The importance of owning cryptocurrency from a small amount
When you actually hold cryptocurrency, the reality of cryptocurrency becomes even more real and tangible.
As with other investments,by studying and gradually touching on the target investment, interest will grow, and you’ll steadily advance your study on how to manage it.
No matter how many seminars you attend or articles you read, unless you actually hold the currency and gradually manage it, you won’t feel the real sense of it or have motivation, wouldn’t you agree?
With investments, the goal is to earn profits, so in a sense you don’t need deep knowledge; you just need roughly the necessary knowledge, and as long as you can manage it well, that’s enough.
Crypto asset management can start with small amounts, and managing (holding cryptocurrencies) isn’t particularly difficult.
【Get Bitcoin at an Exchange】
To obtain Bitcoin,you open an account (account creation) at an exchange.This is where you trade with other individuals who hold Bitcoin and buy Bitcoin.
So at the exchange, you first deposit Japanese yen and then purchase Bitcoin.
Bitcoin itself is like a base currency of crypto, and essentially you can hold other cryptocurrencies starting from Bitcoin.
So initially you should hold Bitcoin.
As for exchanges of Bitcoin,recommended for beginnersis.
Other Japanese exchanges include Coincheck, Bitbank Trade, Zaif, etc., but BitFlyer has backing from major companies, is financially strong, and its trading interface is easy to understand, so it’s good to hold Bitcoin first.
One note: if you plan to manage large amounts of Bitcoin, after obtaining Bitcoin at the exchange, please create your own wallet and store it there.
Bitcoin is represented as BTC (currency unit) and fluctuates daily, and as of 2016 it was around 60,000 yen per 1 BTC.
The minimum trading unit is not 1 BTC but 0.00000001 BTC.
In other words, you can hold Bitcoin from just a few yen.
First, hold Bitcoin in an amount that won’t be a burden for you as a manager.
The minimum trading unit is listed by the exchange.
At BitFlyer, you can start with as little as 100 yen.
Even a small amount is fine, so please start by owning Bitcoin.
By holding Bitcoin from a small amount, daily price movements will gradually become familiar, and you’ll be able to respond smoothly when investment opportunities arise.
▼Recommended exchange for beginners, BitFlyer, here ▼
If you’re interested, please directly get involved in the world of cryptocurrency.
