Thursday, August 18, 2022
Contact
Buy Me a Coffee
Infomaatic
  • Home
  • Entertainment
  • Technology
  • Health & Fitness
  • Gear & Gadgets
  • Cool Things
No Result
View All Result
  • Home
  • Entertainment
  • Technology
  • Health & Fitness
  • Gear & Gadgets
  • Cool Things
No Result
View All Result
Infomaatic
No Result
View All Result
Home Business

Dan Schatt of Earnity on First-time Cryptocurrency Buyers

Patricia by Patricia
2022/07/29
in Business
555 5
0
379
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Cryptocurrency may have been the talk of the town for much of the recent years, but buying for the first time is anything but easy. If you are thinking of getting into crypto, there are some things you will need to consider, as noted by Dan Schatt of Earnity.

First, it is essential to remember that cryptocurrency is still relatively volatile. You should then ensure that you have financial safeguards in place. The pandemic has shown how crucial it is for everyone to have an emergency fund. Because of the financial hardships caused by the surrounding circumstances, some workers who had their income or livelihood affected have needed to use their savings or even take on debt. It is unwise to allocate more money than you can afford to buy cryptocurrency.

In addition, cryptocurrencies are not deemed legal tender in most cases. Because most governments do not recognize crypto as “real” currency, there are no consumer protections in place if things go wrong. Transacting with an unregulated exchange can also leave you vulnerable. If you experience theft or fraud, you have no legal recourse to retrieve what you have lost.

Buying a cryptocurrency requires learning the legitimate ones from the scams. With thousands of different types of cryptocurrencies in the market, it is not that easy to discern which are worth accessing. Due diligence and educating yourself are a must. It also helps to learn from crypto enthusiasts in authentic marketplaces, such as Earnity. Led by fintech veteran Dan Schatt, the community-based platform seeks to guide users in knowing what crypto to buy and sell.

Lastly, when purchasing cryptocurrency for the first time, it is acceptable to start small. It is easy to be swayed by crypto success stories you chance upon on the internet, but keep in mind that each individual’s crypto journey is different. Do not put in more money than you are comfortable losing; always be mindful of the risks involved.

Tags: Cryptocurrency Buyers

Related Posts

Success Tips for Entrepreneurs: How to Achieve Your Goals – Daniel Kilbanoff
Business

Success Tips for Entrepreneurs: How to Achieve Your Goals – Daniel Kilbanoff

by Admin
July 29, 2022
Entrepreneurial Success Through Crypto: A Guide by Earnity’s Dan Schatt
Business

Entrepreneurial Success Through Crypto: A Guide by Earnity’s Dan Schatt

by Admin
July 29, 2022
How to Hire Employees That Are a Good Fit for Your Business
Business

How to Hire Employees That Are a Good Fit for Your Business

by Admin
July 15, 2022
What Is Impact Investing?
Business

What Is Impact Investing?

by Admin
June 25, 2022
4 Small Business Owner Must Haves
Business

4 Small Business Owner Must Haves

by Admin
June 20, 2022
Next Post
Solar Energy: The Future Of Clean, Renewable Power – Paul Favret

Solar Energy: The Future Of Clean, Renewable Power - Paul Favret

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Post

  • How Could Light Yagami/Kira Have Won or Stayed Anonymous?

    How Could Light Yagami/Kira Have Won or Stayed Anonymous?

    3351 shares
    Share 1340 Tweet 838
  • You Might Choose To Use Preferred Layouts For Dynamic Display Ads If Your Client

    2118 shares
    Share 847 Tweet 530
  • KISSANIME – The Best KISSANIME Alternative Websites For Watching Anime Movies 2021

    920 shares
    Share 368 Tweet 230

Categories

  • Applications
  • Art & Culture
  • Business
  • Cool Things
  • Education
  • Entertainment
  • Fashion
  • Food
  • Gaming
  • Gear & Gadgets
  • Health & Fitness
  • Home Improvements
  • Internet
  • Law
  • Lifestyle
  • Miscellaneous
  • News
  • Real Estate
  • Sports
  • Technology
  • Travel
Infomaatic

Copyright © 2021 Infomaatic.com ❤

Navigate Site

  • About Us
  • Privacy Policy
  • Disclaimer
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Technology
  • Entertainment
  • Health & Fitness
  • Business
  • Cool Things
  • About Us
  • Contact Us

Copyright © 2021 Infomaatic.com ❤

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In