A Simplified way to Invest

There are many people each and every day that are becoming more and more interested in the Crypto Currency world. With global adoption and decentralization, bitcoin, and other altcoins are becoming very important in moving the world past it's current system of currency. One of the biggest issues that arises from these currencies is developing a plan that can be unique to each individual and is tailored to fit the style that you would like to pursue and develop overtime. This is a simple guide to investing in a way that can grow as you learn more about the market.

WhitePapers. The number one way to learn about the structures of the crypto world is to read the whitepapers of some of the more popular coins. This will give you a basis for the types of problems that are being dealt with in world with the help of these networks as well as the nomenclature that is popularly used within this space. Reading these different papers may seem like such a burden or heavy task that you don't have time for. That is why it is much easier to do this:

Text to Speech. If you feel that reading these texts is to time consuming then I would suggest copying the text and pasting it into any of one free text to speech engines. It makes the process so much easier when you are hearing something being explained rather than trying to decode some of the words and phrases located on these whitepaper.

Patience. Another important aspect of investing is deciding your level of patience. Are you and individual that can handle having money that you can't touch for years at a time? You have to decide what sort of time frame you can work within to keep your sanity. Most people buy a coin and become discouraged when it doesn't show 5x gains in a month. You have to be very patient if you want to increase your capital exponentially.
Diversification. Another one of the most important things you can do is Diversify. I would suggest holding 8-15 coins at a time. This includes all coins of all types that you own. Take into account that there will be different time frame goals for each coin that you hold depending on the type of investor you become. Regardless, you don't want to put all of your eggs in one basket but at the same time you don't want your profits spread thin.

Accumulate. Accumulating is one of the best ways to turn something that is undervalued into something worth a large chunk of money in the future. You want to find high value coins at low prices that you can flip for higher prices way down the line in the future. Buy low and sell high right? To some this concept seems to be lost. They get greedy and chases high and buy coins at a much higher price than they should be. This is why you want to accumulate these coins when you feel that they are almost at their cheapest price.
Stay Calm. Just stay calm! You'll be down a lot of money sometimes, and other times you'll be up in a big way. Just enjoy the ride and realize how lucky we all are to be participating in such an amazing opportunity. Don't put any money on the line that you don't need for bills and stay calm and patient. Enjoy yourself and don't panic. Make sure to do your own research and don't let others sway you to think in a way that your aren't comfortable with. There's no one right way to invest!