Three keys for crypto beginners to open the door of profitability

This is a sponsored story. Crypto-News India urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below.

Everybody is making money in crypto these days and looking for tokens to invest in and earn. When you first start taking an interest in cryptocurrency it might seem a huge ocean of unknowns. Hundreds of questions crypto beginners have, like where I start; how to choose an exchange; how to figure out own successful trading strategy; what the available helpful resources are…and many others. Our “Crypto beginner guide” is written to solve the most popular issues and after reading it you would have a sense of how to start your crypto journey and skip all possible mistakes.

Key 1 “Choose your exchange”

We all have heard about bitcoin and other names of crypto tokens. New crypto coins have appeared these days and some of them promise perspectives and gain market share at an alarming speed. When you buy some cryptocurrency, you buy some tech stock, a part of the blockchain and a piece of the network.

So, the first important moment every crypto beginner should know is cryptocurrency exchange. It is the most common place where people buy, and trade tokens and it is very important to indicate two important moments: liquidity and reliability. There are multiple terms to judge these factors, such as spread, fees, purchase and withdrawal limits, trading volume, security, insurance, user-friendliness. The more the turnover, the higher the liquidity. Trading volume is an indicator of exchange popularity. When you choose an exchange you should pay your attention to the latest news and comments of its founders. And always remember the more secure exchanges charge the higher transaction rate. Some secondary factors may help you to make a choice, as the number of trading pairs, accessibility for new participants and users, the possibility of margin trading, quality of the technical support and so on. After choosing an exchange you are only a few steps away from crypto purchasing.

Key 2 “Decide what to do with crypto”

Now imagine that you have a certain amount of cryptocurrency. Are you going to look at it or you want to pick the winning and avoid the loosing?

  • Buy and hold

There is one simple and safe way to earn money is to buy good and fundamental crypto coins and hold them until they obtain a fair market share. It might take a long time and you should always be on guard because the crypto market changes every minute. You can also hold cryptocurrencies that pay you dividends.

  • Buy and trade

You can trade different cryptocurrencies on various exchanges and get profit. But you should know how to do it and understand technical charting at various intervals, only in this case this method of earning is for you. You probably think that you need a long time to become a master. It is true, when you start something new it takes time to plunge into a new subject and usually, newbies spend and lose a lot of money at the beginning of their trading experience.

Key 3 “Trade without risk”

Cryptocurrency market is volatile and full of risk. You need to find a way to perfect your trading skills without losing. We recommend you try SIMDAQ platform. It is a free and safe platform where you can find lessons of crypto trading, quests and exercises to check your knowledge. And the most interesting module of it is a trading simulator. It teaches you how to exchange crypto (bitcoins and altcoins) while improving your trading skills, without risking real money. The simulator is based on real historical data and advanced rhythm. It allows you to trade all major coins and helps you to get very best experience and test your own making decisions theories to guarantee you maximum benefits in the future. With SIMDAQ you’ll get basics of the market, advanced knowledge and master your skills. Except for the course and trading simulator there is SQM Trading module where you can trade and earn in reality. If you’re starting your crypto journey here’s SIMDAQ a useful guide that will get you on your way.

Crypto-News India does not endorse, nor is responsible for any material included above and isn’t responsible for any damages or losses connected with any products or services mentioned in the sponsored story.

Share with your friends

Advertisement

CoinBene To Trade DasCoin

This is a sponsored story. Crypto-News India urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below.

DasCoin, The Currency of Trust, has announced that it is due to go live on the CoinBene exchange, trading as DASC.

DasCoin Makes Advances

27th April 2018 marked an exciting event for the cryptocurrency: the DasCoin: Evolution of Money event, which was held in London’s O2 Arena. This event witnessed the cryptocurrency joining public exchanges – such as BTC-Alpha, CoinFalcon and EUBX – for the first time. Various cryptocurrency exchanges were explored by the DasCoin team over the summer before deciding on CoinBene as an additional exchange.

DasCoin has seen an overall growth in reach since April 2018, even without looking at activity on the exchanges. Both Blockfolio and CoinMarketCap listed DASC on their sites, allowing investors to stay current on the cryptocurrency’s latest details, such as the market volume and price. DasCoin saw its speed double in July 2018. The processing time dropped from six to just three seconds a block, making it a leader in speed among other blockchains.

Listing News

CEO Michael Mathias took time to explain how important public trading is to DasCoin’s future. During the announcement, he proclaimed that the entire team was excited for the listing on CoinBene. This is largely because the exchange has grown to one of the largest. Mathias went on to hint that another announcement would follow. It’s expected to see DasCoin listed on other exchanges, a goal Mathias has admitted they are working towards.

Why Select CoinBene?

Although there aren’t any notes for the selection process Mathias and his team went through, the strong reputation CoinBene has was undoubtedly a key factor in its selection. Based in Singapore, CoinBene has already earned a reputation of being an industry leader. CoinBene has been consistently listed as one of the top 10 exchanges on CoinMarketCap, a digital currency website that is highly respected for its independent research and opinion.

With close to 2 million active users spread throughout 150 countries and counting, there is no doubt CoinBene’s reach is extensive. This will significantly increase the cryptocurrency’s availability. With CoinBene processing $4 billion on average per month, it can scale to handle DasCoin regardless of how high the demand becomes.

Crypto-News India does not endorse, nor is responsible for any material included above and isn’t responsible for any damages or losses connected with any products or services mentioned in the sponsored story.

Share with your friends

Advertisement

How to Protect Your Bitcoins in Business and on the Exchange. White Hat Hackers, Cybersecurity Experts Go to Kiev on HackIT

October 11 in Kiev, Ukraine, a Round Table dedicated to security issues in crypto trading and cryptocurrency business will be held as part of the annual HackIT 4.0 Forum. Crypto Exchange Round Table will bring together market leaders and security experts to share practical experience. The participants are expected to sign a memorandum on supporting common security standards.

Cybersecurity is the number one crypto trading issue. Considering the complexity of the problem, it is the right time to gather market leaders and cybersecurity experts at one table to remedy the situation, share best practices, unite the community around important issues related to the exchanges, and attract public attention, the HackIT 4.0 team state.

Agenda:

  • Business: Proper operational security of depository and clearing functions of crypto exchanges, security of hot and cold wallets, security of critical elements, Blockchain nodes and databases, front-end servers, personal cybersecurity of employees, users and traders, potential threats;
  • Technical: Information technology and security standardization and certification, mapping of PCI DSS and ISO 27K standards to the crypto exchange market, application security, disaster recovery plan, token listings, security requirements related to Blockchain protocols or token smart contracts;
  • Legal and Governance: Pros and cons of work approach across different companies – compliance vs non-compliance. Which work approaches will prevail in 5 years?
  • Misc: Decentralized vs centralized exchanges, decentralized clearinghouse – needs and prospects, AML and financial verification, global identity management.

HackIT 4.0 is the 4th Global CyberSecurity Forum for specialists in cybersecurity, blockchain entrepreneurs and white hat hackers, which has been held in Ukraine since 2015. It is aimed to become a place for strong security networking gathering of professional tech developers and leading security experts. In addition to the Round Table, the four-day event includes a conference, exhibition and a lot of activities in real time. This year the organizers will run the Capture the Flag (CTF) competition and a trip to the Chernobyl nuclear power plant for a real illustration of the man-made disasters’ consequences.

The forum will be held from 8 to 11 October in Kiev, Ukraine.

Learn more about the HackIT 4.0 on the event’s website.