Investing in copyright

Investing in copyright

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In the bear market, you need to have strong nerves! When investing in cryptocurrencies, you need to be aware of the risks.

Cryptocurrencies should represent a small part of your overall capital and you should not invest money in them that you cannot afford to lose.

Investing in copyright: Which cryptocurrencies should you buy to start?

Which copyright should you go for? This is surely one of the most important questions you should ask yourself! The copyright sector is still young and it is important not to be tempted by small cryptocurrencies that face significant speculation.

Bitcoin and Ethereum

There are billions of cryptocurrencies and unfortunately, not all cryptocurrencies are based on solid fundamentals. Unless you are an expert, we recommend that you only focus on the 2 most important cryptocurrencies on the market which are:

Bitcoin (BTC):

BTC is the most important copyright on the market in terms of capitalization and fundamentals.

Ethereum (ETH):

ETH is the second most important copyright on the market and allows you to develop decentralized applications, smart contracts and interact with DeFi.

Given that this sector is very volatile, it is recommended to only invest in the most mature cryptocurrencies in order to limit risks. Ethereum (ETH) In times of decline, it is not uncommon to see the price of certain cryptocurrencies drop by more than 80%!

Unlike investing in the stock market, in cryptocurrencies, it is rather difficult to diversify your investments. Quite simply, because there are a multitude of cryptocurrencies and it is difficult to repair those that will stand out.

Some cryptocurrencies that do not bring any innovation to the ecosystem can face significant speculation and display very high performances. While cryptocurrencies that can revolutionize the ecosystem may not attract investors and display poor performances.

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