Crypto held on an exchange or in a wallet is not FDIC-insured like money in the bank . Make sure you trade and hold your crypto on a platform that offers robust security measures — including keeping a significant amount of holdings in its own cold storage and two-factor authentication for users.
Read moreIs it smart to invest in crypto?
It’s possible to get filthy rich by investing in cryptocurrency in 2022 — but you could also lose all of your money. Investing in crypto assets is risky but also potentially extremely profitable. Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency .
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