bitcoin went from $750 to a staggering $10,000! This means that anybody who invested $10,000 in December 2016, would get back a mind-numbing $133,333 in exactly 365 days. In fact, the total market cap of cryptocurrencies went all the way up to an astounding $500 billion by the end of 2017.

Stories like that flooded the internet and more and more people joined the crypto hype to get a slice of that crypto pie. However, as more and more speculators flooded the market, the inevitable happened.

The market took a huge dip.

With Bitcoin taking a dip, all the other currencies took a dip, and lots of people lost their entire life savings.

In this guide, we are going to show you how you can educate yourself to make an intelligent investment. Having said that, let’s start with our first lesson.

Be Ok With Taking Calculated Risks

Because the volatility of cryptocurrencies grossly exceeds that of any other investment class, they are not a normal investment. Plus, there is always the risk that your country may outlaw cryptocurrency trading and exchange. If that’s the case, then you should make your peace with not liquidating your crypto assets.So, the important takeaway here is to only risk as much money as you can afford. Like Wence Casares, CEO of Xapo sums it up in an AMA on bitcoin.com:

“I always tell them [my family] that the second most stupid thing they could do right now is to own a number of bitcoins they cannot afford to lose and the most stupid thing they could do would be to not own any. “

Remember That There are Other Coins

Up until late 2016 Bitcoin was the cryptocurrency, and there was not much besides it. If you wanted to invest in the success of cryptocurrencies, you bought Bitcoin. Period. Other cryptocurrencies – called “Altcoins” – have just been penny stocks on shady online-markets, mostly used to keep miner’s GPUs working, pump the price and dump the coins.

However, this has changed. While Bitcoin is still the dominant cryptocurrency, in 2017 it’s a share of the whole crypto-market rapidly fell from 90 to around 40 percent, and it sits around 50% as of September 2018.

There are several reasons for that. While Bitcoin remains the undisputed king of cryptocurrencies, many people have questioned its future utility. Firstly, there were new and exciting cryptocurrencies coming out secondly, Bitcoin was suffering from severe performance issues and it looked like the Bitcoin community were nowhere near to solving this problem. The block-size issue, in particular, was a huge bone of contention in the community, which ultimately led to the creation of bitcoin cash and the splitting up of the community.

So, the question is, what coins can you potentially invest in?

Well, for that Bitcoin or Ethereum will be more advisable

When is actually the right time to invest in Crypto Currencies?
   Is There A Good Time To Buy?

There is no general rule when to buy cryptocurrencies. Usually it is not a good idea to buy it at the peak of a bubble, and usually, it is also not a good idea to buy it when it is crashing. Never catch a falling knife, as the trader’s wisdom says. The best time might be when the price is stable at a relatively low level.

  Let me use this as a medium to inform you that our investment program have started again as the price of Bitcoin/Ethereum currently increased.
Don’t miss this life changing business opportunity. Invest today and reap the benefits.
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