tips before buying cryptocurrency for the first time

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asked Dec 19, 2020 in Law & Legal by sladokef (2,130 points)
tips before buying cryptocurrency for the first time

bought cryptocurrency needs to be stored somewhere. There are a lot of ways and options, but first you just need to know about two options: light and heavy wallet.

If you are going to buy a “souvenir” volume of currency, the safety of which you will not have nightmares about, then a light wallet available directly from your phone is a great option. It is best to choose a proven solution with a good rating and reviews. Of the important, we advise you to make sure before the final choice that the wallet allows you to transfer your account / wallet to another device, and the rate on currency input / output suits you.

If you have a significant amount in your hands, accumulated over several years and want to transfer it into digital coins, then here we advise you to spend time reading the instructions and allocate space on your hard drive for installing a full (heavy) wallet for the selected cryptocurrency. This is the most secure option, since in essence, you download all your coins to your pc, where they are stored and regularly contact the server for verification.

7 Answers

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answered Dec 19, 2020 by karika (2,080 points)
Having heard from someone that bitcoin has set a new growth record, do not rush to register a wallet faster and look for an exchange office. Any cryptocurrency, after a sharp rise, either undergoes an adjustment or a fairly strong fall.
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answered Dec 19, 2020 by karika (2,080 points)
On the BestChange website, you can choose an exchanger to sell bitcoin https://www.bestchange.com/bitcoin-to-paypal-usd.html or any other cryptocurrency. It's easy to do
You need to choose a currency pair for exchange and then you can see cryptocurrency rates. By default, the exchange service table is sorted by the exchange rate profitability, but you can sort it the other way too (for example, by the amount of available reserve, by testimonials and so on)
Now is the period of the fall in the bitcoin rate. Therefore, you have a chance to earn
0 votes
answered Dec 20, 2020 by ogrebun (1,820 points)
You can use electronic exchangers or exchanges to buy
0 votes
answered Dec 13, 2021 by minsy77 (6,590 points)

I was really glad to find a proper option and to buy tron with credit card which is a really effective solution, that provides a lot of various ideas in order to make money. It was always really important for me to use a trusted service and I am pretty happy that such a solution exists. I freely recommend this option if you want to be sure concerning the best way to invest money.

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answered Dec 21, 2021 by alvaalas (180 points)
edited Jun 8, 2022 by alvaalas

The world of cryptocurrencies and blockchain is very large and diverse. You can earn by investing in cryptocurrencies, NFT projects or try your hand at NFT games. I think this direction will develop very quickly. A lot of money is being invested in  NFT mobile games may2018calendar.info , and there are more and more fans of these games. In addition, it is doubly pleasant to play and receive money for it.

0 votes
answered Nov 16, 2022 by Cq1 (1,310 points)

Thank you a lot for these tips and I also need to notice that there are also lots of convenient trading platforms like for example this Bitcoineer system and many similar ones so I think that you need to get more information about such things. Hope that it will be useful for you and you will find something

0 votes
answered 3 days ago by Allert (2,920 points)

Hello everyone, even though there are many obstacles such as legal restrictions and high volatility of cryptocurrencies, many people see them as the future of the financial system and continue to explore their potential. As you know, you can make good money on volatility if you have a feel for the upcoming market reversal. In such conditions, having a reliable crypto exchange at hand, such as https://crypocto.com/, you can always perform all operations with cryptocurrencies with minimal delays.

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