How much shall you invest in cryptocurrency?

The amount that you should invest in crypto depends on your individual financial situation, risk tolerance, and investment goals. As with any investment, it is important to consider the potential risks and rewards carefully and only to invest an amount that you can afford to lose.

If you are new to investing in crypto, it may be a good idea to start with a small amount and gradually increase your investment over time as you become more comfortable with the market and gain a better understanding of the risks and opportunities.

Some financial experts recommend that investors allocate no more than 5-10% of their portfolio to crypto, while others suggest a more conservative approach of 1-2% or less. Ultimately, the appropriate allocation will depend on your individual financial circumstances and investment objectives.

It is also important to diversify your investments and not to put all of your money into a single asset or cryptocurrency. This can help to spread out risk and potentially mitigate losses in the event of a market downturn or unexpected events.

Overall, investing in crypto can be a potentially lucrative but high-risk opportunity. It is important to do your research, stay informed about market developments, and only invest an amount that you can afford to lose.

The article does not constitute financial advice.

Start with crypto today

Sign up on NBX, a trusted Norwegian cryptocurrency exchange and custodian, and kickstart your crypto journey safely.
Crypto 101
Explore the most popular crypto terms and find answers to your questions.

What is an option and why should I care?

Read

What are stablecoins?

Read

What is Bitcoin mining and Proof-of-Work?

Read

How is Bitcoin network secured?

Read

What is a time horizon?

Read

How much shall you invest in cryptocurrency?

Read

How long does it take to mine 1 bitcoin?

Read

How to start saving in crypto?

Read

How to mine Ethereum?

Read
Blog

Insights, Trends, Analysis

Unraveling the cryptocurrency industry revolution.
#crypto101

Norwegian Block Exchange Catalyst F13 votes

Norwegian Block Exchange Catalyst F13 votes are summaried in this blog entry.
2 Minutes
2024-12-10
#crypto101

Adoption of USDM in the Cardano community and NBX trade of USDM in Q4 2024

This article explores the growing adoption of USDM within the Cardano ecosystem and provides an update on NBX's plans to launch ADA/USDM trading now soon in Q4 2024.
2 minutes
2024-10-28
#crypto101

Women in the Cardano ecosystem

NBX takes a look at some of the women that makes the Cardano ecosystem.
2 minutes
2024-10-15
Cookie Consent

By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.