To Invest In Crypto or not to Invest?

Crypto assets have been gaining public awareness over the last decade and there are now millions of people and companies invested in. But is crypto investing a real opportunity? Is it a science or an art that everyone can learn? In this blog post, we will cover some basic information about investing in crypto assets and some information about how to keep your investments safe.

(Disclaimer: none of the information in this article should be treated as financial advice. We are not financial advisors and we only write this to give our opinion about the latest events in the crypto world.)

Okay, so you have decided to invest some of your hard earned money into crypto assets. This can certainly be a good idea, but you really need to do some research before deciding what crypto asset to buy or what crypto project to invest in.

There are now different ways of investing in the crypto world and this can be a little confusing at first. In the past, we could only invest in crypto, by simply buying a cryptocurrency and speculating, but now, there are NFTs, investment funds, LP investing, staking, lending options and more.

This is why it is very important that you do some research before deciding how you will be investing in the crypto world. Some of the options mentioned above are a lot riskier than others and might not be suitable for you. Some require more attention and work, while the traditional method is mostly about buying a crypto asset when the price is low and holding it until the price increases and you make a profit.

Whatever method you choose to get into crypto, make sure that you know a lot about that specific crypto asset that you are getting involved in. This includes information about its developers, information about the company, information about its investors, information about its community, information about tokenomics, the latest news and basically anything that you can find about that crypto asset.

There are many ways to get your hands on some crypto today. There are plenty of centralized exchanges and third parties that can sell you some crypto. There are also some decentralized exchanges like Osmois.zone and Emeris.com.

Some will be better for you, depending on your needs and the tokens or cryptocurrencies that you plan to invest in. Every exchange and third party that offers crypto, will have their own list of assets, so make sure that whatever crypto you are interested in, is actually listed and being sold at the platform of your choice.

Centralized exchanges are known for requiring more information for opening an account and holding funds with them, but they usually do offer more security and services than other systems. Decentralized exchanges are very easy to start with, as they do not ask for any personal information and you can start using them with a common crypto wallet. The main problem with decentralized exchange is that they are not regulated and that no authority will help users who are trading or purchasing crypto through these platforms.

Again, before choosing a platform or exchange to buy your cryptos, you need to do a lot of research and find the best option for you. All of them will have different purchasing options and all of them will have different requirements.

A good thing to remember though, is that you should always try to store your crypto in your own wallets. While it may be convenient to keep crypto assets in exchanges, it is now known that some platforms may hold your funds for no reason, they may disappear and you may lose all of your investments, So always try to purchase your crypto and get it into a personal wallet. This will ensure that you really own your assets and that you have them safely stored at all times. (Never share your wallet keys and seed phrases with anyone)

While Metamask, Keplr and Cosmostation are excellent wallets and they are safe to store your crypto assets in, it is always recommended to own a hard wallet, as these are even more secure and they are also extremely easy to use. There are several hard wallet options out there and you should also do your own research about them and choose the one that will adjust best to your personal needs and preferences.

Whatever method you choose to store your crypto assets in, remember that there are also many people out there who are constantly looking to take advantage of others, so be extremely wary about anyone contacting you and asking about your crypto assets. Professional teams and projects, will never contact you directly and they will never ask for your seed phrase or mnemonic phrase. As said before, never ever share this with anyone and always be extremely careful when dealing with your crypto assets, exchanges and crypt related platforms.

It seems like there is a new crypto to invest in every day. During 2021, we have seen plenty of new assets being launched and while some of these are good, there are many that have little to no potential.

Bitcoin and Ethereum will most likely continue to be some of the top cryptocurrencies to invest in during 2021 and beyond. Personally, I believe that most Cosmos based projects have huge potential and I think that these are one of the best crypto investment opportunities for 2021.

Some of these assets are Atom, Osmosis, Akash and Sentinel (DVPN). All of these have huge potential and they are backed by many investors and companies. Projects like Sentinel have even more potential, as they offer more than just a simple crypto asset. Sentinel (DVPN) will be offering a decentralized VPN for its users and since privacy is a very important part of our daily internet use, using a VPN will be essential to everyone.

“Sentinel (DVPN) is a global network of autonomous dVPN applications that enable private and censorship resistant internet access.” This basically means that Sentinel’s network is built by computers all over the world and that these are operated by individuals or single organizations and not only by a single company, like most of the standard VPN services out there.

Sentinel also offers transparent statistics of its actual usage, which guarantees reliable information and trustworthiness on their service. Besides the Sentinel network being a decentralized option for accessing the web via a VPN, they also offer different investment opportunities.

You can get started investing in DVPN, by simply purchasing their token and holding it. You can also stake it (or put it into a “savings account” inside your crypto wallet) so you earn daily interest based on the amount of tokens that you hold. You can also invest in bandwidth mining, which means that you will rent your unused internet bandwidth and earn DVPN tokens. There are different options for doing this last investment option and while some may be a little technical for some, Sentinel is working on a “plug and run” router, which will basically connect to your network like a normal router, but it will generate DVPN tokens based on your bandwidth and without any technical skills.

Osmosis DEX also offers different options for investing in Sentinel DVPN tokens and some of them are incredibly beneficial at the moment. The daily interest that you can earn there is a lot more than what you could earn by simply staking your DVPN inside your token, but this also comes at a higher risk and this is why it is always very important that you do your own research and make your decisions once you know exactly how everything works and with what you are comfortable getting yourself into.

It is always a good idea to diversify a bit when you are investing and this is no different when investing in crypto. You should also think about starting small and remember to only use capital that you are either okay with losing or keeping locked for a long period of time. Never invest more than you are willing to lose and never put your network at risk.

Investing is more than an art and a science. Investing is definitely something that everyone should be doing, but you should always do your own research and make decisions based on facts.

Related posts:

On a day when the New England Revolution did not even play they accomplished something that they hadn’t done since 2005. With a 0–0 draw between Nashville SC and NYCFC, the Revolution clinched the…

Our dog Syau lives in a small world of herself, Captain Argentina, me, and squirrels. She has almost no interest in any other living beings, particularly our cats Tango and Sébastien. Tango is…

Not because you didn’t see me, but because you didn’t wanna admit to yourself that I was your Dove, because, you weren’t ready. Why you let us break apart from the start, and why are you settling for…