How Best to Invest in Cryptocurrency Without Putting Yourself at Risk – Business Insider

How Best to Invest in Cryptocurrency Without Putting Yourself at Risk – Business Insider

  • Grant Sabatier is a podcaster, entrepreneur, and author of Financial Freedom.
  • He says limiting your exposure to 5% or less of your net worth is the best way to go about investing in cryptocurrency.
  • Sabatier also says to hold a diversified portfolio, avoid MEME coins, and put down smaller dollar amounts spread out over time.

Crypto is everywhere. And while it’s hit the mainstream, it’s still early.

There are only about 78 million crypto-holding wallets and there are 7.9 billion people on the planet. So less than 0.98% of the world’s population holds crypto.

This is an opportunity — perhaps a once in a lifetime investing opportunity.

A lot has changed since I first invested in Bitcoin in 2013.

Not only has the value exploded, but so has the number of coins and altcoins you can invest in. The choices are immense and now there are more altcoins than all the Bitcoin that will ever exist (only 21 million BTC will ever be circulated).

You
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