The Cryptocurrency Investing Guide: How to Invest and Trade Cryptocurrencies for BIG Profit in 2018
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About this ebook
Have you ever wanted to invest in cryptocurrency? Have you hesitated in your investments because you are not sure where to start?
Ever since Bitcoin burst onto the scene, it has caused a radical shift in the world of financial transactions and online payment systems. Cryptocurrencies are the future of digital money, and they have also become a novel new way to invest and earn big returns.
Many thought Bitcoin and the other cryptocurrencies would just be a passing fad, but instead virtual currencies have surged in value and volume. The total market capitalization of cryptocurrencies has reached over $500 billion and is showing no signs of slowing down.
After you are done reading this book, investing in cryptocurrencies will be easier. This book will also answer many of your questions about cryptocurrencies.
In The Cryptocurrency Investing Guide you will learn:
• The different types of cryptocurrencies
• How to store your cryptocurrencies, so they are safe
• Investment strategies with cryptocurrency
• How to buy cryptocurrency and where to buy it
• How to manage your risks as well as how to manage your money
And so much more!
So why continue to lose money when you could be making more by investing in cryptocurrencies? Pick up this book today so you can start making money now!
Scroll up to download now!
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Book preview
The Cryptocurrency Investing Guide - Colin Everett
Introduction
Thank you for downloading The Cryptocurrency Investing Guide. The following chapters will discuss everything you need to know for you to begin investing with the cryptocurrency of your choice.
You most likely have heard of Bitcoin, but did you know there are other cryptocurrencies out there that you can invest in? This book will walk you through some of the other cryptocurrencies that most people may not know about as well as the most popular, Bitcoin.
Not only that, but you will also learn how to buy and sell cryptocurrencies on the exchange platforms (and make a lot of money doing it) as well as learn how to keep your cryptocurrencies safe from hackers.
Keep in mind that you should not make any investment decisions based on what others say. You should always make your investment decisions based on what you know about your own financial situation. The strategies that you see in this novel may not work for you. Therefore, you will need to find your own strategies. It is also guaranteed that the prices that are stated in this book have changed due to the fact that the market is constantly changing.
Chapter One: The Types of Cryptocurrency Available for You
You may have heard about cryptocurrencies before, but here’s a quick recap: Cryptocurrency is a digital currency that you will earn off a blockchain platform. Digital currencies have been making headlines all over the world. Many people only know Bitcoin, when in fact there over a thousand cryptocurrencies out there. It is common for people invest in many different cryptocurrencies, so if they make a loss on one coin, they can make it up on another one. This is called diversification which greatly minimizes risk. You will learn more about it later in the book.
In this chapter, you will learn about the biggest, most popular cryptocurrencies that are available today, and what their symbol is. The coins listed below will be listed in order according to their market cap on coinmarketcap.com. Market cap is determined by multiplying the supply of the coin by the price of the coin. It indicates how much money the coins in circulation are worth in total.
See the source imageBitcoin: BTC
See the source imageEthereum: ETH
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See the source imageRipple: XRP
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Bitcoin Cash: BCH
See the source image––––––––
Cardano: ADA
See the source imageNEM: XEM
See the source image––––––––
Litecoin: LTC
See the source imageStellar: XLM
See the source image––––––––
IOTA: MIOTA
See the source imageEOS: EOS
See the source image––––––––
Dash: DASH
See the source imageNEO: NEO
See the source imageTRON: TRX
See the source imageMonero: XMR
See the source image––––––––
Qtum: QTUM
See the source imageBitcoin Gold: BTG
Image result for bitcoin gold logoICON: ICX
Related imageEthereum Classic: ETC
See the source imageLisk: LSK
See the source imageRaiBlocks: XRB
See the source imageOmiseGO: OMG
Image result for omisego logoVerge: XVG
See the source image––––––––
Binance Coin: BNB
See the source imageBytecoin: BCN
See the source imageZcash: ZEC
See the source imageSiacoin: SC
See the source imageStratis_Logo_Gradient Stratis: STRAT
Populous: PPT
logo_bigvechainVeChain: VEN
Keep in mind that there are thousands of cryptocurrencies that you can choose to invest in. And if you cannot find a cryptocurrency that you want to invest in, don’t worry because new cryptocurrencies are being created every day.
However, how do you know which cryptocurrency is the one that will create the most profit for you? One way to know what cryptocurrency to invest in is to look at the market cap of the coin, not the price. A lower market cap means there is more room for the price of the coin to grow. But if you are looking to make a 50x or more return on your money, then looking at the price is not a bad idea either. A coin worth