A look at Coinbase.

Want to make your money work for you? Consider investing in Crypto.

         Make your money work for you.

Ways to invest your money better.

Inflation. We all have to deal with it. High prices seem to eat at our paychecks, but did you know that you can make your money work for you? In this post, we are taking a look at Coinbase.

Before we begin, I want to make it clear that I am not a financial expert and that this is based on my own personal experience. This is strictly for entertainment purposes, so please do your research before you invest. It is highly recommended that you consult a financial advisor before considering any investments in any area. Now, having shared my disclaimer, Let me provide you with a few tips about Coinbase–

  • It is educational. They will train you about the basics of investing in Crypto. At times, they will have courses in which they pay you in Cryptocurrency for you to either make an initial investment or just cash it in US funds and enjoy your gains. I have made about $40 taking those courses.
  • Afraid to invest in Crypto? Heard some horror stories? You are not alone. Yes, Crypto can be a risky investment, and that’s why it pays to play it safe. Study all you can about Crypto. While you are learning about your future investments, why not consider investing in Stablecoins (USDC)? They have a 5% APY, and if you get their debit card, you can get cashback on your purchases. The best part is that if you have direct deposit, you can get your paycheck two days in advance. There are other programs in which you can get up to 10% APY but make sure you read carefully the terms and agreement before you invest. The good thing about Stablecoins is that it is like having money in the bank but under better rates of growth.
  • Avoid the temptation to gamble and invest wisely. At first, I would invest and get up to 100% return on some items only to lose some of my gains pursuing the volatile cryptos out there. Make sure you get familiar with the crypto you are investing in. Take a look at their website and white paper before you invest.
  • A good rule of thumb is to set a mark on some cryptos that are making some noticeable gains and never rush to invest in a crypto that is gaining 100% or more because you may wind up losing all your money. Remember, what comes up must come down, so take heed of any future correction within the market. What is a correction? It is when the crypto item reaches its peak, and then it starts going down.
  • A good crypto will speak for itself. Just because you see that it goes down doesn’t mean it’s done for. Sometimes, when a Crypto goes down, it is better to invest, so when it goes up in the next rally, you see more of a gain. All good cryptos have their seasons in which they will come back with some gains for the investor.
  • Consider investing for the long term. Cryptos like Bitcoin and Ethereum have the potential to do well in 2024 and beyond. Get familiar with the top ten cryptos and consider investing in the long run.
  • It doesn’t take a great amount of money to invest. Start with $10 per paycheck and build it up for your future.

So far, I have shared these steps so that you can better understand the ABCs of investing your hard-earned cash and make it work for you. I have enclosed my link for Coinbase. Give it a try and learn how to invest your money. Remember, money never sleeps. Think about your future and start investing. Thank you for reading my post, and God bless.

Try this free offer-https://coinbase.com/one?promo=CB16V6C323&referral

Helpful links—-https://www.youtube.com/watch?v=EApfcDAL9g8&ab_channel=MaxMaher

Author: angelsantosny

I am easy-going and I like a good laugh.