You should hold Crypto as an asset! Points to note as you begin.

Everyone should hold Cryptocurrencies as an asset. You should see cryptocurrencies as an asset that can give you good returns over a period of time. A common advise to people is to have multiple streams of income. You should save and you should invest your savings to ensure that your portfolio of assets increases and your liabilities decreases.

You should be cautious while investing in Cryptocurrencies. Cryptocurrencies carry downside risk. So, you should invest your savings which you can afford to lose. Never invest more than 4-5% of your wealth in Cryptocurrencies.

You should be aware that most of the cryptocurrencies will be valueless in 5-10 years time frame. So, you should diversify your portfolio into various cryptocurrencies (10 to 15 maximum). As per 80/20 rule, only 20% of your cryptocurrencies will give you 80% good returns.

As said earlier, cryptocurrencies carry lots of risk, you should know the fundamentals of every cryptocurrency that you invest in. Go to the official website of the cryptocurrency, and read the white paper and understand the basic and usage of the cryptocurrency.

You should not expect past returns of the cryptocurrencies in the future. I see a more stable and moderate returns in Cryptocurrencies in 5-10 years. The current volatility in the cryptocurrency market should be tapped into wealth through cryptocurrency trading.

Never jump into cryptocurrencies in an hurry that you will lose the opportunity to multiply your money, and also never procrastinate about the near future prices that the prices will dip or shoot, always go by trends, learn technical analysis and understand technical charts. Trade technically.

Everyone loses money in Cryptocurrency trading. No one is going to let you know about the losses they have made trading or through investment. It is the ability to bear the losses and being agile to the technical trends and having fundamental knowledge about the coin is the key to success.

Learn patience. At times holding cryptocurrencies need patience. Always invest through time systematically to capture the cryptocurrency volatility. Be happy to book profits at times.

Have fun investing and trading cryptocurrencies. Resteem and follow, lets go to the moon together!