How to Invest in Cryptocurrencies: The Ultimate Guide for Beginners

For beginners, the crypto world can seem a little overwhelming for various reasons. Firstly, there is the issue of which cryptocurrencies to invest in. There are hundreds of available altcoins to choose from and the number is growing all the time as new blockchain-based initiatives hit the market, with their own unique token economies. Then of course there is the critical issue of security. Since the digital currency arena is still in the process of becoming fully regulated, as it develops into an established mainstream investment channel, not every crypto investment opportunity can be trusted. So, knowing in whose hands you can safely place your capital is essential. Finally, there is the question of how to invest in cryptocurrencies. There are countless avenues to pick from, from day trading to HODLing, and your choice will depend in large part on the amount of time you have to dedicate to your investing, as well as your profit expectations and risk tolerance.

In this guide you will learn how to invest in cryptocurrencies smartly and safely, so you can benefit from the best returns with the least effort, with virtually no risk at all.

Is it worth investing in cryptocurrencies?

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The more you learn about cryptocurrencies, the more excited you will become about the lucrative opportunities this emerging asset offers to every type of investor from beginners to veteran professionals.

The crypto arena can offer exceptional returns. So long as you take the right safety precautions and choose the investment channel that best suits your specific needs, the digital currency markets can be well worth it.

What is the most profitable way to invest in crypto?

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Choosing how to invest in cryptocurrencies is probably your most important decision. Take your time to learn about the pros and cons of lending and borrowing, various types of crypto savings accounts, long term digital asset investment and short-term trading and decide what will work best for you. If you are cautious, with an eye on saving now for retirement, you may want to hold on to your crypto, waiting for it to appreciate over the long term. Alternatively, if you prefer the adrenaline rush of trading on the ups and downs of a highly volatile market, where fortunes can change dramatically in a heartbeat then you may want to try day trading. However, while the payout is instant and can be very high, the risks are equally substantial and an inexperienced or simply, unlucky investor can lose it all in the blink of an eye.

At ArbiSmart, we offer an EU licensed fully automated crypto arbitrage platform, which provides investors with a way to earn exceptional rates at close to zero risk. Crypto arbitrage is a strategy that involves taking advantage of the fact that a specific cryptocurrency can temporarily be offered on different exchanges, at different prices, at the same time.

This is great for beginners, as all you need to do is sign up, deposit funds and then the platform takes over generating a passive income. Your money is converted into RBIS, the company’s native token, and used for arbitrage trading. Your balance can be withdrawn at any time in BTC, ETH, or EUR.

Our system scans over twenty different exchanges at once, identifying and then exploiting crypto arbitrage opportunities. It finds the lowest possible price at which the coin is being offered and automatically buys it. The system then immediately sells the coin on the exchange where it is offered at the highest available price, earning a profit on the spread before the price difference gets resolved.

The primary issue concerning most investors is how much they can make in the shortest time frame. When evaluating how to invest in cryptocurrencies, profit margins are where crypto arbitrage really shines.

Aside from being widely considered by investment professionals to be an exceptionally low risk form of investment, crypto arbitrage can offer outstanding returns. At ArbiSmart, depending on your deposit amount, you can earn anywhere from 10.8% to 45% per year.

In addition, the continuing growth of the platform as it gains in global popularity has led to a steady rise in the value of the RBIS token, generating compound profits for ArbiSmart investors. It is not even listed on crypto exchanges yet, but has already gone up by 120% in the 18 months since it was introduced and is projected to rise by 3,000% by the close of 2021.

How can you invest in cryptocurrencies safely?

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Investing in cryptocurrencies can be dangerous, with scammers taking advantage of the unwary and hackers exploiting holes in smart contract technology. To help you decide how to invest in cryptocurrencies, our ultimate guide explores the best ways to protect your capital as you boost your bottom line.

Most importantly, you need to do your homework. This doesn’t need to involve an economics degree and an online crash course on the global markets. A quick Google search will let you know which companies have regulatory oversight.

The ArbiSmart platform is fully EU licensed and regulated, guaranteeing ongoing oversight and protection against fraud and hacks. There is external auditing, strict ID verification protocols, bank-grade data security measures and an insurance fund covering all client capital, making it one of the safest ways of investing in cryptocurrencies.

In addition a thorough dig into comments on social sites such as Reddit, Telegram and Twitter will give you a clear sense of whether the company can be trusted to ensure the integrity of your account, grow your capital and give you instant direct access to your money. For example, ArbiSmart’s EU licensed crypto arbitrage platform and interest -bearing wallet have overwhelmingly positive reviews across all social media channels and we have a five star rating on the leading consumer review site TrustPilot.

Accountability is key and this should serve as your guide when checking out what clients have to say about the company. A major red flag is when clients complain that they were unable to reach a human being when they experienced technical difficulties, wanted assistance accessing their funds, or had any other questions or concerns. At ArbiSmart, one of the main reasons for our stellar online reputation is that our support team can be contacted personally via multiple channels around the clock.

How should you store your crypto profits?

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No guide for how to invest in cryptocurrencies would be complete without a discussion of crypto wallets.

There are cold wallets, where you have a physical device holding your private key. You are holding your own crypto and so long as you are keeping it securely stored somewhere like a safety deposit box, it is by far the most secure option as this type of wallet is not connected to the internet so it can’t be hacked. Then, there are hot wallets, which are connected to the web, and while the security is not as airtight, they are great for providing fast, convenient access to capital. Their main advantage of course is that unlike a cold wallet, a hot wallet can offer interest.

At ArbiSmart, our EU licensed, interest-bearing wallet for both fiat and crypto offers higher returns than any legitimate competitor and it allows you to earn a profit on your savings while you get on with your day. Instead of just letting your money sit idle, an ArbiSmart savings account will make you up to 45% interest a year depending on factors such as the account currency, deposit size and account type you choose.

In teaching you how to invest in cryptocurrencies our ultimate guide is aimed at reminding you to be safe and act smart. Choose a strategy that enables you to make great returns without incurring huge risks and only invest with a financial services provider that has a solid reputation and regulatory oversight. If you are a beginner, with little to no experience or simply don’t have time to dedicate to managing your investments then you will also want an automated system that does the work for you. Basically, when deciding how to invest in cryptocurrencies, there is no single answer, as your needs, expectations and skills will differ from those of another investor and your choice of investment platform will need to match your personal requirements. If you want to learn more about crypto investing in general, or crypto arbitrage in particular, check out our brief, informative guides on a range of crypto-related topics, by clicking here.