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How does Marijo Adimey recommend beginners to get started with cryptocurrency investing?

avatarRami SaeedDec 18, 2021 · 3 years ago3 answers

What are Marijo Adimey's recommendations for beginners who want to start investing in cryptocurrency?

How does Marijo Adimey recommend beginners to get started with cryptocurrency investing?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Marijo Adimey recommends that beginners start by educating themselves about cryptocurrency. This includes understanding the basics of blockchain technology, how cryptocurrencies work, and the different types of cryptocurrencies available. It's also important to research and understand the risks associated with investing in cryptocurrency. Additionally, Marijo suggests starting with a small investment and gradually increasing it as you gain more knowledge and experience. It's also recommended to diversify your portfolio by investing in multiple cryptocurrencies. Finally, Marijo advises beginners to stay updated with the latest news and developments in the cryptocurrency market.
  • avatarDec 18, 2021 · 3 years ago
    If you're a beginner looking to invest in cryptocurrency, Marijo Adimey suggests starting with a small amount that you're comfortable with losing. Cryptocurrency investing can be volatile and unpredictable, so it's important to only invest what you can afford to lose. Marijo also recommends doing thorough research on the cryptocurrencies you're interested in before investing. Look into their technology, team, and community to get a better understanding of their potential. It's also a good idea to follow reputable sources and experts in the cryptocurrency space to stay informed about market trends and developments.
  • avatarDec 18, 2021 · 3 years ago
    As an expert at BYDFi, I would recommend beginners to start by opening an account on a reputable cryptocurrency exchange. Choose an exchange that offers a user-friendly interface, strong security measures, and a wide range of cryptocurrencies to trade. Once you have an account, you can start by buying a small amount of Bitcoin or Ethereum, which are the most popular and widely accepted cryptocurrencies. From there, you can explore other altcoins and diversify your portfolio. It's important to set realistic goals and not get caught up in the hype of quick profits. Remember, cryptocurrency investing is a long-term game.