Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto

Promoting the globalization, adoption and understanding of cryptocurrencies, helping to encourage the undecided, motivating the skeptics, some reasons to become a crypto asset trader (Part I).

If we go back in the history of the origin of trade where exchanges were carried out through barter, there is no doubt that the cryptoactive business has just begun, this does not take away from the merit of being a market with a wide and accelerated growth. , which is rapidly leading cryptocurrencies to be one of the most popular investments in the world. In this series of articles, I'll outline why I think you should trade cryptocurrency and some of the best ways to trade it, but I'll also tell you about the risks you'll face if you decide to “hop on the investor bandwagon”.

Cryptocurrencies are digital or virtual assets that are designed, using cryptography, to function as a medium of exchange and their entity is electronic, differentiating them from the different fiduciary currencies of legal tender backed by governments and that their entity is physical. The characteristics of blockchain technology, the basis of these crypto assets, allow them to be secure, decentralized models without a central authority.

Although cryptocurrencies are still in their early stages and are susceptible to much speculation, there are many reasons to think of them as a short-, medium-, and long-term investment. Cryptocurrencies are not tied to any country, which means that they can be used to buy goods and services in any region, accentuating their global reach. Another important aspect is that since they are decentralized they are not subject to traditional banking regulations, government control or financial institutions, transactions are processed faster than fiat currencies, which makes them ideal for online commerce, being an alternative to overcome the effects of monetary inflation that affect so many countries today.

Some advantages of trading crypto assets

  • If you can find the right strategies and execute them with discipline, you can make a lot of money.
  • You can be your own boss and control your own destiny, there is no one you have to answer to.
  • Cryptocurrency trading is completely decentralized.
  • Since cryptocurrencies are anonymous, you can trade without having to reveal your identity.
  • You can trade from anywhere in the world.
  • Cryptocurrency trading is open 24/7.
  • In some countries you can trade cryptocurrencies without having to worry about taxes.
  • It can be a great way to become financially independent (Financial Freedom). With the right tools and strategies, you can make money trading cryptocurrencies even if you have no prior experience.
  • Trading cryptocurrencies can offer higher returns than many other investment options, its volatility can earn you astronomical investment returns (Although you can lose your money just as quickly).
  • Cryptocurrencies are generally safer than other investment options, this is because cryptocurrencies are not subject to the control of banks, governments, or financial institutions.
  • You can trade a variety of different cryptocurrencies giving you the opportunity to gain exposure to a wide range of opportunities and diversify your investments.
  • Greater flexibility in your investment plans, with facilities to operate at any time of the day or night.
  • Cryptocurrency trading is generally anonymous, allowing you to trade without fear of retaliation.
  • As cryptocurrencies are still in their early stages, they have a high probability of expansion and growth.
  • It is a potentially lucrative market with great profit potential.

Some Disadvantages of Trading Crypto Assets

  • Unlike stocks or other traditional investments, trading cryptocurrencies is a risky investment due to several factors: price volatility, lack of regulation, scams, etc., but they also have the potential for huge profits.
  • After all, what could be more exciting than making money trading digital currencies? Beware, when you first get interested in cryptocurrency trading you may be tempted to “dive headfirst” into investing without doing your research first, you could end up losing. much or all of your money.
  • When you buy cryptocurrency, you are not buying a security, you are buying a digital asset that is not backed by anything, which means you may not be able to sell your cryptocurrency holdings.
  • Cryptocurrency exchanges are not regulated by the same authorities as traditional stock exchanges and may not be as safe as these, in any eventuality you may not be able to protect, use or withdraw your cryptocurrency holdings.
  • As cryptocurrencies are not backed by any bank, government or institution they are illegal in many countries.

