What are the best strategies for investing in core crypto?

3 answers

• Dec 26, 2021 · 3 years ago
  One of the best strategies for investing in core crypto is to do thorough research on the projects you're interested in. Look at their team, technology, and community support. Additionally, diversify your portfolio by investing in multiple cryptocurrencies to spread the risk. It's also important to stay updated with the latest news and market trends to make informed investment decisions.
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• Dec 26, 2021 · 3 years ago
  When it comes to investing in core crypto, it's crucial to have a long-term perspective. Don't get swayed by short-term price fluctuations and focus on the fundamentals of the projects you're investing in. Set realistic goals and be patient with your investments. Remember, cryptocurrency markets can be volatile, so it's important to have a strong risk management strategy in place.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends a strategy of dollar-cost averaging for investing in core crypto. This involves investing a fixed amount of money at regular intervals, regardless of the current price. This strategy helps to mitigate the impact of market volatility and allows you to accumulate more crypto over time. It's a popular strategy among long-term investors.
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