How to Invest in Crypto For Beginners [2022]

Hey guys welcome to DollarViral.com. This is going to be a completely free beginner’s guide to investing in cryptocurrencies. It’s going be very long.

Let’s talk about the things that we’re going to cover in this course right. First we’ll go over my background as an investor and why you should listen to me. Then we’ll go into why you need to invest as soon as possible we’ll be talking about why you need to not time the market but rather be in the market for a longer period of time.

My background as an investor

  • I am a real estate broker and a serial entrepreneur doing businesses and many different things.
  • I have eight years of investing experience
  • I do have a multiple six figure crypto portfolio.
  • I’m an active investing personal finance and entrepreneurship content creator.

I really do believe that learning the fundamentals of investing is super important. It’s really going to make you guys want to get started with investing in stocks, crypto and anything else.

I truly do believe that investing is a way for anyone to build wealth. DollarViral.com is really dedicated to help you guys build income and become millionaires in the next 5 to 10 years.

Why you need to get started investing ASAP

In the last decade, bitcoin has grown from around 1 dollar in 2011 to over 20 Thousand dollars. Crypto is very volatile so the prices are going to be changing all the time. Cryptocurrencies are still becoming popular and what I mean by that is the whole crypto space.

How to Invest in Crypto For Beginners

It’s still super young and it’s just becoming more mainstream. It’s a new way of decentralized currency that the governments cannot really control. That’s what really makes it enticing for a lot of people and right now it’s starting to get more and more financial backing from institutions.

More financial giants, such as Paypal and square are putting crypto onto their platforms and that’s really going to change the whole crypto space.

Tesla bought 1.5 billion dollars of bitcoin and they added that to their balance sheet. I really enjoyed investing in Bitcoin and Ethereum. Natural ways to minimize the trust layer in governments in institutions that fail to look out for the public and protect individuals from the fragility of traditional financial systems.

As they are both assets that do not require central parties to verify, create or administrate them. It’s really taking the power from the banks and from the government, putting it into the hands of the investors so now

An Introduction to Cryptocurrency

Crypto in cryptocurrency that stands for cryptography. This is basically the discipline of writing or solving codes and. Currency part in cryptocurrency means money in any form as a means of exchange. Cryptocurrency is a purposeful combination of two important ideas.

Why are we investing in cryptocurrencies and what’s the whole point to invest in Cryptocurrency?

Crypto is basically an opportunity at building a decentralized system of currency that is based upon majority consensus. The whole system has pretty high integrity. We’re basically eliminating the need for banks or mill men to control money accounts and transactions.

As a result of all that crypto networks are immutable and this means that they cannot be altered or deleted. Immutable transactions make it extremely difficult or nearly impossible to manipulate data that’s stored on the network. It’s not just stored in one place, it’s stored all over the place.

It’s partially immune to government shutdown or intervention.

How does cryptocurrency work?

On crypto networks anybody that wants to, can verify everyone else’s money basically how much they have in their accounts and their transaction history. Volunteers are constantly adding data to a public digital ledger and this is a collection of all financial accounts and transactions known as the blockchain.

Any user that wants to execute a transaction, must pay a transaction fee to the volunteer. These transaction fees they’re going to vary and it depends on the cryptocurrency. If you guys want to look up the different transaction fees, you guys can go to cryptofees.net.

What is Blockchain?

The term blockchain refers to a type of database in which a collection of computers, operated by different individuals in different locations, is constantly adding information

Blockchain refers to the digital public ledger, where individuals are constantly adding information about digital crypto transactions.

How to Invest in Crypto For Beginners

For example ,If I make a purchase or transfer from my wallet. Everyone out there can actually see that transaction. They can see how much bitcoin is in my wallet, they can see what money is coming in, what money is going out and that’s pretty much what makes it so decentralized.

No single person or group has full control rather every user in that group is going to retain control at all times. Blockchain refers to a block of information and then the chain part. These are new blocks of info that are being added to existing sequences of blocks or a chain of blocks.

What is Crypto Mining?

Crypto Mining is an interesting way to make a little bit of passive income. When you’re mining crypto, you are the volunteer that is verifying the validity of digital transactions on the crypto network as a miner. In the network, you are racing to add a block of information to the blockchain and to do that you are essentially just solving really hard math problems and complicated codes.

When you’re doing that, you are verifying identities and transactions. Solving these types of problems requires a really hefty computer system, which is known as a mining rig.

