What are the best ways to invest in crypto currency?

[Phabbyfundz]

Crypto currency is has been available to us for quite some time and it is safe to say that crypto currency is still going to be available for a long time.

Investing in crypto currency involves buying or exchanging of a fiat currency or crypto currency for the equivalent amount of that crypto currency you intend to invest in.

As a beginner in crypto currency what would you suggest is the best ways that I can invest in crypto currency and and make profit?

 

[Heatman]

Cryptocurrency investment is a very risky project because you don't control what happens in the market and as a result of that you can either lose your money quickly or make profits very quickly. This is why before you jump into investing in cryptocurrency, you must try as much as possible to acquire knowledge of how cryptocurrency works so that you will know how to take advantage of it. With that being said, I believe that the easiest way for you to invest in cryptocurrency as a newbie without experiencing so many losses is for you to do it on your PayPal because it is a platform that is going to enable you trade your cryptocurrency and make profit from it easily without losing too much.

 

[oldbuddy]

Simple answer I used: Don't buy it, earn it free and put it to work so it earns dividends. Then just sit tight and let it grow.

 

[Bookwormlux]

The best way to invest in cryptocurrency is by trying as much as possible to invest in a way that you are targeting different coins in the market that have potential.

The advantage of investing this way is that, you will be able to utilise the available opportunities to make profits from different angles.

Also, when it is time to lose, you could still recover losses from another coin that may not be running into losses at the time.

 

[Phabbyfundz]

That only works when you are getting tokens and it hard to earn for free a tangible amount of Bitcoin or ethereum but you can earn tokens like Satoshi, btcs which are currently less than a cent.

Simple answer I used: Don't buy it, earn it free and put it to work so it earns dividends. Then just sit tight and let it grow.

 

[oldbuddy]

That only works when you are getting tokens and it hard to earn for free a tangible amount of Bitcoin or ethereum but you can earn tokens like Satoshi, btcs which are currently less than a cent.

I would have agreed with you a few months ago, but I have been applying my own system to building compound interest bearing accounts with Satoshi which has been making my eyes pop. It's true they are worth less than a cent, but when you accumulate millions of them it still adds up. I am not sure what you mean about Satoshi being Tokens when they are actually fractions of a Bitcoin (0.0000001 BTC)

 

[UsmanAmoyo]

The best way is individually dependent.
For me, I prefer to trade while saving up my profits and watching them grow. It might not be the same for you.

 

[Mr.Sotherefore]

For me the best way to invest in cryptocurrency is to invest in little and upcoming potential cryptocurrency. Meme token should be avoided since most of them do not have any potential of giving you reasonable profit in the future. .

And most importantly , even with this you shouldn't invest your life savings in cryptocurrency as anything can happen. . There are so many potential cryptocurrency that can be invested such as the fantom ecosystem, ada, theta and some others but however this is not a financial advice.

 

[Mikelo]

Your investment in cryptocurrencies is something you will have no control over. So it will be advisable to invest what you can afford to loose.

 

[oldbuddy]

Your investment in cryptocurrencies is something you will have no control over. So it will be advisable to invest what you can afford to loose.

I only invest what I earn for free online, so does that fit your advice?

 

[Anachiwo]

I only invest what I earn for free online, so does that fit your advice?

If you have earned it, it doesn’t mean you should throw it away. It's already yours and if you lose it, you have lost what you already owned. But yes, you're right, you didn't lose anything initially.

 

[oldbuddy]

If you have earned it, it doesn’t mean you should throw it away. It's already yours and if you lose it, you have lost what you already owned. But yes, you're right, you didn't lose anything initially.

Oh, I have no intention of throwing it away, but I do feel safe following the routine I have been testing the last few months that has paid off so well.

 

[Anachiwo]

Oh, I have no intention of throwing it away, but I do feel safe following the routine I have been testing the last few months that has paid off so well.

If that's how it's like, then you have done well for yourself by having a good strategy that's been working well for you. it's the opportunity most people are looking for to take advantage of.

 

[Shaffy]

For me, if I had enough capital to invest in cryptocurrency as a newbie, I would settle for three major coins. Bitcoin, Ethereum and BNB.

I would also like to get some low caps, but it's hard to do that research when new by yourself.

 

[Anachiwo]

For me, if I had enough capital to invest in cryptocurrency as a newbie, I would settle for three major coins. Bitcoin, Ethereum and BNB.

I would also like to get some low caps, but it's hard to do that research when new by yourself.

I can't invest in Bitcoin now knowing very well how unpredictable it's been for the last few months. In fact, since this year, BTC haven't been stable to be viable for investment.

 

[Immilash]

The first thing you need to do before You can invest on any cryptocurrency is to know the right time to buy and sell, if you know that you can earn money on cryptocurrencies.

 

[Anachiwo]

The first thing you need to do before You can invest on any cryptocurrency is to know the right time to buy and sell, if you know that you can earn money on cryptocurrencies.

That's very correct. If you buy when you're not supposed to buy, you're buying at a very expensive price. If you sell when you're supposed to buy, you will be losing so much.

 

[Mr.Sotherefore]

Sometimes it is not always easy to know the right time to invest but currently this is the best time. Although there are prediction that cryptocurrency are still likely to drop.

 

[Nomad]

Invest in low-value coins (not meme coins), and diversify your portfolio.

 

[frederick_9]

That only works when you are receiving tokens. It is difficult to earn Bitcoin or Ethereum for free, but you may receive tokens like Satoshi, which are now worth less than a cent.