1. Determine a percentage of capital for investment 📊
Determine the percentage of your total funds you will invest in cryptocurrencies. It is preferable to start with a small percentage (such as 5-10%) until you gradually gain experience and reduce risks.
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2. Choosing and buying currencies for investment 💰
Choose the currencies you want to invest in through a reliable platform such as Binance. It is preferable to diversify between currencies such as:
Bitcoin (BTC): The Market Leader 🔥
Ethereum (ETH): The base currency for smart contracts 💡
Cardano (ADA): Sustainable Decentralized Solutions 🌱
Polkadot (DOT): Integration between blockchain networks 🌐
Solana (SOL): Fast network and low-cost transactions ⚡
Start with small amounts and pay attention to market fluctuations.
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3. Store coins in a secure wallet 🔒
After purchasing coins, store them in a secure wallet. It is best to use a hardware wallet (such as Ledger or Trezor) to protect your digital assets.
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4. Monitor the market periodically 📈
Monitor market movements regularly but don’t worry about daily changes. Focus on long-term investing to get the best returns.
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5. Periodic re-evaluation of the portfolio 🔄
Review your portfolio periodically (every 3-6 months) and evaluate performance. If necessary, adjust your portfolio to increase diversification or improve returns.
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💼 Bonus tip: Only invest amounts you can afford to lose, and be patient with the
Long term success in this volatile field.