DO YOUR OWN RESEARCH(DYOR): TRADING CRYPTOCURRENCY WITH KNOWLEDGE

Do your own research with Lens over Crypto
Source: SekiApp

The mention of research terrifies a lot of people, maybe because of their experience in school or because they don’t like anything “book-related”. When we talk about research in trading cryptocurrency, you don’t have to worry as it doesn’t involve you reading an academic journal or anything related.

Have you ever been to an ATM stand and met a long queue -with someone on the queue that hasn’t tried using any other ATM there-? It is even shocking that she joined the line without checking the other ATMs before telling you it doesn’t work and that’s why they all queued.

Shortly, the twist happened when a strong-willed guy came without joining the queue and tried out other ATMs before deciding if he was going to join the queue or take his leave; and viola! the ATM dispensed and he freed a lot of people from their self-inflicted misery; sounds relatable?

That’s how things are most times when it comes to trading crypto. You receive advice from someone that hasn’t tried trading… 

someone that chose not to trade because he heard from a friend that cryptocurrency is only for fraudsters…

One that thinks crypto only takes your money away…

A person that doesn’t know there’s a trend of using cryptocurrency as an official means of exchange -a legal tender-  in many countries… 

You queued without doing your research and delayed or stayed totally away from earning -through crypto- because of an inexperienced person’s opinion, seriously?!

How will you feel, if at the end of the day you find out that the information you got isn’t right? Like a dummy? Like you’ve wasted your time when you could have been earning for long?

Avoid that by doing your research today! 

Confused about where to start knowing what crypto and other digital assets entail?

You can start with these pointers:

  • Know your risk appetite and let that be your first guide. If you have a low-risk appetite, you may want to go for stablecoins like USDT
  • Research and know about the type of coin to invest your money in.
  • Choose the platform to trade your cryptocurrency carefully. You don’t have to worry about that anymore as SekiApp is here for you.
  • Get familiar with some crypto terms so as to understand better when people in the crypto space communicate. Information is power, you know.

It is not enough to just have the money to trade, you need to learn and understand the crypto space. Make sure you do your research before getting into the crypto market.

Stay tuned to SekiApp for more life-changing insights that will help you trade digital assets even when your friends rely on “hearsay” information.

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