Cryptocurrencies are volatile

Before you start investing in any cryptocurrencies, it is important to consider the fact that cryptos are extremely volatile and therefore not an investment for everybody. It’s not uncommon for Bitcoin or any other non-stable coin to move by 20% or more over the course of a day. Due to its volatility Bitcoin might not be the right investment for you. Consider such investment as risk capital with a high risk/reward ratio. But still, consider it as a part of your overall asset allocation.