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I have an account on kraken but what should I do now? (lemm.ee)

submitted 10 months ago by TheDuckPrince@lemm.ee to c/cryptocurrency@lemmy.ml

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Hi guys sorry for the noob thread I hope this will not trigger someone.

I want to start to invest in crypto just a little every month. But I don't want to trade a lot and I want medium risk maximum.

For one that want to start and study. Do you think to start first buying btc and eth in percentage? And only after a certain amount start to move on medium risk coin?

Another question: is there some YouTuber or blog that talk about crypto without any stupid fake news and promises to get rich?

Thanks a lot

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[–] shortwavesurfer@lemmy.zip 5 points 9 months ago

Absolutely not. An exchange should be treated like a public toilet. Go in, do your business, and gtfo. Otherwise you will be involved in the next FTX, Mt Gox, etc. Always always always hold your own keys. "Not your keys, not your coins"