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Crypto 101: Almost everything you need to know before investing in cryptocurrency

El_K
El_K Member, Swaye's Wigwam Posts: 1,490 Swaye's Wigwam
edited May 2022 in Tug Tavern
https://indianexpress.com/article/technology/crypto/everything-you-need-to-know-before-investing-in-cryptocurrency-7612855/
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Comments

  • greenblood
    greenblood Member Posts: 14,560
    Good stuff
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  • greenblood
    greenblood Member Posts: 14,560
    You need to have a tough stomach for crypto investing. You’ll see amazing bull runs, and fast dives. It’s not unusual to see a 20-30% daily dip in the crypto market. If those types of drops impact you significantly, then tread carefully.
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  • El_K
    El_K Member, Swaye's Wigwam Posts: 1,490 Swaye's Wigwam
    The original article didn’t have the word “almost” which I added.
    Lots of ups and downs. This isn’t like Microsoft going up 52 cents per share. This is a rollercoaster. And if you can find the crypto that is a safe and steady bet, ride it out. There are the slow and steady wins the race cryptos out there. And there are the SHIBs and Let’s Go Brandon crypto out there too.
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