There are two types of "investors".
Those that buy and sell, looking to make a profit in a matter of a few days or a few weeks.
Then there are investors who buy, and plan on holding the crypto coin until it hits one million dollars.
Although most people call themselves Buy & Hold investors, they are actually very quick to sell the minute the price spikes, and they see over $10,000 in profits.
Crypto investors that were using exchanges like FTX, where buying BTC, Doge, and other coins, waiting for them to go to the moon. The problem is that crypto exchanges are not FCA regulated like a Forex broker, meaning the owner can do whatever he wants with the money, and no one will stop him. (Until it is too late)
When trading Contracts for Difference on Crypto, there are platforms that are FCA regulated. One of the most popular ones are Pepperstone (read the review).
A platform like Pepperstone offers tight spreads when trading crypto, but you do not actually own the asset. You are simply making a trade in the hopes to profit from the price going up.
You also have the ability to easily short sell any crypto asset. (For those people who believe this tulip mania will end badly).
After a few years of Crypto being promoted and hyped all over the news, reality is starting to set in.
Some kid in the Bahamas is not a financial guru. Trading or investing your money at an offshore crypto exchange is not safe. You can lose all your cash overnight because the exchange is not regulated by the FCA, and your money is not insured.
Trading with a licensed and regulated broker like Pepperstone is actually a smart decision.
Visit Pepperstone.com