Though there seems to be a big agenda by the ‘powers that be’ in regaining total control of the bank system and people’s lives by eventually using block-chain, that is to say a total shift of physical money to digital, some people still don’t understand the basics of joining the cryto world.
There is a lot of money to be made from cryptocurrency especially if you know how to read the trends, have an intuitive skill for the market as well as knowledge, and have the willingness to do research on businesses. So don’t quite sleep on cryptocurrency just yet despite what you’ve heard. Let’s break down joining into steps.
You’ll need to download apps so make space on your phone, laptop, or tablet.
Download at least two or all the cryto apps being that not every app deals with all companies. Some apps that you can download are:
- Binance (they’ve blocked all UK withdrawals)
After downloading an app or all of them, you have to invest money into some companies. You can invest small amounts, like £20 or $20, but just remember the bigger the investment the bigger the reward. But this course has risk cause if the company that you invest in isn’t doing well, which translates on business graphs as going down, then you’ll be losing money.
Learn how to read the business or market graphs and research on the market and companies. For example, if a new company comes out and they are collaborating with like Amazon, the thought behind it is that they’ll do well with such huge support therefore large sum of money can be put in.
Alternatively, you’ll have to think that being that they are a new company and haven’t reached giant status financially, if they do bad it won’t hurt Amazon especially when they have other investments. Think of both sides.
Remember that studying the market requires a lot of time. You have to put in time to get effective results.
TIP: Look into nanotechnology, XRP, XLM, XDC, Ethereum.