Category: investment tips

How to Get Started with Bitcoin Investing

How to Get Started with Bitcoin Investing

How to Get Started with Bitcoin Investing – Today bitcoin investment has become one of the most popular investments and has a lot of interest spread throughout the world.

Investing in Bitcoin or other digital currency (cryptocurrency) is an interesting thing to do because it can provide very high returns in a short time.

However, how to buy Bitcoin and other cryptocurrencies? Here are tips to buy Bitcoin cs easily through crypto exchanges.

1. Find the right crypto exchange

The exchange is a place that brings together sellers and buyers of investment assets. Like exchanges in general, cryptocurrency exchanges act as a container for buying and selling cryptocurrencies.

Today there are countless cryptocurrency trading companies. However, only 13 are registered with the Commodity Futures Trading Supervisory Agency (Bappebti). They are PT Crypto Indonesia Berkat, PT Upbit Exchange Indonesia, PT Tiga Inti Utama, PT Indodax Nasional Indonesia, PT Pintu Kemana Saja, and PT Zipmex Exchange Indonesia.

Then there are PT Bursa Cripto Prima, PT Luno Indonesia LTD, PT Rekeningku Dotcom Indonesia, PT Indonesia Digital Exchange, PT Cipta Koin Digital, PT Trinity Investama Berkat, and PT Plutonext Digital Aset.

2. Compare each exchange

Before buying crypto assets, it’s good to pay attention to every condition that exists in each exchange. Usually there are several things that are different in each cryptocurrency trading platform, for example, what coins are being traded.

In addition, it is also important to pay attention to fees in transactions to the availability of customer service because each exchange has different rules.

3. Create an account

If you have found the right cryptocurrency exchange, the next thing that needs to be done is to create an account on that exchange.

In creating an account, you will usually need to verify your email address and identity. Like registering with a bank online. Therefore, it is necessary to prepare self-identification photos and cell phones with good internet networks.

Also Read:Investment Success Tips for Freelancers

4. Make a deposit

After the account is verified, the user / customer can deposit the funds they want to invest in cryptocurrency.

Funds deposited are in the form of fiat currency or currency that is used daily. This method of replenishing funds can be done via bank transfer, debit card, to credit card, depending on the services provided by each exchange.

5. It’s time to buy Bitcoin cs

After the funds have been transferred successfully, the next thing is to purchase the desired cryptocurrency. Usually, cryptocurrency exchanges allow small purchases, for example starting from just IDR 100,000.

The process of buying cryptocurrency using a digital exchange is not difficult, it is enough to click the buy button and fill in purchase data, such as the type of digital coin purchased to how much money you want to spend on that coin.

However, it should be noted, the movement of cryptocurrencies is very fast. Therefore it is advisable to be careful before buying, and it is better to make purchases when the price is low.

Investment Success Tips for Freelancers

Investment Success Tips for Freelancers

Investment Success Tips for Freelancers – For freelancers, this investment is also another way to get a steady income, with this everyone must have a financial planning strategy.

Financial planning should be done by anyone, no matter what type of job you are. If you are a professional, employee or businessman, we must have a financial planning strategy that is tailored to our income or income. But what if our income doesn’t stay like freelancers?

“This is a major problem for freelancers who find it difficult to achieve their financial goals. Therefore, start you who are freelancers planning finances from the start and must be able to allocate the money. Starting from financial allocation, emergency funds, protection and investment, “said financial planning, Rizqi Syam, in his written statement, Friday (19/2/2021).

Freelance workers, not only can they make a measurable financial plan, they can also keep investing to develop their financial condition. Here are tips for freelancers to keep investing.

1. Why is investing so important to freelancers?

There is a miracle in the world of investment that we can feel, namely coumpounding interest. If we want to accelerate our financial goals, Rizqi suggests that we should be able to open up more sources of income. Don’t just rely on one source of income.

“By investing it allows us to get income from investment results,” he said.

2. The allocation of freelance investment must be greater than that of permanent employees

Rizqi said that as a freelancer you should allocate a bigger income for investment compared to permanent employees. Why is that?

“As freelancers, we are required to allocate income, at least for the next 6 months, and this future income is outside of the emergency fund,” said Rizqi.

Many freelancers are struggling with their financial arrangements because they don’t have the future income they allocate. Every time you receive a payment for your work, it feels like money is abundant but if there is no allocation for investment it can be dangerous in the future.

“That’s because they don’t budget for their future income and this could backfire on us,” he said.

3. Determine your financial goals before investing

The thing that usually confuses someone when they want to start investing is determining the investment product. What products are suitable for other people may not be suitable for your financial goals. Each product’s financial goals will be different.

Make sure you have calculated in advance the value that is in accordance with the financial goals, inflation, timeframe, and the return that we hope to achieve.

“If we have found the answer, then we choose an instrument to diversify in order to minimize the risk,” said Rizqi.

Also Read:Investment Exchange Fraud Mode

4. Find out as many financial product questions as you can from independent advisers

If you already know your financial goals, find out as much as you can about financial and investment products. In order to be safe, you don’t choose the wrong choice, the key is to deepen the education of financial products.

Rizqi suggested that it is better to join a class organized by a financial planner or advisor. This is important so that you can get an independent opinion on financial products. Don’t ask about financial products only to the seller of the product, because every trader will always say that the goods are good.

5. Ask the following questions in order to choose an investment product that suits you

After getting to know various kinds of investment products and their benefits and risks, you can consider which product to invest in. Now is the time for you to match the product to your financial goals based on several measures.