1 - Decide what kind of currency you want to invest in
All cryptocurrencies are based on blockchain technology, so for those looking to invest, any cryptocurrency is compatible.
2 - Decide how much you would like to invest
Remember that the market is quite volatile, so it is important to start slowly. The next step is to understand when is the best time to make your transaction.
3 - Make your first trade
With the analyses and the decisions made, everything is ready for you to make your first exchange and the purchase and sale of crypto within the digital market.
After selecting your exchange, these are the next steps:
A) Set up the account:
At this stage, you must fill in the various forms of personal identification required.
B) Join the Bank:
Assign one or more bank accounts to your exchange account. Any purchase or sale you make will be deducted or deposited from this bank account of your choice.
C) Make your first exchange:
After creating an account in your chosen Exchange and adding one or more bank accounts, you will make your first transaction. To do this, you must navigate to the purchase option, select the amount of currency to buy, enter the cryptocurrency address, confirm the purchase and that's it! Now you just have to wait for the purchased amount to arrive in your wallet.
4 - Buy cryptocurrencies:
It's time to dive in the universe of crypto! From now on, you decide whether to buy cryptocurrencies using a credit card or in an exchange. The decision must be made based on how fast you want to complete the transaction, and what fees you are willing to pay.
How to invest in blockchain over and above Bitcoins and cryptocoins
As we have already mentioned, the use of blockchain currently goes far beyond cryptocoins and has gained prominence in investment from several other segments.
Shares in blockchain companies
As blockchain has the potential to become a widely used and disruptive technology among the most different segments, one form of investment in this technology is the purchase of shares of large companies working with this technology.
If blockchain becomes a successful product within this company's portfolio, the investor can also benefit financially from the results achieved. But remember that this type of stock investment requires time and patience for the return.
This is the model for collaborative funding initiatives. This tool has been used to leverage the most different types of projects and has made it possible to implement many ideas without the need for bank loans.
This alternative allows entrepreneurs or creators of an idea to use a loan or collective financing online in an environment where the network users themselves validate and finance the projects. Ideally, the Internet should be used to disseminate all the development details of the project and collect the necessary value to implement it.
It is the abbreviation for Initial Coin Offering. It is similar to a takeover bid, when a company makes an offer to purchase another company. It means that someone offers investors some units of a new cryptocurrency. They are generally used for the financing and development of a new cryptocurrency.
Blockchain solutions companies
We provide you three examples of promising scenarios for blockchain in different markets that can be developed by companies:
They can use the blockchain to create intrusion-proof systems that protect both user and company data against cyber-attacks.
The transparency of the blockchain in supply chains, which not only identifies forgeries, but also provides information on the steps of the process globally, can be taken advantage of.
Use the blockchain in mobile applications for transactions such as financial securities, loyalty and scoring programs, online shopping, among others. Blockchain guarantees transparency, security and reliability in all these transactions.