How to Invest in Cryptocurrency: A Beginner’s Guide to Crypto Investing

Welcome to the whirlwind world of cryptocurrency, where the potential for high-stakes gains could have you seeing dollar signs in your dreams! If you’re a newbie ready to dive into the digital coin pool, but feel like you’re swimming in tech jargon and market mysteries, fear not. Our beginner’s guide to crypto investing is the lifebuoy that’ll keep you afloat. We’ll break down the basics, offer up some savvy strategies, and ensure you’re primed to navigate the riptides of crypto markets with confidence. Let’s turn those crypto curiosities into investment realities!

Understanding the Basics: How to Invest in Cryptocurrency for Beginners

Diving into cryptocurrency investing can be a thrilling experience for a beginner, packed with learning opportunities and the potential for financial gain. To start investing in the world of digital currencies, you don’t need to be a finance guru, but grasping the basics is crucial. The guide to starting your investment journey in crypto is not just about buying low and selling high; it’s about understanding what you are getting into and aligning it with your personal finance goals. For any beginner, the key is to invest responsibly and use guidance and resources available to skilfully navigate the high seas of crypto markets.

When beginning, it’s important to do your homework and not just dive headfirst into the investment pool. There are countless resources available for a beginner to learn about cryptocurrency investing, which can help you make informed decisions. Crafting a strategy that fits your personal risk tolerance and financial objectives is the first step before you invest a single dollar. Cryptocurrency investing may seem complicated at first, but with the right guidance, any beginner can gradually grow their understanding and confidence.

Investment opportunities in crypto can range from buying popular coins like Bitcoin or Ethereum to exploring altcoins or initial coin offerings (ICOs). However, remember that the crypto landscape is volatile, and while the possibility of significant returns exists, so does the risk of loss. Personal research is your best tool; absorbing knowledge about market trends, technology behind cryptocurrencies, and security measures before you invest will pay dividends in the long run. A key aspect of responsible investing for beginners is to never invest more than you can afford to lose.

Realize the importance of digital wallets and crypto exchanges where you’ll hold and trade your investments. Security should be at the forefront of your mind since cryptocurrencies are a prime target for hackers. It’s wise to look into personal security practices that protect your investment, like using two-factor authentication and keeping the majority of your assets in a cold storage wallet.

Lastly, be patient and consistent. Investments don’t always yield overnight success, especially in the erratic world of cryptocurrency. It’s a marathon, not a sprint, and the beginners who often succeed are those who have the persistence to stay the course despite the ups and downs. With these insights and the right resources, you’re now ready to take your first step into cryptocurrency investing. Remember, start with learning; the more you know, the better equipped you’ll be to make savvy investment choices that align with your personal financial journey.

Deciding Where to Start Investing in Cryptocurrency: A Beginner’s Assessment

When you’re gearing up to take the plunge into crypto investing, it’s crucial to figure out where you stand financially. Unlike the stock market, which has been around for ages, cryptocurrency is relatively new on the scene. However, both arenas require a solid financial foundation before you start pouring money into them. Now, you might be wondering where your credit score comes into play. Honestly, while a credit score is key for traditional loans and credit applications, it isn’t directly tied to your ability to invest in cryptocurrencies or stocks.

But here’s the twist—having a strong credit score can be indicative of your overall financial health. So while your score itself isn’t buying any Bitcoin, it’s wise to make sure you’ve got your financial ducks in a row. Debt management and a good credit score often suggest you’re financially literate enough to dive into investment. And let’s not forget that sometimes, your investment journey might mean getting financial advice from a pro.

As you’re considering investing, whether in stocks or crypto, remember that investment is a marathon, not a sprint. The stock market has been the go-to for many investors, but cryptocurrencies have shaken things up with their potential for high returns (and equally high risks). It’s a space that’s constantly evolving, and keeping your finger on the pulse could give you an edge. Just like financial advisors suggest for stocks, don’t put all your eggs in one basket—diversifying your investment portfolio is smart, whether you’re buying shares or Satoshi.

Now, investing in cryptocurrencies can feel like uncharted territory, but don’t sweat it. Before stashing your cash in crypto, do your homework. Understand the ins and outs of the cryptocurrencies you’re eyeing. You wouldn’t buy stocks based on a hunch, right? Apply that same thought process to crypto. Look for reputable platforms and exchanges for trading, tick to trustworthy sources for financial advice, and remember that while it’s digital currency, it’s still real money at stake.

Ultimately, your journey in crypto investing should start with a realistic assessment of your financial scene. Can you afford to invest, bearing in mind that every investment includes risks? Are you ready for the roller coaster that crypto can be? And do you have that balance between being adventurous and cautious—an essential trait for any savvy investor? Just like in the stock market, the goal is to invest smart and maybe, just maybe, come out on the financial upswing. So take a deep breath, consider your financial position and your readiness to take on a new investment avenue. Then, once you’re confident, take the leap and join the ranks of cryptocurrency investors.

Navigating Cryptocurrency Investments: Choosing a Broker or Crypto Exchange

Investing in cryptocurrency can often feel like we’re venturing into the wild unknown, especially with the constant buzz around blockchain technology and incessant chatter about market fluctuations. But chill out; it’s not as intimidating as it sounds when you break it down. First things first, you’ve gotta decide whether a broker or a crypto exchange is your go-to financial service for diving into the crypto pool. Getting into crypto investing means understanding that while brokers often provide a more guided and regulated experience similar to the familiar realms of the stock market, crypto exchanges offer you a more hands-on and direct access to the crypto wild west.

