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So it is getting a bit hot in the cryptocurrency market. I have previously uploaded a video on how to invest in Bitcoin and since then a few weeks ago, Bitcoin has started to march much higher. This is all about the best cryptocurrency to invest 2020 and how to buy Bitcoin and how to buy Ethereum for those that have never done it before. I have a Webull link up above and they are now allowing us to buy crypto on their app.
When it comes to how to trade crypto and just altcoins in general, Webull is how I will be doing it going forward. There are tons of methods, but I like to keep my stocks together with the cryptocurrency. So when it is about how to trade cryptocurrency and other stocks, I think keeping it altogether is the way to go. The Yale article roughly stated that we should be keeping about 6% or more of our portfolios in cryptocurrency and I agree.
If you need to know how to trade Bitcoin and how to trade Ethereum, I would just use an app like Webull to make it easy like trading stocks. How I would invest 1000 into the cryptocurrency in 2020 would be with 5% in Bitcoin and 5% in Ethereum. There are plenty of books on trading Bitcoin for beginners that I think could help many investors out. It would explain how to trade Bitcoin for profit and how to move forward in that industry.
When it comes to how to invest in Ethereum and other coins, I really believe that all you will need is Ethereum and Bitcoin in the portfolio and you should be set moving forward. I like the opportunities that they give us in investing diversification. So when it comes to how to invest in cryptocurrency for all of us, we are ready to rock.
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#Cryptocurrency #Bitcoin #Ethereum