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5 steps for investing in cryptocurrency � 1. Understand what you're investing in � 2. Remember, the past is past � 3. Watch that volatility � 4. You'll need to open an account with a crypto exchange unless you already own cryptocurrency. The best crypto brokerages on the market include Coinbase, eToro. Making money through gaming in the crypto space typically involves playing blockchain-based games that have a play-to-earn model. To start.

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The volatility of crypto means that the value of your coins can go up or down quickly, and sometimes dramatically. Stay objective when evaluating crypto investments. Even though these coins are among the largest ones, they still have risk. Once you own it, you can store, manage, and even buy or sell your crypto in a wallet. Capital gains and losses must be reported whenever you sell or trade crypto assets.