A Baby’s Guide to Cryptocurrency
A famous financial advice says . “A cent saved is a cent gained” is a mantra for some great minds in investment and “An investment in knowledge always pays the best interest” is really as applicable today as with enough time of Ruler George III. As a cryptocurrency enthusiast and advocate am advising the women, gentlemen, and innovative generals about how to benefit from the Byzantine General’s problem. Here’s a brief history of his crypto related quips:
A wise investor must never invest more than is reasonable. What’s affordable depends upon personal liquid capital, capability to handle reduction, trading style, etc. (For our purposes today which do not total legal investment advice: if you merely invest money you are able to lose completely, you’ll never experience crippling reduction. Investors call this fatal move “blowing up”).
A wise investor should never make silly buys which may be regretted with asset appreciation. May we not be the ones to order a 40 million dollar pizza.
A wise investor must properly secure accounts. When utilizing a turn-key budget like Coinbase or an exchange, use two-factor authentication always. Always be sure to use Google Authenticator rather than a SMS message.
A wise investor should never leave money in the exchange wallet.
A wise investor must leave greed at the entranceway. It’s easier to thoughtfully prosper than be the sucker to a scammer. If it’s too good to be true.
A wise investor must research who's behind an ICO before trading.
A wise investor must ensure they aren’t only a tourist here.
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