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How to Invest in Cryptocurrencies – A Beginners Guide

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10/21/2018 How to Invest in Cryptocurrencies - A Beginners Guide

THE JOURNEY OF A MILLION DOLLARS

BEGINS WITH A SINGLE CLICK!

HOME ABOUT US  FOREX TRADING COURSES

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How to Invest in Cryptocurrencies – A  How to Invest in

Beginners Guide Cryptocurrencies
– A Beginners
Dear Crypto
Guide
Enthusiasts:
 Platinum
Today we are
Trading
going to focus
Institute’s pick
on another
for BEST FOREX
area of online
BROKER
trading markets. From among, equity, option, CFDS,
and Crypto investments, Cryptocurrencies are the
 BEGINNER’S
most recent additions into available investment pool.
GUIDE TO
Due to its recent foray into online trading
FOREX
opportunities, at Platinum Trading Institute (PTI) our
TRADING
traders have performed extensive research and
prepared the following beginner’s guide.  What Is The
Federal Funds
 
Rate?

CRYPTO MARKET PLACE

 Bene ts Of
Trading In
Just like any CFD markets, our crypto mentors prefer
Crude Oil
to review the Crypto markets every morning, even
Inventories
though the crypto market place never sleeps. The
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10/21/2018 How to Invest in Cryptocurrencies - A Beginners Guide

online trading in Cryptos occurs 24/7 offering the Categories

crypto traders trading opportunities incessantly. For
example, today 0n 10/18/2018, the Bitcoin opened at  Crypto
$6514.65, reached a peak of $6553.06, and is
currently trading at $6449.45. Along with Bitcoin  Forex
uctuations, the alternate coins also change and
mostly track Bitcoin price uctuations. For example,  Trade of the
the total market cap that re ects the aggregate of all Day Videos
crypto altcoins had traded today in the narrow range
around $208 Trillion to $210 Trillion.
Get Social
In general, the crypto investors focus on top ten
cryptos to begin their journey into cryptocurrency   
trading. Frequently cited currencies are, Ripple (XRP),
Ethereum (ETH), Bitcoin cash (BCH), and Litecoin

(LTC). Although, as of August 2018, the number of
cryptocurrencies traded in the Crypto market place
exceeds 1600 – thus offering plenty of opportunities
to beginners and experienced crypto investors many
opportunities to trade and invest in cryptos.

CRYPTOCURRENCY INVESTMENT

As a crypto enthusiast, if you are looking at investing

in Cryptos then you must familiarize yourself with the
crypto exchanges. These crypto trading exchanges
are like brokerage houses; Fidelity or TD America that
help you trade one cryptocurrency for the other or US
dollar. Not all Crypto exchanges are alike. They differ
in Cryptocurrencies offered, trading commissions, and
if they accept at currencies or not. In addition, you
also need to understand the concepts of hot wallets
and cold wallets. Cold wallets are more secure than
hot wallets and not subject to currency hacking.

IG’s strength stems from the fact that it is a fully-

regulated International company having a listingOf onine
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10/21/2018 How to Invest in Cryptocurrencies - A Beginners Guide

UK’s FTSE 250. As a result, its services are reliable,

trustworthy, and trader friendly. They also offer
services in CFDs, FOREX trading, and nancial
betting. Due to its size, it caters to beginner traders,
intermediate currency investors, and advanced
speculators around the Globe.

Now, if you are a US citizen then the options for

brokers are somewhat limited. US FOREX brokers are
regulated by either NFA or CFTC and are subject to
stringent restrictions designed to protect the
individual traders. For example, these NFA regulated
brokers must limit their leverage to 50-to-1 and
conform to rigorous record keeping requirements.

PTI RECOMMENDS THE FOLLOWING CRYPTO

EXCHANGES:

COINBASE:

Coinbase is probably
the most well-known
crypto exchange
among the US crypto
enthusiasts. With 20
– Million plus users,
and over $150 Billion
in assets, it dominates the crypto market in the US.
Coin base offers only a limited number of coins,
among them Bitcoin, Ethereum, and Bitcoin cash are
the major offerings. One important factor that is
favored by most crypto investors is the fact that it
allows purchasing the currencies in either US dollars,
EUROs, or GBP.

JAXX:

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10/21/2018 How to Invest in Cryptocurrencies - A Beginners Guide

Jaxx Wallet was rst

developed in 2014
and provides a very
smart and easy to
use multi-
cryptocurrency
wallet. It can store over 30 different types of
cryptocurrency on its platform which is incredibly
helpful. Jaxx also has a mobile App which is very
user-friendly. Several of the experienced traders at
PTI prefer using Jaxx for their personal portfolio.

