Need help to invest in Crypto currency

Open account with a broker/exchange …like wazirx/bitbns/coinswitchkuber,etc…do ur kyc, verify bank account, load money and make a purchase of any coin/token…. Simple.
U can take referral of exchanges if u want.

there was one dimer who was going to mine crypto?anyone remembers who was that?

I don’t know anything about cryptocurrency, how it works?, how much we need to invest initially? many more questions like that…

I hope this enthusiasm didn’t come from 1ooo₹ ka 2.4crore in 1 day news

if any good youtube video please provide the link

I recently started investing in “relatively risky” crypto and forex. For which I had to look into crypto and all that. At first I also was intimidated, but now got hang of it. I’m waiting till Monday just to be sure about what I’m doing as I started this Monday only though I was closely monitoring my friend for a month. I’ll try to write a detailed post when I get home tonight, maybe that post will help. .

1. First get familiar with Binance app. As it can serve a one stop location for lot of your needs. You can buy Crypto here. And just hold it or sell it as you wish.
2. Second if you like to trade on relatively unknown sites, where there’s no facility of wallet or bank transfer or you deem them unsafe. Then binance can be your safe wallet.
For trading on sites like these. You’ll have to buy Usdt on Binance then transfer these Usdt to wherever you want and after profit you can withdraw profits back to binance.

I know this is still confusing and bit vague I’ll try to right a detailed post about these forex trading as I’m still trying all the features of this app I need.
You can pm for referral of Binance though I don’t think there’s any great benefit.

Don’t invest above 5-10 k in first six months

Use binance or coindcx only
Dont go for coinswitch/wazirx or any other app
Reason- less charges, good customer support, stable selling rates

Hiiii

What about COINDCX app for cryptocurrency investment?

How much risky all this is ?

Let me know if anyone is looking for Vauld referral. It’s the best Indian exchange. Great customer support and no fuss. We can just buy USDT and earn 12% interest on it which is double than our traditional FDs and can liquidate it whenever we want without worrying much about our investment going down a lot

Coindcx withdrawals are pending from 3 days. Be cautious

I am mining crypto from 2018. Lost 5 lakh initially and later earned it back.
People invest in crypto with different goals. Tell me why do you want to invest in crypto, is it for long term or short term, what is your loss tolerance limit. Think carefully and let me know these points. Blindly following youtube or others guide/tips may land you in loss or you may even loose your investment. Many pump and dump groups are working over internet who take advantage of newbies to make maximum profit.
@sanjeev.nttdata1420 @kukdookoo

I literally don’t know anything about Crypto..
I just want to make money quickly as it looks like but for loss, I can’t tolerate more. I can bear a loss of 5k or 10k but not more.

Then why people are saying this is the future of currency if it is highly volatile, I have experience in the share market but as you said you will learn only when you have conceive loss… and some govt start thinking about this..I know one country had already made it as the national currency.

Yesterday installed Vauld and verified KYC, bank a/c and UPI.
Got virtual current bank a/c with ICICI in Vauld to load INR money. But unable to load INR in this virtual a/c, transaction keeps getting reversed when using UPI & bank transfer also failed.

Contacted cc they said they are in process of migrating virtual a/c from ICICI to Yesbank, this will take 1week time.

Anybody else facing this problem for new account or iam the lucky one.