/biz/ - Business & Finance

Intro to crypto services thread, in this post I will have referrals, but hopefully there will also be some usefu free tools and information for anybody who might feel their tools art as sharp as they could be.
Intermediate knowledge and above will know to look elsewhere, but there might be some useful tools below regardless especially for anyone new just starting out.

Hello anon. Your’re choosing to get into crypto at a historic time, you’re a little late to the game, but that is ok. You can still get into trading crypto.
Welcome new trading frens, your financial future awaits you. Please trade keeping your risk in mind. Don’t buy the tops unless you can hold, never miss buying the dips. I’d recommend against shorting until you have a firm grasp on what mechanics that actually entails.
>Some general thoughts
Yes BTC is over 22k right now, it jumped a few thousand points just today.
You can buy alt and stablecoins to provide you an entry to the crypto markets or buying into a dip, if you feel up to it you could try to take advantage of the inevitable volatility. But Hodling in crypto has proven to be useful advice, even if you bought the last top.
If it’s low grab whatever you can afford (with research) most coins in the alt-space have had a good run.
I would recommend getting an external wallet to both coinbase and finance, (trust wallet works well as a multi-coin wallet)
Always triple check transfers withdrawals and deposits to and from any wallet address, there’s generally very little to do about reversing a transaction after its confirmed.
On a long enough timescale you will make money.
Make a trading plan and establish risk analysis and add to your folio whenever your strategy tells you to buy. Do not use instinct or emotions to trade. No stress now anon, you’ve only just started to make it by choosing to control your investments. Welcome to intro to crypto on /Biz here’s the helpful stuff