• crypto

    Diversifying Your Crypto Portfolio

    What is crypto portfolio diversification? Diversifying your portfolio is a key part of managing your investments to avoid overexposure to a single investment or asset class. The scope of crypto portfolio diversification is narrower than the scope of portfolio diversification generally, because diversification occurs only among different types of crypto assets. Investors can leave their overall portfolio exposure to the crypto market unchanged while still choosing to diversify their crypto investments. Portfolio diversification isn’t a new concept—it’s a fundamental principle of investing. See example below which visualizes two portfolios purchased in Aug 2021 and held for 1 year. The first…

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    A Beginner’s Guide to Investing in Cryptocurrency: Practical Recommendations and Expert Advice

    If you are new to the crypto industry, everything seems so daunting. You constantly stumble upon new words and concepts; it is hard for you to understand volatility and its driving factors. If you decide to start investing in crypto despite the high risks of losses, you need to start with understanding the basics.  Learn the Crypto Basics Before you start, it’s essential to understand cryptocurrency. You can learn more about the opportunities with Skill Genic at  skill-genic.com. It is a digital or virtual currency that uses cryptography for security. Unlike traditional money issued by governments, crypto is ruled by decentralised…

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    How to Find New Cryptocurrencies for Investment

    It can be a challenge to find a cryptocurrency besides Bitcoin or Ethereum that might be worth the investment. If you’re somewhat new to cryptocurrency, it’s quite different than traditional investing. You’ll need to know where to go for information and updates and how to analyze them to determine if they have potential. Here are some ways you can identify new cryptocurrencies for investment. Key Takeaways Where to Find New Cryptocurrencies Before you start to look, you may want to ask yourself a few key questions, notably: Navigating the cryptocurrency landscape can be confusing. The absence of quantifiable and trustworthy criteria for…

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    Ready to Invest in Cryptocurrency? 3 Tips for Mitigating Risk and Building a Successful Portfolio

    When the cryptocurrency market surges, it’s hard not to get swept up in the excitement. Newcomers are drawn in by stories of life-changing gains, eager to capitalize on what seems like a golden opportunity. But while crypto offers unique potential for returns, it’s also notoriously volatile and risky. As someone who has been around the crypto space for a while, I’ve learned some hard lessons about managing risk. Whether you’re a first-time investor making your initial foray into crypto or a seasoned trader in need of a refresher, these three tips can help you navigate this bull market more effectively. Are You…

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    6 Tips When Investing in CryptoCurrency

    Investing in Cryptocurrency Cryptocurrencies have gained a lot of attention and popularity in recent years. These digital currencies offer several benefits over traditional currencies, including increased security and privacy, lower transaction fees, and decentralized control. However, investing in cryptocurrencies can be risky, volatile, and complex. In this blog, we will share some tips to help you invest in cryptocurrency wisely. Before investing in any cryptocurrency, it is essential to research and understand the technology, the market trends, and the risks involved. Familiarize yourself with the different cryptocurrencies available, their features, and their potential for growth. You should also keep up…