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8-12% correction towardπ $60,000
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JUST IN: πΊπΈ Congressman Matt Gaetz introduces bill that would allow federal income tax to be paid in Bitcoin.
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REMINDER: πΈπ» El Salvador is buying the #Bitcoinπ΅ dip daily.
Are you? π
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Are you? π
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πThe Solana Foundation is introducing a new feature that promises to connect its blockchain to any website through a shareable link.
π Blockchain Links (Blinks)π
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Like other financial assets, investing in cryptocurrency can be risky and may result in financial loss. Here are five essential tips to make buying and selling cryptocurrency safer:
1. DYOR
Books, blogs, podcasts, and online courses are all good places to start. You should also learn about the projects, teams, and technology behind different cryptocurrencies in order to make informed decisions.
2. Start small and diversify
Diversification can also be useful when investing in cryptocurrencies. Instead of focusing on a single cryptocurrency, investing in different cryptocurrencies can reduce your overall risk and increase your holdingsβ chances of long-term growth.
3. Stay involved
4. Choose a reputable cryptocurrency exchange
5. Practice risk management
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There was a time recently where bitcoin hit $60k & we all felt rich. Now bitcoin is at $60k and we feel poor.
Market psychology is cyclicalπ
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Market psychology is cyclical
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How to buy your first crypto
The crypto and blockchain ecosystem offers myriad exchanges and platforms where you can buy and sell cryptocurrencies.
Navigating these services can be intimidating for first-timers; however, developers in the industry create and design products with everyone in mind, making buying crypto as easy as ordering something from Amazon or buying a plane ticket.
An excellent place to start for pure beginners is selecting a top-five crypto exchangeβe.g., Binance or Coinbase. Once youβre set on one, all thatβs left is to create an account and buy crypto by following a few simple steps.
There are, however, other ways to buy digital currencies besides Binance.
You can buy crypto on a decentralized exchange or a P2P market or mine it.
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The crypto and blockchain ecosystem offers myriad exchanges and platforms where you can buy and sell cryptocurrencies.
Navigating these services can be intimidating for first-timers; however, developers in the industry create and design products with everyone in mind, making buying crypto as easy as ordering something from Amazon or buying a plane ticket.
An excellent place to start for pure beginners is selecting a top-five crypto exchangeβe.g., Binance or Coinbase. Once youβre set on one, all thatβs left is to create an account and buy crypto by following a few simple steps.
There are, however, other ways to buy digital currencies besides Binance.
You can buy crypto on a decentralized exchange or a P2P market or mine it.
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