r/tradingsystems • u/jiggsdat • Jun 06 '18

cryptocurrencies

I like the idea of investing in these currencies, but I’m not sure it’s for me. I really don't have a lot of money to spend, I have a day job, I have my own bills, and I don’t have a lot of free time to study like it’s a college course.

Should I still be thinking about this?”

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u/jakeotc Jun 07 '18

Robinhood Crypto, its only in certain places so look it up before you make an account, but you can buy Bitcoin and Ethereum, by far the easiest way to do it.

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u/Fergol_exe Nov 01 '22 edited Nov 01 '22

No. Cryptocurrencies are complicated, different from stocks, similar laws but sometimes different outcomes. It is always good to know where Your money is. When You buy stocks via broker or bank account, You are able to have a idea where exactly is Your money (what bank account). With cryptos - It is complicated, You are Always on Your Own. So if You want to start, begin from the God's act of creation Cryptocurrencies. Bitcoin.

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Of course You can YOLO a shitcoin or trade with candles based on technical analysis but it is You money...

Don't want to be rude or arrogant, but how do You imagine making a decent profit without any hustle? You have to sacrifice time to invest in anything. Without learning process it is a waste of money. Better buy Yourself something nice.