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Exchanges can be hacked, go bankrupt or have crooks running the show behind the scenes. People have been burnt before, so treat them as places to make money and not your bank account. Learning how to read and understand charts is non-negotiable if you want to trade crypto in any capacity. The two most popular charting tools out there are Coinigy and Trading View.
My personal favorite is Coinigy. Life does in fact exist outside of crypto! All that being said, I do like to be able to keep tabs on my portfolio on the go from my iPhone. My tool of choice is Blockfolio. Blockfolio is an intuitive and powerful app, which lets you see price charts, order books and track your holdings of all the major coins and pretty much all the altcoins.
The safest way to store your crypto is to do so offline, or in cold storage. As I mentioned in point one, you never want to rely on exchange wallets to look after your money.
The top two cold storage wallets are the Ledger Nano S and Trezor. I personally use a Ledger and love it. It holds all the major cryptos, most Erc tokens and is adding altcoin wallets all the time. Investing in yourself is a good rule for life in general. Learning new skills is essential for progress in any endeavor you decide to take up, and trading cryptocurrencies is no different.
Start off by learning some trading basics. Join up with like-minded cryptocurrency enthusiasts online to learn how best to navigate and profit from this new and unfolding crypto-economy. Skip to content Tokens Tags Bitcoin exchanges trading.
So, you want to trade bitcoin too? Sign Up for the Top Exchanges Working with the top exchanges will save you a lot of potential pain down the line. Here are some of the most well regarded out there: Coinbase Coinbase has made buying bitcoin consumer-friendly, and remains to this day the simplest way to get involved. You can link your checking account to your Coinbase account to make transferring money a cinch. Bittrex This is probably the most popular exchange for altcoins, and often in the top 3 exchanges for daily volume.
Binance Binance is an up-and-coming exchange based in Hong Kong. Low transaction costs if you own their BNB coin are a lovely touch, as well.
Bitfinex — Usually in the top two globally from a trade-volume standpoint. For the more experienced traders out there, you can also short bitcoin here. Get a Solid Charting Tool Learning how to read and understand charts is non-negotiable if you want to trade crypto in any capacity.
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