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How-to Invest In Cryptocurrency In 5 Easy Steps Slide 1 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 2 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 3 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 4 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 5 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 6 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 7 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 8 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 9 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 10 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 11 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 12 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 13 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 14 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 15 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 16 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 17 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 18 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 19 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 20 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 21 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 22 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 23 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 24 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 25 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 26 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 27 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 28 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 29 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 30 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 31 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 32 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 33 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 34 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 35 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 36 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 37 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 38 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 39 How-to Invest In Cryptocurrency In 5 Easy Steps Slide 40
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How-to Invest In Cryptocurrency In 5 Easy Steps

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The cryptocurrency market is in a hype state as we speak. Everyone wants in, everyone is talking about big gains, big fluctuation, some scams and, in general, great opportunities.
Newcomers need help navigating this gold rush and that’s why we at Coinvision have created this quick 5 step tutorial.

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How-to Invest In Cryptocurrency In 5 Easy Steps

  1. 1. How-to Invest In Cryptocurrency In 5 Easy Steps
  2. 2. Introduction The cryptocurrency market is in a hype state as we speak. Everyone wants in, everyone is talking about big gains, big fluctuation, some scams and, in general, great opportunities. Newcomers need help navigating this gold rush and that’s why we at Coinvision have created this quick 5 step tutorial.
  3. 3. Step 1: Understand The Concepts Behind Cryptocurrency
  4. 4. Chapter Introduction Before starting investing in cryptocurrency it’s important to understand the basic terminology. On this article we’re going to talk about Blockchain, Bitcoin, Ethereum, ICOs and cryptocurrency.
  5. 5. Blockchain Blockchain is a distributed ledger technology that became a trusted way to track the ownership of assets without the need for a central authority, which can speed up transactions and cut expenses while bringing down the chance of fraud. It works like a distributed database that is used to maintain a continuously growing list of records, called blocks. Each block contains a timestamp and a link to a previous block. A blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. The very first advantage of blockchain is that, by design, this technology is inherently resistant to modification of the data.
  6. 6. Blockchain Infographic source: The Block Geeks
  7. 7. Blockchain Often described as the new internet, this technology can completely change voting systems, fraud detection, financial services and disrupt industries like banking, music, insurance and others. The first blockchain was created by Satoshi Nakamoto in 2008 and implemented the next year as a center component of the digital currency bitcoin, where it serves as the public ledger for all transactions.
  8. 8. Bitcoin Blockchain was born at the same time as Bitcoin. When Bitcoin was released as open source code, blockchain was wrapped up together with it in the same solution. Bitcoin is simply the first application of blockchain, allowing users to transact directly, peer to peer, without a middleman to manage the exchange of funds. Bitcoin is the first digital currency, created and held electronically. It’s not a printed currency, like dollars or euros. It’s produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. No one controls it.
