How To Play Crypto For Beginners Safe And Guaranteed Money How to Play Crypto for Beginners Safe and Guaranteed Money, Today, cryptocurrency (crypto) is the most popular investment.

Many individuals are finally seeking for ways to invest in cryptocurrency in order to build wealth or earn extra money. The reason for this is that crypto assets may deliver big gains in a short period of time.

On the other side, cryptocurrency is fraught with danger. Many investors, particularly newbies, lose money when they play cryptocurrency. Those of you who wish to participate in this movement must thus learn and understand the complexities of crypto.

How To Play Crypto For Beginners Safe And Guaranteed Money

Cryptocurrency is a digital money that uses blockchain technology to prevent duplication or forgery. This money is international and may be used everywhere in the globe. Many governments have employed crypto money as a legal tender.

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Understanding Cryptocurrencies

Cryptocurrencies are similarly decentralized in practice. When using this virtual money, you no longer have to deal with third parties. That is, only the first and second parties’ ownership of crypto money is transferred.

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You no longer need to convert one cryptocurrency to another while transacting with it. In contrast to traditional currencies, the value will vary per nation.

The Indonesian government has not legalized the use of this cryptocurrency as a medium of exchange. MUI also issued a haram fatwa regarding cryptocurrency. You can, however, continue to invest in cryptocurrency. Cryptocurrencies may only be purchased and held as assets.

Attraction of Cryptocurrency

People want to hold cryptocurrency because of its power. As you can see, many people are beginning to consider crypto as an investment option. Here are some of the benefits of cryptocurrency as an investment asset:

1. Different currencies

Tens of thousands of cryptocurrencies are currently available on the market. Not all of them are available in the Indonesian market. However, you may still obtain a wide range of cryptocurrencies.

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Of course, the unit values and pricing available differ as well. Some cryptocurrencies are also quite powerful in the market, making them excellent investment vehicles.

2. Simple to obtain

It is also incredibly simple to begin playing cryptocurrency immediately. There are several digital platforms available for purchasing crypto assets. Not only will you be able to purchase, but you will also be able to sell and get Rupiah money back.

3. Has the ability to rapidly rise

One of the benefits of cryptocurrencies is their rapid price growth. This implies that if the price of your cryptocurrency skyrockets, you can benefit quickly.

4. Trends seen by a large number of people

The popularity of crypto gaming is growing. This is undoubtedly beneficial for novices who wish to participate. The rationale for this is that beginners may learn a lot from news, webinars, and practitioners who are already in this field.

Beginners’ Guide to Cryptocurrency

As a reminder, all investments have some level of risk. Cryptocurrency gambling is likewise fraught with danger. As a result, you must understand the proper actions to follow in order to generate money. Check out some crypto-playing strategies for novices that you may attempt.

1. Only play crypto with cold money.

This is a high-risk investment. As a result, you can only play cryptocurrency with cold cash. Cold money is money that will not be spent in the near future or that has not been designated for a certain purpose. In other words, this is your extra prize.

Of course, the best way to obtain cold money is to complete all of your usual duties. Before you can collect this cold cash, you must first pay your bills and payments, as well as set up an emergency fund and savings.

The usage of cold money is meant to minimize the risk of investing. You do not need to sacrifice money for other necessities when cold money is at risk of being lost.

2. Create an account

After deciding on a firm from which to purchase crypto assets, you must register and establish an account. You must input your personal information and email address while establishing this account. Make sure you input the proper information and use the correct email address.

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The reason for this is that personal data compatibility is critical in digital transactions. You surely don’t want your data to be stolen or even rendered inaccessible because you used the incorrect email address.

The following phase is data verification. Through the application, certain digital sites will want a selfie shot with an ID card and a digital signature. You must wait for verification before you can begin playing cryptocurrency.

3. Make a down payment

To purchase crypto currency, you must first deposit funds into the designated account. Adjust the deposit amount based on your financial capabilities.

Spending too much money can make you unmanageable when it comes to investing. Also, avoid making too-small deposits because they will just make you money.

Author: Irdansyah
I'm a regular contributor to IRDANSYAH commander, and in my business blog, my team and I share tales on the experience of starting a business from zero, how it feels to build a startup, and how to scale-up.

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