Although crypto has always been notoriously volatile, there have recently been a lot of concerns regarding regulations. China banned cryptocurrencies, and other countries are making moves to introduce more controls.
Despite the falls over the last few months, things have begun to look up recently. Sticking to the case of bitcoin, the coin has almost continuously risen in value over the last two weeks, leading many to believe a full recovery could be on the way.
If you’re the type of person who would freak out after seeing that your investment declined, there’ll never be a perfect time to invest in crypto. But if you’re prepared for short-term pain to achieve long-term gain, now is looking like a pretty good time to get involved.
We could go into great detail about the complexities of every single step, but here’s the gist of things:1. Choose an exchange.2. Buy your cryptocurrency.3. Move your crypto to a wallet.4. Choose a strategy and stick to it.