About Life Change
Cash investments and investments in cryptocurrencies are generally associated with risk. Life Change total loss of the capital employed cannot be ruled out. Use of the information on the media portal is at the user’s own risk. The content available in the media portal represents the personal opinion of the respective authors, is not subject to any quality control by Bitcoin-news.one, is not suitable as a basis for decision-making and is only for general discussion and information.
In particular, the content is not investment advice, buy or sell recommendations or assurances from Bitcoin-news.one with regard to further performance. In any case, before making a decision about an investment, the user should seek advice from a specialist provider that is appropriate for the investor. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford the high risk of losing your money.
Life Change Key Information
|Token Name||Life Change|
|Soft cap||500,000 USD|
|Hard cap||1,000,000 USD|
|Tokens for sale||375,000,000|
|Platform||Life Change Platform|
|Price in ICO||0.0900 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind Life Change
Buy cryptocurrencies directly on an exchange
Coins of a crypto currency can be purchased via a crypto exchange or crypto exchange. In this case, the desired euro amount is “exchanged” for digital coins. It must be clarified in advance whether the digital coins will then be stored on the wallet made available by the exchange (digital wallet) or transferred to an external wallet (hot or cold wallet).
In addition, it must be found out in advance whether the desired cryptocurrency is even offered for sale on the exchange. If it is mainly about Bitcoin or Ether, you will probably find these crypto currencies on every crypto exchange – with exotic crypto currencies, depending on the offer, it can mean that the preferred crypto currency cannot be found on the crypto exchange.
CFD crypto trading
Life Change this case, you don’t have any cryptocurrency coins. With CFD trading, ultimately only speculation is made with the price development. This means that the CFD trader opens a position in advance, with which he determines whether the price of the selected crypto currency will rise or fall. This is a very risky way of increasing wealth. This is mainly because the crypto market is very volatile.
Buy cryptocurrencies indirectly through stocks or funds
In this case, you invest in funds or acquire stocks that have to do with cryptocurrencies or the technology behind it, the blockchain. Life Change This is not a direct investment, but rising prices of cryptocurrencies or innovations in the field of blockchain technology can have an impact on stock corporations that work with it or are related to cryptocurrencies. Ideal for all those who believe in cryptocurrencies or the technology behind them, but do not want to take the high risk that a direct investment entails.
This is how buying cryptocurrencies on an online exchange works
Buying cryptocurrencies is not a great challenge, especially with eToro. The platform was designed in such a way that even beginners who have never bought coins of a cryptocurrency are not faced with unsolvable questions. The Life Change crypto exchange may be one of the best-known providers on the market. It should be noted here that this is not a classic crypto exchange, but broker services are also offered. Furthermore, eToro scores as a social trading platform. This means that in addition to purchasing cryptocurrencies, it is possible to trade the cryptocurrencies.
Advantages and disadvantages of buying cryptocurrencies
Due to the fact that the low or zero interest rate policy of the European Central Bank (ECB for short) will not come to an end in the foreseeable future, so that savings books, overnight deposits or fixed-term deposits have become absolutely useless products for increasing wealth, it is no surprise that more and more investors and savers are interested in alternatives. Because if you take inflation into account and compare this value with the currently available interest rates, it becomes clear that there is a real loss of monetary value if the savings are stored in a savings account.
Cryptocurrencies are decentralized – that is, there is no bank or government in the background that can influence the price. Life Change Furthermore, there are no or hardly any fees when using cryptocurrencies. The volatility is also another reason why large amounts can be achieved here, even with small sums – and within a very short time. Of course, volatility should not only be seen as an advantage, because the daily fluctuations can be a curse and a blessing at the same time.
Keep your cryptos in a wallet
After coins of a certain cryptocurrency have been bought, they are stored in the digital purse, the wallet. Life Change There are different options here that should be examined in advance. More information can be found in the article “Bitcoin Wallet Test & Comparison 2020 – The Best Crypto Wallets”. If you are convinced that the price will climb, it is important to answer the question of what price should be sold in advance. Anyone who pursues a long-term investment horizon, for example who only wants to sell Bitcoin at a price of 25.000 US dollars, needs particularly strong nerves, as it can go up and down again and again.