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An investor who got in when Bitcoin was $10 We asked crypto influencers, veteran traders, VC fund founders, and more to share their top tips, essential Twitter follows, and the stories behind their best trades ever. In this edition we speak to longtime trader Ray Tong, who is full of practical advice for both new and experienced investors. Ray Tong stumbled across Bitcoin before most people had even heard of it, while working on a college project in 2011. He got his first bitcoin for when they were just $10, which required a trip to Walgreens to send a Western Union payment to a stranger on the other side of the planet. He got deeper into trading during his post-college years working at Facebook, where he was an active member of a popular internal crypto channel. Resist FOMO No matter how good your timing is, you’re never going to be perfect. You’ll regret getting into rising coins late and not abandoning sinking ones sooner (or leaving a position that later rebounds or a whole host of other scenarios). Track your holdings Tong suggests either making a spreadsheet or using one of the free tools available online to keep track of your holdings and make strategic decisions. He uses a web and mobile app offered by the crypto market-info site CoinGecko. Think Bitcoin, not dollars It’s not easy to do, but Tong suggests shifting your mindset so that Bitcoin or Ethereum becomes your crypto portfolio’s base currency, as opposed to always thinking about its value in U.S. dollars (or whatever your main fiat currency happens to be).“Try to find the currency you believe in the most and make that your base currency,” he says. “So don’t worry as much about your holding’s value in dollars  [from day to day], worry about making trades that ultimately result in you getting more coins. A lot of big firms are actually starting to do this.” #BTC #BitcoinAnalysis #bitcoininvest #PriceProjections #CryptoScoop $BTC
An investor who got in when Bitcoin was $10

We asked crypto influencers, veteran traders, VC fund founders, and more to share their top tips, essential Twitter follows, and the stories behind their best trades ever. In this edition we speak to longtime trader Ray Tong, who is full of practical advice for both new and experienced investors.

Ray Tong stumbled across Bitcoin before most people had even heard of it, while working on a college project in 2011. He got his first bitcoin for when they were just $10, which required a trip to Walgreens to send a Western Union payment to a stranger on the other side of the planet.

He got deeper into trading during his post-college years working at Facebook, where he was an active member of a popular internal crypto channel.

Resist FOMO

No matter how good your timing is, you’re never going to be perfect. You’ll regret getting into rising coins late and not abandoning sinking ones sooner (or leaving a position that later rebounds or a whole host of other scenarios).

Track your holdings

Tong suggests either making a spreadsheet or using one of the free tools available online to keep track of your holdings and make strategic decisions. He uses a web and mobile app offered by the crypto market-info site CoinGecko.

Think Bitcoin, not dollars

It’s not easy to do, but Tong suggests shifting your mindset so that Bitcoin or Ethereum becomes your crypto portfolio’s base currency, as opposed to always thinking about its value in U.S. dollars (or whatever your main fiat currency happens to be).“Try to find the currency you believe in the most and make that your base currency,” he says. “So don’t worry as much about your holding’s value in dollars  [from day to day], worry about making trades that ultimately result in you getting more coins. A lot of big firms are actually starting to do this.”
#BTC #BitcoinAnalysis #bitcoininvest #PriceProjections #CryptoScoop
$BTC
cum să investești în Bitcoin$BTC Investiția în Bitcoin a devenit mai accesibilă de-a lungul anilor. Iată un ghid scurt despre cum să începi, completat cu un grafic vizual detaliat pentru a ilustra procesul. ​Cum să Investiți în Bitcoin: Un Ghid Pas cu Pas ​Educa-te: Înainte de a te lansa, înțelege ce este Bitcoin, cum funcționează, volatilitatea prețului său și riscurile implicate. Nu investi mai mult decât îți poți permite să pierzi.​Alege o Schimb Valutar Reputabilă: Vei avea nevoie de o platformă online pentru a cumpăra, vinde și stoca Bitcoin. Caută schimburi cu securitate puternică, taxe rezonabile și un suport bun pentru clienți. Opțiuni populare includ Coinbase, Binance, Kraken și Gemini.

cum să investești în Bitcoin

$BTC Investiția în Bitcoin a devenit mai accesibilă de-a lungul anilor. Iată un ghid scurt despre cum să începi, completat cu un grafic vizual detaliat pentru a ilustra procesul.

​Cum să Investiți în Bitcoin: Un Ghid Pas cu Pas
​Educa-te: Înainte de a te lansa, înțelege ce este Bitcoin, cum funcționează, volatilitatea prețului său și riscurile implicate. Nu investi mai mult decât îți poți permite să pierzi.​Alege o Schimb Valutar Reputabilă: Vei avea nevoie de o platformă online pentru a cumpăra, vinde și stoca Bitcoin. Caută schimburi cu securitate puternică, taxe rezonabile și un suport bun pentru clienți. Opțiuni populare includ Coinbase, Binance, Kraken și Gemini.
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