6 How To Invest in Cryptocurrencies - A beginners Guide | Steemit Crypto Academy | @besticofinder

in SteemitCryptoAcademy3 years ago (edited)


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How To Invest in Cryptocurrencies




introduction

Blockchain Projects, Security and Investment The blockchain projects are full of many questions and uncertainty, when a project is created, which is aimed at some important need within the blockchain ecosystem we will find the White Paper that tells us the roadmap to follow this project, every investor needs answers which can answer some of them here, how to buy or sell a cryptocurrency when to buy and sell it so in this research I will do a fundamental analysis and select a cryptocurrency to invest in 2021 on the official website of coinmarketcap. com with a range of 100 - 400



The factors that I consider to select this cryptocurrency are

My selection

Trust Wallet Token (TWT)


(TWT) is the token BEP20 that was born from Trust Wallet and is managed under the BEP-2 and BEP-20 token network.
Binance announced to incorporate twt to the list of the innovation zone and enabled for trading twt/Btc TWT/BUSD and TWT/USDT on 27-01-2021 this coin is native to the trust wallet wallet token (twt) it attracts my attention because it is a very new token that is becoming famous very quickly because of this the volatility is high, as it is a coin that binance adopted we have the twt listing fee is 0 BNB.



Project Concept:

TWT is a coin with Total Supply: 1,000,000,000,000 TWT (CSupply: 180,564,498.83377) is at Rank #285 is native to a decentralized cryptocurrency wallet that allows to create Dapps and wallets natively these blockchain developers should not worry about low level implementation details as it works together with the community.

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Social reach:

The social reach is very high the binance community has implemented trading and accepting twt/Btc TWT/BUSD and TWT/USDT with a very acceptable commission of 0 BNB (its native currency) this has opened a great growth and made its value rise exponentially since its release.

Accepting more than 20,000k assets being supported by this platform the impact is massive.

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the purpose of the project

(Twt) is a native trust wallet that was born with the purpose of accepting thousands of assets and creating an ecosystem able to support and maintain asset transfers both to send and receive, store stable coins to avoid volatility, you can buy them with just your credit card, you can exchange them in seconds for different assets.



The equipment and the market response

Regarding the team every month update the system high confidence and security as it works with very high caliber platforms, in terms of acceptance of people who rely on this currency has seen a high growth since the beginning this currency had a value of $ 0.007092 $ currently trading at $ 0.5648 $ and is believed to continue to reach record high by the end of this year 2021 in its historical maximum recod was $ 0.83 in February this year. With a turnover of more than 82 million U.S. dollars, it is expected to reach a record high by the end of 2021.



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The factors that support

my decision are based on the great increase of people and the great acceptance of token in the market this has created a great volatility and movements in this coin I think it is a currently undervalued coin which we can get a lot of juice when this coin reaches or exceeds its historical recod. In the white sheet at the beginning of the ico, the creators designed twt to reach at least 10$ in the market in the not too distant future. So I see a very good option to choose for my long term asset portfolio and I have seen its growth since the beginning of the ico until now.

I thank the professor @besticofinder for so much work and effort that he dedicates day by day firstly to write the articles that teach and are a good matter for the community of Criptoacademy also I thank the administrators @steemcurator01 and @steemcurator02 for the great work of cures that are implementing and so give my congratulations for the great growth that has the community at this time I hope to see more courses like this in the coming weeks and encourage the cryptographic study and learn a lot about these cryptographic topics.



Thank you very much for your visit you can go to my profile and look at the other activities related to cryptos.



Cc: -
@steemitblog
@steemcurator01
@steemcurator02
@besticofinder


>Note : teacher remember about task 3 and 4 which were not curated but evaluated by your person thank you very much.
Sort:  

Hello @laser145,
Thank you for submitting homework task 6 ! Trust Wallet is a really good project with a great potential ..

trust wallet that was born with the purpose of accepting thousands of assets and creating an ecosystem able to support and maintain asset transfers both to send and receive, store stable coins to avoid volatility, you can buy them with just your credit card, you can exchange them in seconds for different assets.

This project seems to be have a very good concept behind it. Thanks for sharing this information .. was a good read [6]
Thank you

 3 years ago 

@besticofinder Greetings, how are you, teacher, I haven't been cured by the evaluation, what would happen? is that evaluation 3 and 4 were not cured either, can you help me with that?

Hi , Thanks for the reminder.

 3 years ago 

thanks to you happy evening teacher.

 3 years ago 

hi, @besticonfinder why would they jump me?

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