Hi I’m Ajay and my interest in Cryptocurrencies has spiked rapidly over the last 18 months after following it from a distance since its inception in 2009.
Unfortunately I did not invest $1,000 in Bitcoin in March 2010 when I toyed with the idea. Today at the time of writing I just glanced at the price of Bitcoin which is sitting at $19,348. Wow, at the 2010 buy price of $0.003 per Bitcoin that investment would be sitting somewhere north of $6.4 billion. Big mistake I know – but I was not following it closely enough at that time to make an informed decision. Chances are my PC would have crashed and burned & I would have lost all the data protecting my Bitcoins. If that were the case then I would be extremely upset rather than thinking back on my “what if” speculation at that time.
So like you I should have, could have, would have been a Bitcoin billionaire if I had only followed my gut instinct. Instead I “wisely” invested in the conventional stock market and managed to lose tens of thousands of dollars very easily all on my own.
The good news is that it is never too late to still make substantial profits in this exciting new financial world. However if you are careless you too could quite easily end up losing a lot of your money if you do not take the necessary precautions in this rapidly changing online world.
Our team’s objective is to give you the necessary basic knowledge so that you do not run headfirst into trading cryptocurrencies without arming yourself with some “protective gear”. The biggest threat to your finances aside from buying the “wrong” currency is your online security which if leaked or hacked due to being careless or the use of a poor quality online wallets could see your $ investments vanish in a nanosecond never to be seen again.
We will give you insights into various aspects of the cryptocurrency world along with suggestions and tips.
However we must stress that Cryptocurrencybasics.net is not a financial investment site but merely a portal to offer suggestions based on our own observations and research. We strongly recommend that you do your own research as well, prior to making any investment decisions. Although we believe the area of cryptocurrency trading & investment is still extremely lucrative it is also very volatile and fortunes can be made and lost in the blink of an eye for those who do not stand guard over their portfolios.
Here is a good place to gain an insight into What Cryptocurrencies are all about.
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