Bitcoin has gone over $100,000 this year, and some analysts are predicting even bigger gains next year. With this, many financial advisors are recommending at least some caution, while investing in cryptocurrencies and making sure only a small portion of your overall portfolio is being used for investment.
Experts change their predictions with time. In bull market, they will lift up their predictions and price targets with time, and in bear market, they will turn to be bearish in predictions, lowering down their bottom price target too.
Are they experts by too volatility of their predictions?
They're not.
If you want to invest in Bitcoin, invest what you afford to lose, it's a first vital point before your start.
Next, make sure you know where to store your bitcoin safely: it's non-custodial, and open-source wallets.
Lastly, before funding your wallets, make sure you have wallet backups, test backups for recovery, even can fund a small amount as your test, before funding it with full capital you have for investment.
Beyond that, privacy matters, don't be noisy and put your self at risk of physical attacks.
