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Three basic rules in cryptocurrency investment
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[QUOTE="Suba, post: 253250, member: 3658"] Currently crypto investment is seen as equivalent to stock investment, but crypto prices are more volatile so the risk is very high. Every investor will of course have his own way that is used as a rule for himself, both from experience and from other sources such as sites and Youtube. Since 2012, I have known Bitcoin through faucet sites, (very different from the faucet sites that are currently widely spread out there). Based on my experience the first time I bought Bitcoin using money from online work. So the basic rules in crypto investment are first when you want to buy/invest in crypto, use idle money or money that you don't use to meet your daily needs. Second, because crypto is at very high risk, set investment diversification using the formula 100-your age = high risk investment. Third, if you are a novice investor then you only buy crypto that has potential or has a high market cap. such as Btc and Ether, Fourth, take profit, determine the time when you must take profit especially when the crypto market is bullish. For crypto trading we must have different strategies and we must first master technical and fundamental analysis. I think crypto trading is more difficult than forex trading. [/QUOTE]
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