The popular cliche "Do not put all of your eggs into one basket" is often quoted in terms of investing. And for good reason. You need to diversify by mixing various market sectors: currencies, stocks, commodities and cryptocurrencies. Exposing yourself just to one currency pair or a stock, or commodity leave you in depolorable position. Other securities can trend well, while your position can go down. You can change that by distributing your funds among various above mentioned investment options. For that, you will need a good broker with a large variety of assets to choose from.
eToro offers a number of cryptocurrencies. Check them out.
Disclaimer: Cryptocurrencies can fluctuate widely in prices and are therefore not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework.
The good news is that with eToro you can diversify investing both in various funds, or by simply copying successful traders. It does not cost you anything. Just choose the fund or trader you want to copy. Click "INVEST" and you are done. That is job being done, without you doing the job. There are thousands of popular investors trading with the broker and you can follow anyone of them.
Of course, if you want to trade for yourself and eventually become a popular investor on eToro, no problem. Just be sure you have enough funds in your investor account as traders under 200 US dollars cannot participate in the copy system program.
Disclaimer: All trading involves risk. Only risk capital you’re prepared to lose. Past performance is not an indication of future results. This content is for educational purposes only and is not investment advice.