1000$ TO INVEST, WHERE SHOULD I PUT IT?
Before you plan to invest check first the coin that you want to know if the coin has a good potential to earn, because if the coin has no potential then you will not be able to earn big profit and it will be hard for you to earn. You should also learn first how to invest properly. It is not just inventing and inventing without knowing how to invest. It is important that you know how you do it to gain a good profit.
Now lets talk about how to invest.
How to Invest in Crypto?
Before I discuss it to you let me tell you that investing in crypto is too risky.
Since the market is too volatile the best way to invest in it is perhaps minimizing your risk by diversifying your portfolio. All of us would like to think that we can buy low and sell high. Unfortunately, most people end up doing the opposite.
Where should you put your money
- If you are a newbie you must invest first in Bitcoin or Ethereum because the chances of loosing is lessen cause they are the coin that is the top 2 in the market and they are most known and used coin. If you do not have the Bitcoin or ETH coin then you cannot do the transaction in the crypto you need to have both for your transactions.
Before you invest you must have a goal so that you will lessen your risk and you will have less time to think on where you will put your money.