12 Nov 2017

                 HOW TO INVEST IN CRYPTOCURRENCY

 This tutorial is for those that want to know how to invest in cryptocurrency but having problems in understanding  how to get started.

This tutorial will cover :-

(1)While you need to invest in cryptocurrency

(2) Which cryprocurrency should you invest into.

(3) How to get cryptocurrency

(4) Where can you buy cryptocurrency

(5) How can you store the cryptocurry

WHY INVEST IN CRYPTOCURRENCY

BIG COMPANIES AND GIANT BUSINESS ARE CONSIDERING IT IMPORTANT

 Since it inception 8 year ago  many have predicted that bitcoin will soon loose value.Yet, eight years after its inception, they’ve been joined by a growing number of  Big companies and giant business like:-

Overstock.com

DISH NETWORK

Microsoft

Intuit

paypal
who see bitcoin—and other digital currencies—as a legitimate asset class such as stocks, bonds, or commodities.

MORE AND MORE PEOPLE ARE USING BITCOIN EVERYDAY 

In 2010 less than 50,000 people are using bitcoin on daily basis but today more than 350,000 people are using it for daily transaction.

VOLATALITY IS TRENDING REDUCING

On top of increasing number of vendors accepting bitcoin,price volatality is trending down and for long time investors, that's is certainly a good thing


In 2011 the volatality is 15% but in 2017 the volatality is less than 5%.This mean that day to day fluatautions in the price of bitcoin are decreasing and the price of bitcoin is more stable.And for a form of currency this is more important, it means consumer's, money is more reliable.

WHICH CRYPTOCURRENCY SHOULD YOU INVEST INTO

With many new coins launching  picking the correct one is a matter of research and investigation to determine potential worth in the short to medium term while longer term olds are perhaps riskier and one should always be risking with funds you can afford to lose rather than being “all-in” with nothing to fall back on. So here are places to make your research about the currency to invest into:

https://bitcointalk.org
 https://bitcointalk.org
 https://cryptonaire.com/
http://www.pulse.ng
Warning:Do not make your choice base on future performance

HOW TO GET CRYPTOCURRENCY TO  INVEST
Investing into cryptocurrency required getting the currency before you can decide what to do with it.either to store it or to trade it with another cryptocurrency for profit.
You will need to buy from a reliable exchangers with your real currency.Here a few reputable website to buy cryptocurrency from:

BUYING FROM COINBASE

CREATE AN ACCOUNT IN COINBASE

After creating your  account, click on your name.Click  setting at the l.eft hand side,then payment method,after add payment method click on the payment method you prefer.


Enter the amount you want to buy, and click "Buy Bitcoin Instantly". Your coins will then be delivered to your Coinbase wallet!

 




 

 

 

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