Crypto adoption is growing, but that doesn't mean there isn't a learning curve for new investors. These simple tips will ensure you won't sink when dipping your toe into the world of cryptocurrency.
While some advocate for all-or-nothing bets on small-cap altcoins, more conservative approaches include investing only in Bitcoin or gaining exposure via indexes.83% of millennial millionaires now own crypto
Former U.S. President Barack Obama Obama at a Missouri home in 2010."Kitchen table issues” is an American phrase that refers to taxes, investments, retirement and other everyday concerns. Source: Jewel Samad/AFP/Getty viaSpeaking to Cointelegraph, Bill Barhydt, CEO of cryptocurrency investment app Abra, echoed this sentiment saying retail investors “should always pay themselves first.
Instead, Barhydt believes wealthy investors “know that concentrating investments based on their own convictions and homework, plus the ability to deal with losses, is their key to success.” “Crypto should be a part of a more balanced portfolio and investors should be careful to do their own research. Diversification is a tried and trusted portfolio model and has shown to be defensive against waves of turmoil.”
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