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A pitfall that many first-time investors fall into is underestimating the importance of filtering the information that they pay attention to. In the wild world of crypto, this challenge is made all the more difficult by the sheer volume of media coverage, and the fact that any significant price. ....
The smarter way to invest in crypto â Revix 16 April 2021 8:00 AM Share This: Is there a way to take some of the risks out of investing in cryptos? Yes, by building a balanced portfolio that helps spread some of the risks. Investing in cryptocurrencies is inherently risky in that prices are prone to swings of 10% or more over a period of a few days. However, this high risk has brought with it tremendous returns. In fact, the crypto asset class has been crowned the fastest growing investment category of the last decade providing an annualised return in excess of 220%. Over this past weekend, the total crypto market cap reached an all-time high of $2 trillion which means that the crypto-asset market is slightly larger than oil producer Saudi Aramco valued at $1.86 trillion and Amazon valued at $1.5 trillion. ....
Can you take the risks out of investing in cryptos? Revix has the answers Investing in cryptocurrencies is inherently risky in that prices are prone to swings of 10% or more over a period of a few days. However, this high risk has brought with it tremendous returns. In fact, the crypto asset class has been crowned the fastest growing investment category of the last decade providing an annualised return in excess of 220%. Over this past weekend, the total crypto market cap reached an all-time high of $2 trillion which means that the crypto-asset market is slightly larger than oil producer Saudi Aramco valued at $1.86 trillion and Amazon valued at $1.5 trillion. ....