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CRYPTO BLUEPRINT You want to get started with crypto but don't know where to start?
Let's start with the Twitter accounts you should follow
@cz_binance
@APompliano
@winklevoss
@100trillionUSD
@saifedean
@aantonop
You're now following high quality accounts!
The next step of your journey should be education & knowledge.
You should have at least a basic knowledge about cryptocurrencies before you start investing
Recommendations
1. Mastering Bitcoin by @aantonop
2. The Bitcoin Standard by @saifedean
3. @BinanceAcademy
You should have at least a basic knowledge about cryptocurrencies before you start investing
Recommendations
1. Mastering Bitcoin by @aantonop
2. The Bitcoin Standard by @saifedean
3. @BinanceAcademy
What's the next step?
You should register now on a Cryptocurrency exchange
Recommendation
@binance
Why #Binance
?
Highest volume
Most popular exchange
All solid coins are available
Always releasing new features
Steady system & security upgrades
You should register now on a Cryptocurrency exchange
Recommendation
@binance
Why #Binance
?Highest volume
Most popular exchange
All solid coins are available
Always releasing new features
Steady system & security upgrades
Where to store your cryptocurrencies?
You can store your cryptocurrencies on the exchange if it's a small amount.
Once your holdings are rising theres no way around a hardware wallet from @Ledger
Storing your cryptocurrencies safe has highest priority!!
Their products are A++
You can store your cryptocurrencies on the exchange if it's a small amount.
Once your holdings are rising theres no way around a hardware wallet from @Ledger
Storing your cryptocurrencies safe has highest priority!!
Their products are A++
How can I track the overall market and individual cryptocurrencies?
You can track the overall market at @CoinMarketCap
And everything what you need to know about a Cryptocurrency such as
- Rank
- Price
- Supply
- Volume
- Markets
- 24H% Change
Is displayed on CMC
You can track the overall market at @CoinMarketCap
And everything what you need to know about a Cryptocurrency such as
- Rank
- Price
- Supply
- Volume
- Markets
- 24H% Change
Is displayed on CMC
You also need to know that not every Cryptocurrency is supported by one exchange so you'll have 2-3 different exchange accounts and your funds will be spread on the exchanges.
@blockfolio will enable you to track all your funds on one place.
So you exactly know your balance!
@blockfolio will enable you to track all your funds on one place.
So you exactly know your balance!
For the most recent crypto news i would recommend you to follow
@Cointelegraph
@CoinDesk
So you'll never miss the latest headlines in cryptosphere.
@Cointelegraph
@CoinDesk
So you'll never miss the latest headlines in cryptosphere.
Common crypto beginner mistakes you should avoid 
1. Buying cryptocurrencies your friend or social media recommends you
They probably don't know more than yourself
2. Panic selling - Learn to deal with volatility because it's a part of the market
Panic selling leads to
1. Buying cryptocurrencies your friend or social media recommends you
They probably don't know more than yourself
2. Panic selling - Learn to deal with volatility because it's a part of the market
Panic selling leads to
3. Diversification - Don't put all your money in one basket, diversify it on multiple currencies
So it won't be a drama when one currency flops.
4. Trading
Remember that you're an investor and not a trader.
Especially beginners tend to trade back and forth
= losing money
So it won't be a drama when one currency flops.
4. Trading
Remember that you're an investor and not a trader.
Especially beginners tend to trade back and forth
= losing money
The majority of your portfolio should be @Bitcoin & @ethereum
Why?
The overall Cryptocurrency market is already risky & speculative
So to minimize your risk as much as possible your biggest two holdings should be the two leading cryptocurrencies..
Why?
The overall Cryptocurrency market is already risky & speculative
So to minimize your risk as much as possible your biggest two holdings should be the two leading cryptocurrencies..
How much money do you need to get started?
You can start investing in cryptocurrencies with already $5.
You don't need thousands of dollars to start investing.
The dollar amount isn't that important.
Consistency is where the magic happens!
Aim to invest steadily every month!
You can start investing in cryptocurrencies with already $5.
You don't need thousands of dollars to start investing.
The dollar amount isn't that important.
Consistency is where the magic happens!
Aim to invest steadily every month!
I hope you enjoyed reading this thread..
If you still have any questions I'm always available to talk!
Just shoot me a DM!
-Sheen
If you still have any questions I'm always available to talk!
Just shoot me a DM!
-Sheen
