
3 Things You Need to Know Before Investing in Crypto
Rancakmedia.com – Crypto investment has become a new hero in society, especially among young people. They are vying to invest to get a lot of money.
In the previous four years, crypto investment has become popular and has become a new investment alternative in society. Especially when the Covid-19 outbreak hit almost all over the world, forcing many people to lose their jobs.
So, that's when crypto investment appeared, which seems to be a community medicine in the midst of a pandemic. With only a small capital, investors can get multiple money. The crypto world undoubtedly attracts everyone, from people to large companies.
But not a few of the investors are not ready with proper information about how the Crypto world works and conditions. They only invest as a result of peer pressure and the information they get from the media.
So, for those of you who want to join the crypto world, you must know the following three things so that the money you invest can increase.
1. Valuation of Cryptocurrency Asset Variables
Before deciding what cryptocurrency you want to earn, you must first understand what types of cryptocurrencies are and how they function. One of the simplest methods to check crypto assets is to visit the official website.
2. Find out the Service Fee
Always pay attention to the amount of fees and spreads. The spread is the difference between the highest buy order price and the lowest sell price.
3. Select Legal Media Exchange
To improve investment security, use official exchange media and be registered with the Commodity Futures Trading Regulatory Agency (Bappebti). Bappebti is authorized to regulate the digital crypto trading process in Indonesia.
So far, there are 13 companies that have been registered with Bappebti as crypto traders. Beginner investors may be more cautious about making long-term investments with digital currencies.
Conclusion
Crypto investment has become a new hero in society, especially among young people. With only a small capital, investors can get multiple money. There are 13 companies that have been registered with Bappebti as Crypto traders. Beginner investors may be more cautious about making long-term investments with digital currencies.