The recent falling price follows President Joe Biden on Monday signing a $1.2 trillion infrastructure bill into law, which contained provisions that could have significant tax implications for some crypto investors.
Because there’s no guarantee that any crypto’s value will increase, experts advise to never invest more than 5% of your portfolio in cryptocurrency.
If you’ve met all of those benchmarks, the best thing you can do is ignore the hype around new record highs or lows.
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