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How do I hold onto my cryptocurrency?
A relatively simple way to hold onto your cryptocurrency is to outsource the storage to the exchange where you bought it or where you plan to trade it. Many leading platforms offer storage services, often enticing customers to do so with rewards and "staking" programs that allow them to earn more cryptocurrency.How to invest in crypto?
Stick with well-known, regulated exchanges such as Coinbase, Kraken or Binance, to buy and hold crypto investments — at least to begin with. Digital wallets that allow a person to hold crypto without the involvement of an intermediary are often associated with crypto and considered a perk of the decentralized finance space.Are there any guarantees in crypto?
While there are never any guarantees in crypto, there are two cryptocurrencies I'm buying and holding forever. 1. Bitcoin Bitcoin ( BTC) is the oldest cryptocurrency, which means it also has the longest history of recovering from downturns. It's faced some nasty slumps in the past, too -- some of which make this crash seem mild.Should you trust a third party to store your cryptocurrency?
Many leading platforms offer storage services, often enticing customers to do so with rewards and "staking" programs that allow them to earn more cryptocurrency. Entrusting your cryptocurrency to a third party involves some risk.