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Three basic rules in cryptocurrency investment
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[QUOTE="Phytology, post: 282981, member: 82415"] Cryptocurrency investment is an emerging market that has been growing rapidly in the last few years. It’s important to know what you are doing before investing in it so you don’t lose all your money. Rule 1: Don't put all your eggs in one basket. This means that you should not invest all of your money into a single cryptocurrency or type of cryptocurrency, but instead diversify by investing in many different types of cryptocurrencies to minimize risk. Rule 2: Do your research before investing. This means that you should do research on the cryptocurrency and company before deciding to invest, as well as researching any other information about the industry itself, such as its history and price trends over time. Rule 3: Be patient and don't panic sell when prices go down. [/QUOTE]
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