Recently, there have been many famous artists or figures making crypto coins. They also promote the coins through their social media.
Financial Planner from the Advisors Alliance Group Indonesia Andy Nugroho said if people really want to invest in crypto, they must remember the investment principles.
"The investment principle is high risk high return. Low risk low return. Now this crypto asset has a large profit potential, but automatically the potential loss is also large, this must really be considered," he said when contacted by detikcom, Saturday (19/2). /2022).
He said that the public must also remember that there is no guarantee that investment will continue to increase. "Whoever says that even the most famous person can't be sure that it will continue to rise, there must be ups and downs and potential losses," he explained.
According to Andy, if you already want to invest in crypto assets, you must be able to manage the funds to be invested.
For example, by dividing the portions of funds into several other instruments. So that if there is a loss in crypto assets there is still a backup of other instruments.
"In addition, if you want to invest in crypto assets, you should never use hot money, for example from borrowed debt or pawned goods. It has to be really cold money," he explained.
CORE Indonesia Research Director Piter Abdullah said that the public should not be tempted by the pompoms carried out by artists who have just issued crypto coins. That is, not just out of curiosity or fear of missing out (FOMO).
"You must first understand what crypto is, what is a coin, what is a crypto asset. If you really understand, then you can join. Don't let you don't understand everything but want to join. If you have problems, it can be dangerous later," he explained.
Piter said that the community should first learn what is happening at this time. So when you understand the mechanism and how crypto assets work, don't blame the regulator or regret the situation.
@juninhoo