• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

DayTradeFEED.com

Your One Stop for all things day trading!

  • Home
  • About DayTradeFEED.com
  • What is Day Trading?
    • Intro & Terminology
    • Should I Day Trade?
    • Pros and Cons
  • Trading Tools
    • Day Trading Books
    • Helpful Links
    • Market Info
    • Video & Audio
  • Cryptocurrency
    • Getting Started
    • Types of Cryptocurrency
    • Cryptocurrency History
    • Buying & Selling
  • Contact Us

Getting Started

How to Get Started in Cryptocurrency

The Wild West of Currency Regulation

Due to a complete and total lack of government regulation surrounding cryptocurrency, everyone reading this needs to be extremely selective about what they believe. There’s information about this stuff everywhere, and it’s hard to know what to believe.  As a result, consistent, continuing research and education is vital to being successful in cryptocurrency.


How to Buy Your First Coin

First of all, if you’re reading this, you’ve probably already heard about some of the different, more popular types of cryptocurrency. Examples of these popular coins include Bitcoin, Ethereum, LiteCoin and BitCoin Cash. However, you may be interested in obtaining different, less popular types rather than those listed.

Above all, the first step in any cryptocurrency journey is buying a major coin. A popular cryptocurrency exchange site for first time investors is Coinbase.com.


Three Reasons to Invest in Cryptocurrency

There are three common reasons that people look into investing in cryptocurrency. These reasons are:

  1. Buying a coin with the intention of selling it at a future date and time after the currency has become more valuable.

  2. Using the coin as currency in making a purchase of goods or service of some kind.

  3. Purchasing some type of alt-coin later on after purchasing your major coin.

While there are outlying reasons people decide to invest in cryptocurrency, most probably fall into one of the three categories listed above.

Interested in buying a major coin? Contact us to tell us why!


Using Coinbase.com to Buy Your First Coin

As mentioned previously, Coinbase.com is a good first stop for buying and investing in cryptocurrency. You’ll need to complete a sign up and verification process to use the site. Complete this step before you wish to spend freely on the site.

This initial sign up and verification process includes:

  1. Providing a bank account number instead of a credit or debit card.

  2. Letting a specific amount of days go buy without making any cryptocurrency-based purchases.

  3. Providing additional information about yourself to verify your identity.


After You Purchase Cryptocurrency

It is strongly recommended that you do not leave your coin on an exchange (such as Coinbase.com) following a cryptocurrency purchase.

When people refer to a cryptocurrency wallet, they’re typically referring to a safe, self-controlled location to store coins. Most investors move their newly-purchased coins to a wallet immediately after obtaining it.


To learn more about cryptocurrency wallets, check out our Buying & Selling Cryptocurrency page!

Reader Interactions

Primary Sidebar

Recent Posts

  • VGL Assessment – Precisely What Do We Know About It?
  • Recipe for Romance: The Quintessential Intimate Restaurants in NYC
  • How can I Get men to Make?
  • Term Papers Writing Services
  • Cherry Blossoms â „¢ Se ha convertido Facilitar Interacciones transculturales durante más de 40 años
  • Acquiring Linked from inside the Digital Era
  • Am nützlichsten Matchmaking Programme für Starten

Learn more!

About Day Trade FEED

This Year’s Archive

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • August 2021
  • July 2021
  • April 2021
  • February 2021
  • October 2020
  • April 2020
  • December 2019
  • July 2019
  • May 2019
  • April 2019
  • March 2019
  • January 2019
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018

Categories

  • blog
  • Cryptocurrency
  • Dating Online
  • Day Trading Programs
  • Day Trading Results
  • DayTradeFEED Investigates
  • Education
  • Featured Story
  • Forex
  • Futures
  • Kevin Jones Day Trading
  • Kevin Jones Indicators
  • Kevin Jones Trading
  • Terminology
  • Uncategorized

We Are a Day Trading Blog

bear markets bull markets crude oil futures day trade day trade bitcoin day trade feed daytradefeed.com day trade forex day trade from home day trade futures Day Trade My Money day trading day trading forex day trading futures day trading indicators day trading scam day trading system day trading terminology DemoDayTrading.com donald trump EUR eur/usd Euro feed forex forex factors forex market forex trading futures Kevin Jones kevin jones day trade kevin jones day trading kevin jones forex kevin jones trading learn to day trade make money day trading Matthew Poll Matthew Poll Day Trading Matthew Poll Scam Matt Poll matt poll day trading Matt Poll Scam matt poll trading stock market usd

Copyright © 2023 · News Pro on Genesis Framework · WordPress · Log in