Cryptocurrency for beginners: how to earn $500... not …even $21,000 with cryptocurrency?
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Cryptocurrency for beginners:
How to earn $500... not …even $21,000 with cryptocurrency?
1. Should you be a professional trader for do this?
2. or any average person without experience and skills can do that?
To begin with, let's see how much you can earn on the crypto and HOW, even if you don’t understand anything at all)
If you bought 1 bitcoin in 2017 for $1,000, now you could sell it for $21,000. Net prOfit is $20,000. I’m not saying that in 2021 it cost $67,000.
Cryptocurrency for beginners and What skills do you need to get such a result?
Buy, sell and cash out)
But in order to do this effectively and not waste money, you need to follow a number of principles!
We will do everything in the largest crypto exchange in the world - Binance.
And all our work will include only 3 actions.
Cryptocurrency for beginners: How to understand what to buy? What to sell? When it should be done?
To do this, we go to coinmarketcap.com/ru/
Remember it) You will use it constantly)
Here is a list of all currencies, their prices at the moment and the history of their prices.
Why do you need it? This is the answer which cryptocurrency to trade. Those coins that are in the top 10 are more likely not to fall to zero!
And the same information answers the question: How not to waste all the money with a sharp change in course)
And now let's look at the simplest and most reliable scheme for making money on the crypto:
We go to coinmarketcap.com/ru/ and look at the first 10 coins. These are the ones we will be working with.
I tell you right away that we exclude and don’t trade usdt, usdc and busd coins. This is a stable coin - that is, dollars in the world of cryptocurrencies. And their price is 1 dollar) So, it’s difficult to earn something on them)
I can say that I mainly earn and trade in bitcoin, ethereum and solana.
Your task is to open each of the first 10 coins and read:
- what is this coin?
- and what are its characteristics
So we do this with each coin and form a one-time understanding.
And here comes the GOLDEN RULE!!!!
We buy low - we sell high! Always!
If you bought bitcoin at 40k$, no panic and don’t sell it at 20k$.
Just wait) There was already such a story and then he jumped up to 67k again.
How do you think those who sold everything at 20k felt?
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