3 Essential Crypto Habits for Beginners! 🚀💰
Title: The Ultimate Beginner’s Guide to Daily Crypto Investing Habits for Success
Introduction:
Investing in cryptocurrency can be both exciting and overwhelming, especially for newer investors. However, by taking a few simple daily actions, you can gradually build habits that will help you navigate the crypto market with confidence. In this comprehensive guide, we will explore three key daily habits that can transform you into a successful crypto investor.
Daily Action 1: Stay Up to Date on Daily News
To make informed investment decisions, it’s crucial to stay updated on the latest news and developments in the crypto world. While the abundance of information can be overwhelming, there are two go-to sources that can help you cut through the noise: Google News and Twitter.
Google News: By signing in to Google News and customizing your preferences, you can curate a news feed that shows only the most relevant and interesting stories related to crypto. Spend a few minutes each day scrolling through the news feed to stay informed.
Twitter: Create a Twitter account and follow relevant accounts in the crypto space, including crypto projects you are invested in or interested in. Twitter provides real-time updates on crypto news, making it an invaluable source for staying up to date with the latest developments.
Daily Action 2: Monitor Investments Efficiently
Keeping track of your crypto investments can be time-consuming and overwhelming, especially if you have holdings across multiple platforms. To simplify this process, consider using a portfolio tracker like CoinGecko.
CoinGecko: Sign up for a free account on CoinGecko and add your crypto holdings to the portfolio tracker. This will allow you to monitor all your investments in one place, including their current value, profit/loss, and transaction history. Set up price alerts to stay informed about market movements.
By organizing your investments on CoinGecko, you can efficiently monitor your portfolio one to three times a day, saving time and energy.
Daily Action 3: Stick to an Investment Strategy
Having a clear investment strategy is crucial for long-term success in crypto investing. Determine an investment strategy that aligns with your personal and financial situation, and stick to it consistently.
Dollar-Cost Averaging (DCA): Consider adopting the DCA strategy, where you invest a fixed amount of funds at regular intervals, regardless of the crypto’s price. This strategy helps reduce exposure to price volatility and allows for consistent investing over time.
Profit-Taking: Decide on a plan for when to sell your investments and take profits. Set price targets or milestones at which you will sell a portion or all of your position. Use CoinGecko’s price alerts to know when it’s time to execute your profit-taking strategy.
Consult with an accountant or CPA who specializes in cryptocurrency taxes to ensure compliance with tax regulations and use crypto-specific tax management software like Coin Ledger to simplify the tax reporting process.
Conclusion:
By incorporating these three daily actions into your routine, you can develop habits that will help you navigate the crypto market with confidence and success. Stay informed with daily news updates, monitor your investments efficiently using portfolio trackers, and stick to a well-defined investment strategy. Remember, consistency and patience are key to long-term success in crypto investing.
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CHAPTERS 💬 (Watch to the end!)
00:00 – 3 Daily Actions for Crypto Success
01:40 – Daily Action 1
02:10 – My News Curation Strategy
02:30 – Go-To News Source 1
04:40 – Go-To News Source 2
06:45 – Daily Action 2
07:20 – Step-by-Step Portfolio Setup
10:22 – Daily Action 3
11:30 – Best Investment Strategy?
12:05 – Strategy that Works Longterm
13:00 – ONLY Way Crypto Changes Lives
14:45 – Crypto Profits & Taxes
16:15 – My Crypto Expert CPA
16:40 – Ultimate Profit-Taking Guide
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“3 DAILY ACTIONS FOR SUCCESS?!” 👨👩👦👦 CRYPTO FOR BEGINNERS?! 📝
Hello, fam! Crypto Casey, here 👋 and I'm on a mission to improve people’s lives through #crypto education. In this important video, we explore 3 simple daily actions we can all start taking today in order to experience longterm success in crypto investing, as well as become confident crypto investors… Let’s jump in!
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TOPICS: crypto for beginners, cryptocurrency for beginners, how to master crypto, learning about crypto, crypto learning curve,
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DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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❤ Be safe out there.
—Crypto Casey
Casey you are a badass 😉
In Spanish we yell:”otra, otra… “ when we want the singer to sing another song. Your videos have the same effect, I always wish for another. Thanks Casey for this well prepared information. 🙏
Thank you sooooo much. I've been looking for your kind so long
Casey, how safe is it to put all the coins I hold on Coin Gecko? Isn't this an invitation for scams & phishing ?
❤❤❤ The only thing hotter than Casey in the digital space is BTC – but not by much! ❤❤❤
Thank you 🎉
Honestly, i'm investing my time and money into crypto now because this new price is a clear sign for new investors to come in…….
I'm from England where i work as a journalist until i met Expert Mrs Amanda K, Mrs Amanda K is legit and her method works like magic. I keep earning every single week with her new strategy
Speaking from experience in the crypto world i don't think as a trader it would be easy for you to predict the market currently, only an expert with several years of experience could help you grow your portfolio currently. After the last year crash i had to result to the help of an advisor.
The reason many people venture into Trading/lnvesting (Financial Market), is so that they can get to have a better life, while working and even after retirement. The wisest thing that should be on every wise individual's list is to invest in different stream of income; I am earning more this year because I have been investing while working at the same time. I Invested through Steven Dunn , same man that an anchor kept mentioning on CNBC, he is licensed and made multiple of my start up capital within three months.
Great video. I’ve watched several youtube videos on how to trade in the market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
So upon recommendation I made a Twitter less than an hour ago. My account has been needing to be authorized three times and locked out already. I can't tweet anything. After adding the parody Elon Musk account it made me verify twice! This is why I didn't go on Twitter they're management is insane.
Perhaps you could make a video explaining why someone should even bother "investing" into crypto when it's already this high. Especially when thing are tuff. Crypto has already become something that only the wealthy can use to grow more wealth. Thats all.
Thank you Casey for the info..guide❤️🌹🌺
Some people prefer to spend money on liabilities, Rather than investing in assets and be very profitable.
Yes I would love to receive daily/weekly crypto news
May I send you a personal email?
Good guide to learn from. As a sleuth in the digital realm, I follow trails of information meticulously. Amid the labyrinth of Google, I discerned faint imprints of a refined trading strategy. Tripple Capital, though shrouded in secrecy, appeared to be the architect of my online discoveries, transforming information into actionable investment plans.
I lost over $70K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly. Thanks so much Agatha