There are over 10.000 Cryptocurrencies available right now to invest in,
therefore choosing the best cryptocurrencies out there can be extremely difficult, especially if you are a beginner it is very risky for your portfolio.
To make it easier today I will show you a basic investment on two Cryptocurrencies and it will be in the low risk category in the next article I will have the medium risk investment category.
Before I start to say that I am not a Financial Advisor and what I will write in this article is my own thinking and what I do in my own portfolio.
Table of Contents
What are cryptocurrencies?
Cryptocurrencies are a digital form of money. Each cryptocurrency has its own exchange rate.
These exchange rates can change sharply either up or down. This has to do with supply and demand as well as many other factors such as major news.
Which Cryptocurrencies to Buy in 2023? (Not financial advice)
Buying Cryptocurrencies is the easiest way, the point is to be able to choose coins correctly that you have much more confidence to keep in your portfolio and of course the more low risk.
How to Buy Bitcoins Easily and Quickly
1.Bitcoin (BTC)
What is Bitcoin?
The Bitcoin is a decentralized digital currency that has maintained its #1 position in terms of market capitalization since its inception.
It has no central bank or single administrator and can be sent from user to user via a peer-to-peer network.
Altcoins are very volatile and the fluctuations they can have in a day can be over 100% or even zero immediately.
Bitcoin is a case in point as it is not common for it to drop 30% one week and then soar to record highs the next making it a more stable currency.
See live cryptocurrency prices
Why should I buy Bitcoin?
Bitcoin is the first cryptocurrency to exist and is the king of the whole market, if bitcoin is lost the chances of saving the cryptocurrency market will be zero
Bitcoin is and will be scarce
One of the main reasons why Bitcoin has risen so dramatically in value is its scarcity.
They will only exist 21 million Bitcoins. This is a fact and cannot be changed.
If the entire existing supply of Bitcoins were distributed evenly among the people of the earth, then there would only be one 0,0023 BTC for each person.
Gold is also rare, but it's funny enough that we don't know what its final supply will be. If something were to happen and a huge deposit was discovered somewhere — then the supply of gold would increase rapidly and its value would fall.
In addition, gold has a capitalization of 6 trillion dollars. If Bitcoin becomes a form of digital gold or a new asset class — if it reaches the same total valuation as gold ($6 trillion) — that would put the price of Bitcoin at about $ 340.000 per coin.
Bitcoin and money
A $50 investment in 2009 would have earned you $100 million at Bitcoin's peak in 2017.
Even people who bought at their "peak". $ 200 in 2011 and at their "peak". $ 1400 in 2013 they would still be making good profits if they didn't panic sell – but they kept their BTC.
When to buy Bitcoins
To buy Bitcoin a good period is to get when you see its chart Price Forecast Tools it is close to the lines CVD and Balanced Price and when he charts it The Puell Multiple has entered a green market zone
| Binance | https://binance.com | Registration Guide |
| KuCoin | https://www.kucoin.com | |
| MEXC | https://m.mexc.com | |
| OK | https://www.okx.com/ | Registration Guide |
2 Ethereum
What is Ethereum?
Before you start buying cryptocurrency it is important to understand exactly what you will be investing in
The Ethereum (ETH) it is a cryptocurrency whose blockchain is created by the Ethereum platform.
To avoid confusion, we should clarify that tEthereum is a Blockchain technology network. On the other, the currency that powers the Ethereum Network is called Ether (ETH).
Ethereum provides a decentralized virtual machine, which can execute scripts using an international network of open nodes.
Ethereum, then, will give you all those tools you need to build and run your own decentralized application which will be based on Blockchain technology.
More information about Ethereum here
Where can I buy Ethereum from?
| Binance | https://binance.com | Registration Guide |
| KuCoin | https://www.kucoin.com | |
| MEXC | https://m.mexc.com | |
| OK | https://www.okx.com/ | Registration Guide |
Points I can buy Ethereum
The best strategy to invest on eth is the DCA method but in a slightly different way. The normal steatic is for 10 months, since we are talking about 1000€ it is every month to put 100€ in a random place every month
The other strategy is to target where eth has stalled. and when the price reaches there to automatically buy €100
video on how to do it.
https://cryptomaniaks.com/should-i-buy-bitcoin-good-investment
