How to spot a crypto liar
Today’s digital world is packed with opportunities for everyone from seasoned investors to naïve newbies looking to make the most of their money. But for those looking to make the most of their investment, a digital wallet might not be the way to go in 2022. A virtual wallet is a digital storage that allows people to store and manage their digital assets in one place. This similar to bank account, personal credit card, or online banking account. When you put your cryptocurrency into an online exchange, you are giving that same authority to someone you can trust. You can also be sure that whoever owns the cryptocurrency won’t be able to access it without their permission. So how do you know if you are taking the right move buying cryptocurrencies without permission from others?
You’re buying into something old, not new
This may sound like a no-brainer, but it’s actually a pretty common mistake new investors make. New investors often buy into a coin just because it’s cheap, and they don’t understand the characteristics that make that coin successful. Buying in on a coin that has been…