How to invest in 'crypto'

To my new reader who asks about trading crypto

1. To invest in a highly volatile asset like Bitcoin, you need to understand its real fundamentals, such as why it’s decentralized and whether its code achieved this, or still inadequate. Knowledge of the asset’s mechanics is crucial. Otherwise when most people panic you could follow to panic sell/buy

Volatility isn’t necessarily negative; it indicates an immature thing with growth potential.

2. Bitcoin is already high-risk, so unless you have compelling reasons, avoid altcoins. They may promise higher returns, but their risks are even greater, and success is uncertain. If you can consistently predict Bitcoin’s price movements (e.g.,8 correct predictions of 10 movements ), you might consider exploring altcoins cautiously.

Options, when used strategically, can hedge some risk, but they are complex. i.e. not for newbie

3. Regarding XRP you asked: If you can’t clearly explain Ripple’s purpose and technical advantages to a layperson (like your grandma), didn’t acquire it at a low price (e.g., under $2…