What are some good insights on getting into crypto?
What are some good insights on getting into crypto?
I’ve been really interested in the crypto world & wanting to learn more so I could start investing eventually. I know somewhat about bitcoin & bitcoin mining but I WOULD also like to know what else is out there & if there really are any tips or mentors that I should be aware of, to get a better insight. Generational wealth is what I’m aiming for. In lameness words what are the first steps that I should be aiming for…?
Without getting to into it, here’s a brief list to consider:
Only invest the amount you’re willing to lose.
Pick maybe 2-3 coins (to start with) you want to invest in.
Stay away from meme coins.
Choose an exchange that supports the coins you’ve chosen.
Understand the difference between exchange wallets, hot wallets, and cold wallets.
Be hyper vigilant about security.