As Halloween approaches with its haunted houses and spooky surprises, it’s easy to get caught up in things that go bump in the night. But when it comes to crypto investing, there’s no need to fear what lurks in the shadows — especially the concept of 24×7 trading. While the thought of a market that never sleeps might send chills down your spine, it’s actually one of crypto’s biggest strengths. Instead of being scared by the nonstop nature of crypto markets, investors should see it as an exciting opportunity to grow their portfolios — especially with the help of a skilled crypto advisor who can guide you through the complexity.
Unlike traditional stock markets, which close at 4 p.m., aren’t open on weekends, and take holidays off, crypto markets never sleep. This gives investors the freedom to trade at any time, regardless of where they are in the world. For many, this freedom may seem overwhelming and, paradoxically, may limit their participation. After all, who wants to be on alert around the clock, monitoring prices and making snap decisions? In traditional markets, significant events, partnerships or regulatory updates can be researched and synthesized during non-market hours. This allows investors to create a well-formulated plan and be prepared to act accordingly when markets open. In crypto, however, prices can move at any time. You may have loved Solana at $150 on Friday night, but how do you feel about it at $185 on Sunday morning? This is a unique dilemma that crypto investors constantly face; you often need to act early and with conviction or risk being left behind. If this inundation of information seems like taking a drink from a firehose, having a crypto advisor can provide a significant advantage. An advisor can afford to devote most of their time to a 24/7 market because this is their profession, whereas most investors will have a completely unrelated profession that takes up most of their waking hours.
For many new investors, this nonstop, volatile market leads to overreacting to every new piece of information and overtrading their accounts. For the majority of investors, your crypto portfolio is like a bar of soap: The more you handle it, the less of it you have. That’s why having a trusted professional can pay dividends. Many people benefit from having a crypto advisor oversee their portfolio while they focus on more important things in their lives. Having someone to safeguard your investments while you check in periodically can greatly improve your performance — and your sanity — over time.
If you’ve been in crypto long enough, you’ve probably made some decisions you wish you could take back. The fear of missing out (FOMO) has wrecked many new investors. You see a token appreciating 10x in a few days, and people on social media are saying this rocket won’t stop until it reaches the moon. So, you buy in — only for it to crash. Or, perhaps you’re holding a token that’s down 90%, and you decide to sell to cut your losses, only to see it soar a few weeks later. Taking a step back and seeing the bigger picture is essential, but that can be hard when you have emotional ties to your holdings. This is another area where an advisor can provide great value. Advisors take a professional, long-term approach to investing, helping clients avoid emotional reactions to market movements.
For new investors, crypto markets can seem overwhelming — especially when combined with the constant activity of 24×7 trading. Between technical analysis, global news and wallet security, it can be easy to feel lost. Many investors tend to overanalyze their situation and try to develop a unique strategy, but a trusted advisor can help cut through the noise. Advisors work with many different types of investors, so while you may think your situation is unique, an advisor will recognize patterns that align you with similar investors. They can craft a portfolio that gives you autonomy while ensuring your strategy matches your risk profile and investment horizon. This simplifies the management process and sets you up for long-term success without the need to react to every piece of market or personal news.
While investing in crypto may seem scary at first glance, including this asset in a diversified portfolio can be one of the biggest advantages for an adventurous investor. And you don’t have to face it alone. Partnering with an experienced crypto advisor allows you to navigate this market with confidence, strategy and peace of mind.
The Netherlands launched a consultation on Thursday on a bill that would require crypto services to share their users’ data with tax authorities. This development highlights the increasing regulatory scrutiny that crypto is facing worldwide. It’s essential for advisors to stay informed about such regulatory changes to provide the best guidance to their clients. By understanding the evolving landscape of crypto regulations, advisors can help clients navigate potential pitfalls and ensure compliance with the law.
In conclusion, don’t let the fear of the unknown hold you back from exploring the world of crypto investing. With the right guidance from a trusted advisor, you can embrace the opportunities that this market presents and build a successful investment strategy that aligns with your goals. Remember, knowledge is power, and by staying informed and working with a professional, you can navigate the complexities of crypto with confidence and peace of mind.
