In this video, I’ll teach you everything you need to know to get started with investing in cryptocurrencies in 2024 and beyond as a total beginner. This is a full-length, 100% free beginner’s guide that will take you step-by-step through investing your first $100. By the end of this video, you’ll know EXACTLY how to get started, and how to make money investing in crypto.
Be sure to watch the entire video as I’ll walk you through a ton of valuable information about investing in crypto as a beginner. There are many different metrics and things that you need to consider before you can make an informed choice about which cryptocurrencies to invest in. This video is designed to teach anyone interested in crypto investing, whether you’re just starting or looking to expand your knowledge.
If you want to learn more about investing, check out my other videos!
Note – I may have an interest in these companies. My recommendations are just a suggestion to do further research – I encourage you to do your own research about each company and make a decision for yourself, whether or not you want to invest in that particular company. This video should not be considered financial advice. Do NOT buy a stock just because it was on this video.
Thank you so much for watching, and happy investing!
– Charlie
#Cryptocurrency #HowToInvest #Crypto
Timeline:
0:00 – Intro
0:59 – Overview
1:50 – My Investing Experience
2:08 – What Is Cryptocurrency?
2:54 – The Blockchain
4:07 – How Does The Blockchain Work?
4:55 – Crypto Mining
6:01 – Risks of Crypto Mining
7:17 – Types of Cryptocurrencies
8:04 – What To Consider Before Investing In Crypto
10:07 – The Risks of Investing In Crypto
11:47 – Crypto Wallets
12:45 – Types of Crypto Wallets
13:53 – Platforms For Investing in Crypto
14:44 – Coinbase QR Code
15:02 – How To Buy Crypto With Coinbase
19:37 – Due Diligence
20:32 – Valuation Metrics
22:43 – Qualitative Indicators
25:00 – Using CoinMarketCap To Analyze Cryptocurrencies
27:47 – Reading Whitepaper
29:30 – Crypto Market Resources
30:09 – Tokens & IPOs
32:09 – Words of Caution
33:02 – What We Can Learn From The Luna Crash
33:39 – Rug Pulls
34:17 – Hard & Soft Pulls
35:20 – Index Funds To Consider
36:14 – Taxes
37:55 – How Much Should You Invest?
39:43 – Actionable Steps To Take Now
40:42 – Conclusion
In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions