Find Out If You're Ready To Invest In Cryptocurrency

Hash rate, halvening, market cap, decentralized exchanges, mining, sharding and the list of daunting cryptocurrency jargon goes on and on. So how do other people understand this new age market of assets and securities that don't involve an intermediary....or the banks so to speak? They understand cryptocurrency simply because they've immersed themselves in the infinite amount of information available to all of us, be it via social media, business news, articles or YouTube. And it's all free!! I highly recommend The Daily Hodl, CoinDesk and Coin Telegraph for reliable and accurate information.

Although the challenge of climbing the mountain of getting your first cryptocurrency seems impossible, take it from a guy who had no clue how to even buy Bitcoin in 2019! Let me calm your anxiety about the

So let's get down to the quiz to the quick 10 questions to find out if you're ready to jump into the world of cryptocurrency investing no matter what your age!!

1. Can you complete either a) a banking e-transfer b) an online credit card payment? If you answer YES for one or both you're 1 for 1. That's great

2. Are you able to follow a step by step guide to signing up to an online application, such as signing up to Facebook, or Twitter, Instagram...you know the ones you signed up to. If so, than you're now 2 for 2!

3. Can you take a selfie and upload/send it by using a web application for a cryptocurrency exchange? If you can take a selfie to provide proof of identity to certain exchanges, then you are 3 for 3!

4. Crypto market fluctuations!! Are you able to handle huge market volatility, I'm talking about 40 to 50% drops in price and stay the course in with long term vision? If you can have a long term vision, houray you're 4 for 4!! I smell a new crypto community member!!

5. Do you want the secret to the stress free way to invest in crypto? I would have to image yes.....and the secret is to DCA (dollar cost average) into a diverse crypto portfolio with Bitcoin and Ethereum, the 2 leading coins, being the bulk of the portfolio then choosing a hand full of coins you feel will have longevity.

Start slow and stick to the basics, choose 1-2 exchanges to start with as many of the coins that have been around for a while are listed for purchase. Use your online resources and go to the exchange FAQ as many times they have video tutorials on how to fund and buy cryptocurrencies.

If you hold your positions for the long term, then the stress of selling the highs and buying the lows goes away and there is no need to learn to send/receive/sell etc....you hodl!!

Once you dive in and start learning about all of the prospective avenues to gain value and grow your crypto porfolio you may opt to invest in more high risk high reward projects that can bring 10x, 100x and 1000x projects with the potential of turning a small $200 investment into $200,000 sooner rather than later.

Get ready to be wowed by some of the great companies that have developed brilliant and safe platforms for you to own your very own cryptocurrency, easy as 1-2-3!

As a final note, the most important part is for you to hold your very own cryptocurrency keys (like a bank account number) and not let someone take care of your crypto assets! Take ownership and keep your crypto safe!

Dan - King Koin Krypto

Join my Twitter @kingkoincrypto1