🔥RECOMMENDATION OF THE DAY🔥
Cryptocurrencies are highly volatile, and their value can fluctuate dramatically in short periods. Before investing:
1. Establish your risk profile: If you are conservative, it is better to allocate only a small percentage of your portfolio (e.g., 1–5%) to crypto assets.
2. Research the project: Make sure to understand the utility, the team behind it, and the community of each cryptocurrency (Bitcoin and Ethereum are more stable; other altcoins may be more speculative).
3. Diversify: Do not put everything into a single currency. Consider having a mix of stable coins, high-performance coins, and a small portion in emerging projects.
4. Use secure platforms: Invest through recognized exchanges and consider storing in cold wallets if you plan to hold long-term.
5. Have an exit plan: Define in advance when you will take profits or cut losses, avoiding emotional decisions.