I LOST $1000’S IN BITCOIN! 5 IMPORTANT TIPS FOR CRYPRO BEGINNERS!

I LOST $1000’S IN BITCOIN! 5 IMPORTANT TIPS FOR CRYPRO BEGINNERS!



I lost money starting out because I didn’t know what I was doing, I am positive I will recoop my initial losses. Hopefully this vid helps other beginners interested in crypto!
Get $10 FREE! Bitcoin Ethereum or Litecoin via COINBASE http://bit.ly/2AZSRXE

Buy Altcoins at Binance: http://bit.ly/2F4lRjo
Buy Altcoins at Kraken: https://www.kraken.com/

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You hear about Bitcoin and people getting rich, so you want in right?
You hear Bitcoin hit $19k!

What does that mean for you though?

Tip 1
ONLY put in what you are comfortable losing.
Tempting to gamble with this stuff, but dont go hungry and dont expect to be the next millionaire.

Tip 2
Setting up the accounts takes TIME. Don’t think you are going to be able to just buy the next Ripple instantly.
Getting Verified takes weeks for sites like Kraken, Binance
Getting Bank to clear your purchase can takes WEEKS!
Start small so you can get the hang of transferring money around.
I wanted to buy Ripple at 22 cents… I couldn’t get my funds in time.

Tip 3
Research
Clickbait Crypto videos are WORSE than sneaker vids tho, be careful!
You should consider diversifying your investments so its not all or nothing.

Tip 4
Buying Altcoins can be tricky, you can lose $ as well.
You buy Bitcoin from Coinbase at 18k
Then it dips to $14k
Your deposit FINALLY clears
Now you are down $ already, if you transfer that to an Altcoin you are already out $$ on your investment.

You can use credit card, but it also takes a higher fee, but it is same day transaction.

Once you get your bitcoin, you can transfer that to Kraken, Binance etc. Then you have your Bitcoin held at another site, and from here you can trade Bitcoin for Altcoins.
NOT ALL SITES HAVE the Altcoins you may want.
Also, some except Etherium, but NOT Litecoin, so be sure to check ahead, or you will waste more $ on transaction fees.

Tip 5
Dont PANIC BUY
FOMO can mess with you.
1 challenge I have is knowing I need to use my Bitcoin to trade, I want to make sure my Bitcoin is worth the most $ it can be so I dont lose $ from Bitcoin before I trade it for Altcoin.

Have fun! Don’t let it consume you unless you have time to be consumed lol.

Link to my Binance and Coinbase in description:
Get $10 FREE! Bitcoin Ethereum or Litecoin via COINBASE http://bit.ly/2AZSRXE

Buy Altcoins at Binance: http://bit.ly/2F4lRjo
Buy Altcoins at Kraken: https://www.kraken.com/

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