How to Buy Cryptocurrency for Beginners (UPDATED Ultimate Guide)
Two Important Cryptocurrency Tips Before Starting:
First, Appreciate that Cryptocurrency is New, Complex Technology
These types of investments are not like anything else you may be familiar with.
Unlike banks, credit unions, and traditional stock exchanges, there are virtually no fail safes in place to protect you if you make a mistake or don’t understand what you’re doing.
- There is no hotline you can call when you get stuck,
- There’s no corporate headquarters you can reach out to if you lose your funds,
- There are no FDIC insured banks behind these investments
This means at anytime you could lose all of your investments from hackers or user error with no recourse at all.
Cryptocurrency is cutting-edge technology.
It’s the modern day wild wild west.
So it requires some focused time and energy to wrap your head around.
Luckily for you, I’ve done a lot of the leg work to compile this step-by-step guide on how to buy cryptocurrency to ensure you receive the knowledge and understanding you need to be successful in cryptocurrency investments.
From research, keeping up with daily news, and experience with buying, selling, transferring, and storing cryptocurrency, I’ve updated this step-by-step guide to ensure you receive the knowledge and understanding you need to be successful in cryptocurrency investments.