Investing in crypto assets is risky, but it can also be incredibly profitable. If you want to obtain direct exposure to the demand for digital currency, cryptocurrency is a good investment.
Let me highlight the key points you should be aware of before investing:
1. DON'T USE YOUR PERSONAL SAVINGS FOR INVESTMENT - as the saying goes, "invest what you can afford to lose," so set aside money for this purpose.
2. PLEASE DON'T EVER BORROW MONEY - this is a mistake that many people make, and unfortunately, many individuals continue to make the same error by trying to make a significant profit like "e-sabong."
3. INVEST MORE IN CRYPTO STUDYING - As the saying goes, "knowledge is power." More knowledge improves our decision-making abilities, as well as our ability to choose the logical and ethical reasons on which we want to base our decisions. Problems are solved with knowledge. Knowledge improves our reasoning and problem-solving abilities.
If you have anything to contribute, please do so. Let us assist one another.
These things are considered necessities if you want to succeed in all types of investments. However, for crypto which is highly volatile, then one should invest it with high caution. But for most of the newbies these days, they tend to believe their own knowledge and invest in crypto the wrong way. They will only realize the truth about crypto once their investments fail and lose their funds. Sadly, one should lose first before they learn their lesson.