  9. 9. Ethereum Ethereum came way later than Bitcoin, but represents yet another great disruption: it democratized the access to blockchain by developers and entrepreneurs. Announced in 2014 and launched in 2015, it works as a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference. Since it’s launch, it has served as a base platform for hundreds of new projects, that thanks to Ethereum can run their own crowd sales and develop their blockchain projects.
  10. 10. Initial Coin Offer (ICO) An ICO is a crowdsale similar to a typical crowdfunding process (Kickstarter like), but it uses cryptographically secured blockchain tokens to fund the development and operation of the specific project. It can be applicable to one of three types of blockchain projects: ● A platform-layer blockchain (such as ethereum or Lisk) ● An organization that operates on a blockchain (known as a decentralized autonomous organization (‘DAO’), or a centrally organized distributed entity (‘CODE’) ● A decentralized application (‘dapp’) that runs on a platform-layer blockchain.
  11. 11. Initial Coin Offer (ICO) In a typical ICO, new tokens are issued in a crowdsale in exchange for bitcoin or ether, and then, if sufficient demand exists, digital currency exchanges will make a market so they can be traded. This new fundraising approach, while still in its infancy, is being hailed as a way to decentralize and disintermediate venture capital, creating new sources of funding for entrepreneurs and new investment opportunities for individuals.
  12. 12. Cryptocurrency Cryptocurrencies are a subset of alternative currencies (altcoins) that were often generated after successful token sales. These derivatives also use decentralized control and are in a vast majority designed to gradually decrease production of currency, placing an ultimate cap on the total amount of currency that will ever be in circulation, mimicking precious metals. These characteristics turn altcoins into a very interesting asset for traders and Coinvision’s purpose is precisely to help new investors learn and access the best investment and trading opportunities in the cryptocurrency world.
  13. 13. Step 2: How-to Buy Your First Crypto Coin
  14. 14. Chapter Introduction Now that you know the basic principles behind blockchain and cryptocurrency let’s move the most exciting step: buy your first crypto coin. For this task there are plenty of platforms that we can use, but today we’re going to center in Coinbase, a digital asset exchange company headquartered in San Francisco. The reason for this decision is based on the fact that Coinbase is one of the most credible platforms to buy Bitcoin, Ethereum or Litecoin. They’re well funded, it’s simple to use and accept on a vast number of countries. They’re well funded, simple to use and accepted on a vast number of countries.
  15. 15. Tutorial 1. Create an account and verify your email
  16. 16. Tutorial 2. Go through the validation process
  17. 17. Tutorial 3. Connect your bank account or credit card
  18. 18. Tutorial 4. Buy your first Bitcoin, Ethereum or Litecoin Now it’s time for your first decision, as you can start by buying one of these three coins. It’s important to know that the vast majority of exchanges trades are based in Bitcoin or Ethereum. So we recommend that you start with one these coins. Example shown is with Bitcoin. Note: if you’re buying with credit card there will be a weekly limit.
  19. 19. Tutorial 5. Check your wallet in “Accounts” to see if the purchase was successful. Now that you already have your first crypto coin is time to start with an exchange platform. Extra: You can also buy coins in other platforms, some are simple pay and get coins, like Changelly, other are exchanges and will require more time in terms of validation. Some examples: Changelly Kraken (Exchange) Poloniex (Exchange) Bittrex (Exchange)
  20. 20. Step 3: Start Trading On The Right Exchanges
  21. 21. Chapter Introduction Yey, so we already went through know how-to buy cryptocurrency and we’re ready to start trading! First, let’s go to some simple concepts: 1. Once you buy coins they’re stored in a digital wallet. If you’re not trading, there are several ways of storing your coins: keep the coins on a web- based service; download a software and store in your computer’s drive; a “vault” service that keeps your coins protected offline. 2. For trading purposes you’ll have to have your coins on the exchanges’ wallets. 3. Your wallets always have an associated address, an unique hash key, also associated to a QR code. 4. If you want to receive or send coins, you just need to use the address. Important: if you send to the wrong address you will loose all your coins, so very careful every time you move your coins.
  22. 22. Start Trading Now that we have this clarified, let’s start trading. For example purposes we’re going to use Bittrex exchange platform. It has credibility, a lot of coins and volume. Other credible exchanges are: Kraken, OKCoin, GDAX, Bitfinex. Note: Always check if the exchange you’re going has enough volume and if it is credible, as there are a lot of scams in cryptocurrency.
