Cryptocurrency can be a risky investment. But if you have a long-term mindset, you can potentially reap big rewards by owning it. As a rule, high-risk investments should only make up a small portion of your overall portfolio — one commonly quoted guideline is no more than 10%. And be sure to only invest money you can afford to lose, as cryptocurrencies may not offer the same regulatory protections as registered securities.Find expert tips on crypto investing

The crypto market is highly speculative, and the potential for irrational investor behavior (like the Fear of Missing Out or Greater Fool Fallacy) should be taken into consideration. Additionally, the crypto space is a relatively new one, and laws and taxes can vary from country to country.

Find Expert Tips on Crypto Investing: Maximize Your Returns

Unlike traditional currencies, cryptocurrencies are decentralized and not subject to the control of a central bank or government agency. This makes them more resistant to inflation, and their ability to transfer funds quickly and at low fees has made them popular for payments online or by mobile app.

People invest in cryptocurrencies for the same reasons they do any other type of investment: to hope that its value will rise, netting them a profit. But like any investment, cryptocurrency can go up or down, depending on a variety of factors, including market fluctuations and changes in investor sentiment. It’s important to understand the risks involved in making any investment, and to seek advice from a qualified financial professional if you have any questions.