5 Rules For Making your First Million with Crypto-currency

1. Only invest money you can afford to lose

When you see predictions that Bitcoin could go to $1 million, the temptation is to put every available cent into the king of crypto in the hopes of big gains.

2. Cover other financial bases first

If you want to invest in crypto, it’s important to first build strong financial foundations.

3. Diversify your investments

Diversification comes in various forms -- the types of assets you buy, and the individual assets within each class.

4. Think long term

One way to survive the volatility of crypto is to invest with a 10- to 20-year mindset.

5. Research

Never buy a cryptocurrency you haven't researched in depth. We all live busy lives, and it can be tempting to put a small amount of money into an altcoin you read about online.

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