5 Commandments Of Crypto Investing
Investing in cryptocurrencies might seem exciting given the digital assets’ popularity and potential for significant gains, but crypto has seen significant volatility in the past and likely will in the future. It’s important to consider a few basics before investing in crypto.
5 commandments of crypto investing
The recent rise in Bitcoin’s price has caused some investors to believe in the growing acceptance of crypto, but crypto generally remains speculative and extremely volatile. Without an underlying asset to back them, crypto prices are driven solely by investor sentiment. This leaves many investors exposed to sharp losses when sentiment shifts.
These five basic rules of crypto investing take that…