If you already invest and want to move to the next level, a good option could be cryptocurrency. To make this practice easier, you can choose a cryptocurrency investing app, so you can track your investments on your cell phone.
In the last decades, many investments were created, in Brazil and in the world. An example of a Brazilian investment is the direct treasury, which is a safe way to start in the investment world, it guarantees a good return, although it takes time.
An example of investment that happens around the world is cryptocurrencies. They are digital currencies that do not exist in physical form and do not belong to any country. Its values are high, so it is considered an investment for those who already know a little about the area.
How do I prepare to invest?
The world of investments is a safe and legal way to earn money. You invest a portion of what you have to redeem later, depending on the conditions of the chosen investment. This, however, must be done with care and study.
It is not necessary to have a university degree in economics or a similar area, but when you choose to use your money in investments, it is necessary to seek knowledge. There are several channels on youtube, for example, that work seriously to teach you.
Keep in mind that to invest you must organize yourself and you cannot invest everything you have. This leads many people into dire financial straits and even bankruptcy. Therefore, the first step to investing is to plan.
Tips to start investing
Check out some tips from the Decorama website that you cannot forget if you want to start in the world of investments:
- Never invest your entire salary, that's dangerous;
- Make a financial budget and analyze all your expenses, including fixed expenses and those with less frequency, just so you can know if you have money to invest;
- Have an emergency fund if the investment you choose doesn't have a short-term bailout. Many investments have terms of months and you will not be able to withdraw the money in a few hours or days without losing part of the value;
- Always track your profit, that's where an application to invest in cryptocurrencies or any other investment comes in, it makes the task of tracking data much simpler;
- At the end of your analysis, see if you can reduce or cut expenses in some areas, for example; if you have many streaming platforms. This can make a difference over the months.
How do cryptocurrencies work anyway?
Cryptocurrencies are fully digital, they are not made by any government or country, like the real in Brazil, for example. One of the main differentials of cryptocurrencies, in addition to being digital, is that no intermediary is needed.
They work under a code that cannot be changed and transactions are encrypted. As there is no government that monitors these transactions, they are registered and validated by people using the blockchain.
The blockchain is like a transaction log. He is one public database which has the history of all operations carried out with Bitcoin and with other cryptocurrencies that are based on the same technology.
Digital currencies are increasingly valued. On October 20, 2021, Bitcoin, the most popular cryptocurrency, hit an incredible record of $66,000. If you want to start investing and keep up with this world, follow our list and choose your favorite app to invest in cryptocurrencies:
Binance:
One of the most popular in the category, this cryptocurrency investing app it has more than 10 million downloads and a 4.5 star rating on the Google Play Store platform.
It is a great app for beginners in the world of cryptocurrencies, it has Lite mode for beginners and Pro mode for those who are already used to it.
The app has more than 200 cryptocurrencies for you to choose which one to invest in, such as Bitcoin, Ethereum, Link, Cardano, Binance Coin, Litecoin and many others. You can also find it for download for iOS.
Bitso:
This application to invest in cryptocurrencies allows you to buy bitcoin from R$25.00. On pp you can buy and sell bitcoin and other cryptocurrencies.
To register, a series of data is required, as the system must be safe for both those who buy and those who sell.
With it you:
- Check the price of bitcoin and other cryptocurrencies in real time;
- Deposit the amount in reais instantly directly from your bank account;
- Send money anywhere in the world using your cryptocurrencies.
This app is available for Android on the Google Play store and also on the App Store. It has over 1 million downloads and a 4.4 star rating.
Official Bitcoin Market:
The application to invest in cryptocurrencies Mercado Bitcoin has more than 1 million downloads and a 4.6 star rating on the Play Store. The company was named one of the 25 most trusted exchanges in the world in 2020.
In it you have a complete overview of your cryptocurrency negotiations, in addition to the balance in reais in a simple way.
The app doesn't take up much space on your phone as its size is less than 15 MB. You can download to an Android or iOS device.
Application considerations for investing in cryptocurrencies
If you already know a little about the investment world and are looking to level up and make bigger gains, cryptocurrency can be a good option. Therefore get the app to invest in cryptocurrencies that you like the most and study about it.
To see more posts visit the Applications category on the Decorama website.
There you will find articles about the pet apps, the best amazon apps, how to have your driver's license on your cell phone, channels to study for the enem, app to scan documents and many more.