How did I get into Cyber Currencies?
First of all I would like to say that this website is not in any way an investing advise. I would only like to share with you my experience with cyber currencies and help make your research easier.
With that out of the way, I started investing in cyber currencies in July 2017, and man I wish I started earlier! At the time I only knew about one cyber currency which was bitcoin, but in reality there is a variety of currencies.
Most people jump into cyber currencies with zero knowledge about what they are. I first heard about Bitcoin back in December 2016, never in my wildest dreams did I think that it would be as big as it is right now. As more of my friends started buying, and the price of bitcoin started to increase, I stared to get curious and started my research.
I started buying cyber currencies when I understood the technology behind each one, rather than just following what others tell me.
Below you can see my investments:
[currencygraph currency1="btc" currency2="usd"]
[currencygraph currency1="xrp" currency2="usd"]
[currencygraph currency1="iot" currency2="usd"]
[currencygraph currency1="eth" currency2="usd"]
[currencygraph currency1="Dash" currency2="usd"]
|Month||Invested in||Quantity||Price per unit||Total Quantity on hand|
|July 2017||Bitcoin||5||$2,920||5 BTC|
|August 2017||Ethereum||14||302||5 BTC, 14 ETH|
|September 2017||Ripple/IOTA||11,000 XRP/ 7000 IOTA||$0.18 XRP/0.50 IOTA||5 BTC, 14 ETH, 11,000 Ripple & 7000 IOTA|
|October 2017||Dash||7 Dash||$298||5 BTC, 14 ETH, 11,000 Ripple, 7000 IOTA & 7 Dash|
Well its completely up to you, there are so many exchanges out there now. I would definitely recommend that you do, do your research and make sure you sign up with a legit exchange.
The best are Coinbase, eToro and Changelly, I would definitely recommend eToro as you the option to start with a demo at first. They have amazing tools to help with trading such as indicators and also provide videos to explain these indicators. eToro do provide your own VIP manger to help you with your trading and answer any questions you might have. You can also follow and copy the best traders in eToro.