The advice that I would give you is that you should start your cryptocurrency investment with small amounts to test the waters and see. Don't go in full scale so that you would not lose so much if the market goes haywire.
Should I invest in cryptocurrency?
- Thread starter Mykel
- Start date
The interest in cryptocurrencies is increasing day by day and this has made everyone think that investing in this market can be good. It depends on you. But keep in mind that it is high risk and Bitcoin fell from $60,000 to $15,000 and this was not the first time. Invest with money you can afford to lose
If a crypto investment is legal in your place, you should certainly invest in crypto. However, before you start investing, you need to build knowledge on crypto market.
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It's a good thing to invest on cryptocurrency. It's not debatable that cryptocurrency is one of the most profitable online business. But don't invest on coins that are not popular with the hope that it'll become popular soon. And don't forget the formula, invest when it's price is low.
the issue of crypto currency been legal is another angle, as you need to learn something that you intend to earn with in the future as to avoid issues with law enforcement agencies.
Yes that true, those that invest into cryptocurrency are making their cool money there, investment in cryptocurrency is the best way of making money when you have understand the process.
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Even in the countries where crypto has not been outlawed, there are issues with buying cryptos, withdrawing cryptos and sending crypto funds to other countries.
Yes, it is a good investment, but it is important to know when to invest. You should never invest when the market is green. It is better not to rush to invest in this market. Let's not forget that Bitcoin has had many price falls
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