5 cryptocurrencies that you should have on your watch list as a beginner.
These are the cryptocurrencies to consider when you are short on cash. Trust I was there and my first investment was around $ 100 when I first bought Bitcoin a few years ago.
Nowadays, not everyone can afford to buy a full Bitcoin, Ethereum, or any other cryptocurrency because their prices have increased.
This year, many new people have joined and are buying cryptocurrencies on either Coinbase, Robinhood, PayPal and other exchanges. There are hundreds of cryptocurrency exchanges to buy crypto available today.
For this I use Coinbase, which is easy to use. You can use Coinbase Pro for lower fees. Both options are good choices to get started.
The cryptos I recommend are cryptocurrencies that I also own. These are not intended to be day trading to make quick money in a day or two.
I am not trading during the day for two reasons.
1. In the US, taxes are usually higher than if you held your cryptocurrencies for less than a year.
2. Day trading requires a lot more time for you to review charts, keep track of price fluctuations and keep track of your cryptos.
Investing means you can put in a little more hand and not have to spend a lot of time after buying your cryptocurrencies. This doesn’t mean you have to completely ignore the market, but you don’t have to focus on price movements minute by minute.
If you only have $ 500, these are the five cryptocurrencies you should buy:
- Chain link
- Sushi swap
These are the best cryptos to consider right now that are available on the Coinbase platform.