How to invest in cryptocurrencies?
Hi,
I would like to ask you for some tips - I am completely green in the subject of cryptocurrencies, but I would like to start my adventure with the BTC exchange. I know that this is a topic of the river, but maybe someone could give me some valuable advice, e.g. how to predict an increase in the price of cryptocurrencies, which cryptocurrencies are best to invest in, what to observe?
I will be grateful for any suggestions :)
Hi,
I would like to ask you for some tips - I am completely green in the subject of cryptocurrencies, but I would like to start my adventure with the BTC exchange. I know that this is a topic of the river, but maybe someone could give me some valuable advice, e.g. how to predict an increase in the price of cryptocurrencies, which cryptocurrencies are best to invest in, what to observe?
I will be grateful for any suggestions :)
2 users upvote it!
4 answers

I generally do not believe in any technical analysis etc. when it comes to cryptocurrencies. When it comes to investing, I tend to play events. It is worth watching foreign news sites, because it is there that you can find the latest information about cryptocurrencies. For example, if a significant country outlaws cryptocurrencies, we can expect falls. If there is information that one of the altcoins will enter a popular exchange, we can expect increases in this altcoin. Of course, this is just a theory and you have to rather rely on your own intuition.
Recently, bitcoin fell by $1,000 after the news that satoshi nakamoto moved his bitcoins, which had not been transferred between wallets since 2009.
I generally do not believe in any technical analysis etc. when it comes to cryptocurrencies. When it comes to investing, I tend to play events. It is worth watching foreign news sites, because it is there that you can find the latest information about cryptocurrencies. For example, if a significant country outlaws cryptocurrencies, we can expect falls. If there is information that one of the altcoins will enter a popular exchange, we can expect increases in this altcoin. Of course, this is just a theory and you have to rather rely on your own intuition.
Recently, bitcoin fell by $1,000 after the news that satoshi nakamoto moved his bitcoins, which had not been transferred between wallets since 2009.
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On the subject of investment strategy, there are as many opinions on the net as there are creators and it all depends on how much knowledge you have, what mindset you have and what you want to achieve,
And as for the initial steps, Kanga Exchange made cool materials for "green"
https://kanga.university/
On the subject of investment strategy, there are as many opinions on the net as there are creators and it all depends on how much knowledge you have, what mindset you have and what you want to achieve,
And as for the initial steps, Kanga Exchange made cool materials for "green"
https://kanga.university/
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