Newcomers entering the currency circle for the first time, ten questions and ten answers (introductory chapter for beginners) #BTC #ETH
Question: How should a newbie choose coins when entering the market?
There is no need to choose, the market has already chosen for you, just go for the most expensive one. In the currency circle, it is Bitcoin or a combination of Bitcoin and Ethereum.
Question: How can newbies make money in the currency circle?
Be sure to listen and don't believe in yourself.
The most profitable and worry-free way in the currency circle is the long-term holding strategy, that is, hoarding coins. You can buy in batches or stud, the important thing is to hold on.
Don't study other things. Use the remaining time to learn various other knowledge.
Question: If you want to hold the currency for a long time, when will it be liquidated?
Realization will take at least two cycles, which is about eight years from now, or at least 10 times the income as measured by the rate of return before liquidation can be considered.
Question: Since you can make money by hoarding coins, why don’t everyone in the market hoard coins?
Because there are always only a few people who can have financial freedom and make a lot of money.
Q: Where can newbies buy Bitcoin?
Exchange.
Question: Exchanges are not allowed to open, what should I do?
There is something called magic. There is also a region in our country called Hong Kong. How about getting a Hong Kong ID to play with?
Question: How should newcomers keep the coins after buying them?
At present, the safest way to save is an offline cold wallet.
But there is no such thing as a completely safe place for an asset. If you are a novice, the amount of funds is relatively small.
If you want to communicate with qun+wei: 2758624303, I suggest you exchange it, it is convenient and simple.
As knowledge advances other storage methods will be considered.
Q: How much money should I invest?
Theoretically, just 20% of your income is enough. It has been scientifically proven that a 20% reduction in your income will not affect your quality of life.
Question: Bitcoin is so expensive now, can I really still make money?
able!
