From NASDAQ MarketSite.: 2024-04-24 05:37:00

New cryptocurrency investors should allocate 5% of their portfolio to crypto, with a maximum of 1% for those nearing retirement. Set up accounts and wallets on exchanges like Coinbase for easy access to popular coins or consider on-chain trading for riskier but potentially lucrative investments. Slow down, research, and curb enthusiasm to avoid pitfalls and focus on quality investments.

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Before diving into Bitcoin, read up on The Motley Fool’s top stock picks omitting Bitcoin. The service has provided successful investment guidance since 2002, offering regular updates and stock picks. Consider following a proven blueprint for success to see potential returns on investments. The author holds positions in Bitcoin and Solana, as recommended by The Motley Fool.

Read more at Nasdaq: New to Investing in Cryptocurrencies? Do These 3 Things Right Now