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Nulled.to 3 essential rules to investing in cryptocurrencies

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PurpleBlood


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There are three essential rules to investing in cryptocurrencies:

only invest what you can afford to lose.

do your own research before investing.

have a strategy to 'buy low' and 'sell high' (not the other way around!)
No one can time the market perfectly, but it's important to create a strategy for how you're going to profit from cryptocurrencies before fully diving in. A prepared investor is a calm investor, and only a relaxed mind can tame the unpredictable waves of cryptocurrency markets.
It's always useful to have a plan. Are you investing long-term or short-term? How much of your portfolio are you willing to invest? What are your goals for each investment? These are all crucial queries that need to be resolved before entering the world of crypto.
 
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