Bitcoin and Co. are highly speculative. But more and more small investors are gambling. Others are still hesitating. Here are a few tips for beginners.
Cryptocurrencies such as Bitcoin, Ether or Dogecoin are on everyone’s lips. The price fluctuations of Bitcoin are as much a topic of conversation as the Japanese dog breed Shiba Inu, which adorns the coin of Dogecoin. Recently, you may have also read that the new premium sponsor for the Rapid Wien soccer club is the “crypto exchange” Crypshark.
So crypto assets have long since arrived in the mainstream and are no longer an item just for geeks. Reason enough, then, to dive into the world of cryptocurrencies.
Admittedly, the whole thing can be abstract, especially if you have no points of contact with it yourself. After all, have you ever seen a bitcoin coin? Neither have I, because the currency we’re talking about is found exclusively in digital space.
However, I would like to take a little bit of the mystique out of cryptocurrencies for you by explaining how you can actually buy cryptocurrencies. So you don’t have to take a risk, I’ll do that for you. Let’s get started.