Talking about cryptocurrencies, of course, it doesn't rule out investing or stocks, in this case, of course we have to be careful in investing because investing also contains risks. The risk here is to lose funds or other assets when the investment does not live up to expectations or even fails. Yes, it is true that we cannot invest and then only expect profits without understanding the risk of loss, but to warn of all possible losses, what steps should we take?
My approach for investments into cryptos have always been, that i only invest an amount of money that i can afford to lose completely without having any impact on my normal daily life whatsoever. I mainly invest small amounts into presales of new projects and as we probably all know in here that risk that is associated with that is pretty high. Some of those projects never deliver a finished and working product some of them may even be a rugpull and even when they deliver those small and and new projects always suffer the most during a bear market in which we are right now. My portfolio is down 90% compared to the beginning of may. Thank god i only invest money that i can afford to lose.
