Tip: Make an account in sites like Livecoin

in #cryptocurrency7 years ago (edited)

I recently got into managing an account on Livecoin. It is a crypto currency exchange website where you can buy and sell the cryptocurrency of your choosing. But my advice on using a website like this is that you shouldn't get caught up in spending all day and night buying and selling coins that you think will go up within the next hour or so. I use a different method that is almost risk free.

https://www.livecoin.net/en/deposits-withdrawals

And I will keep this post short and sweet:
Spread around your deposits among 10 to 20 currencies. This will allow you to reap the benefits if there were to be a singular coin that skyrockets. And what I mean is that you only really have to put $10-20 in each one that you choose.

Remember back when Bitcoins were less than a cent each? If you had just put a DOLLAR in Bitcoin then you would have hundreds of thousands of dollars by now! And don't think that something like that can't happen again with a different cryptocurrency. Remember, MOST of the population still doesn't use cryptocurrency. However, it IS on the rise, and the values of these currencies will most likely skyrocket within the next ten years.