Even the best crypto traders play safe with their savings let alone plunging their lifetime savings into it.
What i mean to say is that plunging all of your savings into cryptocurrencies is a bad idea. Start with the amount that you can do without and make out a plan to grow it into that Vault of crypto you've always wanted it to be.
Cryptocurrency remains the fastest way to loose a million dollar and also the fastest way to gain such amount.
Kindly apply due diligence in all you do.
I agree with you, nonetheless if you put up all your money into crypto, you are risking it all with a 50-50 of chance of loosing and gaining. As mentioned above, though it is faster to gain more money, the risk of the market fluctuating exponentially is much more alarming. After all no one can predict if the market will continue to rise, halt and fall.
The safest and smartest way is to set some into crypto investment and the other is for backup if anything goes wrong making you not getting into a financial trouble. It is not a bad idea to gain a little but loosing a lot is very worrying.
So, in short dont be too greedy and betting all your asset just to gain more, the risk is bigger even though its 50-50.
