TUTORIAL 2: Buy, Buy and Buy!!

Let me give you a little reminder of history as most of us already know this..

"Bitcoin was created by Satoshi Nakamoto, who published the invention on 31 October 2008 to a cryptography mailing list in a research paper called "Bitcoin: A Peer-to-Peer Electronic Cash System". Nakamoto implemented bitcoin as open source code and released in January 2009." - Google.

The Crypto market will always dip and rise just like the other forex and stock market and it is not going anywhere. Most of those who lose money are those that 'panic sell' when the market drops. The best way to maximize your gains is to buy "low" gradually and also sell "high" gradually. - For people who are like "what the heck does that even mean!" For example, lets say you have 100 dollars and you decide to invest in Steem. It would be beneficial for you to buy 10% to 15% of the $100 you have and keep studying the currency over the next few days or weeks. If the currency drops again a week later, it gives you the opportunity to buy another 15% while you continue to take closer look at the currency. This gives you room to minimize your loss on investment. The same rule also applies to when you want to cash out money from your investment. You don't want to remove all of your 120 dollars at once and realize that you could have doubled your money if you left your money invested a little longer. You withdraw the money gradually over a period of time unless you need it for emergency.

When investing into any crypto currency, it is very important to know about the cryptocurrency and know what it has to offer the people. You want to know if it has a future or if its just another crap people are trying to dump on the market. When you have done your research and you feel comfortable with your choice you still need to look at the chart from the date the crypto was introduced to the market. Study the 24 hr chart, week, months or even a year chart depending on when the crypto started.

Studying the cryptocurrency chart in details would help you make better decision to determine if the crypto is low enough for you to invest in. It is very crucial that I tell you that studying a 24 hour chart or a week chart alone will not be beneficial to you. The more you look at the history of the currency over a year period and comparing it to a more recent chart, the better decision you will be able to make when investing.

Lastly, there are very good youtube channels you can subscribe to that will give you 'Up-To-Date' information on cryptocurrency. Good example of youtube channels include: 'Jerry banfield' @jerrybanfield and Brandon Kelly CryptoTrader. There are other good channels too and I would update the list here when I get them.

Thank you very much for reading.. I hope this can help someone out there.