Digital Assets Management in 2020 - Beginner's Guide

1. INTRODUCTION

In the period of hard and challenging global events (during world business and economic crisis like COVID-19), more and more people globally are heading to new horizons - more secure and reliable, with a look at the future. The keyword FUTURE, leads us to new forms and ways of investments , not traditional - they just don't work like before. Traditional currencies and assets are unstable and hesitant. If we dig deeper within this field of investment, for example with quick online research, trends that come out at top places hints to us where we can redirect our fundings - Crypto Currencies and Digital Assets. If you feel like a newbie in this field like I was , at the beginning, it is a good idea to deeply examine all aspects of this new way of business trading.

Facts are facts! - Blockchain technologies developed strong and also secure forms of trading, undependable from private players and organisations with power and huge sources. Today we can feel more and more confident to operate with our investments with less risk and bigger profits.

Let's take a look at one very clear example of the power potential , hiding behind Blockchain technology and specially its pioneer in the digital world - Bitcoin , a new gold, as expert and NEXO co-founder Antony Trenchev says on Bloomberg interview this year. Bitcoin's raise is at the very beginning, if we consider his predictions. 5000% percent approx. is the current increase of this classic digital asset. Antony expects 1 Bitcoin value to reach 50 000$ by the end of 2020.

 To save time and energy of your precious life, researchers like me are sleeping less to help you with the best possible options available. In this part we will start like complete amateurs in the field and will create our strategy to run smoothly our new investment adventure - with profits! After , we will collect additional funds to enhance our profits , plus taking advantage of crypto markets and innovative services , related to this modern phenomenon.

It is a normal human reaction to be afraid of new things, especially when we talk about money risks. Resistance is more than usual. You don't know this new technology enough to be certain of the actions that need to be made. This fear of the unknown has already passed and the moment for investment in future technology is here.

2. CRYPTO STRATEGY AND TOOLS

TOOLS

To create an adequate plan and strategy is a matter of correctly used tools within the appropriate moments. But even with enough valuable information we can get online today, often the problem to run our own business is related to lack of enough funds to get in the game ontime. Funding with Lending was difficult 10 years ago, but now NEXO.io can give you Crypto Trading Loan - with interest rate way below traditional - only 5.9% APR.

NEXO.io

Pioneers is Crypto lending - NEXO financial services gives you flexibility of instant exchanging, no fees and flexible options for each crypto trader's needs. Definitely this is the top tool you should use when starting to trade with digital assets.

METAMASK.io

This platform is very interesting with functionality. DApps best companion and Ethereum wallet in your phone or browser. You can use this useful tool to send and receive digital assets, independently, without any trace from third parties. You can open as much as you want wallets with one click. You can also use it to explore DApps directory and find the digital investment niche you like most.

Ethereum is the second most popular and worldwide expanding crypto currency, which is clever to use in the process of investment.

CRYPTO MARKET CAP

Another useful companion Android app is Crypto Market Cap. Full with useful information and market prices for almost all digital currencies ( hundreds ) in real time. You can set up a lot of alerts, for tokens and cryptos , according to your needs. This tool will notify you when one crypto currency price drops, raises and so on. 

Customizations with this tool are endless. You can adjust whatever you need to track among the crypto markets. This is an important part of your preparation and notifications, because one of the most important parts in Trading is immediate reaction for Sell and Buy. You have to pick the best moment when doing it and this tool is the one you need to assist you.

EXODUS

This android app is not just another crypto wallet on you mobile. It is more secure (real-time human support) , fast to use and no registration required on any server. You can create useful digital assets shortcuts and access with one click everything that is important for you. You can add a lot of digital assets and exchange with few taps. Useful when you trading need speed and reactions.

The good part here is the limit of exchanging processes - with Exodus app you can exchange with one tap almost 1 Bitcoin or about 5600$. This is an excellent limit to operate when dealing with big amounts of fundings. 

You can search and find a lot of different applications and tools online in 2020, but just a few really work for you only. In the process of examination you will pick even better tools but for the start these tools will enlighten your understanding of the crypto trading process and actions you should make. 

STRATEGY

Almost everybody has their own customized strategy when dealing with trading. Crypto currency trading is not very different from standards, but with few differences. The most valuable one is that with crypto trading - the market never closes. This is a big plus for you. You don't have to stalk for open and close hours to trade.

Here is a simple plan for start successful trading with good profits:

Step 1:

Pick the best tools to help you.

Step 2:

Find enough money to invest (lend).

Step 3:

Import your capital in Digital Wallet with strong protection.

Step 4:

Adjust your indication tools to show you correct and profitable signals in real time.

Step 5:

Buy digital assets when the price is dropping.

Step 6:

Patiently wait for opposite signals - price raise and Sell your digital assets quickly.


 A lot of people will say that trading is difficult but the truth is that crypto trading is more independent and predictable. With the situation of more and more digitalizations today, one thing is 100% sure - the prices are going high and high, with few variations.