The cryptocurrencies, are a type of virtual currency that despite having been created in 2009, is the order of the day cryptocurrency cold storage. They are known as the money of the future, a future that is already current and that has large investments in countries such as Japan and the United States. Currently it is one of the most innovative and futuristic ways to invest, so we recommend following the following guidelines:
1. Learn thoroughly and investigate:
Despite having spent almost 10 years of his birth, it is a subject that continues to raise doubts and is very delicate. For this reason, we recommend that you do not get carried away by the success and failure stories on the Internet and try to understand how the blockchain process has worked in each case.
Do not risk more money than you can afford to lose, and use it as a tool with which to promote, and risk, less than half of your savings. In any investment there is a risk, but in this case it is much greater due to its extreme volatility and novelty, so be responsible.
Think, outline, and draw a plan to follow:
Investing, whether in the stock market, in cryptocurrencies or in rentals, involves carrying out a detailed strategy to follow on a regular basis or in case of emergency. Imagine all the possible variations or incidents that may happen and as reactionary to them. It is very common to buy virtual coins and, seeing that they do not increase, lose your nerves. The criptodivisa always ends up, the problem is when, so it is better to have patience.
Diversify in different currencies:
Although the most pioneering currency is bitcoin, which has a current price of $ 10,500, there are 2,000 different cryptocurrencies. Among them many others less known but that have enjoyed a great increase. As in the savings, it is recommended to diversify the investment to be successful in case of a fall of any of them. Because of this you have to be careful and set yourself even beyond the price and crypto trends.
Protect your investment:
When you buy a bitcoin for an “x” value, a password is generated which is called “seed” which consists of a combination of 12 to 24 random words in a specific order, which is the only way to prove ownership of the currency. There are applications and pages that can create this password, but remember that you would no longer be the sole owner of the password. Therefore, it is best to save it in a traditional way on paper, nothing to enter it on the computer, mobile or pendrive, as it would be exposed to a theft.
Do not store coins in exchanges:
It is essential to be careful in this virtual world, so after making an exchange take the money and move it to a portfolio that only you have access to. Choose carefully the best place to make the “exchange” for the safety of all Internet users.