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So make sure to diversify your crypto portfolio.
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Although digital currencies have been around for over a decade, they have exploded in popularity over the past few months. A good financial advisor can advise you on a good asset allocation , and most will even invest your money for you. Understand that cryptocurrency isn't an investment in the same way a stock is. Cryptocurrencies are having a moment but they're also extremely volatile. Cryptocurrencies are similar to traditional stocks in that their prices rise and fall as supply and demand changes—as well as through the cycles of hype and media attention.
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Besides what was already said, there are three major good reasons to invest in cryptocurrencies.
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Investing in cryptocurrency at it's very simplest, buying cryptocurrency is like buying other types of asset:
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