Tomas - Cryptocurrency Investment 2018

Cryptocurrency Investment 2018

H ello and welcome to the cryptocurrency investment course.

In this course you'll learn how to invest in cryptocurrency.

Cryptocurrency has been booming in 2017 right now as I speak we're towards the end of November and 2017 an cryptocurrencies like Bitcoin just skyrocketed.

So, now is really the time to learn about the currencies and invest in them. It's really just picked up this year but I feel like this is really the start of it and now is the time to get into it.

For newer generations, it's a lot harder to find something to invest in like stocks can take a really long time to get a return on your money. With crypto currencies it's insane, you can invest $100 before you go to sleep wake up in the morning and you've made $300.

By the end of this course you will know what crypto currency is and how to safely invest in it to really make a lot of money without really doing anything other than going to some websites.

researching cryptocurrency

T he first thing you want to do before you start to invest in crypto currency is do some research. Just by simply doing some Googling for Bitcoin or cryptocurrency you can start to understand about or and know what you're getting yourself into.

Cryptocurrency for those who do not know, is a digital asset that is used to make secure transactions and it is a decentralized currency and has no third-party involvement.

bitcoin was the first cryptocurrency and it really is what started this whole movement back in 2009 but since then there are tons of different crypto currency out there. If you go to www.cryptocompare.com (one of my favorite websites and go to coins) you can see the value for a lot of the different crypto currencies out there.

So, do your research, go to this website and look at the changes in value you can click on any of these coins and look at charts for them

• to see how much they've gone up and down over time,
• to know when the right time is to invest in it.

And if you look at these charts you can find out how you know what the best time to invest in the currencies. Sometimes some of them are have a low point at midnight and maybe they peak at eleven o'clock in the morning.

So just do as much research as you can figure out what currencies you want to invest in. And really have a good understanding of the price you are buying it at, so know if you're buying it at a high price or a fair lower price.

One of my favorite things to do is read through a lot of the articles that made some of the predictions for 2017 boom.

here's one from Forbes website that back on April 12th

(https://www.forbes.com/sites/rogeraitken/2017/04/12/cryptocurrency-boom-predicted-by-bitcoin-market-data-ceo-confirmed-trend-set-to-continue/#3197bb6533fa )

Was making a prediction that there was going to be a big boom and cryptocurrency, and there was. If you look at the charts for all the different coins. It's at the beginning of the year is when thing is really started to boost up.

Spent a day, google bitcoin to look at a lot of the old posts and get an idea of how big of a deal this is and make your own opinion on where it's going to be.

I mean, all of us can make predictions, I've done so much research and it can be hard to really put your eggs in one basket but the more research I do in the more proof I've seen from the success of my investments I can say with confidence that it is a great way to go and you won't want to be someone that missed out on it.

www.reddit.com is a great place to research cryptocurrency. There's a bit coin subreddit out there you can go through; lot of ups and downs between negativity and positive comments but for the most part you can get a really good idea of what's working out there.

I personally, when it comes time to figure out if I should buy or sell I always go to reddit and see what everybody's thinking because there's a lot of experienced investers on there that can really help give you some good advice.

crypto pricing

L ike I mentioned in the last chapter, www.cryptocompare.com is a great website to look at pricing for coins. So, if you go to the website and go to the coins tab you get a listing of the different crypto currencies out there.

I usually go to U.S.D. top list to see what the vast coins are that are out there based on their US dollar value.

This is as close as you're going to get from real time as you can see there's a last trade column so that every time there's a trade it's being updated and it'll show you a difference up or down based on the last twenty-four hours.

By default, it's sort of based on volume, so the more volume the better potential that the coin has. Bitcoin of course is going to be number one, bitcoin cash, Ethereum are really good ones to invest in as well.

I go through and look at the changes in the 24-hour mark and that tells me what's really growing. And you'd be surprised sometimes you come in here and you'll find currencies that have one up 100% in the last 24-hours.

So definitely take some time, look through here and you don't have to invest thousands of dollars. I mean, there are some pretty cheap cryptocurrency is out there even of the top twenty that you can invest pennies in.

You can put one hundred dollars into one of these stocks and if it happens to go up. One hundred percent then you're going to make a decent amount of money.

Right now, September 30th 2017 Bitcoin, Ethereum, really the top five on here are all good ones to invest in. Bitcoins only one that's been really skyrocketing it is at over $10,000 for the first time now and I guess bitcoin cash had some moments.