I have been reading some of the emails which I have received and they have given me the impression that there are many people whom are confused in dealing with cryptocurrency.
By no means, is a get rich soon way of doing business. You have to be very patient and do lots of research and have a plan with an objective based on your financial possibilities and personal aims.
Forget about HYIPs. If you are interested in trading or mining, go for a long term plan and divide this plan to small steps. Achieving each reasonable step gives you more confidence and if something happens, you can always start from your last achievement.
For example, if you want to do mining, do your research and choose a right company. Some people buy hash power using fiat money so they don’t have to buy coins right from the beginning.
But each company has its rules regarding fiat money.
Or for a period of time, you can reinvest part of your earnings and this way, every time you take less and less from your pocket.
For time being, I am mining, because to do trading, I believe one has to know how to trade and then investigate about the coin market trading.
In mining, one has to investigate only about the coin in question (which is not an easy task) and monitor the coin in the market.
I will continue to write, but if you have any questions, please write below and we all can learn something new each day.