Kim Lyle
Community Tutor
Though cryptocurrency is deemed to be a risky, speculative investment, if you already own it or are planning to buy, experts agree that a buy and hold strategy is usually the best practice.It's better to focus on things you can control than on things you can't, like the price of any particular investment. Make sure you consider how much money can you safely invest? How much risk are you prepared to take? And what do you want to achieve with your investments? These questions generally shape every investment decision. The investment type will vary between the safety of the investment, the income from the investor and the potential for profit, known as returns.
Feb 7, 2022 7:28 AM