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Ask Leo: is cryptocurrency a safe investment? by tobywalter

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· @tobywalter ·
$3.66
Ask Leo: is cryptocurrency a safe investment?
![images 19.jpeg](https://i.imgur.com/d260cRG.jpg)
[Source](https://meaninginhindiof.com/is-cryptocurrency-a-safe-investment/)
 
Cryptocurrency is a very good business to invest your money into but at the same time it can be very disastrous at the other end 
To me anyone investing into cryptocurrency must have heard some good things about crypto and see it worth investing into because no one will want to invest into a business that will not bring profits in the future
Cryptocurrency is not a100% certain because of its volatility nature and a long term investment
So in a nut shel cryptocurrency is not necessarily safe and so many things can go wrong which may reduce the value of an invested crypto or token that you have invested in so every investors must be conversant with this kind of situations
However this doesn't mean that investors should not invest into cryptocurrency at all 
Doing things like avoiding leverage, understanding utility, and diving into fundamental token mix or diversification can go a long way toward mitigating risk.
Keeping a diversified portfolio is perhaps the greatest risk mitigator of all. By allocating only a small percentage of your net money into investing in cryptocurrencies, this will help in a potential upside without financially setting yourself back if things go the other way .
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@beerlover ·
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@pixresteemer ·
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