Investing in cryptocurrencies has become increasingly popular, but it also involves risks that require attention and knowledge 📉📊. If you are just starting out, it is essential to understand the basic principles 📚 before applying your money💰.
1. Understand what cryptocurrencies are 🪙💰
Cryptocurrencies 🪙 are decentralized digital currencies, based on blockchain technology, which allows secure transactions without intermediaries. The most well-known are:
Bitcoin (BTC): the first and most valuable.
Ethereum (ETH): known for its smart contract technology.
Others: such as Solana (SOL), Cardano (ADA), XRP, and many others.
Try to focus your capital more on stable and established coins and only a small part on high-risk coins, the part that if lost, will not be missed. Focus on investing in coins with growth potential, these promising coins.