How to Invest in Crypto For Beginners

If you look at the picture, that is basically a pretty intense mining rig and these use a lot of electricity. That’s where you’ve heard the thing about bitcoin where it takes up a lot of energy to maintain the blockchain.

By setting up a mining rig like this, you can actually get a return for your investment. Every time a miner successfully adds to the blockchain, he or she is going to receive a certain amount of crypto coins.

The only way that new coins can be added into circulation is when miners successfully add to the blockchain. You don’t really need a crazy mining rig like that. You can have a pretty powerful computer and then we’ll do the same thing as long as you have a pretty strong graphics card like a GTX 3060, 3070 or 3080.

You should be able to generate at least a few dollars of bitcoin per day by mining. Now, instead of mining directly yourself, you’re probably going to be using a mining pool or renting out your computing power on a platform like nicehash.

I actually tried mining recently and I used Nicehash. I thought it was a pretty cool way to actually generate like seven or eight dollars per day in passive income.

How to Invest in Crypto For Beginners

If you guys are interested more in crypto mining then I recommend doing a search on You tube or google. There’s a lot of in-depth guides to how you can actually mine crypto.

What are the popular cryptocurrencies?

The biggest cryptocurrency in the world the original one and this is bitcoin. Besides bitcoin, there are so many other new coins that are popular. here’s so many new coins being created every single day but right now some of the big crypto coins are: Ethereum, Tether, Polkadot, Cardano, Ripple, Litecoin, Binance coin, Stellar, Dogecoin, Uniswap, Chain link. There are a lot more besides these but that’s just an overview of some of the more popular cryptocurrencies.

What dictates the value of a cryptocurrency?

It’s just like any market, the value of this crypto is going to be what people are willing to pay for it. If you have an overbund supply of crypto and not that much demand. That’s going to make the prices go down and if you have a lot of demand but it’s not a lot of supply, not too many people are trying to sell their bitcoin or other crypto then that’s when the prices are going to actually go up.

It’s not just supply and demand. There are some other sources of value. For example the brand, an interesting example of branding is Dogecoin. You guys might have heard of it it really exploded in 2021 but basically dogecoin started out as a joke. It was made to appeal to the internet community using a really popular meme.

After being endorsed by Elon musk on twitter, the value of dogecoin just like shot up astronomically and that was basically a huge branding win for dogecoin. Because dogecoin basically latched on to Elon musk and his whole message and that’s what really helped this coin go up in value.

Another source of value is utility. What it can actually do and a great example of this is Ethereum. Ethereum is a blockchain based crypto platform that is actually more efficient than bitcoin. I really do think that they can revolutionize the development of these decentralized applications.

Another really important source of value is importance. A great example of this is Bitcoin. Bitcoin is not the most efficient crypto out there but it is the first cryptocurrency and it really had a really big role in catalyzing the expansion of the crypto space. That’s why it’s the original. It’s the coin that most people think is just going to never die.

The Risks of investing in Cryptocurrency

There are some risks in investing in cryptocurrency because it’s pretty volatile There are many other different types of investing that are probably going to be a lot safer. It’s really hard to deny the appeal of cryptocurrencies especially in the last few years, where people have made a ton of money.

If you look at really OG coins like Bitcoin or Ethereum. even these types of coins have really volatile short-term price movements. That’s really not normal for a popular and well-established investment.

That’s just the way of cryptocurrency, it’s always going to be quite volatile and if you want the most stable, long-term winners for crypto. It’s probably going to be Bitcoin and Ethereum. These are relatively stable. They’re not stable at all compared to many other investments but for crypto, they are pretty good.

So I want you guys to remember this when investing. When you have greater risk that means you have the potential for greater returns and when you have greater returns, the price shoots up astronomically.

This also presents greater risks as well there are a lot of people making a lot of money on crypto these are probably the stories. You’re going to hear in the news or on the internet but there are also a lot of people that are going to lose huge amounts of money. They’re probably not going to post that loss on the internet, so you’re not going to hear about them as much.

What are Crypto Wallets?

Crypto wallets are software’s that are linked to the blockchain, that monitor and execute crypto transactions It’s like a personalized bank account for your crypto. Every crypto wallet is going to have a public key as well as a private key. The public key is basically like your mailbox, it’s the one that everyone can see.

How to Invest in Crypto For Beginners

People can send cryptocurrencies to that address. On the other hand, there’s the private key and this is basically the key to your mailbox. The private key is going to allow you to sign off your transactions and validate your public key.

