Investing in cryptocurrencies is risky as prices have been extremely volatile and there are no firm regulations governing them at the moment. Further, experts are skeptical about such investments primarily because there is nothing for them to analyse. However, if you still want to experiment with cryptocurrencies, below are a few points you should keep in mind before investing:
- Invest in bits.
- Withdraw your principal.
- Keep your key locked up.
- Use an offline wallet.
- Handle with care (Never send your cryptocurrencies to a wrong sending address)