How does Shant Marootian recommend beginners to start investing in cryptocurrencies?

3 answers

• Dec 28, 2021 · 3 years ago
  Shant Marootian recommends that beginners start investing in cryptocurrencies by first educating themselves about the market. This includes understanding the basics of blockchain technology, learning about different cryptocurrencies, and staying updated on the latest news and trends in the industry. It's also important to set clear investment goals and determine the amount of risk one is willing to take. Additionally, Shant suggests starting with a small investment and gradually increasing it as one gains more knowledge and experience in the market. It's crucial to do thorough research and due diligence before investing in any specific cryptocurrency.
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• Dec 28, 2021 · 3 years ago
  If you're a beginner looking to invest in cryptocurrencies, Shant Marootian suggests starting with a reputable exchange platform. Look for exchanges that have a user-friendly interface, strong security measures, and a wide range of available cryptocurrencies. It's also important to consider factors such as transaction fees, customer support, and liquidity. Shant advises beginners to start with small investments and diversify their portfolio by investing in multiple cryptocurrencies. Remember to always do your own research and never invest more than you can afford to lose.
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• Dec 28, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that Shant Marootian recommends beginners to start investing in cryptocurrencies by first understanding the fundamentals of blockchain technology. This includes learning about decentralized networks, consensus mechanisms, and the importance of cryptography. Once you have a solid understanding of the technology, Shant suggests researching different cryptocurrencies and their use cases. It's important to invest in projects that have a strong team, a clear roadmap, and a solid community. Shant also advises beginners to start with a small investment and gradually increase it as they gain more knowledge and experience in the market.
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