To truly own cryptocurrencies, you need to own the wallets that have the keys that represent your unique digital id. If you want to actually hold your crypto yourself and manage it yourself, you’re going to need an actual hard crypto wallet.

That’s a little bit different from the apps like Coinbase and Robinhood, where they basically securely manage the rights to your private keys.

Different types of crypto wallets

You have your hardware wallet and this is basically an offline storage device like the ledger or trezor ledger. Rezor are probably the most popular brands for hardware wallets. These are extremely secure ways of holding your crypto.

A mobile wallet is another type of crypto wallet. These are basically mobile apps and your crypto is stored on there. Popular examples of these are exodus and atomic. Then you also have desktop wallets, these are installed on your desktop itself and they offer a little bit more advanced features and more autonomy.

Then you have your paper wallet and this is basically a document that includes your keys and a QR code. This is pretty secure because to steal your wallet people are going to need to steal this piece of paper. You’ll definitely want to secure your paper wallet in something like a safe.

Platforms for investing in cryptocurrencies

Platforms like Coinbase and Robinhood which actually allow you to open up a standard brokerage crypto account on them. When you open up a standard brokerage crypto account on these platforms just like anywhere else the capital gains are going to be taxed but only when those gains are realized, when you sell.

The great thing about these apps is that they are super easy to use they’re super accessible and they are basically where 99% of people that are investing in crypto are going to start off. With so, I will mention some of these platforms.

1. Coinbase

Coinbase is one of the most popular platforms for investing in cryptocurrencies. So I’m here in my Coinbase account right now.

How to Invest in Crypto For Beginners

You can see this is my portfolio bounce up up at the top. This is my watch list right here of crypto coins that I’m looking at.

If you scroll down here they have a cool section called top movers. You can see which coins are going up the most and which coins are going down the most.

If you come down here, Coinbase actually has a really cool uh reward system so if you click this you can see different ways that you can actually earn cryptocurrencies by doing the simple tasks.

For example, for stellar lumens you can earn a total of ten dollars two dollars when you watch a video about what seller is. It’s pretty cool way to earn some free money.

2. Robinhood

How to Invest in Crypto For Beginners

Robinhood, which is another super simple and easy to use stock brokerage app that also allows you to buy and sell cryptocurrencies. Robinhood is an app I’ve been using for a long time. I really love this app, it’s super easy to use. It really makes investing so simple. It’s probably one of the best user interfaces for any type of investing app.

I’ve ever used so I’m here in the browse section of the website and this is basically where you can see some of the trending lists, especially for crypto stuff. It’s going to take me to all the different cryptocurrencies that you can buy and sell on robinhood.

Now if I want to invest in bitcoin I’ll just click on bitcoin and it’s going to take me to this page basically at the top. You’re going to see the live price of bitcoin. It’s volatile, which mean it’s always going to be changing and under that it’s going to show you the actual change for the last day.

If you want you can go to the actual live price chart and can look at the one day chart, one week chart, one month chart and you can actually see the individual prices by scrolling through.

It’s going to show you the open price, close price, high price, low price as well as the change and if you really want to zoom out to the last three months or one year or five years.

It’s going to show you the quantity of bitcoin you have, your equity, your average cost as well as your portfolio diversity and I can see my return for today as well as my total return.

3. Gemini

How to Invest in Crypto For Beginners

Gemini s is another platform for actually investing in cryptocurrencies. I’m on the desktop right now and you can see that you can actually buy and sell these coins. If I go to bitcoin it’s going to show me the price chart, I can zoom out to the one week, one month, one year price chart.

I can set alerts as well it’s going to tell me about bitcoin. If you want to buy and sell bitcoin, it’s actually quite simple you just go up, select buy or you can click sell.

You can say if you want to sell it once daily, weekly, twice, monthly then you can choose how much you want to sell. Gemini also has a really cool thing called gemini earns. If you have any of these coins right here and put it into your account, you’re going to start earning this annual percent yield that’s listed right there.

For example, If you have Litecoin in your account, you can earn 4.5 percent on that. If you have Ethereum ,you can earn 3.05 as of right. This is a pretty interesting way to actually make some money from the bitcoin or cryptocurrencies that you hold.

You can invite your friends, they’ll get ten dollars of free bitcoin too, when they use your link and you’ll get ten dollars as well.

