FAQ About Crypto

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In the world of cryptocurrency, there are certain questions that every newbie asks in order to navigate through crypto. These questions are always the same or rather similar in nature and it all boils down to how it will benefit them, how it differs from the normal fiat currency, the advantages and disadvantages and which crypto is the best to invest in etc.

Some of the questions asked by newbies in order to navigate through are;

Can one invest in crypto for free?

This type of question is very common among newbies because they don’t want to lose their cash due to the fear of volatility or still maybe they don’t have enough money to invest in it.

To answer the question, one can actually invest in crypto for free and this can be done especially in the web3 spaces by performing specific tasks to earn rewards and also contesting for airdrops on newly developed projects. Another way to invest in crypto for free is by doing playing web3 games and joining web3/decentralized platforms e.g Hive.

Which is the best crypto to invest in?

This, in particular, can be a major challenge for newbies because they want a sure coin in which they can put their cash and trust for huge profits but one thing they need to understand is that no coin is sure, they are all prone to volatility. Bitcoin and Ethereum still remain the top coins one would normally go for but to be sure of which coin you want to invest in, you would have to do your research on the major ones because doing your own research is more advantageous that taking financial advice from someone else (except an expert maybe).

Best place to buy/trade crypto.

There are different trading platforms in which one can buy/trade crypto, you just have to pick one and get used to it or check out some popular ones and study them to know which is best to use for your crypto transactions.

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