To start trading cryptocurrencies, you first need to open a trading account with a reputable broker or exchange. Once your account is set up and funded, you can start trading. It's recommended to start with a demo account to practice trading without risking real money.
For beginners wondering how to start,
follow these five steps:
Choose what cryptocurrency to invest in.
Choose a reputable cryptocurrency exchange.
Explore storage and digital wallet options.
Decide how much to invest.
Stay informed and manage your investments wisely.
Is crypto a good investment?
Crypto is considered a high-risk asset class. Limiting allocation helps manage overall volatility and risk. Those new to crypto investing may start with 1% to 2% as an introduction. Only risk capital you can afford to lose should be exposed to crypto price swings
#Megadrop #FIT21
