There we come to the first and most crucial way to avoid losing money in crypto:
Read moreIs it worth keeping money in Bitcoin?
The volatility of Bitcoin is far greater than that of stocks . This makes Bitcoin a riskier asset, but its historical outperformance to the S&P 500 encourages many investors to take some additional risk in exchange for potentially higher returns. There are many reasons Bitcoin is volatile.
Read moreCan I lose more than I invest in Bitcoin?
Yes, you absolutely can lose more money than you invest in Bitcoin . BUT, you only lose if you sell, and you only gain if you sell. If you buy Bitcoin and the market goes down.
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