One of the best advice I usually give to those who are into cryptocurrency investment, is to ensure that they not only carry out enough research on the coin or token they wish to invest in, but to also be prepared for such investment
Invest only what you can lose
It absolutely advisable to invest what one can afford to lose just in case the investment does not go in the direction one desires. Investing all your entire life savings into any particular cryptocurrency is not the best practice. Cryptocurrency investment is so volatile, due to the nature of the market which can rise in one moment and dip the next moment. When you are planning such investment, keep a percentage of your savings rather than all your savings to avoid incurring irreversible losses that can impact on you financially.
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