1 00:00:00,360 --> 00:00:07,830 OK so now you have learnt what you should not do when you start researching and buying cryptocurrency. 2 00:00:07,900 --> 00:00:16,230 Next you will learn better step by state strategy of finding the best crypto currencies for profits. 3 00:00:16,230 --> 00:00:22,680 You can go through the sections once and then again and again to recap so you will get all the information 4 00:00:23,490 --> 00:00:30,390 this information about you will learn next can be worth thousands tens of thousands or even hundreds 5 00:00:30,390 --> 00:00:33,860 of thousands of dollars in the future in your life. 6 00:00:34,640 --> 00:00:36,760 So that's why you should listen carefully. 7 00:00:37,210 --> 00:00:43,900 So the first you should decide your goals and I don't mean that writing down goal I won't make more 8 00:00:43,900 --> 00:00:44,500 money. 9 00:00:44,500 --> 00:00:45,870 That's of course the goal. 10 00:00:46,120 --> 00:00:50,230 But I have four questions to help you define your goals. 11 00:00:50,230 --> 00:00:55,110 Do you want higher risk high reward or low risk role low reward. 12 00:00:55,120 --> 00:01:03,260 Because there are Queensferry can make 10000 time profits but usually there is also a higher risk. 13 00:01:03,580 --> 00:01:08,910 Then there are low risk but they are also lower reward like the biggest ones. 14 00:01:08,920 --> 00:01:13,570 People already see how seeing the potential in a harem and Bitcoin. 15 00:01:13,960 --> 00:01:20,110 So the risk is less that can be a little bit lower but the reward of the arahant can be a little bit 16 00:01:20,110 --> 00:01:21,310 lower as well. 17 00:01:21,310 --> 00:01:27,020 So what does your risk reward level define this one. 18 00:01:27,310 --> 00:01:29,200 How long are you planning to invest. 19 00:01:29,200 --> 00:01:37,150 Are you planning to invest only for one year by turning it in with two years five years 10 years or 20 00:01:37,150 --> 00:01:42,180 until you will retire until you make one million or 10 million. 21 00:01:42,190 --> 00:01:43,930 What this your goal 22 00:01:46,970 --> 00:01:53,380 and are you going to do day trading or are you going to hold for long term. 23 00:01:54,130 --> 00:02:00,410 Are you going to be every day in front of your computer buying selling buying selling trading coins 24 00:02:00,770 --> 00:02:05,980 or are you going to make a research by this one and hold it for two years. 25 00:02:06,020 --> 00:02:07,250 That's it. 26 00:02:07,250 --> 00:02:11,030 And how much time do you spend for trading. 27 00:02:11,030 --> 00:02:18,080 Are you going to spend eight hours per day full time working or just as little time as possible. 28 00:02:18,160 --> 00:02:19,860 Is research the best one. 29 00:02:20,000 --> 00:02:21,710 And then you go for it. 30 00:02:21,770 --> 00:02:28,720 It's very important that you define your goals so you can shoot for that one. 31 00:02:28,820 --> 00:02:32,990 Because if you don't have a goal it's very hard to hit a target. 32 00:02:32,990 --> 00:02:37,880 So now how do you research potential coins. 33 00:02:38,210 --> 00:02:44,610 As I said there are 1500 cryptocurrency is how do you find the best ones. 34 00:02:44,620 --> 00:02:53,510 And now I'm going to give you four simple steps what you can do for finding potential cryptocurrency 35 00:02:53,570 --> 00:02:59,490 is first go to forums and see what people are talking about. 36 00:02:59,650 --> 00:03:07,840 I just said that you should not by using this strategy but you can do what I showed you before ask Hey 37 00:03:07,840 --> 00:03:12,170 I have $10000 where should I invest in and see what people are saying. 38 00:03:12,180 --> 00:03:13,160 You see people at work. 39 00:03:13,180 --> 00:03:17,160 People are talking about what are the hot cryptocurrency at the moment. 40 00:03:17,200 --> 00:03:23,800 We get some kind of idea but yet don't do your investment just get a little bit of idea what people 41 00:03:23,800 --> 00:03:24,820 are talking about. 42 00:03:27,130 --> 00:03:31,030 Then you can check out the biggest coins or coin market cap that's come. 43 00:03:31,030 --> 00:03:32,480 Let me show you. 44 00:03:32,560 --> 00:03:40,440 So we are now here on coin market cap dot com and it's one of the most popular cryptocurrency websites 45 00:03:40,480 --> 00:03:42,160 in the world. 46 00:03:42,160 --> 00:03:47,050 They have listed pretty much all crypto currencies in the world. 47 00:03:47,230 --> 00:03:51,380 You can see so much information about them. 48 00:03:51,540 --> 00:03:54,440 You can find what are the biggest ones here. 49 00:03:54,550 --> 00:04:01,470 Their market cap well is the price of its cryptocurrency how much people are trading it. 50 00:04:01,680 --> 00:04:04,180 Well it's a circulating supply. 51 00:04:04,180 --> 00:04:08,850 How much it has changed during the last 24 hours. 52 00:04:09,010 --> 00:04:13,220 And what does the price graph for the last seven days. 53 00:04:13,240 --> 00:04:24,130 Then you can also search for other crypto currencies here for example bit decree to show you the currency. 