Make Money Investing $1000 (trading cryptocurrencies)

Cryptocurrencies are on the rise. While trading them might seem risky, if you conduct your research and study the market you reduce the risk of a bad investment. There are plenty of platforms for trading cryptocurrencies as well. But before you dive in, educate yourself. Learn the intricacies of trading things like Bitcoin, Ether, Litecoin and others.

While there are over 3,000 cryptocurrencies in existence, only a handful really matter today. Find an exchange, research the trading patterns, look for breakouts of long-term moving averages, and get busy trading. You can use exchanges like Binance Coinbase, & hitbtc.

Which cryptocurrency should be trading at the end of the day? Look for coins with a lare 24 hour trading volume, but be careful of coins that are a Pump and Dump. To be on the safer side, Etherium and Litecoin are well known. While all the buzz is in Bitcoin, these two cryptocurrencies are established and are holding steady, without the frenzy. Will the frenzy hit them next? Possibly. But the only way to find out is to get in on the so-called ground floor.

Binance: https://www.binance.com/?ref=23911017

Coinspot: https://www.coinspot.com.au?affiliate=2QNG8

hitbtc: https://hitbtc.com/?ref_id=5a8571835fb16

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Please note: I am not a professional financial adviser. All investments you make are of your own. Do your own research.

Credit to R.L. Adams.