How do large investors affect crypto prices?

Large investors can also have an outsized influence on crypto prices. So-called crypto "whales" can impact the market through their activity, enabled, in part, by limited levels of crypto regulation. However, the huge investors are only part of the problem.

What happened to the crypto industry in 2021?

A fter the highs of 2020 and 2021, the crypto industry fell down to earth with a nasty bump last year. Not only did the crashes decimate investors' portfolios, but some investors lost everything when their crypto platforms collapsed.

Is cryptocurrency investing risky?

Cryptocurrency investing is risky. In addition to the price volatility and uncertainty about how the industry will develop, it is hard for investors to be sure about what cryptocurrency platforms are doing with their funds. Sure, some exchanges are transparent and honest. And regulators are trying to crack down on those with questionable practices.

What if your crypto investments don't work?

Open an account with a top stock broker and build a diversified portfolio with a mix of asset types and risk exposure. That way, if your crypto investments don't achieve everything you'd hoped, it will be a hiccup rather than a complete engine failure.