54 00:04:24,210 --> 00:04:25,740 You can click with the. 55 00:04:26,070 --> 00:04:31,590 You can open it for example or another window to take a closer look at it. 56 00:04:31,610 --> 00:04:39,860 It does show you the chart how the market price has been changing where it can buy market so sell everything. 57 00:04:39,870 --> 00:04:46,470 Let me show you also the ripple the cryptocurrency where I have invested heavily on here the market 58 00:04:46,470 --> 00:04:55,580 cap was you circulating supply total supply and when you scroll down it shows you for example I have 59 00:04:55,580 --> 00:04:57,760 clicked here Ripl markets. 60 00:04:57,800 --> 00:05:01,440 It shows you where you can buy Ripl coins. 61 00:05:01,620 --> 00:05:10,030 Then if you click sold sell it will show you their social media communities. 62 00:05:10,030 --> 00:05:15,080 For example Twitter Reddit and other ones. 63 00:05:15,520 --> 00:05:21,890 And here we can pretty much research its going and make some kind of basic research. 64 00:05:22,210 --> 00:05:25,680 So I recommend taking out the coin market cap. 65 00:05:25,810 --> 00:05:30,520 There will be lots of these acts on the site so don't care too much about them. 66 00:05:30,550 --> 00:05:33,700 You can do your own research here. 67 00:05:33,700 --> 00:05:42,520 Then one good idea to start your research is look for articles and videos like top10 cryptocurrency 68 00:05:42,640 --> 00:05:44,950 for 2018. 69 00:05:45,970 --> 00:05:47,560 Let me show you. 70 00:05:47,710 --> 00:05:56,320 You go for example to Google and you search for articles top10 cryptocurrency told 2008 that the best 71 00:05:56,350 --> 00:06:03,430 cryptocurrency is you will also see what people are talking about that are too hot once you also search 72 00:06:03,430 --> 00:06:11,250 so new to where they are to top cryptocurrency is for 2018 with the most potential will you. 73 00:06:11,260 --> 00:06:15,820 What's a few readers who read a few articles to see what people are talking about and you will get some 74 00:06:15,880 --> 00:06:17,560 kind of idea. 75 00:06:17,800 --> 00:06:24,610 What other interesting ones will there like little bit shady not so good ones and it will start getting 76 00:06:24,610 --> 00:06:27,530 the idea of how these things work. 77 00:06:27,550 --> 00:06:33,970 Of course you need to pay attention that when some of this video Superpole our people are already talking 78 00:06:33,970 --> 00:06:34,730 about it. 79 00:06:34,900 --> 00:06:43,420 So the price may be higher then I of course recommend to following your online revenue that come with 80 00:06:43,600 --> 00:06:51,090 my website where I publish lots of cryptocurrency articles and reviews Ceric and take a look. 81 00:06:51,250 --> 00:06:58,180 For example the recent article is in the a scam or Legget by Nunn's review. 82 00:06:58,200 --> 00:07:04,160 Q. coin review its quantum or go to investors who are behind the protest. 83 00:07:05,000 --> 00:07:06,470 What these words does. 84 00:07:06,470 --> 00:07:09,020 Words have a future or will it fall is thrown. 85 00:07:09,020 --> 00:07:10,450 A good investment. 86 00:07:10,550 --> 00:07:18,200 Five interesting facts to consider then if you search on google my website is usually on the top is 87 00:07:18,200 --> 00:07:20,910 Ripl worth buying your online revenue. 88 00:07:20,920 --> 00:07:29,090 These are the top if you search for example is strong a good investment here a lot of revenue is the 89 00:07:29,090 --> 00:07:35,710 first result if you search also write books are a good investment. 90 00:07:35,710 --> 00:07:39,720 My article and my will are the first two as well. 91 00:07:39,760 --> 00:07:46,200 So youre on Letterman or does that come as one of the leaders in the cryptocurrency research. 92 00:07:46,240 --> 00:07:52,210 So thats why I highly recommend that you go to my website or on Letterman or other come to read for 93 00:07:52,210 --> 00:07:55,180 articles to subscribe to email lists here. 94 00:07:55,360 --> 00:08:03,380 I will learn lots of new information for completely free about cryptocurrency is making money online. 95 00:08:03,520 --> 00:08:08,500 So after you have gone through all these four steps this is the end result. 96 00:08:08,500 --> 00:08:13,300 You pick a few interesting coins and start researching them more in detail. 97 00:08:13,300 --> 00:08:14,890 For example write them down. 98 00:08:15,130 --> 00:08:21,070 Cardinal Ribe blocks cook coins searched Biden's coin and Ripl write them down. 99 00:08:21,310 --> 00:08:25,800 And then we start searching more in detail. 100 00:08:25,840 --> 00:08:31,840 Each of these coins and I will show you the strategy that you can step by step strategy what you can 101 00:08:31,840 --> 00:08:38,630 use for researching any of these coins or any of the 1500 coins. 102 00:08:38,950 --> 00:08:41,890 So we will see you in the next lesson.