OK so now you have learnt what you should not do when you start researching and buying cryptocurrency.
Next you will learn better step by state strategy of finding the best crypto currencies for profits.
You can go through the sections once and then again and again to recap so you will get all the information
this information about you will learn next can be worth thousands tens of thousands or even hundreds
of thousands of dollars in the future in your life.
So that's why you should listen carefully.
So the first you should decide your goals and I don't mean that writing down goal I won't make more
money.
That's of course the goal.
But I have four questions to help you define your goals.
Do you want higher risk high reward or low risk role low reward.
Because there are Queensferry can make 10000 time profits but usually there is also a higher risk.
Then there are low risk but they are also lower reward like the biggest ones.
People already see how seeing the potential in a harem and Bitcoin.
So the risk is less that can be a little bit lower but the reward of the arahant can be a little bit
lower as well.
So what does your risk reward level define this one.
How long are you planning to invest.
Are you planning to invest only for one year by turning it in with two years five years 10 years or
until you will retire until you make one million or 10 million.
What this your goal
and are you going to do day trading or are you going to hold for long term.
Are you going to be every day in front of your computer buying selling buying selling trading coins
or are you going to make a research by this one and hold it for two years.
That's it.
And how much time do you spend for trading.
Are you going to spend eight hours per day full time working or just as little time as possible.
Is research the best one.
And then you go for it.
It's very important that you define your goals so you can shoot for that one.
Because if you don't have a goal it's very hard to hit a target.
So now how do you research potential coins.
As I said there are 1500 cryptocurrency is how do you find the best ones.
And now I'm going to give you four simple steps what you can do for finding potential cryptocurrency
is first go to forums and see what people are talking about.
I just said that you should not by using this strategy but you can do what I showed you before ask Hey
I have $10000 where should I invest in and see what people are saying.
You see people at work.
People are talking about what are the hot cryptocurrency at the moment.
We get some kind of idea but yet don't do your investment just get a little bit of idea what people
are talking about.
Then you can check out the biggest coins or coin market cap that's come.
Let me show you.
So we are now here on coin market cap dot com and it's one of the most popular cryptocurrency websites
in the world.
They have listed pretty much all crypto currencies in the world.
You can see so much information about them.
You can find what are the biggest ones here.
Their market cap well is the price of its cryptocurrency how much people are trading it.
Well it's a circulating supply.
How much it has changed during the last 24 hours.
And what does the price graph for the last seven days.
Then you can also search for other crypto currencies here for example bit decree to show you the currency.
You can click with the.
You can open it for example or another window to take a closer look at it.
It does show you the chart how the market price has been changing where it can buy market so sell everything.
Let me show you also the ripple the cryptocurrency where I have invested heavily on here the market
cap was you circulating supply total supply and when you scroll down it shows you for example I have
clicked here Ripl markets.
It shows you where you can buy Ripl coins.
Then if you click sold sell it will show you their social media communities.
For example Twitter Reddit and other ones.
And here we can pretty much research its going and make some kind of basic research.
So I recommend taking out the coin market cap.
There will be lots of these acts on the site so don't care too much about them.
You can do your own research here.
Then one good idea to start your research is look for articles and videos like top10 cryptocurrency
for 2018.
Let me show you.
You go for example to Google and you search for articles top10 cryptocurrency told 2008 that the best
cryptocurrency is you will also see what people are talking about that are too hot once you also search
so new to where they are to top cryptocurrency is for 2018 with the most potential will you.
What's a few readers who read a few articles to see what people are talking about and you will get some
kind of idea.
What other interesting ones will there like little bit shady not so good ones and it will start getting
the idea of how these things work.
Of course you need to pay attention that when some of this video Superpole our people are already talking
about it.
So the price may be higher then I of course recommend to following your online revenue that come with
my website where I publish lots of cryptocurrency articles and reviews Ceric and take a look.
For example the recent article is in the a scam or Legget by Nunn's review.
Q. coin review its quantum or go to investors who are behind the protest.
What these words does.
Words have a future or will it fall is thrown.
A good investment.
Five interesting facts to consider then if you search on google my website is usually on the top is
Ripl worth buying your online revenue.
These are the top if you search for example is strong a good investment here a lot of revenue is the
first result if you search also write books are a good investment.
My article and my will are the first two as well.
So youre on Letterman or does that come as one of the leaders in the cryptocurrency research.
So thats why I highly recommend that you go to my website or on Letterman or other come to read for
articles to subscribe to email lists here.
I will learn lots of new information for completely free about cryptocurrency is making money online.
So after you have gone through all these four steps this is the end result.
You pick a few interesting coins and start researching them more in detail.
For example write them down.
Cardinal Ribe blocks cook coins searched Biden's coin and Ripl write them down.
And then we start searching more in detail.
Each of these coins and I will show you the strategy that you can step by step strategy what you can
use for researching any of these coins or any of the 1500 coins.
So we will see you in the next lesson.