"All the investments are subject to market risks." This statement is not just a warning, but it's a fact. People have lost their entire life's worth of saving and more people are losing money now more than ever. You ask why? Bad investment decisions and lack of proper insights about the most volatile market - cryptocurrency.
Ironically, the number of millionaires went up since cryptocurrency made its debut and the number of people making a fat wad of cash isn’t decreasing either.
So What Differentiates Those Successful Investors From Failed Ones?
Ever heard of the phrase "Knowledge is Power?" Those people learned, read, researched and then decided to use all that accumulated information. It is crucial to learn about investment strategies, how to time your investment, market sentiments and more in order to make money.
As an investor, you don’t necessarily have to do it all by yourself. There are experts willing to share their knowledge with the masses. They share current market trends, the upcoming sell-off, or even predicting movements of the crypto.
In this article, we’ll tell you how and where you can learn to make a good investment with minimum risk of loss.
MyCryptoParadise
MCP provides free crypto signals to its members. For those of you who don’t know what a crypto signal is, please check the definition by 3Commas.io.
MyCryptoParadise is run by four pro crypto traders who also happen to be experts in deep analysis using a combination of sophisticated algorithms on market conditions and technical indicators. The crypto signals they get from this method mirrors those identical trades the professionals are making with adequate details about which cryptocurrency to buy, the ideal entries and targeted profitable exits.
MCP used their experience and expertise to make profits over years and now they are sharing their expertise with others. They share crypto signals daily in their Telegram group, which is growing ever so more.
If as a user you have trouble understanding the signals and are confused about investing, you can join their VIP Chatroom and receive personal coaching. The Paradise Team and other VIP members do come forward to help you understand everything and get trades right. Their list of happy clients says a lot on its own.
InvestoTrend
They help users understand how the forex and crypto sphere work and the complicated terminologies through their comprehensive blogs. It is one step that prevents any newbie from making poor investment decisions.
Experts at InvestoTrend keep an eye on the latest market sentiments, technical indicators and charting tools to make their guides. Their guide helps you skill and better your financial decisions like which crypto you used to invest in and why.
This website is most suitable for beginners who want to learn how to buy a cryptocurrency and where to buy it from. Which cryptocurrency would give them the most profits in the long run. If someone is confused between Ripple or Litecoin, which one should they buy?
Obviously, their blogs and articles are for informational purposes, in order to update you so you can make good investment decisions and not fall for loss.
Binance Academy
Binance has become one of the world’s biggest crypto exchanges and at this point, hardly anyone who’s in the crypto sector is unfamiliar with the name. However, not everybody knows Binance runs an academy as well for novice and eager crypto enthusiasts.
The courses are made by experts keeping every group in mind, so from beginner to sort of expert can go to Binance Academy and take a look at any of their guides.
The biggest pro in favor of Binance is how far they go explaining everything in the simplest way possible and their course or guides extend from basic "What is Bitcoin" to advanced trading such as "How to Calculate Position in Trading."
Binance even helps you set up an account and help you get started with trading after you have learned everything.
Conclusion
Being aware of the market condition and paying close attention to what professionals are talking about in their trades can be beneficial big time. Plus getting an education about the crypto market and what you intend to do in it will give you an edge. These sites mentioned above are only a few of the many places where you can learn, practice and profit.