Dart Europe E-Theses Portal focuses not only on plain theory, but also on the practical part of the crypto world. Here, you can find informational articles concerning technical analysis. Our team of experts will also deliver articles with detailed comparison between the different hardware wallets and different crypto exchanges. Our goal would be to support you through the process and to make your choice as optimal as possible.
A basic example of a step-by-step guide about buying and trading Cryptocurrencies and building a portfolio:
- Choose your preferable cryptocurrency exchange where you want to trade/invest
- Make an account there, verify it, and you can now start buying your cryptocurrencies
- Choose what coin you want to buy, transfer real money
- Choose your desired investment amount
- Decide on whether you want to be a short-term or a long-term investor. It would be better if you can choose from the very beginning whether you want the profit as soon as possible (through trading) or you can be patient enough and wait several years after buying the particular coin and then sell it and enjoy the profit later.
- Buy the cryptocurrency you are most interested through the exchange. In most cases, the process is self-explanatory and straightforward. For instance, on Binance, you just have to log-into the exchange, go to the “Trade” section, and then you have to find your coin and click “Buy”.
- Build your portfolio of Crypto assets around the type of investor you would like to be. If the person wants quick profit, then he/she might go for more volatile cryptocurrencies such as the altcoins. However, if you are a long-term investor, then it would be better if you stick to the coins that have greater potential for the upcoming years such as Bitcoin and Ethereum.
- After acquiring your crypto assets either directly with Fiat money or through trading, store them in some “cold” storage in order to secure them and protect them from unauthorized access, fraud, and theft.