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How To SAFELY Buy Cryptocurrency - Total Guide - Investment - Nairaland

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How To SAFELY Buy Cryptocurrency - Total Guide by shakiez893(m): 4:08pm On Feb 08, 2022
This post will be showing you how to buy cryptocurrency safely for both beginners and some veterans which might have forgotten.

This post will also show you the basic steps not including many the technical mumbo jumbo so that you can buy your coins safely, store it securely.



Before we begin there are some absolutely cold hard facts about cryptocurrency everyone should know before venturing.



Crypto-traders experience some ups and downs, not as planned due to hackers, scammers and questionable exchanges everywhere.

But this post will teach you how to safely buy your coins as there's;

No FDIC insurance in the crypto ministry.
No government policy to regulate the transaction and all of that, except platforms with P2P trade functions
Tips

Tell nobody about your investment.
Invest only what you can afford to lose because of its Volitility
Do not be more concerned about "this cryptocurrency is to expensive, if I buy a cheaper one and it price goes up I will become a millionaire no it doesn't work that way you should be more concerned about that cryptos market capitalisation.

Cryptocurrency Market Capitalization = No. circulating Coins × Price.

Read Full how to safely buy cryptocurrency here: https://aozforum.com/post/3653

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