Cryptocurrency has been one of the most profitable investment choice in the recent years, especially in 2017 where the market boomed up 100%+ hitting an all-time high (ATH) of over 800Billion, and the traffic and attention that the Crypto-Space has received in the last couple of months of 2017 was historical, many exchanges had closed registrations since they weren't able to support the traffic, but now most have optimized their websites and are ready to receive more. The Crypto-Market has taken a rough correction going from its ATH to as low as 470Billion, it was a very big hit for the market and all the new-comers, but it is something that was seen to be coming after the spontaneous raise, after the correction it took, it is expected to pass the trillion mark.
To get started all you need is a Fiat Exchange, Crypto Exchange (trading fees vary), and Knowledge. make sure you use 2FA and make very secure passwords and write them down on a piece of paper. DO NOT SAVE PASSWORD, since hackers have been trying to penetrate the crypto space harder than ever, since it is still in its development stages and there is a lot of security flaws.
Fiat Exchange : Gemini or Coinbase
- Coinbase - Fast, Credit/Debit cards are accepted, Bank transfer, High fees. Extremely Secure.
- Gemini - Slow, No Credit/Debit option, Bank transfer, Little to nothing fees. Extremely Secure.
Crypto Exchange :
- Binance - Trusted, Widely used, supports a variety of coins and very clean interface.
- Bittrex - Good for investors, not traders. registrations are closed but whenever they open make sure to make an account.
- Cryptopia - Bad service, good for small coins, wide market.
- HitBTC - Great interface, user-friendly, maintenance too often.
- Cobinhood - Brand New, Has fiat deposit in it, extremely user-friendly.
- Kucoin - up to date, abundant promotions, community-driven, user-friendly.
Knowledge - different styles, different preferences. There is those who like to watch others, have a one on one training session, or join an academy that will teach you. if your style is neither of those then feel free to do what suits you best.
- iMarketsLive (IML) - there is bunch of Academies that would teach you how to trade but this one seemed to be the best option for me. It is a MLM type of company, They are extremely versatile and teach you everything from investing to reading charts and setting up your own trades, you could even step it up and become a leader so the company pays you on a weekly basis. Price range (195$ initial fee for the first month and then 145$ monthly). P.S they mentor, and advise you what to invest in.
- One on one - For personal teaching from my experience, even though it isn't that much of an experience but i learned more enough to set me on my feet and to help others make money, my record was going from 2000$ investment to 50,000$ in not more than two months, all it takes is investing in the right product. Contact me through social media and we will setup a plan and sessions to cover different strategies.
- Videos - Watch videos, learn more about the market and get an idea from everyone, make your own strategy, but consider the risk.
Disclosure - Investing is risky, there are no guarantees for future profits, use resources and study, there is a lot of money to be made you just need to make sure you approach it the right way.