Crypto investments are at the same time most risky and most profitable due to the high volatility of this market and its sharp movements up or down. T
Crypto investments are at the same time most risky and most profitable due to the high volatility of this market and its sharp movements up or down. The most critical things every crypto investor must know:
- Before buying this or that crypto, learn as much as possible about the project, find out its essence, investigate its price charts, find historical indicators and understand what they are connected with. Find how the asset reacts to different market fluctuations.
- Learn about trident methods, pick one that suits you better, and do not change it in the middle of the road. Keep to your trading strategy no matter what.
- Pick a reliable service for trading. Do not be tempted by cheap services – learn about large and reliable platforms. Even though they charge higher fees, they provide a higher level of safety and more trading tools. It is advisable to pick a centralized platform for trading, for such exchanges provide a high level of safety for clients and customer support.
Let’s discuss some of these paragraphs in detail.
What Crypto to Buy in 2023?
We want you to pay attention to low-cap crypto assets with a capitalisation between $300 million and $2 billion. These assets are more sensitive to the market trends’ chances and are likely to reach the mood during the next bull trend, which may start in 2023. One of the most promising coins among low-cap cryptos is the NEO coin. The Neo platform released the token, which enables the digitalisation of the real-sector economy. Tokenisation of real-life assets is the future, so the Neo project is likely to receive widespread adoption in the future, and cryptocurrency NEO is likely to boost. As of mid-December 2022, the NEO coin price is $7.4, with a market cap of over $524 million.
What is the Best Platform for Crypto Trading?
We recommend a reliable and safe crypto exchange WhiteBIT. It is the largest crypto trading platform officially operating under European registration. WhiteBIT holds 96% of users’ funds offline. Clients configure a two-factor authentication to protect their accounts from third parties. The platform offers a wide range of trading tools and over 450 pairs, including fiat-crypto conversion. Read more about WhiteBIT on its official website and blog.