How can a tech company help me get started with crypto?
Who better to help you make sense of all of the different platforms and how to use them than a company that builds platform solutions and teaches people how to use them?
Crypto is technical
The world of cryptocurrency is online. For now, there are no brick and mortar stores you can visit to purchase the multitude of different coins and tokens. Purchasing is done online, and that’s where we come in. We can guide you as you navigate the different kinds of exchanges, the different kinds of wallets, and share with you the best practices for using these to keep you as safe as possible.
Crypto is still new and so there are a lot of moving parts to make it work. That’s the trade off; if it was easy, everyone would be doing it. It’s more difficult for those who get in early, but the rewards are well worth it!
What we do for you
We won’t tell you what to buy, or buy it for you, but our services are designed to give you the skills and knowledge you need to do it all yourself.
We will patiently walk you through how the world of cryptocurrency works; how to get your fiat currency into an exchange so you can start buying, selling, and/or trading, we’ll show you how to setup and safeguard your wallets using current best practices, and every step of the way we can be there for you to show you how to navigate this brave new world of currency and much, much more.
MAKING SENSE OF ALL THE DIFFERENT COINS, TOKENS, AND PROJECTS
Crypto isn’t just a bunch of different currencies. There are many ‘meme’ tokens which have no fundamental value, but many coins and tokens have projects behind them and are focused on solving problems or creating brand new ways to engage in finance and business.
We can’t tell you what every coin does, (there are thousands of them!), but we can get you started with the most prominent ones, and more importantly show you how to find and analyse that information yourself.
FINDING YOUR IDEAL FIAT ON-RAMP
It can be difficult transferring money from your bank account onto an exchange so that you can purchase cryptocurrency. It may still be early, but the banks are all too aware of the potentially existential threat that crypto poses to the banking and financial industries. Many banks are making it frustratingly difficult to transfer money to an exchange.
We’ve encountered this situation many times and have helped clients in Australia, Canada, and America successfully navigate these obstacles.
CHOOSING AND USING YOUR EXCHANGE
There is also the additional complication of not every cryptocurrency being available on every exchange. So most people involved in crypto use a number of exchanges determined by their specific needs.
We also show you how to make sense of the trading screens by walking through the basics of reading charts, and how and when to use different kinds of orders.
HOW TO STORE YOUR COINS AND TOKENS
How are where you store your crypto is based on three things:
- What you intend to do with the crypto
- The time frame of your plan
- the security of your wallet options
We show you how to choose and set up your wallets.
WALLET SECURITY AND BEST PRACTICES
Just as there are scams everywhere you look for people trying to get your money, there are scams for people trying to get your crypto.
We share with you current best practices for keeping your coins and tokens as safe as possible.
TRACKING YOUR ACTIVITY FOR TAXES
Yes, taxes. Despite what you may have heard, your national tax department/ministry/agency has ways of tracking your activity in crypto and it’s just not worth it to try to avoid taxes.
Tracking every single transaction for taxes may be doable at the beginning, but as you get deeper into the different wallets, exchanges, and de-fi platforms that the crypto world has to offer, it becomes quickly unmanageable.
Thankfully there are platforms available to help you get the job done mostly automatically. They can compile it all into a tidy report for your accountant and save you both time and money.
Remember, it’s not just how much you make; it’s how much you keep.
We share with you the best platforms we’ve found, and help you get started on them
TRACKING YOUR PORTFOLIO AND GOALS
Trading plans, take profit strategies, and exit strategies are all part of a well balanced crypto portfolio.
We share with you templates and strategies that we are using ourselves. These are always evolving and changing; just like the world of crypto!
You are under absolutely under no obligation to use any of these resources, but they may serve as a great starting point for you.
HELP SETTING UP AND USING CHARTS
We set you up with basic tools for trading and share with you the basic skills you need to use them.
- Trading software/platforms
- Basic chart setup and analysis
- The 4 Year Bitcoin Cycle
- Blockchain analysis platforms (this is advanced)
ONE-ON-ONE ASSISTANCE AND SUPPORT
The beauty of technology is that no matter where you are in the world, we can jump onto a Zoom call with you to walk you through every step, until you are comfortable doing it yourself!
**Disclaimer. We are not financial advisors. Our services do not include telling you what to do with your money. We cannot advise you on which currencies or projects to invest in.