4. Block-Fi

How to Invest in Crypto For Beginners

It is another cool way that you guys can actually earn money on the crypto. that you have sf you go to your interest account here. This is cool because you can actually open up a blog fight interest accounts and earn interest on any cryptocurrencies you have stored on Block-Fi.

For bitcoin, if you have 0 to 0.5 bitcoin, you get five percent on that .You can also get paid for having chain link. You can get paid for having Ethereum, Litecoin. As well as these coins that are actually backed by the US dollar. You can get up to 8.6% to 9.3% on those.

That’s just another cool way to make some passive income from your crypto holdings.

5. Crypto.com

How to Invest in Crypto For Beginners

Lot of people do use crypto.com as one of their main platforms. If I go here to bitcoin i can actually look at the one day, one week, one month, three months, six-month price chart. You can see, bitcoin is trading at current value . If you want to buy bitcoin on crypto.com you just go down there and click buy btc.

You can add a credit card or debit card and purchase. Like that you can also use your crypto wallet to purchase bitcoin from crypto.com. It is a cool way to earn some passive income from your crypto ,holdings so you guys can take a look.

You’re actually going to get a 25$ sign up bonus and once you’re signed up you can actually give your friends 25$. When they sign up using your link and you’re going to get 25 in rewards.

How to research for Cryptocurrency?

You want to investigate audit and assess any business or any asset you’re thinking about investing in. You absolutely want to take the time to fully understand anything you’re putting your money into. Because if you don’t understand you’re really at a big disadvantage. So we’ll talk about the fundamentals and the evaluation metrics that I think you guys should know.

Fundamental/Valuation MetricsQualitative indicators
Market capWebsite
NVT ratiocreators
Circulating supplyGitHub (for coders)
Trading volumeTotal addressable market (TAM)
MVRV ratioUsefulness
Mayer multipleCatalyst
VolatilityContact points, White paper, News

Valuation metrics

The market cap provides the total market or the network value of a cryptocurrency. To get this you’re basically taking the total coin supply and multiplying it by the latest trading price.

For example, there’s a coin out there. There’s a total supply of 10 coins and the latest trading price is 5$. That’s going to result in a market cap of 50$. Market caps can be a little bit deceptive with any forks.

Forks are basically new software protocols or updates that can allow for spin-off coins to be forked off of a parent coin. Whenever a new coin is forked off of a parent coin. This new coin is going to inherit the coin supply of the parent coin. As a result, new coins can appear to look well established and valuable.

Lets talk about the network value to transactions ratio aka the NVT ratio. This is essentially the PE ratio or the price to earnings ratio of that crypto coin. This is going to describe the relationship between the market cap and the transaction volume.

To calculate the NVT, you take your market cap and divide it by the daily transaction volume. You’re essentially looking for a lower number, anything under 15 is probably good. It’s going to be bullish and anything under 25 is more likely to be bearish.

Now you’ll notice that the price to earnings ratio for stocks is similar but for crypto there’s no earnings. These aren’t actual like revenue generating companies. That’s why we have to use the NVT ratio.

Another thing to look out for is the circulating supply. This is the approximate number of coins circulating in the market. You can easily find this information on many different sources such as Yahoo finance or coin market cap and pretty much any website is going to have this information.

Another important valuation metric is the trading volume. This is basically the number of coins that has exchanged hands in the last 24 hours. The higher the trading volume, the more this coin is being traded back.

The more activity there is, the lower the trading volume means that there’s not as many people buying and selling.

The MVRV ratio, this is the market value to realize value ratio. To find this you’re basically taking the market cap and divide it by the realized capitalization. This is going to consider any lost coins or coins that are no longer in circulation.

If the MVRV ratio is under 1.5 that could mean that the coin is undervalued.

It’s over 3.5, this means that it could be over the value.

The mayor multiple, this is another one that’s important. It’s basically the price divided by the 200-day moving average. For example, if the current price is $5 and the 200-day moving average is $10. This means your mayor multiple would be 0.5. Anything under 1 could mean that it’s bullish right it could break out and anything over 2.4 means that it could be bearish.

Cryptocurrency’s price fluctuates over time and it’s measuring the standard deviation of the current price relative to the 30-day moving average. I know some of these might seem a little bit confusing. Don’t worry too much about how they are calculated.

A lot of the crypto websites are going to calculate them for you and just show you the number basically. You just want to know what they mean and how to interpret it.

