Crypto Investing 101: Experts Weigh In on Portfolio Building
For Dmytro, an engineer from Kyiv, investing in crypto is a second chance after regretting not buying Bitcoin in 2009. He has set aside $1,000 and wants to monitor the market without missing another opportunity.
LIGA.net spoke with experts to provide guidance on where to start, how to choose assets, and what the first crypto portfolio should look like.
Mykhailo Patsan, an investor and AISync Globall founder, recommends focusing on 'which asset has a chance of surviving in 5-10 years?' rather than finding one that will increase tenfold in value. He advises learning basic theory, such as what blockchain is and how Bitcoin differs from Ethereum, before putting it into practice.
Patsan suggests starting with $50-100 worth of Bitcoin to 'go through the entire process, from purchasing to storing the asset, without risking a significant amount.'