Crypto Currency For Beginners

BDSP Podcast

In this episode, we played host to Racquel(https://www.instagram.com/businesswithrocz) who shared all a beginner needs to know about the world of cryptocurrency. Below are some of the tips she shared:

1. Have an external wallet(Ledger).

2. As a newbie, Coinbase lists most of the mainstream cryptos.

3. You can buy cryptos on Cash App.

4. If you want to HODL any coin, look for coins that have white paper.

5. The white paper gives you an idea of what a given coin is all about.

6. The value of a coin could rise or fall based on the highlights of the news. Good news, the value rise. Bad news, the value tanks.

7. Dumping means everyone is selling

8. Pumping means everyone is buying

9. Websites like https://coinmarketcap.com/, https://www.coingecko.com/en, and https://nomics.com/ allows you to make your findings of any coin

10. Make your research before buying any coin. Historical data allows you to make an informed decision.
Listen to the episode to get more tips.

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