What to do before investing in crypto?

[Starmix]

Investing in crypto can be exciting, but we have to remember that it is crucial to proceed with caution. Before you invest, it is strongly recommended to do thorough research. It is not just about the potential for high returns; there are significant risks involved. You need to understand the risks as the key to making informed decisions. Also, ask yourself how much money you may lose and whether you will feel comfortable losing it because crypto, as we all know, is highly volatile, which means prices can swing dramatically. Investing in crypto is a personal decision, and there is no guarantee to gain all the time.

 

[Augusta]

This is it right here.. You need to understand the risks as the key to making informed decisions. Also, ask yourself how much money you may lose and whether you will feel comfortable losing

 

[Starmix]

It's essential to do research before investing crypto to avoid huge losses. It's better that way than to invest without prior knowledge. It's crucial for our invested capital that may turn to dust.

 

[Suba]

Before investing in any asset, you should first determine your goals, as well as in crypto, whether we will be short-term investors like Swing, or long-term investors, not all crypto can be profitable but if we are in doubt, we should only choose Bitcoin which has been proven with an average increase of 25% every year, but it does not mean that every year you are lucky so invest for the long term.