we saw FinTech giants like MicroStrategy
In 2020, we saw FinTech giants like MicroStrategy, Grayscale, Square, Paypal, and more jump into crypto. With increasing institutional participation, Bitcoin is emerging as a store of value around the world.
Over the next few months, we’ll see crypto go mainstream much faster with more retail investors, and first-timers are entering the market. The most important thing that first-time investors should bear in mind is that crypto is a high risk, high reward investment option. You should invest based on their risk appetite.
While investing in Bitcoin and other cryptocurrencies, be mindful about the product you use. I’d strongly recommend using legitimate exchanges that follow KYC and AML guidelines. Like any other industry, it’s important to beware of get-rich-quick scams or people who promise to double the invested amount, etc.