As you’ve realized the problem of the current financial system and the potential that crypto has, you may be interested in getting a piece of the cake.
What is the first step?
Before buying your first cryptocurrency, you need to do much research.
The crypto market is still very young.
Most people are being mislead by not knowing the basics of the crypto market.
That’s why we built this series of lessons to give people clue what the power of crypto space is.
Not only that, we will help you step by step to get in and become part of the revolution.
There are more than 2000 cryptocurrencies so it may sound hard to find one to invest in.
However, hold on.
It is still too early for you to think about this topic.
We covered this topic deeply in our trading/investing course where we explained everything you need to know and steps to take to find the right one.
What was the purpose of creating cryptocurrency?
The primary purpose of the creation of Bitcoin as a decentralized currency was to give the masses the power to control and manage their own money.
You might ask yourself: Well, do I not have full control of my money?”
Since the money you deposit in the bank is usually used to lend it out to others, you technically do not have full control over it.
What you own is simply a promise by the bank to pay you.
By this new technology, the power of controlling your own money was given back to YOU and it is up to YOU to take advantage of it.
The worst thing you can do is to give it back to someone else.
The first step before buying cryptocurrency is to open the wallet where you will store your cryptocurrencies.
In the market, there are hundreds of wallets that claim that they offer the best performances to their users.
The fact is that there is a lot of fraudulent wallets out there and that’s why we will suggest you a wallet with the highest security that showed the best performance in the past.
Milos is an independent trader, with a background in journalism and publishing. Nomadic by nature, he’s lived in four different countries this decade. He’s fascinated by Blockchain technologies’ potential to reshape all aspects of our lives. Milos got into Bitcoin while completing his degree and hasn’t looked back since, writing about anything crypto-related. He is the co-founder of the Cryptoaims and he has a strong passion to educate people about this revolutionary technology.