#Crypto When the Pi Network Presale Is Announced, Major Currencies Will Collapse

Yes, investing in and trading in *cryptocurrencies* can be rewarding if handled with caution and good planning. But before you start, it is important to *understand the risks* that come with this volatile market. Here is a *useful strategy for investing in cryptocurrencies*:

*1. Education and Research*

Before you start investing or trading in cryptocurrencies, it is important to learn and understand the market well. It is essential to have knowledge of the most important cryptocurrencies, how the *blockchain* works, and how to *store cryptocurrencies*.

- *Start by understanding major currencies* such as *Bitcoin (BTC)* and *Ethereum (ETH)*, then study alternative currencies (*altcoins*) such as *Solana (SOL)* and *Cardano (ADA)*.

- *Follow news* related to cryptocurrencies and *technical updates*. News greatly affects *cryptocurrency prices*.

*2. Develop a clear investment plan*

It is essential to have a clear plan before starting any type of investment or trading. Determine the financial goals you want to achieve and determine the *time period* over which you intend to invest.

- *Long-term strategy (HODL)*: If you believe that cryptocurrencies will have a greater value in the future, you can buy the coins and hold them for a long time.

- *Short term strategy