With the talks around Web 3 touching new heights every day, there’s an immense FOMO among crypto enthusiasts regarding investments. Everyone wants to make the most out of crypto investments and hence jumps into it like anything. But market corrections often end up discouraging the investors because panic takes over. But what does that mean? Should one invest in crypto or not? Is it safe to invest in crypto? Ibinex is here to make things easy for you.
Crypto is something very modern and fresh. The good thing is that its constantly advancing itself and removing the limitations with time. The biggest plus is the promise and immense utility it holds for the future. So it’s safe to invest in crypto if you take care of the following points.
1) The utility of the coin you are investing in and its future.
2) Manage the monsters like Greed and Fear by going for a long-term approach.
3) Avoid FOMO by doing monthly SIPs. Try to resist buying when prices are going upwards. If you really want to do it, do your own research and if possible do technical analysis as well before taking the ultimate action.
4) Take benefit of the bear market by accumulating the most promising coins. But again, don’t go overboard.
Crypto investments are risky only when you don’t follow an objective approach and let your emotions drive your actions. When in the market never take action emotionally and you’ll be covered.
Ibinex is one of the best crypto exchanges around thanks to its user-oriented approach. The platform lets you buy crypto using your credit card and is an absolutely safe, completely regulated, audited and most importantly quick option to perform crypto-related transactions. The team keeps the safety of users’ money and transactions as the top priority and that too while ensuring low processing fees and high transaction speed.
Ibinex’s team of experts have built a number of sophisticated measures to prevent the theft of money or information. Furthermore, like a professional exchange, it offers financial stability, with full reserves, healthy banking relationships and the highest standards of legal compliance.
So whenever you feel like starting your crypto journey or want to change your approach, remember your friend Ibinex!