Five Tips For Safe And Beneficial Crypto Asset Investment For Beginners

Crypto illustration. (Photo: Pixabay)

JAKARTA - The crypto industry continues to experience rapid growth with increasing public interest in investing in digital assets.

Data from CoFTRA shows the addition of customers of 141.8 thousand crypto assets in June 2023 with a total of 17.54 million registered subscribers.

Meanwhile, the value of physical trading transactions for crypto assets during June 2023 was recorded at IDR 8.97 trillion, an increase of 9.3 percent compared to the previous month.

Many investors are interested in taking advantage of the high growth potential of the crypto market. However, for beginners, investing in crypto assets can be a frightening challenge.

In response to this, Rieka Handayani, Tokocrypto VP of Corporate Communications, said it was important for novice investors to understand the basic concept of crypto with a careful approach and sufficient knowledge, to overcome their fears and take advantage of the opportunities offered by the crypto market.

Here are five tips for investing in secure and potential crypto assets:

Understand The Ins And Outs Of Crypto

Learn in detail about crypto before investing. Know what blockchain is, how crypto assets work, and identify the risks. "Crypto investment is not about getting rich quickly, but understanding technology and its ecosystem. That is the key to investment success in this field," said Rieka.

Start With Small Investment

For novice investors, it is recommended to start small amounts. Do not invest money that cannot be borne by the loss.

Crypto Asset Diversification

Don't put all investments in one type of crypto. Diversification of portfolios of investors with various types of crypto.

Routinely Monitoring Markets

There is no definite formula in investing in crypto, but routine monitoring will help gain insight and make strategic adjustments.

Use Safe Platforms

Use a secure and regulated crypto asset trading platform in Indonesia. By using a safe platform, you can maintain security and trust in crypto asset transactions.