Gentlemen i want your serious guidance about cryptocurrencies..are they real? Are they worth investing in? Thank you n advance for ur response .I highly regard ur knowledge and direction.you guys have really changed my mentality!
If this is your first visit to SoSuave, I would advise you to START HERE.
It will be the most efficient use of your time.
And you will learn everything you need to know to become a huge success with women.
Thank you for visiting and have a great day!
You want to have diverse exposure to crypto. Buy some on an exchange that's in your country or the closest legit exchange and transfer half to a local hot or cold wallet.Gentlemen i want your serious guidance about cryptocurrencies..are they real? Are they worth investing in? Thank you n advance for ur response .I highly regard ur knowledge and direction.you guys have really changed my mentality!
Thanks manYou want to have diverse exposure to crypto. Buy some on an exchange that's in your country or the closest legit exchange and transfer half to a local hot or cold wallet.
The local coin is completely yours, no party could ever stop you from transferring that coin, this is the true power of crypto. Any coin left on an exchange is at the mercy of the exchange(they hold the keys to the wallets holding the coin). Should the exchange disappear so will your coin on that exchange.
The coin you bought on the exchange is considered a spot long. You bought Bitcoin or whatever-coin without margin, i.e. your position will never be liquidated. You transferred half to a local hardware wallet for safekeeping as a passive investment. The half left on the exchange is your active investment account. Feel free to experiment with different investing strategies with your active investing account or keep adding to your passive account, it's up to you.
You can create baskets of assets depending on risk profile and you can use margin if you know what you're doing. A large exchange like binance or bitfinex can provide leverage, which effectively let's you trade with 10 - 100 times the coin you actually own. Some exchanges allow 500x and even 1000x leverage. Generally you shouldn't touch margin if you're super green. Become profitable with spot trading first.
You could arbitrage the tether dollar pair or sell options. Working on mobile but I'll have to edit the links in here later. You could even invest in stocks via crypto. That is, there are exchanges that provide major index tracking investment vehicles in exchange for Bitcoin.
You could stake a coin like tezos or bake it and get about 10% annual ROI very consistently, or you could stake various coins on exchanges as margin for others, or you could create your own exchange or own coin. It's the wild west in a lot of ways.
Put away your credit card.
You can now read our detailed guide to women and dating for free - Right Here!