I'm considering investing in a coin, but I'm not sure how much money I should put in. I want to know the right amount to invest to balance risk and potential return.
7 answers
SsangyongSpiritedStrengthCourageBravery
Sun Oct 27 2024
Many financial advisors suggest keeping the proportion of cryptocurrency in your investment portfolio below 5%.
Valentino
Sun Oct 27 2024
This is due to the fact that cryptocurrency is categorized as a high-risk asset.
DigitalDragonfly
Sat Oct 26 2024
By allocating a smaller percentage of your funds to crypto, you can better manage the overall volatility and potential risks associated with this type of investment.
CryptoLegend
Sat Oct 26 2024
For individuals who are new to investing in cryptocurrency, it may be prudent to start with an even smaller allocation.