Stuttgart (ots) – Cryptocurrencies are currently a big topic. Should you really dare to invest your money in Bitcoin and Co.? Joneleit GmbH specializes in wealth building through cryptocurrencies. We asked CEO Niklas Joneleit to explain the essentials.
Cryptocurrencies have an irresistible appeal for many investors. A high profit must be expected. If you don’t get in now, you could be missing out on a great opportunity. On the other hand, the investment seems to be associated with a huge risk. So should you invest in cryptocurrencies? “On the one hand, cryptocurrencies have enormous potential for short-term investments, and on the other hand, there are also cryptocurrencies that are perfectly suited as long-term investments,” says Niklas Joneleit of Joneleit GmbH. “However, it takes a lot of time to understand the whole concept. An investment advisor is therefore definitely the best way for lay people.” At this point, Niklas Joneleit summarizes the necessary knowledge for a good and low-risk start.
1. The benefits of cryptocurrencies
Cryptocurrencies promise high returns because prices are still very volatile, but that will change in a few years when there is more volume in the market because more and more people are investing. If you are looking for a future-proof investment, you have come to the right place. The community is constantly growing and you can now use it to pay in many stores such as Amazon, Zalando and Rewe, but also at Airbnb or for your flights. The fear that the investment may suddenly disappear or that cryptocurrencies will be banned in the future is unfounded. After all, cryptocurrencies are decentralized and not controlled by the government or any other entity – so your money really is your money. With its decentralized storage, blockchain technology also offers a high level of security. The chain is protected against changes, manipulation and forgery by the cryptographic process.
Another advantage of cryptocurrencies is that everything is very easy if you use the right platforms and strategies. The administrative effort is almost zero and you can invest at any time from anywhere in the world. In addition, you don’t need a large sum of money to get started – theoretically you could start with one euro. With the right adviser, a faster and, above all, stable build-up of assets is therefore possible.
2. Avoid mistakes
First of all, when it comes to cryptocurrencies, you should not be influenced by opinions in the media, nor listen to friends, family or even influencers. It is important to exercise caution when choosing the platform because there are fraudulent service providers and crypto projects that tend to rip-off. It must be clear that account passwords are not shared with others and that they are kept securely. It is also better to use your own wallet, i.e. a personal crypto bank account that only you have access to, than to put your money in exchange wallets, i.e. a personal bank account that can be used on a platform, as these provide less security. Because then it’s like money in an ordinary bank account, it doesn’t belong to you in the first place, it belongs to the bank and if the bank goes bankrupt, then your own money is also gone, that can’t happen with your own crypto wallet because it’s decentralized and therefore cannot be operated by another entity besides itself.
Otherwise, what must always be taken into account in an investment applies: You must not interfere at the wrong time and do not let all the capital flow into a project (no all-in). Also, don’t consider it all a gamble, but take it seriously and think about it before you invest. You should also never let your emotions like fear and greed rule you. If you want to invest in cryptocurrencies without having to deal with the subject in detail on a daily basis or want to avoid the risk of many beginner’s mistakes, you should better trust a reputable advisor. But the biggest mistake is definitely just leaving your capital in the bank account and getting negative interest.
3. What does a serious consultant do
The goal of serious cryptocurrency advice must be to support the investor in building stable assets. A personal conversation where the basic principles are explained should be as natural as maximum security. A reputable advisor has risk awareness and extensive knowledge of market psychology. In addition, he follows an individual investment strategy, which he adapts according to the market situation and the customer situation. In addition, a reputable consultant certainly does not advertise with the promise of making his clients rich overnight.
Are you interested in future-proof accumulation of assets through cryptocurrencies? Contact Niklas Joneleit from Joneleit GmbH now and make an appointment for a free initial consultation!
Represented by: Niklas Joneleit
Source: Joneleit GmbH