The market for virtual currencies is very volatile and blindly invest and the best way to lose your capital in a few hours. The number one rule for investing in cryptocurrencies is this: do not put all your eggs in one basket! As is the case for traditional finance, diversification helps to limit risks and build a profitable and sustainable portfolio. Coin Mystery guides you in these matters.
Before investing in other cryptocurrencies it is necessary to know if you really need to diversify your portfolio. Indeed if your budget is only 100 euros diversification will be useless: because of low value increases, it is not wise to dilute such a small amount between several cryptocurrencies. We advise you to opt for diversification for a capital of at least 500 euros.
Never invest in a project you do not understand. This is true for traditional investments, and even more relevant for crypto-currencies! Ignore white papers that are too enticing to be honest and interest yourself in the news and absorb as much information as you can about the market to identify solid projects. From Coin Mystery you will get all the supports and suggestions regarding all these.