OK.
Now let's talk about the whole process of trading crypto currencies.
The first step is to use your local money to purchase some standard crypto currencies such as Bitcoin
at theorie him Teather and Bitcoin cash you can buy these coins on Coinbase BitStamp Gemini or local
Bitcoins dotcom these crypto currencies are the most popular at the time I made this video.
They're the most liquid on the market right now and I think many standard crypto currencies will be
added to the list in the future.
And the thing is if you want to buy all coins you may use these crypto currencies.
Some old coins are not popular yet so there's no way to buy them with your local money.
After buying some standard crypto currencies such as Bitcoin you can use bitcoin to exchange for all
coins you can use some exchanges like finance tracks or coin exchange.
There are currently over 1000 different new crypto currencies and this number is increasing every single
day.
So this simply means that there will be more and more opportunities for you to make a fortune trading
these crypto currencies.
When you buy an old coin and make a profit you can exchange it back for Bitcoin or theory them and then
you can sell your bitcoin or 3m to get real money as you can see standard crypto currencies such as
Bitcoin in a theory and play a vital role in this process.
So if you want to make a long term investment these coins will be your best choice.
So before you buy any coins you can go ahead and get some standard crypto currencies just hold them
for a few weeks to get familiar with the cryptocurrency market.
It will take some time to buy the standard crypto currencies especially when you use the bank transfer
method.
So make sure you have some in your trading account first so you won't miss out any opportunity to buy
new hot old coins when they're ready to boom in the next lecture.
I'll teach you how to find information related to all coins that you're interested in.
This lecture is very important.
So make sure you don't skip it.