{"id":3701,"date":"2021-11-17T13:56:12","date_gmt":"2021-11-17T13:56:12","guid":{"rendered":"https:\/\/cymood.com\/web\/?p=3701"},"modified":"2022-11-18T10:08:31","modified_gmt":"2022-11-18T10:08:31","slug":"how-to-buy-a-cryptocurrency-rookies-step","status":"publish","type":"post","link":"https:\/\/cymood.com\/web\/2021\/11\/17\/how-to-buy-a-cryptocurrency-rookies-step\/","title":{"rendered":"How to buy a cryptocurrency – Rookies Step"},"content":{"rendered":"

Today we are going to see how to buy a cryptocurrency in 3 simple steps.<\/p>\n

phase 1 – Research:<\/strong>
\nBefore doing anything you have to find out what you want to buy.
\nWhich seems trivial, but it’s not so easy to find because the crypto market offers a disproportionate number of coins.
\nFirst of all we need to understand if we want to buy a coins with a glorious past or a coins that have just come out on the market.
\nWe need to make this research, which can also be based on suggestions given by the media or friends.
\nBe careful in this case not to be fooled by possible scams.<\/p>\n

Analyze the situation of the coin on a graphical level and everything that revolves around it.<\/p>\n

phase 2 – SAFETY<\/strong>
\nOnce you have chosen the coin you want to buy, the first thing to do is find a secure wallet and create it.
\nLearn more about safety here<\/strong><\/a>.<\/p>\n

step 3 – buy the coin<\/strong>
\nOpen the exchange and press the BUY button.<\/p>\n

Now some recommendations<\/strong>
\nAlways do extensive research on the coin you are analyzing and if someone has suggested it to you, try to understand if it is a disinterested suggestion or not.
\nObviously NEVER follow the hype. <\/strong>
\nThe hype invariably leads to entering at inflated prices and then losing a lot of money. Enjoy the hype by standing at the window.
\nRemember that wallets are programs to hold your coins so pay attention to the different types of wallets and different types of addresses.
\nIf you get the wrong address you have lost your coins.<\/p>\n","protected":false},"excerpt":{"rendered":"

Today we are going to see how to buy a cryptocurrency in 3 simple steps. phase 1 – Research: Before […]<\/p>\n","protected":false},"author":19,"featured_media":2861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46,47,49,52,56,57],"tags":[],"yoast_head":"\nHow to buy a cryptocurrency - Rookies Step | CYMood.com<\/title>\n<meta name=\"description\" content=\"Everybody talking about Bitcoin. How can I buy one? 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