# How to invest in cryptocurrency #### Helpful tips for investing in crypto Are you looking to invest in cryptocurrency? Well, you’ve come to the right place. With our helpful tips, you can start trading crypto in no time! We’ve compiled a list of helpful tips for you to consider before you start investing: **Market research.** You should research all of the tokens you’re planning on investing in, and learn as much about their history and market value as you can. You should also look into the type of trading platform you’d like to use, we have a helpful article about [CEXs vs DEXs](https://bitoftrade.com/blog/dex-vs-cex-know-where-to-trade) to guide your research. **Assess risk.** Trading crypto is exciting and it can be easy to get carried away, so we recommend only investing in what you’re willing to lose. Assess the financial risk before executing any trade as this ensures you don’t make losses you can’t afford. **Using a crypto wallet.** Before you can start trading like a pro, you’ll need a crypto wallet! Think of a crypto wallet as similar to a virtual wallet, except it stores the public and private keys for cryptocurrency transactions. The most popular Ethereum wallet is MetaMask. Check out our handy video on installing below. You can also use your Trust Wallet on our platform. **Diversify your portfolio.** Holding more than one token reduces the risk of losing all of your assets. If you invest everything in one token, and it sees a huge value drop in the market, you risk losing everything. This is why we offer all tokens over multiple networks on our platform—so you’ll have plenty to choose from! {% embed url="" %} For more tips on investing, read our educational articles about crypto: * [How to Trade Crypto Responsibly: Tips for Beginners](https://bitoftrade.com/blog/how-to-trade-crypto-responsibly-tips-for-beginners) * [How to Make Money with Cryptocurrency and Increase Your Profits?](https://bitoftrade.com/blog/how-to-make-money-with-cryptocurrency-and-increase-your-profits) * [Best Day Trading Crypto Strategies 2022: Ultimate Guide](https://bitoftrade.com/blog/best-day-trading-crypto-strategies-2022-ultimate-guide) * [How to Earn Crypto Passive Income](https://bitoftrade.com/blog/how-to-earn-crypto-passive-income) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bitoftrade.com/guides/general/how-to-invest-in-cryptocurrency.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.