Should I invest in Crypto?

in #steempress6 years ago (edited)


The Breakdown

There is a small window of opportunity still open, but it will close, no matter what you hear, this tech is still young and the advances to come will put your investment in the super positive. Don't buy into to many ICO's and Tokens as much as into the original Coins, in this case, Bitcoin, Ethereum with notable stable ones being Litecoin, DASH, Ripple and Zcash.

The reason for this is that ICO's and their tokens are hyper volatile. Bitcoin and the coins with long life thus far, are also volatile but not likely to completely disappear on you at a moments notice.

Diversify

Invest yourself in various places. Bitcoin, Litecoin, Ripple, Dash, Monero, Zcash and Ethereum are all great to hold onto for future resell or use.

As we keep seeing with Bitcoin, it rises and falls all the time and if you are time invested in trading, you will make a pretty penny, but be warned, it will become a second job to monitor it all the time, which is why our advice is to buy low and hold, if you only wish to be involved at a base level.

Making sure you are secure, connected and you understand the risks is key to not loosing your mind in worries about your investments in cryptos.

Thats where Crypto Consortium can help.

So whats next?

Begin with Gmail

Gmail is the best email client with the most connected services that help you secure and enjoy the process.

Next, get Authy, this is for 2 factor security. Google has their own Authenticator, but Authy has more features and better management.

Afterwards, start your Luno account, using your gmail and Authy to secure the account as directed.

Also, get Jaxx which is one of the most fully featured multi crypto currency wallets available with average fees that are well worth paying to make the process more enjoyable and safe.

The last part is to either get an FNB cheque / credit or fusion account, to better serve your international needs.

FNB is recommended as it has a much more enjoyable fully featured online platform.

THE BOTTOMLINE

Investing in a future technology is always risky, but the proof is in the proverbial pudding, and cryptos are sweet. It is therefore of utmost crucial and deliberate voice I say YES, absolutely.


Posted from my blog with SteemPress : http://cryptoconsortium.co.za/blog/should-i-get-invested-in-crypto-currency/

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