Qualitative indicators

1. Assessing the website

The website has to look good. I recommend looking at the aesthetic the design and how professional it looks . If it looks scammy, then well the coin could be fake. There’s so many coins out there that don’t have any actual value and they’re just scams.

So, you want to definitely see if the website looks good and you also want to see what information the website presents.

2. Creators

you want to know their reputation, their technical background, whether or not they are trustworthy. I just say trust your gut on this. Do some quick research about who founded that coin and whether or not you’d actually trust them.

3. GitHub

This site is actually going to show you the code of many of these projects. If you’re a potential buyer of that crypto you can examine the crypto network’s code and see how it is. This is more for the advanced and experienced coders and programs out there. Otherwise you probably won’t know what’s going.

4.Total addressable market (TAM)

You have to research, how will this particular cryptocurrency appeal to the market it’s addressing, like is it actually going to be creating a new market of its own.

For example, Ethereum is proposing to revolutionize the development of decentralized apps. That was a brand new use and it’s something that had a lot of utility to it.

5. Usefulness

This ties in with the addressable market like what utility or value can this crypto bring. If it’s just the cash grab, then it’s probably not going to have any utility but if it actually does have some usefulness then that is something that you do want to see.

6. Catalyst

With a cryptocurrency coin catalyst are any unexpected events announcements updates or revolutions to occur with this crypto.

For example, Dogecoin. The price of dogecoin can actually be quite influenced by any tweets by people like Elon Musk. Obviously this means that it can be quite volatile and you really don’t have control over the catalyst because we don’t know if Elon musk is going to tweet something good about dogecoin or something bad.

7. Contact points

Potential buyers or investors learn more about the crypto coins. How can they actually reach out to the creator of the coin and then how frequently do the crypto creators reach out and update their investors.

These are all things that you should be considering when analyzing a specific cryptocurrency.

Reading a White Paper

Another thing that a lot of people actually skip is reading the white paper. Crypto’s white paper is a document that’s created by the creators of that crypto. It helps to sell it.

It’s going to include facts about the crypto, any diagrams, statistics and quotes. It’s more technically oriented and that’s why a lot of people, they won’t actually read the white paper.

How to Invest in Crypto For Beginners

So here’s the general structure of Bitcoin’s white paper.

  • First you have the abstract this is just going to be a summary of the coin.
  • Then you’re going to have the introduction and this is where they’re going to present any problems, propose and any solutions.
  • They’ll get into the technology, so what sort of technology is actually backing this crypto.
  • They’ll talk about the transaction tech, how it’s exchanged.
  • They’ll talk about the mining tech, how the crypto is created in mined.
  • The network tech-how information is communicated within the network.
  • Incentives– why you should participate in this crypto network rather than others.
  • The emission plans– how will the creation of new coins or tokens be conducted.
  • There’s going to be a conclusion.

So, they’re going to review all the presented information from the earlier parts of the white paper.

Finally there’s probably going to be references. So these are the sources and citations over here on the right is bitcoin’s white paper. It’s just the first page of it. If you want to read up on bitcoin’s white paper you can easily find it online. Just search a bitcoin white paper and the whole thing is going to be there.

If you want to stay up to date with any crypto news. I do think that’s extremely important because crypto is really reliant on the news and any current events that are happening. So, this is a list of some great news sources I recommend:

1. Robin hood + Coinbase

With these apps you can actually buy and sell crypto but they also have a ton of articles and information about cryptocurrencies. y

2. Coindesk.com

This is a new source for many different cryptocurrencies and you can check the price movements and other data on there.

3. Coincenter.org

This is a resource for specializing in politics and legislation regarding bitcoin and other crypto coins.

4. Reddit.com

There’s actually a ton of really interesting information on this forum. These are communities where more experienced as well as beginner crypto investors are just interacting. People post links to useful information. There’s a lot of intriguing discussion on here. It’s just a cool place to really talk to other people about crypto.

What are Crypto Tokens?

Tokens are units of value that are issued by crypto startups and represent pieces or shares of a crypto network. These tokens themselves are sold for fiat or cryptocurrency to raise money for that crypto startup. For example, they can be issued by Ethereum, Waves or EOS.

There are a few different types of tokens:

1. Equity tokens: These are like digital shares of a company.

2. Utility tokens: These provide a certain privilege or opportunity to the owner.

3. Asset backed tokens: These are backed by a real commodity.

Examples of coins are going to be Bitcoin, Ethereum, Ripple, Litecoin, Cardano and Iota.

Examples of tokens are going to be things like Tron, Bytom, Augur, Omisego, Vechain.

