You want to start investing in Cryptocurrency meaning you're investing in a business. Therefore what you to think now is what business you're looking at, what is the utilities, what is the contribution to the society, is the team totally doxxed?, read their whitepaper, executive summary, Certik Audit and more.
To keep it short as of now. What you need to know the differences between shitcoin , memecoin and project coin.
If you ever heard of Fiat. It means your usual currency like USD , GBP , EUR or INR
Shitcoin is basically a coin that have no utility, with retarded amount of supply somewhere above 1 trillion or beyond
Memecoin are similar to shitcoin but it's basically based on shilling by someone like Elon (Yes fck that guy) Most of the time people thought every coin that suddenly appear when he started shill are his own creation. Please don't be an idiot. He will never do such thing nor will he donate money. People are just advantages of people so that they can scam people through a process called rugpulled. That's why most of the time memecoin + shitcoin usually last 1 month, shortest is about first 4 days.
Project coins are basically coin that have utility like a business-integrated type of shit like making crypto credit card (SXP), chain network (Matic,KCS), Liti Capital (Litigation Finance) and much more
If you intent to start trading what I advice you to emphasize is on knowing Technical Analysis and Fundamental Analysis
Which mean the art of reading charts. You don't really have to use money just go for paper trading (Use StormGain use their test account) I extremely advise because you will lose lots of money if you don't do so.
After that start with researching potential coins that you want to invest in. Check their website then look at their project, whitepaper and most importantly is their team member totally doxxed (transparent to the public). If they said community-based team. PLEASE I sincerely ask you find a new coin. Even if that's true. I have seen 300 coins with that shitty statement around 2% are not scammer.
