Buying a cryptocurrency should be preceded by research, i.e. collecting information about it. News from the world of cryptocurrencies is reported by industry portals. Which portals you like is a highly individual matter. A lot depends on the way you prefer to present information. Some focus on professional crypto news analysis, while others present quick crypto news.
A helping hand when shopping for crypto
So we will focus on something else. You can easily find many industry portals. Just use the Google search engine. We will try to present you with some information that is worth having in the back of your mind when using them.
Let’s start with the fact that it is worth reading various sources. This will give you more context. First of all, some portals provide information much faster than others. Secondly, they can present one piece of information in two different ways, so you can spot any inaccuracies.
Remember that this type of information very often spreads uncontrollably. Due to the fact that news should be delivered quickly, some editors do not sufficiently control their correctness. Therefore, it may happen that false information will circulate most portals.
If you are interested in first-hand information, you should follow the social media of a given project and the profiles of its creators. Crypto information appears mainly on Twitter. Discord is also popular, where a community focused around a specific project gathers. However, always remember to verify that a given profile is official.
In the case of this type of community, you should also be careful. Sooner or later, you will come across a profile that will invite you to a “closed elite community.” These types of stocks usually focus on catching inexperienced investors and then deceiving them or maneuvering them into pump and dumb action.
In the case of cryptocurrency guides, things are a bit easier. First of all, it is worth following our blog, where content appears regularly. Secondly, cryptocurrency guides should be prepared by people with the right knowledge. So it’s a good idea to verify which person or company is behind the text. The more credible it is, the better.
Regardless of whether you read a crypto news story or an extensive guide, remember to never believe in anything unconditionally. You should always follow the principle of limited trust and verify the information that is relevant to you. This way you will avoid many wrong decisions.
How to buy cryptocurrency? We also suggest where!
How to buy cryptocurrencies? This is the basic question that investors ask themselves. Equally important is the question of where you can buy cryptocurrencies.
Let’s start with the fact that to buy cryptocurrencies, you need a crypto wallet. You can use wallets that are available in the form of a mobile app. They are free and easy to use. A good example of such an app is Trust Wallet. More experienced people use hardware wallets. They offer a higher level of safety, but are not as comfortable to use.
Depending on which option you choose, you may need to create an account. People who want to use cryptocurrency exchanges are forced to register. If you want to buy BTC without registering, you can use cryptocurrency exchange offices.
When using a cryptocurrency exchange, you need to be aware that it will not always be possible to buy the target cryptocurrency in pair with the USD. This means that sometimes it may be necessary to carry out as many as two different transactions. However, there is an easier way that beginners will be happy to use.
In our opinion, the easiest way to buy cryptocurrencies is to use a cryptocurrency exchange. Why? Here are some reasons for this. When visiting a stationary or mobile exchange office, you do not need to create an account. You are not forced to register.