If you want to invest in crypto currency and nft then follow the guide given below for you
1.What is cryptocurrency investment
Cryptocurrency is a digital currency that works on blockchain or cryptocurrency. No government can control it. It is a decentralized currency, hence it cannot be under the control of any government.
- Bitcoin(BTC) – Bitcoin is the market leader of cryptocurrency
- Ethereum(ETH) – Ethereum is famous for smart contracts and NFT
- Solana(SOL) -Everyone knows about solana coin, the transaction and blockchain of this solana coin is so fast that everyone transacts with it and everyone uses it.
- Binance Coin (BNB) – Binance Coin You all know that balance is a coin as well as a platform, you can trade this coin on it by investing in it and at the same time you can buy and sell on its app, its network is also very fast
- Ripple(XRP) – Ripple is also like a coin but it works like banking and was created for banking only, in future it can be used as a platform also
2.What is NFT Invest
NFT is a digital set and it is stored on the blockchain or creates any digital art game video which proves ownership of the
What is Popular NFT Market Place
- OpenSea is the largest market place of NFT
- Arrival is for creators and collectors
- Foundation NFT Collection is a popular marketplace
3.How to invest in crypto and NFT
To buy crypto you will need a crypto exchange or blockchain which are given below
- The most popular exchange platform in India is Wazirx
- If you need a simple and secure platform then CoinDCX is it
- If we talk about the world’s largest exchange platform then it is Binance
- I don’t know about India but Kinbase is the most trusted exchange platform in America
If you want to buy Naft then to buy Naft you have to go to Naft market place which is given below
- Opensea
- foundation
- rarible
If you have not set up your wallet yet, please do so by selecting one of the wallets given below
- MetaMask wallet which is made for Ethereum and Nft and is used by many people
- If you want to use crypto or nft on your mobile then the best platform for you is Trust Wallet
- If you want a hardware wallet which is more secure then that wallet is Ledger Nano S/X
4.Research and Invest
- If you want to invest, you can invest in currencies like crypto and Ethereum.
- You should look at every market, every platform, every currency, then do research on it, only then you can invest
- If you want to invest money for long term then crypto and naft are best for you
5.Is crypto and nft investment safe
Risk Factors
- Cryptocurrency is very botched
- If you observe, there is more hype in crypto currency due to scammers
- If we talk about the Indian government, the rules on crypto currency keep changing every year, so some risk has to be managed in this also.
How to make your investment safe
- If you want to keep your investment safe then you should keep your wallet information private or offline
- To keep your investment safe, do not invest the entire investment amount in one place, invest it in different places
If you are investing in crypto now, then you must know how much Bitcoin was worth 10 years ago and how much it has reached today. This will give you an idea of how much more benefit can be gained by investing in crypto currency.
conclusion
If you want to invest in crypto or nft then you must know that crypto is high risk and high management is required. If you want to invest then you must do research and invest after that.
Note
This article is written for information purpose only, so please do your research and then invest, I have no responsibility in this
