Invest in Crypto Currencies
What are crypto currencies?
The term cryptocurrency refers to any form of currency that is digitally or virtually decentralized and secure through cryptography. The cryptocurrency industry does not have a centralized issuing or regulating authority. Instead, decentralized systems are used to track transactions and create new units.
How does crypto currencies work?
Blockchain, a distributed public ledger with a global record of all coins’ transactions, is the platform that runs cryptocurrency.
You can own cryptocurrencies in two ways- Mining/farming or Purchasing from a broker/exchange.
A cryptocurrency is created by mining, which involves solving complex mathematical problems with computers. Crypto miners/farmers are rewarded in crypto currencies as their farming reward.
Brokers/Exchanges sell the cryptocurrencies, and users can buy them there and then store or spend them from their cryptographic wallets.
Owning cryptocurrency gives you no tangible possessions. Instead, you own a key that makes it possible for you to transfer records or units of measurement among individuals without the need for a third party.
The use of cryptocurrencies and blockchain technology in financial applications is still emerging even though Bitcoin has been around since 2009. It is expected that these uses will only get increased in the future. The technology might eventually allow for a wide range of financial transactions to be facilitated.
How to trade & store cryptocurrencies?
Trading and storing of your cyrpto assets is easy but you must make sure that the exchange and platform you choose to trade and store are reliable.
After getting your crypto account opened, you can start investing in cryptos on the webportal, mobile app or by contacting the broker.
Guidelines to ensure safety while investing in cryptocurrencies:
Crypto assets are not only volatile in nature but are also exposed to several online frauds. You can take the following precaustions to ensure safety while investing in crypto assets:
Why should you hire a professional advisor?
Trading in crypto currencies carry the risk of loss of capital and without proper expertise could be damaging. Below are few reasons why choose a professional advisor for cyrpto trading:
The first and foremost benefit that you will get by choosing EquitySeeds Consultants as your advisor is cost-effective. Our team of experts and partners provides you with accurate research at a cost-effective price.
The higher risk associated with cryptocurrency prevents many people from investing in it. We believe keeping a risk reward ratio of 1:1 is essential due to the extreme volatility in crypto products.
With us, you can save time which you would have to sit and give for researching various crypto projects. Hence, making it suitable for working class professionals as well.
Over the last couple of years, our team has worked alongside with few US and European Institutional traders to gain the experience in crypto trading. We are also learning about various farming opportunities and are happy to share our knowledge with you.
We do not encourage forced trading. Hence, we do not guarantee providing research recommendations daily or at times even for a prolonged period. You should have a account for trading in cryptos that offers leveraged products to trade both the directions on a crypto swing.
Cyrpto Currencies are highly volatile asset class, invest with our expert advisory!