Trader logo

Investing in Cryptocurrency

Investing tips for stocks and bitcoin

By Ruben DoramePublished 3 years ago 3 min read
Like
How to invest your money

Ok so investing at this point in time is all over the place. You have people telling you to save your money and hold onto it, you have others telling you to buy into stocks and now the craze is whether or not to buy into cryptocurrency. If you are confused and don't know where to start then you are in the right place.

I am just like you. I am no expert in the field of finances but I have gained knowledge in this area so that I can get my finances in order to help with my spending and retirement. In doing so I have been using two ways of investing my money to help it grow faster for the long haul and not to make a quick buck, but listen to me when I tell you that you really need to get in on this opportunity before its too late.

1. INVESTING IN STOCKS

If you want to get started in investing in stocks but do not have a lot of money to be able to buy full shares up front, well now is the greatest time since multiple stock exchange companies are offering $1 investment options.

Yes, you can buy a small percentage of a big company with as little as $1. For example, if a company stock costs $10 and you invest $1 into that company, then you now own 10% of 1 stock. Depending on how much that stock goes up so will your dollar. Some places are even offering free stocks just to join. I will leave a link for you to go ahead and receive your free stock below...

GET YOUR FREE STOCK HERE! https://join.robinhood.com/rubend245

Right now is the perfect time to work up your portfolio as the market is reaching all time highs and also very cheap lows to buy into stocks that are usually really expensive. Do not hesitate but of course do your own research on stocks and trading before you get into it seriously.

2. CRYPTOCURRENCY

This is probably the big one that attracted you to this article. Cryptocurrency has been around for many years already but is just recently getting national attention because of big companies are finally supporting the route of digital currency. Bitcoin being the most famous one is hitting yearly record high prices and is getting more and more momentum from big companies. With Bitcoin being so expensive for just 1 coin, there are other alternatives that have surfaced for cryptocurrency.

I will name a few to help you get started in researching. the ones that are most notable to begin with are ETH (Ethereum), LTC (Litecoin) which follows the trends of bitcoin and KNC (Kyber Network).

Now Cryptocurrency is still fairly new and has less structure so of course its way more volatile but my advice for you here is that if you have some money that you are willing to just invest and forget about, you should really take advantage of the big crypto boom that is happening right under our noses.

For more information look into apps that will support the full exchange of these cryptocurrencies and always due your due diligence with your research. The more comfortable and knowledgeable you are with how you invest, then the greater probability of growing your money safely and steady you will have.

Think about your financial goals and where these two type of investments can help strengthen your path for financial freedom and wealth for the future. Are you starting young and you have time on your side, or are you older and have room for more risk for a bigger reward. Whatever the case may be, do not be a slave to the idea of money has to be made by working for someone else and take back that independence by making your money work for you.

Thank you and Happy Wealth Building...

-Ruben Dorame

investing
Like

About the Creator

Ruben Dorame

On here to just share tips, shortcuts and entertainment to help spread knowledge and wealth to artists, investors and positive influencers.

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2024 Creatd, Inc. All Rights Reserved.