Once you become more experienced with crypto

investments, you may want to store your collections
in a cold storage. There are cold storage sites like
Exodus wallet or Nano S that mitigate risk associated
with hacking or phishing.

For a more experienced crypto investor, nothing could

be more exhilarating than being able to trade them
24/7, using the computer. These experienced
traders/investors can exchange their coins on the
exchange, just like trading CFDs on a brokerage rm.
Some of the notable exchanges are coin base,
Binance, and Bittrex.

PTI TRADER’S FAVORITE CRYPTOCURRENCY

EXCHANGES:

BINANCE

If you are looking for

a robust crypto
trading platform that
offers higher
liquidity, better
trading speed, andOf ine
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10/21/2018 How to Invest in Cryptocurrencies - A Beginners Guide

lower spread then Binance is your exchange. It is user

friendly and very simple for a beginner to learn to
use. As a beginner in crypto trading, you should
de nitely evaluate it for your trading experience.

Another popular choice is the USA based Bittrex

exchange.

BITTREX

Bittrex is the US
based exchange that
offers the basic
services as that of
Binance, though it is
more user -friendly and versatile. It has a fairly large
number of coins to choose for trading, though the
basic trading currency is only the Bitcoin. Recently, it
has started accepting investments in US dollars in
some states of the country and is enlarging its base in
other states. I prefer this exchange, as it offers fairly
low spreads, a larger array of coins, and has
reasonably good graphics to visualize the market
uctuations.

I must say that there are many exchanges, like

Poloniex, Bit nex, Coinbase, pro, Huobi, and OKEx
that offer similar services. There are many other
Exchanges which I can mention with con dence like
Poloniex, Bit nex, Coinbase Pro, Huobi and OKEx. As
a beginner crypto investor, you should check out
these exchanges and decide on the ones that t your
lifestyle, the coins that you want to trade, and which
at currency is of use to you. Our traders at PTI have
often accounts on multiple exchanges so that one can
move from one-to-other seamlessly capitalizing on
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10/21/2018 How to Invest in Cryptocurrencies - A Beginners Guide

the crypto arbitrage opportunity offered by that

exchange.

I hope that after reading this informative article on

Crypto trading you are excited about joining an elite
group of Crypto investors to earn the title of a
Cryptonnaire. For that, we invite you to join Platinum
Trading Institute (PTI), for a free one-on-one
mentoring class at the earliest.

FREE Crypto Class For Beginners – Learn How To

Trade Cryptocurrencies TODAY!

If you are a more seasoned trader in the crypto

space, but are struggling in the current bear market
to come out with any signi cant pro ts each month,
then I would suggest getting in touch with one of our
Portfolio Specialists who will do a free analysis and
appraisal of your portfolio, and help you turn the
corner into pro ts!

Get your FREE Crypto Portfolio Assessment – One to

One 2018 Forecast Consultation!

you’ve booked your session above, we look forward to

speaking to you soon!

Hopefully, you have enjoyed today’s article. Thanks

for reading!

Have a fantastic day!

Dr. Jayesh Mehta, MBA.

Book a 1-to-1 Consultation with a Professional

Trader

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10/21/2018 How to Invest in Cryptocurrencies - A Beginners Guide

START YOUR CRYPTO JOURNEY TODAY DOWNLOAD

OUR EBOOK

Earnings Disclaimer:

The information you’ll nd in this article is for

educational purpose only. We make no promise or
guarantee of income or earnings. You have to do
some work, use your best judgment and perform due
diligence before using the information in this article.
Your success is still up to you. Nothing in this article is
intended to be professional, legal, nancial and/or
accounting advice. Always seek competent advice
from professionals in these matters. If you break the
city or other local laws, we will not be held liable for
any damages you incur.

By Dr. Jayesh Mehta | October 19th, 2018 | Crypto | Comments Off

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About the Author: Dr. Jayesh Mehta

Nationally recognized Advanced

Technology leader with over 25 years in
the Aerospace Industry. Sustained track
record of providing innovative solutions to
advancements in the gas turbine and alternate
energy elds. Dr. Mehta is an innovator and a
passionate nancial analyst who has turned his
attention now to intricate world of FOREX and Crypto
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10/21/2018 How to Invest in Cryptocurrencies - A Beginners Guide

trading education. Academically, Dr. Mehta shares Mr.

Nirav Shah’s passion for developing algorithmic
strategy based trading approaches for nancial
instruments applied to FOREX, Crypto, and Equity
markets. As a part of his MBA in nancial engineering
at Xavier University, Dr. Mehta had developed and
published several peer reviewed papers on Black-
Scholes options models in agship nancial journals.

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