3 Steps Crypto Investment Made Easy | Digital Currency Investment 101 for Dummies

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jwgalloway317
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A cryptocurrency is a digital asset designed to work as a medium of exchange, which is also a fantastic investment tool. Digital currency also represents a future technology that we are always want to keep an eye on it.

Participating in the cryptocurrency trade world and modern technology can be fairly easy following the 3 steps: what to buy, where buy, and where to store.

1. What to buy 1:21 : do full research for the investment before making the decision

2. Where to buy - exchanges 2:27

coinbase.com: https://www.coinbase.com simple interface, easy for beginners, high liquidity and huge variety of products


binance.com: https://www.binance.com/en huge variety of choices and high liquidity, lower fees, have some limitations for us users

binance.us: binance for US users: https://www.binance.us/en/home

3. Where to store - wallet 4:00

Hot Wallet: Wallet based on the internet, usually free, easy to install.

Exodus: overall best for beginners https://www.exodus.io
Electrum: best for advanced users https://electrum.org/#home
Mycelium: https://wallet.mycelium.com

Cold Wallet: Wallets off the internet, more secure and better for long term token storage, costs between less than $100 - $200

Ledger: https://shop.ledger.com
Trezor hardware wallet: https://shop.trezor.io
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Crypto Investing
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