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How to BUY, SELL Bitcoin, Ethereum, Litecoin, Ripple, Dash - Start to Trade and Invest in Cryptocurrencies

Cryptocurrency Trading and Investment is a very hot trending around the world for recent years. Even in our poor countryside, many many people talking about "How much Bitcoin today?"
In this article, I will guide you some basic information about Cryptocurrency investment, how to buy and sell a cryptocurrency such as  Bitcoin, Ethereum, Litecoin, Ripple, Dash... It is quite easy!
How to BUY, SELL Bitcoin, Ethereum, Litecoin, Ripple, Dash - Start to Trade and Invest in Cryptocurrencies

How to BUY, SELL Bitcoin, Ethereum, Litecoin, Ripple, Dash and other cryptocurrencies.

1. What is Bitcoin? What is Cryptocurrency?

What is Cryptocurrency? A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
What is Bitcoin? Bitcoin is the first decentralized cryptocurrency launched in 2009 by an individual or group known under the pseudonym Satoshi Nakamoto. As of December 2017, there were over 16.8 million bitcoins in circulation with a total market value of $240 billion. Bitcoin uses decentralized control as opposed to centralized electronic money/central banking systems. The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger.

2. Start to Trade and Invest in Cryptocurrencies

There are 2 options for who want to start to invest or trade Cryptocurrency:
- Amateur InvestorsFor those do not consider this as a profession (job), they just want to buy some bitcoin or other cryptocurrencies to get a huge profit in the future. They do not care about Cryptocurrency Exchange, technical analysis, price model, chart, indicator... 
- Professional Investors: Seriously consider Cryptocurrency trading/ investment as a job (most of them are currently working in Forex trading or Stock investment). They may have some experiences in financial investment and they have ability of technical analysis, understanding price model, chart, indicator...  fundamental analysis,

3. Amateur Investors: Easy way to Buy, Sell Cryptocurrency

To start to buy and sell Cryptocurrency you will need:
1) "Real" money (USD, EUR...): Some Exchanges allow you deposit and withdraw your money directly from/to your bank account - bank transfer, or your VISA/MasterCard. But the fees are usually very high. I suggest using an e-wallet, such as Perfect Money (PM)
2) Wallets to store Cryptocurrency: Coinbase, Blockchain, hardware wallet or software wallet (install on your computer)
- Coinbase can be used to store Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC)
- Blockchain only support BTC, ETH and BCH
- Hardware wallet (such as Ledger Nano S, Keep, Key Trezor): Each device can store 5- 20 coins, and it costs about $100 to $300.
- Software wallet: Each Cryptocurrency provides a software (wallet) that we can easily send, receive and store our money. Just download then install it on our computer to get started.
Easy way to Buy and Sell Cryptocurrency with Perfect Money:
- Go to changer.com
- On the left side (SEND): Select Perfect Money, on the right side (RECEIVE) select Cryptocurrency you want to buy.
- Input your desired amount then click Exchange
Easy way to Buy and Sell Cryptocurrency with Perfect Money
- After you send Perfect Money to the given account, you will get your Cryptocurrency in your wallet that you input. It will be done automatically!

4. Professional Investors: Compare and review the best Cryptocurrency Exchange

There are so many Cryptocurrency Exchange in the world, each Exchange has its own advantages and disadvantages. Below are the best Cryptocurrency Exchange you should consider:
- Bittrex (High Recommended): The Number One Cryptocurrency Exchange (U.S). They support many altcoins. They have all the best features except the transaction fee. It is very very high (0.25%)
Binance (High Recommended): The most fastest growing up Cryptocurrency Exchange, Its biggest advantage is the very low transaction fee (only 0.1%), all other features are OK.
- Poloniex: One of the most Cryptocurrency Exchange, but recent time, they got many bad reviews about their support experiences, some said that Poloniex tried to steal their money. Poloniex has only one highlight that they support margin trading (x2.5)
- Cryptopia (Recommended): Small Exchange that supports many many small altcoins. The transaction fee is 0.2% => People who invest in ICO projects should use Cryptopia because these coins are usually listed on this Exchange firstly.
- Bitfinex: This is a Hong Kong Cryptocurrency Exchange. They support USD as the based currency (Bittrex, Poloniex, Binance, Cryptopia does not support USD. Instead we have to use USDT/ Tether there). Bifinex allow us to deposit/withdraw money via bank transfer (fee $50).
There are many many other Cryptocurrency Exchange, such as WEX, Okex, Houpro, Bitmex, Kraken, BitFlyer, Yobit, CEX... But personally, I think 4 above Exchanges are enough.
Do remember that "Do not put all your eggs in one basket". I put 50% my money on Bittrex, 30% on Binance and 20% on Cryptopia.
Cheers!

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