  23. 23. Tutorial 1. Go-to Bittrex.com and sign-up. Use a safe password.
  24. 24. Tutorial 2. Go-to “Wallets” and click on the “+” sign on the coin that you have. If you have Bitcoin, click on “+” on the Bitcoin row.
  25. 25. Tutorial 3. Click in “New Address”, wait for the address to be generated (it can take up to one minute) and copy paste it. Double check if it’s the right address that you’ve just copied.
  26. 26. Tutorial 4. Go back to Coinbase and go-to “Send”. Paste de address that you’ve just copied. Click “Send Funds”.
  27. 27. Start Trading 5. Go back to Bittrex. Soon you’ll see “Pending Deposit” with the funds that you’ve just sent. Wait a little longer and the process will be completed. Congrats! You’re now ready to start trading.
  28. 28. Step 4: Find The Best Coins To Trade
  29. 29. Chapter Introduction So now you’re ready to trade, but don’t go with a blindfold and start risking your funds. There are opportunities everywhere, but also big market swings. So as we’ve covered on the past articles, for each ICO there’s a token sale that then converts into a coin that goes to the major exchanges. Every coin that you see in an exchange is associated with a blockchain related project. You have projects from online gambling to banking and insurance. Some are solid and have great teams working, others are just white papers with a business idea that will never generate revenue. For the best tips and alerts you have Coinvision.
  30. 30. Tutorial On Coinvision we only give tips on credible coins and projects, but that doesn’t mean that it can’t go wrong or that you don’t do your homework. You have to do your homework. Here’s how you can do it: 1. Go to the website of the coin/project that your thinking of investing in. Try to understand their business model, check if they have credible partners and an experienced team working full time. 2. You are an investor, even if you’re only trading, you are buying into their business, check if they actually have or will have a business. 3. Traction and community are key in cryptocurrency. Almost every coin has a subreddit and a Slack or Telegram channel associated. If you really believe the coin, join the discussion!
  31. 31. Tutorial ● Before buying, analyse the price history and learn the behaviour and the high and lows of the coin. ● If still in doubt if it’s a credible coin or a “shitcoin”, search on Google for keywords like “scam” and try to understand the general sentiment about that coin. Remember, we give you the tips, but you have to do your own homework as results are not guaranteed. Good luck!
  32. 32. Step 5: The Best Tools For Cryptocurrency Trading
  33. 33. Chapter Introduction We’ve already covered how-to get your first cryptocurrency, how-to start trading and how-to to known better the coins and projects that you are investing in. For the last step of this mini tutorial we are going to talk a little bit about the tools that you need to boost your profit, learn how-to trade and have your coins safe.
  34. 34. Tools Coinvision We couldn’t start this list without referring our own solution, as it can greatly contribute for major gains in cryptocurrency. Coinvision is a Facebook Messenger bot specialised in delivering alerts with predictions and information about the most credible crypto coins. Everyday and for free you will get AI powered alerts for the cryptocurrency market. Try it out here.
  35. 35. Tools Coinmarketcap Coinmarketcap is the most trusted index for historical snapshots of cryptocurrency market capitalizations rankings. With this platform you check how the market in behaving and also go deeper and learn in wich exchanges coins are being traded and other features.
  36. 36. Tools Preev Preev is a simple exchange rate index. You can use this platform for a quick conversion of your assets into a specific coin. Example: Bitcoin to Euro.
  37. 37. Tools Ledger Wallet Ledger Nano S is a Bitcoin, Ethereum and Altcoins hardware wallet, based on robust safety features for storing cryptographic assets and securing digital payments. It connects to any computer (USB) and embeds a secure OLED display to double-check and confirm each transaction with a single tap on its side buttons.
  38. 38. CONCLUSION
  39. 39. Conclusion And here it is, the final of our quick tutorial on how-to invest in cryptocurrency. This list and all articles are going to be continuously updated. Thank you and good trades! www.coinvision.co
  40. 40. Thank you
  • AmarbirSandhu1

    Mar. 4, 2018
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    Nov. 15, 2017
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    Nov. 5, 2017
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    Oct. 27, 2017
  • kajiamsuya

    Oct. 20, 2017

The cryptocurrency market is in a hype state as we speak. Everyone wants in, everyone is talking about big gains, big fluctuation, some scams and, in general, great opportunities. Newcomers need help navigating this gold rush and that’s why we at Coinvision have created this quick 5 step tutorial.

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