Post
Topic
Board Beginners & Help
Re: An advice for Crypto Investing
by
Upgrade00
on 25/05/2022, 07:45:38 UTC
Investing in crypto assets is risky, but it can also be incredibly profitable.
Investing in any asset is risky. Investing involves exchanging fiat or other assets for another you expect to appreciate in value over time, but no guarantee that this is going to happen; That's risk.

If you want to obtain direct exposure to the demand for digital currency, cryptocurrency is a good investment.
Majority of cryptocurrencies which are created are bad investments; the market has been filled with so much scam and rehashed projects, finding out a right investment is quite difficult; much easier to stick to bitcoin. Luna has shown that even perceived established coins can fail due to lack of a definite project and actual decentralization.

I've seen a couple of threads over theoas days with this exact theme; advising on how to invest. It's good you do a quick search before making a thread.
Good attempt however!