Initial Coin Offerings

Initial Coin Offerings occur when a crypto company is trying to raise money to create a new coin app platform or network. Essentially they are the IPOs, the initial public offerings of the crypto world.

With ICOs, these can be extremely risky. You could lose all your money. That’s why I say definitely, have some caution before you actually put money into any ICOs. Since, crypto is such an unregulated space. There have been many failed ICOs as well as fraudulent ICOs.

But if you do want to take a shot and take a gamble. You can basically register for the ICO through the network’s website. You’ll move your bitcoins or Ethereum to the wallet and then you’re going to buy ICO tokens by sending crypto to their address.

A lot of ICOs were scams back in 2017, 2018. So, I definitely recommend, avoid these if you can.

Timing the Crypto Market

If you guys are interested in time on the market or day trading cryptocurrencies. It’s a little bit more risky. This is always the case when investing.

Short term-it’s always more risky.

Long term– it’s a little bit safer.

I’d recommend, learn about the strategies for day trading stocks. As its strategies are going to be pretty similar to when you trade cryptocurrencies. You can look into the Bollinger Bands, daily volumes and trading indicators.

Basically there’s a lot of charting involved. The most important concept though is that time in the market beats timing the market. Most day, traders are going to lose money but most people that stay in the market for a long time that are long-term investors are going to make money.

CRYPTO20 index fund

If you guys are interested in investing in crypto long term but don’t want to do a lot of research on each of these coins. I actually recommend looking into the CRYPTO20 index fund. It is what it sounds like. You’re holding the top 20 coins at any given time.

When you invest in CRYPTO20. They’re going to readjust the funds on a weekly basis and you can earn profits by holding a single token of the fund not necessary but just another different way of investing in crypto.

How much money should you invest in Cryptocurrency?

I always like to remind you guys that cryptocurrencies are still a pretty, speculative and volatile market. It’s new, it’s still developing and it’s not fully understood by most investors. As a result of that it’s going to be a risky investment no matter what.

Don’t expect to strike it rich or become a crypto millionaire just by buying some crypto and holding it. I’m not trying to deter you from investing in crypto. I’m just saying that for every successful investor, there are a lot of people that lose money.

That’s why you need to invest with caution and that’s why you need to do your own due diligence. If you’re trying to time the market, I’m just going to say that’s probably really hard to do because if you could time the market accurately, then you’d be the wealthiest person in the world.

So, no one can time the market. The safest way to invest is just invest your money into whatever crypto you believe in and leave it there for a long term. I wouldn’t recommend putting over five to ten percent of your whole portfolio into crypto.

The rest should be invested into index funds, stocks, real estate other things.

Cryptocurrency Taxes

I want to remind you that cryptocurrency is taxed. You are going to be taxed for any capital gains that you receive while training crypto. You put a 100 dollars into bitcoin and you sell it for 200 dollars. You basically are receiving a gain of a 100 dollars.

That 100 dollar gain is going to be taxed either as a long-term capital gain or a short-term capital gain. If you’re holding the coin for over one year and then selling it, that’s going to be a long-term capital gain and that tax level is between 0 to 20 percent based on your income level.

On the other hand, if you’re holding that coin for under one year and you’re selling it for a profit that’s going to incur a short-term capital gain. This is going to be taxed at your normal income tax bracket. so that’s going to be up to 37% federal as of right now.

That’s why I always recommend if you can hold for over a year because your tax is probably going to be a lot less than if you just kept buying and selling.

Actionable steps to take right now

Some actionable steps you guys can take right now first I recommend is:

  • Open up a crypto investing account. You can use Coinbase, Robinhood, Crypto.com, Gemini. Any of these platforms will suit you well.
  • You want to fund your account so you’ll want to deposit money from your bank account
  • Do your due diligence, you’re going to want to do some more research about what you’re investing your money in and what each of these coins actually does.
  • Invest some of your money into the crypto of your choosing. Crypto is quite volatile so pick wisely and only invest what you can afford to lose.
  • The crypto market is always changing so that’s why I recommend always keep researching. Always keep learning about crypto. That way you can stay up to date on new opportunities and just being in the know for what you’re investing in is extremely important.

Thank you guys so much for your time. I know that was a very long and detailed blog post. But I really do hope that you guys got a ton of value out of this. I really encourage you if you like crypto. To start investing today, the first dollar you invest is always the hardest but it gets easier from there.

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