Domenic Carosa and Dan Schatt started the San Mateo, California-based social-first crypto platform and marketplace, Earnity, to educate more prospective buyers on how to grow their finances in a platform that works successfully.
The good news from the fintech veterans and visionaries is that cryptocurrency can provide buyers with a reliable way to attain financial independence. As Earnity’s Domenic Carosa and Dan Schatt note look to broaden the scope of crypto for the world. Here are three excellent tips that will guide prospective buyers.
1. Choose the Right Cryptocurrency
Not all cryptocurrencies are created equal. Some cryptocurrencies are more suited to attaining financial independence than others. Bitcoin, for example, is an excellent cryptocurrency to use for this purpose because its value tends to be more stable than some of the other options available. Additionally, it has a large community of users who are always looking to buy new opportunities, so you can be sure that its value will not plummet overnight.
2. Buy wisely
When buying cryptocurrencies, you must do your research first. This means studying the trends and movements of different cryptocurrencies so that you can make informed buying decisions. Additionally, it is also a good idea to spend what you can afford to lose, as there is always the risk of losing your purchase. Many buyers have failed because they put their money in the wrong cryptocurrency.
3. Stay informed
To make the most of your cryptocurrency, you must stay informed about the latest news and trends in the cryptocurrency world. Earnity executives Domenic Carosa and Dan Schatt want people to be comfortable in their crypto purchases. Additionally, you will also be able to identify new buying opportunities as they arise.