Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,244 members, 7,836,165 topics. Date: Tuesday, 21 May 2024 at 09:48 PM

Is Trading In Cryptocurrency Worth It? How Can I Start? - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Is Trading In Cryptocurrency Worth It? How Can I Start? (361 Views)

Cryptocurrency Worth $6.1 Million Seized From Cybercriminals By The United State / Chaka Receives SEC License For Stock Trading In Nigeria / Who Is Trading On Rallytrade? (2) (3) (4)

(1) (Reply) (Go Down)

Is Trading In Cryptocurrency Worth It? How Can I Start? by Larynxhedon: 11:18pm On Aug 16, 2022
Before investing, it is crucial for investors, particularly those who are new to cryptocurrencies, to gain an understanding of how the cryptocurrency world works.

Many will not stop talking about the volatility in the cryptocurrency space, forgetting that there are other benefits, such as hedging against inflation or diversifying your investment portfolio to avoid putting all of your eggs in one basket.

Thus, the best advice for beginners who want to start trading cryptocurrency is to start small and only use money that you can afford to lose.

Another sure way to get started is to take a <short beginner's course> that will give you a quick walkthrough on what crypto is all about - I'd rather make this mandatory if I were to decide for the entire world because it's nothing more than a general literacy class that will allow you to sail smoothly when furthering.

2 Likes

Re: Is Trading In Cryptocurrency Worth It? How Can I Start? by Kayconcept2(m): 6:38pm On Aug 22, 2022
New Apps such as Yellow Card are really improving well.
Re: Is Trading In Cryptocurrency Worth It? How Can I Start? by Yungbliss(m): 7:08pm On Aug 22, 2022
Is trading (investing) worth it?

2 Likes

Re: Is Trading In Cryptocurrency Worth It? How Can I Start? by jamin006: 9:40am On Aug 23, 2022
Yungbliss:
Is trading (investing) worth it?

Worth every penny spent. Renowned investor like Warren Buffet invest $10k in 1941, and that's now worth over $50, so it's every N100 or N100k spent.

1 Like

Re: Is Trading In Cryptocurrency Worth It? How Can I Start? by ebunluv2021: 3:19pm On Aug 23, 2022
Really!
I am amazed at the diverse tutorials, webinars they organize just to put one through in this crypto journey
Kayconcept2:
New Apps such as Yellow Card are really improving well.
Re: Is Trading In Cryptocurrency Worth It? How Can I Start? by Qre1: 4:02pm On Aug 23, 2022
Hodling is the way for huge surge


Earn daily using binary options automated trading bots for deriv to trade

(1) (Reply)

Pls Help How Can I Sell On Binance ? / High ROI Business That Can Change Your Life / Legit Nigeria Investment, Easy Withdrawal

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.