Cryptocurrency investment has become popular because it opens many earning opportunities for large and small investors. The fact is that crypto rates are subject to market fluctuations, allowing to receive profits in the short and long term.
Some investment strategies imply short trades during the day with a few portions of profit from each deal. Other strategies imply that the period between you buy and sell cryptocurrency ranges from a few weeks to a couple of years. So everything depends on the trader’s strategy, market trends, and other factors.
While deciding on this or that trade, users rely on cryptocurrency prices live. That is the current rate of crypto assets. For this purpose, traders learn crypto charts from major credible crypto platforms. The charts show the asset’s rate changes and trade volume in different forms and colours. Learning crypto charts is an essential part of trading and investment, for the charts help understand the next market fluctuation and the overall trend for making the right decision.
How To Invest In Cryptocurrency?
Credible and legitime crypto platforms such as Binance, WhiteBIT, Coinbase, etc., offer both trading and educational sections for users. WhiteBIT and Coinbase are more suitable for beginner traders fo their interface is easier to understand, and they allow for demo trading options. Demo accounts are available for all users – experienced traders who, for example, want to practice some new strategy, and beginners who actually want to receive basic skills.
To start cryptocurrency investment on a crypto exchange, follow the steps:
- Register on a platform and pass KYC
- Add your bank card to your account
- Deposit fiat assets from your card to your account
- Open the “Trade” section
- Pick a cryptocurrency to invest
- Pay the fee
- Receive crypto to your account.
We picked promising projects according to their qualities and blockchains, usefulness, prospects of experts, and application: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Ripple (XRP), Binance Coin (BNB). These projects have already got practical use cases and have all the chances to skyrocket in the future.