Crypto Earning Now its 100% legal in India

in #cryptocurrency3 years ago

photo-1518546305927-5a555bb7020d.jpeg.jpg

(Note : Not a financal advice )

If you are new to crypto, here are some basic tips and tricks.

Tips :

Don't be greedy
Patience pays you
Hold for Long term
Where to buy : In India ,You can buy cryptocurrency through WazirX , Giottus , Coinswitch and Coindcx .

Tricks :

Use Hardware wallets (eg.SAFEPAL ) for storing your cryptos.(note for large investors more than ₹30k)
While holding,use Staking , Farming and Liquidity providing techniques .
Once you brought crypto in any exchange , transfer it to Binance .
Binance provides you interest and you can perform all activities here.
Be open minded, try to know about all cryptos .
Don't depend on Bitcoin and Etherum ( common cryptos )
Top 10 cryptocurrency you can invest:

My personal suggestion

1.Cardano (ADA)

2.Matic

3.AAVE

4.Chainlink (LINK)

5.Doge coin

6.Bit torrent ( BTT )

7.Vechain (VET )

8.Binance (BNB)

9.Etherum (ETH)

10.Litecoin (LTC)

   There are many other coins releasing day by day . You can do your own research to know about it .You can get any coin's price,trading volume,its supply ,its price chart and it belong to  in which market in Coinmarketcap .

If you are using twitter ,u will come across SAFEMOON , SHIBAINU etc., These are memecoins , you can get in Defi (Decentralized Finance) eg. Uniswap ,Pancakeswap , Manyswap and many other defi platforms are there and you can store them in wallets (eg. TRUST WALLET , METAMASK ). DEFI works in major two network ETH (Etherum network ) and BSC (Binance Smart Chain).In this BSC has very low gas fees. ETH is only for largest investers. Wallets dont need any KYC details . Gas feel is nothing,its a transaction fees .Binance has largest liquidity compare to another exchange

LIQUIDITY :

It depends on

No. of sellers to collect particular coin and No. of buyers to collect a particular coin.

At present more than 10000 cryptos are available in the global market .

Stay away form Meme coins,they are shut coins.

Go for Standard Coins with good support .

Eg. BTT - Torrent

WIN - Gaming

BNB ,WRX , CRO - Exchange

Time to get cryptos :

More you learn more you gain in crypto. Jump in when everybody in fear.

2 situation in crypto market :

Bull market - Rising phase
Bear market - Falling phase
Try get in at the end of bear phrase,that is the best time to enter the crypto market.

Sort:  
Loading...

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 58470.49
ETH 2617.16
USDT 1.00
SBD 2.39