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How does John Dessereau recommend beginners get started with cryptocurrency trading?

avatarOmid MohammadyDec 26, 2021 · 3 years ago3 answers

What are John Dessereau's recommendations for beginners who want to start trading cryptocurrency?

How does John Dessereau recommend beginners get started with cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    As a cryptocurrency expert, John Dessereau recommends beginners to start trading cryptocurrency by first educating themselves about the basics. This includes understanding how blockchain technology works, learning about different types of cryptocurrencies, and familiarizing themselves with the risks and potential rewards of trading. It's also important to choose a reliable cryptocurrency exchange platform to trade on. By doing thorough research and starting with small investments, beginners can gradually gain experience and confidence in cryptocurrency trading.
  • avatarDec 26, 2021 · 3 years ago
    If you're new to cryptocurrency trading, John Dessereau suggests starting with a small investment and gradually increasing it as you gain more knowledge and experience. It's important to set realistic expectations and not to invest more than you can afford to lose. John also recommends diversifying your cryptocurrency portfolio to minimize risk. Additionally, staying updated with the latest news and developments in the cryptocurrency market can help you make informed trading decisions.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, John Dessereau recommends beginners to start with a reliable cryptocurrency exchange platform that offers a user-friendly interface and strong security measures. It's important to choose an exchange that supports a wide range of cryptocurrencies and has a good reputation in the industry. John also advises beginners to start with small investments and gradually increase their trading volume as they gain more experience and confidence. BYDFi provides educational resources and a supportive community for beginners to learn and grow in their cryptocurrency trading journey.