If I managed to motivate you (at least I hope so), remember that to be a cryptocurrency trader you have to be comfortable with risk, if you are not comfortable with risk you probably won't be successful as a trader, you have to be able to digest potential losses to make significant profits. You must know and understand the markets and different crypto assets well. Make sure you have a solid strategy and are able to stick to it. Study the history of each crypto asset you invest in, its price trends, and what potential it holds for the future. Have a plan of action for all your trades so you are less likely to get caught up in the hype, speculation and volatility that often surrounds these markets. Cryptocurrency trading although it is a high risk activity, it can also provide you with great returns, but if you do not trade with a proven strategy and discipline you can lose all your money by knowing what you are doing.

Tools, Platforms and Applications

Note: Related to the links, what is marked in parentheses are the invitation or referral codes that in some cases are necessary to receive the reward or bonus. The promotions offered by the different tools, applications and platforms tend to vary over time, I recommend that you do your own research.

Some of the best Hardware Wallet or Cold Wallet:  🔐💰 Remember that it is one of the few places where your cryptoassets will be truly secure. 

Some tools:

  • CoinMarketCap  (NELT6UUC) - The world's most recognized website for monitoring crypto asset prices with several very interesting sections (Indispensable tool for traders).
  • TradingView - Charting platform and social network (Indispensable tool for traders).

Some cryptocurrency exchanges (Uncensored):

  • StormGain  (BNS16466839) - Very useful especially for beginners because they can start without investment and without risking their own money. Upon registration you receive a bonus of ~3 USDT. The capital is acquired with the Bitcoin Cloud Miner. Go to the Bitcoin Cloud Miner section, click the green Activate button to get your first mining reward, repeat the operation every 4 hours, withdraw when you reach $10 (in BTC). The capital obtained in mining will be used only to invest in the platform, the profits obtained by the operations if they are withdrawable to the portfolio of your choice.
  • QuantFury (JRRU2593) - After registering, you receive free cryptocurrencies or a share of a company (such as American Airlines, Uber, Apple or directly Bitcoin or Ethereum) worth up to $250
  • CoinInn (2x9ygk) - Upon registration you receive a bonus between $500-$750, non-withdrawable, only for trading, valid for 6 days, profits are withdrawable to the portfolio of your choice.
  • KuCoin (rBPYVZS) | BingX (GHXOZE) | CoinEX (85eqt) | MoonXBT (z3v6ho) | BiBox (0FkIPQ) | PrimeXBT (526609) | BitYard (kZnnxp) - After registering on the platforms you begin to receive different types of bonuses.

“Everyone has their own forms of expression. I think we all have a lot to say, but finding ways to say it is more than half the battle" - Criss Jami (existentialist philosopher, poet, essayist, musician, singer, designer and lyricist).

"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth" - Marcus Aurelius (Roman Emperor).
"You will ask yourself: And if I take a risk and lose...? I will ask you: AND IF YOU RISK AND WIN? Success begins with thought, because sooner or later the man who wins is the one who believes he can do it. Do not be afraid of mistakes or failure, winners are not afraid of losing, losers are, in most cases the risk comes from not knowing what you are doing, so trust yourself, learn, be patient, manage your emotions and above all, enjoy the journey, what the wise man does at the beginning, the fool does at the end" - Anonymous.


Author's Note: The opinion expressed here is not investment advice, is provided for informational purposes only, and reflects the opinion of the author only. I do not promote, endorse or recommend any particular investment. Investments may not be right for everyone. Every investment in the market and every trade you make involves risk, so you should always do your own research before making any decision. I do not recommend investing money that you cannot afford to chair, as you could lose the entire amount invested.


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Trader, entrepreneur, freelancer, enthusiast and promoter of globalization, adoption and understanding of cryptocurrencies and new information and communication technologies (ICTs)

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“Everyone has their own forms of expression. I think we all have a lot to say, but finding ways to say it is more than half the battle." Criss Jami (existentialist philosopher, poet, essayist, musician, singer, designer and lyricist). | "Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth". Marcus Aurelius (Roman Emperor).

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