Earn with Crypto
Pandemic made a lot of people to leave their jobs and to start looking for an additional source of money. Because of the high popularity of cryptocurrency people began to use it as the source of money.
Unfortunately, a lot of them think that this type of virtual money is very easy to earn. These thoughts are the reason why such traders lose money at the beginning of their trading path.
Today we will talk about the most important steps you need to follow if you want your crypto trading process to be successful.
As I told you before, I don’t like when people say something like:
“I want to start trading but I know nothing about crypto”.
This is impossible. To start trading you need to know at least the basics of crypto.
If you will go into this market without any knowledge, you will be the victim of scammers.
Also, a lot of beginner-traders store all of their crypto on their exchange account.
As you know, now a lot of crypto exchanges allow you to deposit the money using the credit card or PayPal. That is why some people even don’t think about having a cryptocurrency wallet. There are a lot of them now and you can choose the best one for you.
Here we can talk a lot about bots, exchanges, but I hope you will read about them during the process of getting the info about crypto.
Now I want to discuss the presence of scammers because they are the most dangerous for the crypto trader or even for the Forex trader. Unfortunately, scammers are everywhere – among crypto wallets, bots, exchanges, crypto channels.
The most dangerous, to my mind, are scam crypto exchanges, that is why you need to use only the experienced and approved exchange. Also, if you don’t want to trade by yourself, you can use crypto signals from professional traders.
You need to be very careful here because, according to the info from the software development company, 90% of crypto channels are scammers, and when you have doubts about the single detail, it will be better to avoid this channel.
Actually, there are plenty of important moments and one article is not enough to discuss everything.
I hope that during your trading path you will discover all the main problems to avoid and will be a successful trader.