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Kakashi2020

What do I need most to know about cryptocurrencies?

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What things do I need to know about cryptocurrencies which are basic need to know for first time investors?

Investing in cryptocurrencies is a new thing, what would be the things a new investor needs to know?

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I believe that for beginners, the better way to start is from investing only TIME. By taking part in different airdrops or bounty programs such as TokenGo etc. What do you guys think?

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i think that the beginners need to do a lot of research before finally taking the decision in investing in any sort of Cryptocurrencies. It is always best to be safe when you are new to the field of high risk investment like cryptocurrency. However, one needs to take some risks and try to diversify there investment in more than one Cryptocurrency. It is always advisable to invest only that much amount that you can afford to lose.

Edited by JPK0007

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To be honest with you, I don't "pollute" my mind with any other cryptocurrency except BTC, because I personally believe it's the most trusted one and safest. Apart from it having a potential to outlast all the others.

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Cryptocurrency are the digital gold and the money of the future. To name a few, we have Bitcoin, Ethereum and Ripple. Before you invest, I suggest you investigate and gather feedback's from people who have invested in them. Try to be open minded and neutral as possible with a wide range research material with first hand information.  You have to learn before you invest and be cautious. Be aware of all the market cap which tells you more or the less the value of your cryptocurrency.

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On 1/12/2019 at 4:35 PM, VanessaIsabelle said:

Cryptocurrency are the digital gold and the money of the future. To name a few, we have Bitcoin, Ethereum and Ripple. Before you invest, I suggest you investigate and gather feedback's from people who have invested in them. Try to be open minded and neutral as possible with a wide range research material with first hand information.  You have to learn before you invest and be cautious. Be aware of all the market cap which tells you more or the less the value of your cryptocurrency.

By the way, it might be hard for a person to become familiar with cryptocurrency because for example BTC offers to choose a certain wallet at the start and it's kinda confusing how to pick the right one (that's where it has lost me at first).

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