I like the last two tips very much! People forget that it's possible to earn crypto as simple as you can earn USD or any other currency... I'm not talking about trading here, but creating content, playing games, programming for crypto, designing, even being just physically active, and many other ways...
And you are right about YouTubers... Most of them know about crypto, but their main source of income is ads from the videos and not "smart investing" from their own tips...
The risk is also super high as cryptocurrencies are extremely volatile so when corrections happen, they are in the range of 30% to 50% and that can easily wipe out the profits of investors.
As time passes by, we should ask ourselves, IS THIS TRUE? I mean, yes, crypto is volatile, but is it really riskier than investing/saving fiat money? With crypto, in the long run, I'm almost 100% sure that the value of my asset will go up... and for saving fiat money, I'm 100% sure that I will lose 10% of it EVERY YEAR... That's a fact...
These mantras about risky crypto spread through mainstream media washed our brains... They are using that old trick every time... 100 times repeated lie, becomes truth...
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RE: Crypto portfolio in the red after this crash? Unsure about the future direction of crypto? Here are few things you should do