Message to Crypto Beginners

What you Need to Know & Do as a Crypto Beginner.

Photo by Maxim Hopman on Unsplash

Cryptocurrencies have spread like wildfire through the financial world creating thrilling prospects for investors and hobbyists. However, for novices, entering into the crypto space might seem daunting. This article aims to ensure that you acquire a basic understanding and concrete measures that will enable you to move around the world of cryptocurrencies without any fear.

Photo by Etienne Girardet on Unsplash

First things first,

knowledge

• You need the knowledge of how the crypto market works, what coins to buy when to buy, and when to sell.
• Cryptography acts like a bank among digital or virtual money ensuring that it is difficult to forge a fake one or spend the same money twice.
• Create a Twitter(X) and Telegram account. Spend time there, research, and follow some crypto OGs

Tools

• You need to download some tools — you need to download Bybit, and Truswallet for a start.
• Then sign up and create an account, Bybit for example.
• You need research tools such as Coinmarketcap, Dexscreener, and many more.

How to Buy Tokens from DEXs on Various Chains.

Fund

• You need to fund your account with the capital size you want to start with.
• Visit YouTube for a guide on account funding

Buy and Sell

• Buy the coins you researched or
• Buy coins from the list of coins I shared on my Telegram Channel.
• But also, you can buy other coins I will be calling as days progress.
• The simple strategy is, to buy at a cheap price and sell at a high price.
• My job is to research and identify cheap assets, then call them for you to buy.
• When the market goes up, then you sell and take your profits.

In sum, stay tuned on my Telegram Channel.

Finally

Crypto needs care and continuous learning. Understanding fundamentals, choosing appropriate tools, and investing wisely to be able to navigate safely amidst this fantastic landscape are the prerequisites for entering into it.

You must remember to keep yourself updated so that there are no chances of being insecure. It is only you who can know how much money deep into an investment that can just not help but get out of you. Congratulations on making investment decisions in finance!

In this exciting cryptocurrency journey, we can learn and improve by exchanging our experiences and advice in the Comments section!

Photo by Howie R on Unsplash

Thank you for your time!

Warm Regards>>>Paul