Every day cryptocurrency systems attract an increasing number of participants who want to invest their money. The greatest interest is manifested during the next record Bitcoin values. However, in order to properly invest their funds, and receive benefits, everyone must know the basic rules that we have prepared and offer to read.
To begin with, it is worthwhile to go deeper into the subject of investment of the virtual currency market and learn all aspects. You should also understand the technology blockchain and its capabilities. Quickly and effortlessly, such information can be found by watching the specialized channels on Youtobe and subscribe to thematic conversations in Telegram. It is necessary to look for channels with a large number of participants on the subject of blockchain, investments, coins, Bitcoin, and more.
Proper secure wallet
After mastering the basic information and principles of the system as a whole, you should start creating a wallet. A part of the community does not use separate resources at all, but keep their funds immediately on cryptocurrency exchanges, we strongly advise against using their approach. It is better to give extra interest for the transfer, but get a safe and secure place where your savings will remain safe. To search for a reliable wallet, you should pay attention to the number of users and online reviews. In addition, it is worth looking for news about hacking and DDOS attacks on storage.
The main sources of news cryptocurrency
Since cryptocurrencies are now at the peak of popularity, everyone will easily find their favorite news site, and best of all, a good aggregator of new products. In addition to news sites, you should subscribe to Capital88, Youtube channels, FB, and other social networking pages that contain relevant and interesting information from the world of virtual currencies. Do not forget about the subscription on Twitter pages of developers and major investors in the world of virtual currencies.
Various chats and trader conferences
Chats and conferences are created by other traders to share and share fresh news and personal opinions about the possibilities to conduct this or that operation. The main advantage of chat rooms is that they are all open to new users and everyone will be able to get advice or an answer to the question that has arisen.
Do not buy currency at peak prices
It should be noted that almost always after any rise of the cryptocurrency, should be the stabilization of the course, its adjustment, and possibly a noticeable decline. News about Bitcoin reaching new heights are published every day, on Capital 88 portals as well, but one should not run and buy coins with all the money, with thoughts “it will only continue to cost more” if you open the price change chart, it will become clear that after peak values points back. More competently, it will wait for even a slight decline in prices and only then invest.
Do not panic when the course falls
If something bad happens in the world of cryptocurrencies, then it is better to wait and calmly assess the situation, to follow the reaction of the market. Very bad ideas – will be the sale of coins during the recession, because of various drops, both serious and brief, Bitcoin has already passed more than one hundred during its existence.