A business termilogy said and I quote: don't put all heads in the same basket, business itself involve taking a risk, but it's always good when the risk level is low, make research and ask questions regarding any crypto you want to invest on, but preferably I will advise you take your time to study the trend and understand before investing with your money, remember experience is the best teacher but its never good to learn from our mistakes, rather learn from others mistakes.

Crypto is wide and its so interesting that you keep learning everyday, take your time to learn first before investing and don't use all your life savings on same investment

Look for claims like these to help you spot the companies and people to avoid:

Scammers guarantee that you’ll make money. If they promise you’ll make a profit, that’s a scam. Even if there’s a celebrity endorsement or testimonials. (Those are easily faked.)

Scammers promise big payouts with guaranteed returns. Nobody can guarantee a set return, say, double your money. Much less in a short time.

Scammers promise free money. They’ll promise it in cash or cryptocurrency, but free money promises are always fake.

Scammers make big claims without details or explanations. Smart business people want to understand how their investment works, and where their money is going. And good investment advisors want to share that information.

Source link

https://www.consumer.ftc.gov/articles/what-know-about-cryptocurrency-and-scams

Is there any difference between bitcoin and bitcoin cash?