In cryptocurrency investment, it’s Involve a lot of risk, and scammers are everywhere. Hence, it’s hard to know the exact trusted project apart from BTC and ETH. New project are coming out to Blockchain day by day. To help newbie, to begin investing ...Read more
In cryptocurrency investment, it’s Involve a lot of risk, and scammers are everywhere.
Hence, it’s hard to know the exact trusted project apart from BTC and ETH.
New project are coming out to Blockchain day by day.
To help newbie, to begin investing in cryptocurrency what do you think is the most important thing to think about first?
Read less
Before investing in any crypto currency, you need to consider this 3 point, which is research, volatility and diversification. Now let me explain each of them. Research: you need to understand the basics of how cryptocurrencies work, and the specific cryptocurrency you're interested in. Volatility:Read more
Before investing in any crypto currency, you need to consider this 3 point, which is research, volatility and diversification. Now let me explain each of them.
Research: you need to understand the basics of how cryptocurrencies work, and the specific cryptocurrency you’re interested in.
Volatility: Cryptocurrencies are known for their extreme price fluctuations. So you must be prepared for significant ups and downs in the value of your investment.
Diversification: Avoid putting all your funds into a single cryptocurrency. Diversify your investment in other to reduce risk.
See less