Update #2: Writing Expedition ✍️||Wednesday crypto and technology|| things to bear in mind before investing in any crypto investmentsteemCreated with Sketch.

in Steem Kids & Parents2 years ago

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Hello, and welcome to my blog for today. I hope everything is working perfectly, and I hope you enjoyed your day. Today I will like to drop my second entry on this awesome contest here in this community, as we all know that this is Wednesday and it is a day for crypto and technology stuff based on the community's schedule. Today, I will like to share with everyone the things to consider or put into practice before investing in any cryptocurrency in the crypto market. I hope and think that my post will be valuable and helpful to the newbies on the platform and also in cryptocurrency.

Things to consider before investing in any crypto

Cryptocurrency is really risky and should not be practiced by those who don't know how it works. The reason is that you might experience great loss or end up in the hands of scammers.

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Choose a better crypto exchange broker or platform:You can be successful in cryptocurrency based on the platform you are working with or trading on. There are so many platforms out there that are never user-friendly, while there are others that can equally help you find your way in cryptocurrency. To start your crypto journey, I suggest that you go with Binance. You can register and also participate in lessons on how to use the exchange; you can also earn while taking those courses.

Choose a particular crypto and check on its history:Going into too many trades is never the right thing for any new user in cryptocurrency; you have to focus on those coins that are less expensive, easy to predict, and friendly to their owners. To choose a particular cryptocurrency, you have to first check its liquidation and supply, which means that you have to check on the amount of the coin supplied to its users and also check on the market value of any cryptocurrency you will like to buy.

White paper Every organization or company around the world has its own white paper, so any crypto you would like to invest in must have one. This white paper controls all the details of the crypto, both when it was launched and how it has pumped, as well as how often people purchase and sell it.

**Suggestions from friends: ** To become a successful trader in cryptocurrencies, you have to be close to people who know more about cryptocurrencies and those who have been trading cryptocurrencies for a long time. From them, you can get an update on coins that have fallen and risen, and from there, you could make a great choice on a particular crypto to invest in.

A list of cryptos to invest in 2023

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  1. Steem: Currently, steem is a good coin to invest in, but since it has just recently lost value because other cryptos in the market are also losing value, I suggest that steemit is a good investment.

  2. Tron: I think Tron is also a good investment for 2023. Investing in Tron requires great patience because it goes up on a seasonal basis, and you will need it for future use.

  3. LunC: This particular coin is a good and cool investment for 2023, although it has no value now. I suggest that it's better for us to buy and save them now because, in the future, they will be of great value.

Thank you all for reading my post in today's lesson. I will get back the following day, and I hope you will enjoy my stay. @fortwis09, @madilyn02, and @okere-blessing

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 2 years ago 

Hello @chukwu10, thank you for your wonderful contest entry in our community today. We have assess your entry and we present the result of our assessment below.

Club Status#club75
Steem Exclusive
Plagiarism Free
BOT Free
Voting CSI6.3
Score (quality/rules)8/10
Verification date:2023-03-23
i invite you to support @pennsif.witness for growth across the whole platform through robust communication at all levels and targeted high yield developments with the resources available.
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 2 years ago 

Thank you the post review.

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