Richard

2024

Bitcoin

Binance CEO Richard Teng offered guidance to beginners in the cryptocurrency market. In the latest post on X, Teng stressed that it is high time to know the basics of blockchain, invest a lot of time in research, and begin with small amounts of money on reliable Internet platforms. 
According to his understanding, Teng noted that new users must understand blockchain and cryptocurrencies.&nbsp; He claimed that investors are enabled to make the correct decisions and deal with the convolutions of cryptocurrencies. 
Teng recognizes undertaking extensive research and <a href="https://x.com/_RichardTeng/status/1805966693770187085" rel="nofollow" target="_blank">recommends</a> investors do their research on different blockchain networks through ‘DYOR’ or ‘Do Your Own Research’ which empowers any person to determine the viability and authenticity of numerous crypto assets. 
According to Teng, first-time crypto investors should start slowly by investing small amounts in reliable trading venues enabling learners to get familiar with market conditions and reduce risk-taking potential adequately. 
Teng argues that through small investments, people can gradually develop their skills in the investment process. He pointed out that it is crucial to venture into developments in already existing structures that are secure and compliant with the set legal standards to help protect investments. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also read: <a href="https://www.cryptotimes.io/2024/04/19/binance-ceo-richard-teng-terms-bitcoin-halving-2024-unique/">Binance CEO Richard Teng terms Bitcoin Halving 2024 ‘unique’</a> 
</blockquote>

Binance CEO Advises Newbies on Crypto Investments

The Crypto Times

Andra artiklar publicerade 26 juni 2024

German Government Offloads 900 Bitcoin; Massive 400 BTC Sent to Coinbase and Kraken

Aethir and MetaGravity Partnership Boosts Scalable DePIN Gaming Development

U.S Bitcoin ETFs See $31M Net Inflows, Reversing Seven-Day Streak

Solana-based memecoin BRETT surges 14% to become top gainer

Say Hello to Safer Transfers: Oku Trades Adopts Chainlink’s Elite Security Protocol

Solana meme coin DORAE crashes 99% amid alleged rug pull

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!