Over the last five years, crypto investment has soared in popularity with 14% of Americans now holding digital assets in their portfolios.
1. Diversity
Investing in different kinds of cryptocurrencies is a way to reduce risk and improve returns.Spread your money among different cryptocurrency investments to avoid being too exposed if one of them plummets in value.
2. Managing risk
Take a step back from the hype and look critically at the project. Crypto trading is a high-risk business, so limit how much you invest and trade with as much money as you can afford to lose. It can be hard to separate genuine cryptocurrencies from the scams.
3. Keep it safe
Only invest what you can afford to lose. Bitcoin has gone up and down a lot over the years and is unpredictable. You need to make sure it’s secured in the best wallet.
Find out more Crypto wallet and how does it work
