Welcome to my cryptocurrency trading series for beginners! I decided to create a series, because, as of late, I've been getting a lot of people asking me about cryptocurrency, in particular, Bitcoin.
Cryptocurrencies are becoming increasingly popular, especially Bitcoin. Everybody wants to know how they can get into the cryptocurrency game. The best way for me to answer your questions is to create a series of episodes on my YouTube channel that I will release over time.
I'm not claiming to be an expert. Rather, I just want to share with you my experience with cryptocurrencies, and the strategy and mindset that I have towards it.
On that note, let's dive into my cryptocurrency trading series! Are you ready to learn everything that you need to know before investing in and trading cryptocurrencies?
Watch the video below:
(Click here to watch on YouTube)
Are you ready to start investing in Bitcoin and create long-term, passive income? CLICK HERE to get $10 of Bitcoin FREE with Coinbase!
Note: To get the $10 free, you must use the link above and buy at least $100 worth.
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The best way for me to answer your burning questions is to create a series playlist on my YouTube channel, where I will have a series of episodes that will be released over time. On that playlist, I will start off by talking about investing for beginners, and the content will get more advanced as the series go on.
Cryptocurrency has exploded in popularity.
However, before you decide to get into the cryptocurrency game, it's important that you have the right mindset. You have to know what your outcome is and have a strategy around that. Let me start off by saying that I believe in investing in things that can grow over a long period of time.
That is what I do with the majority of my investment portfolio. For example, I invest in a lot of blue-chip companies and stocks on The Toronto Stock Exchange, as well as different U.S. exchanges. I also invest in index funds, dividend-paying stocks, ETFs, bonds, and REITs (real estate investment trusts).
It's important to not take all of your money and invest it into something like cryptocurrencies because they are considered to be risky. With that being said, I do believe that cryptocurrencies have a place in your investment portfolio, but a much smaller place.
When it comes down to what cryptocurrency you should buy, Bitcoin is the most popular. I believe that everyone should have a certain percentage of their money invested in Bitcoin, but not everything. You should also have a piece in Ethereum and Litecoin.
The most popular online platform that you can use in order to buy, sell, transfer and store Bitcoin is something called, Coinbase. This is how I got started. It's great for newbies because it's secure and the interface is very simple.
A great feature of this platform is that they have an app that you can download onto your phone, which will send you alerts when any of the cryptocurrencies drop. They do have fees, but I believe that this is the best platform to start buying Bitcoin.
Watch my YouTube video above to get a sneak peek of my screen share, where I log into my private Coinbase account, show you how it works, and guide you through the steps for how you can start buying Bitcoin.
If you want to invest large amounts of money into cryptocurrency, I suggest that you store your Bitcoin money in a hardware wallet, like Trezor. Doing so will ensure that you are protected because there is a risk of getting hacked and losing your cryptocurrency.
In closing, I can't think of any reason why someone shouldn't invest in cryptocurrencies. The potential of it is huge, and I know this first-hand. Ive been in the Bitcoin game for over a year now, and have been able to make a lot of money from it, and so can you.
In the words of Erin Schmidt, the CEO of Google, “Bitcoin is a remarkable cryptographic achievement, and the ability to create something that is not duplicable in the digital world has enormous value.” Stop questioning whether or not it's too late to get in the game, and start investing in cryptocurrencies now!
Are you ready to start investing in Bitcoin and create long-term, passive income? CLICK HERE to get $10 of Bitcoin FREE with Coinbase!