I have a little knowledge but I need a guide. Bought some cryptocurrency like XRP and Bitcoin. Currently people only talk about Bitcoin but the price is very high for me to afford investing in it. I don't know why I feel like it's the only cryptocurrency worth investing and I would love to try but am still learning gradually about it.
Blackrock the big institution is accumulating Bitcoin at its current price so I think we should too. On the other hand, if you ask me I would say you can divide your total portfolio into two parts. Invest 90% of your portfolio into Bitcoin and the remaining 10% you should invest in Altcoins keeping in mind while investing in altcoins as they have high risks and bitcoin have less risk. Try to invest in 4 to 5 altcoins which will help you to overcome your risk in loss. Risk management is the most important part here in altcoins. If one is not performing well another one will perform well. Invest only in good projects.
DYOR