How to Invest in Crypto For Beginner's (2020 Step-by-Step Guide)

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Charlie Chang
Published at : 17 Jan 2021
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Should you invest in cryptocurrencies such as Bitcoin, Ripple, Ethereum, and Litecoin? In this video, I'm going over what crypto is and how you can make money by buying and selling these digital assets. Make sure to watch until the end, to get my conclusive thoughts on whether or not you should buy crypto.

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Hint: The platform I recommend is Coinbase, as that is the one 99% of people use, and the one I currently use for ALL my crypto holdings. I've been buying/selling crypto since 2017!

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Crypto is complicated, and it's really hard to fully understand. To understand a coin in its entirety, you will need to read its whitepaper, which is a paper written by the founder of the coin that details what the coin is, what value it brings, and how it works. You can also analyze articles written about different coins, YouTube videos, etc.

Overall, cryptocurrencies are exciting and the technology is new, game-changing, and incredibly complex. I will continue to hold onto my cryptocurrency and see where this new technology goes.

Make sure to do your own due diligence before investing in anything.. Especially something as volatile as crypto. Many people have made fortunes, but many people have lots tons of money as well. I urge you to do further research before putting money in that you can afford to lose.

I hope you find this video informative - if you do, make sure to share it with a friend and also like/subscribe for more videos like this. I appreciate each and every one of you for your continued support!

Thank you for stopping by!

More investing videos:

Beginner's Guide to Investing in Stocks:
https://youtu.be/KdZNiVFlQIs

Here are my 5 favorite dividend stocks for 2020 (Safest):
https://youtu.be/XvARPTeLOAQ

10 Safer but Great Stock Picks for 2020:
https://youtu.be/vAIYNoOGAsI

7 Riskier Stocks for 2020:
https://youtu.be/2uch9VXjmPA-Charlie

My recording equipment and favorite books:
https://www.amazon.com/shop/charliechang

-Charlie

#Crypto #Investing #Bitcoin
how to invest in crypto2020cryptocurrency

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