{"id":13455,"date":"2022-12-01T07:00:27","date_gmt":"2022-11-30T23:00:27","guid":{"rendered":"https:\/\/www.smallcapasia.com\/?p=13455"},"modified":"2022-11-03T14:33:54","modified_gmt":"2022-11-03T06:33:54","slug":"steps-to-start-investing-in-cryptocurrency","status":"publish","type":"post","link":"https:\/\/www.smallcapasia.com\/zh-hans\/steps-to-start-investing-in-cryptocurrency\/","title":{"rendered":"Steps to start investing in cryptocurrency"},"content":{"rendered":"

Excerpts from CareYourPresent \u2013 a crypto enthusiast<\/em><\/p>\n

6 Simple Steps investing in cryptocurrency<\/h2>\n

When I first started this site, my intention is to go a bit advance to share on investing in Cryptocurrency as I believe in the future of Cryptocurrency and still believe so.<\/p>\n

However, after receiving questions from readers\/friends etc, I realized that I should also include more basic investment stuff in my site. Hence, the most fundamental question to anyone who want to start investing is<\/p>\n

\"investing<\/figure>\n

Many people heard about investment, but they don\u2019t know how to start. Many people heard about Cryptocurrency, but they don\u2019t know how to start.<\/p>\n

How to start?<\/h2>\n

Many people would outsource and go to the \u201cFinancial Advisers\u201d for advice. In most case, most of these people are salesman. They sell you their investment link policy, endowment etc and draw charts to \u201cprojected\u201d how much you would get in xx years should you buy their products etc.<\/p>\n

However, if you ask them further on what the investment strategy of this fund are, what shares\/bonds they invest in, which sectors, which companies, do these funds hedge, are there rebalancing, I bet most of these \u201cFinancial Advisers\u201d couldn\u2019t answer.<\/p>\n

Hence, don\u2019t go to them to ask about investment especially for Cryptocurrency. So how to start? Please see the steps below.<\/p>\n

Always remember:<\/strong><\/p>\n

\"\"<\/figure>\n

Step 1: Understand yourself<\/strong><\/h2>\n

This is the first step in investing in cryptocurrency regardless of what kind of investment that you wish to go into.<\/p>\n

Many people tend to just go and buy without plan and thinking in advance first. Very likely this will result in losing your precious earned money sooner or later. Before you start doing any investment, the first thing is to understand yourself.<\/p>\n