❌Do NOT store crypto on an exchange (they own it, not you)!
➡️Software wallets (phone apps) are still connected to the internet and susceptiple to hacking and centralisation.
✅The pEST way to store your crypto is offline in a hardware wallet, like Ledger or Trezor.
In short, yes.
With most major cryptos 75-80% down from their all time high it offers a great risk:reward play.
Layer in with your buys, don’t get too aggressive until the interest rate numbers start to reduce as this is when money will start flowing back into high risk markets.
Remember – Money is made in the difference of opinion not agreeance.
Now that crypto investing is mainstream, there are over 500 crypto exchanges
⛔️ Many crypto exchanges aren’t trustworthy or legitimate. Even popular ones aren’t taking enough precautions to protect your money.
So here’s the one thing I tell everyone to do pEFORE they open a crypto account…
and type in the name of the crypto exchanges you’re looking into. Read ALL the reviews.
Mistake #1: You think you must buy a whole Bitcoin. But you can buy as little as $5.00. So don’t wait. Get started with a fraction of a Bitcoin so you’re in the market when it takes off.
Mistake #2: You think the only way to buy Bitcoin is through a crypto exchange. But you can buy Bitcoin on Venmo or PayPal apps. Or from a Bitcoin ATM using your debit card.
Don’t miss out on huge gains waiting to buy a whole Bitcoin or open an account. Start with a few dollars or a few hundred dollars today so you’re in the market when it takes off.
🦾 AUTOMATE your entire crypto portfolio…
⛔️ NEVER miss a buy or sell opportunity with the alert tracker
⏰ Save a ton of TIME by not having to watch the prices going up and down all day with… (watch the video for the app).
Simply download the app (in the video) to your phone, turn on notifications, set up your optimum buy and sell zones and sit back and let the market come to you!
Watch the video for the Top 3 scams and how to avoid them…
❌ 1. Brokers
❌ 2. Giveaways
❌ 3. Phishing Scams
Bonus: Sending from your exchange to your cold storage wallet is not taxable, unless you change the cryptocurrency in the process (E.G – Bitcoin to Ethereum).