So, why would you choose one over the other? Well, exchanges are the heavy hitters in the cryptocurrency game, providing a plethora of coins to buy, sell, and trade with all the bells and whistles of blockchain-based platforms. They open up a playground where investors, both newbie and seasoned, can immerse themselves in the financial services of the future. When you’re picking out an exchange, it’s crucial to compare fees, security, ease of use, and the range of currencies on offer. Remember, each exchange has its own vibe, and you gotta feel it out to see which one jives with your investment style.

On the flip side, if you’re more into a laid-back approach, a broker that dabbles in cryptocurrency might be more up your alley. These services often mirror the stock market environment, providing a more traditional investing experience with a splash of crypto excitement. They can be less intimidating for folks who are used to stocks and want to dabble in cryptocurrency without going full blockchain enthusiast. However, financial services like these might not offer the same depth as exchanges in terms of crypto options, so definitely compare what’s on deck before you take the plunge.

Regardless if you choose an exchange or a broker, what’s non-negotiable is ensuring your financial security. This means doing your homework, comparing service provider credentials, and understanding the platforms that safeguard your investments with top-tier security measures. Let’s face it, blockchain’s a tough nut to crack, so you wanna make sure whoever’s holding on to your precious coins knows their stuff. And while diving headfirst into investing might give you an adrenaline rush, the real thrill comes from riding the crypto wave with confidence, knowing you’ve made a savvy choice on where to invest.

In the bustling world of crypto investing, both brokers and exchanges are pivotal. But always remember, like any investment, especially in the fast-paced crypto market, there’s no guaranteed win. Stay informed, vigilant, and ready to pivot as the market swings. So go ahead, compare the various services, consider how deeply you want to wade into the blockchain waters and make a choice that aligns with your investing comfort zone. Ready to dive in?

Creating Your Investment Portfolio: Deposit Cash to Invest in Cryptocurrency

Alright, so you’re now up to speed on the basics of investing in cryptocurrency, and you’re itching to get your feet wet. The thrill of joining the crypto world is just ahead, but first, let’s chat about how to fill up your investment portfolio with some digital dough. Investing in Ethereum and other cryptocurrencies begins with depositing cash into your shiny new account. Think of it as fueling up before a big journey—your adventure can’t start without some gas in the tank! Now, depositing cash into your finance accounts sounds like a breeze, but let’s make sure we’ve got all the steps down pat.

First off, you’ll need to pick a place for your funds to kick back and relax—that’s right, choosing a broker or a crypto exchange that’s secure and fits your investment needs. You’ve already given this some thought, right? Cool. Now, once you’ve settled on your go-to platform, it’s all about linking your bank account or opting for another deposit method. And just like that, you’ll be ready to funnel some cash into your investment account.

Keep in mind, that each crypto platform might have its own set of steps, but they’re generally pretty user-friendly. Plus, they’ll hold your hand through the process – figuratively speaking, of course. You’ve gotta dig into those accounts details, set up your preferred way to deposit cash, and decide how much dough you’re willing to invest. It’s smart to start with an amount you’re comfy with—no need to go all-in from the get-go!

Now, when it comes to Ethereum’s potential, we’re talking big. This is why it’s nabbed a sweet spot in many crypto enthusiasts’ portfolios. If you’re looking to add some Ethereum to your own portfolio, you’ll need to make sure your account is primed with some cash to snag that digital asset. Remember, Ethereum’s price can be super volatile, so keep an eye on the market as you plan that perfect entry point. But hey, that’s crypto for you—thrilling, unpredictable, and brimming with opportunity!

Ultimately, creating a diverse investment portfolio is key. Spread your chances and don’t throw all your cash into one cryptocurrency basket. Deposit enough cash to explore various options—this could mean investing in Ethereum alongside other promising digital currencies. Always be mindful of your overall investment strategy, consider the risks, and you’ll be well on your way to navigating the exciting waters of cryptocurrency investments. Ready to make that deposit and dive into the world of crypto? Your newfound knowledge will be the anchor that helps keep your financial ship steady. Let’s get that investment portfolio glowing with potential!

Investment Strategies: When to Invest in Bitcoin and Other Cryptocurrencies

So, you’re lookin’ to dive into the world of crypto, right? Awesome, let’s chat about investment strategies and market timing to help you decide when’s the best time to buy bitcoin and other cryptocurrencies. First things first, there’s no one-size-fits-all answer, but there are some clever strategies you can employ to make informed choices. It’s crucial to understand that investing in crypto can be a rollercoaster ride, so strap in and let’s get to it.

Picture bitcoin and its crypto pals as a bunch of balloons. Sometimes they soar high, and other times they can dip low. It’s all about knowing the right time to grab ’em. Before you buy, take a hard look at the market trends and news, and don’t just follow the hype. Thinkin’ long-term is often wise, considering the historical growth of bitcoin over several years. But if you’re feelin’ edgy, short-term plays could be your jam, though they come with higher risks.

The trick to investing is to avoid puttin’ all your eggs in one basket. Diversity is your best pal in the cryptocurrency playground. Spread out your investments across different cryptocurrencies. And, if your guts are tellin’ you it’s a sweet spot, it might just be a good time to buy. Keep your eyes peeled for market dips; those can be prime times for investing, as you could snag some crypto at a lower price before it bounces back up.

Strategies like dollar-cost averaging, where you regularly invest a fixed amount, can smooth out the highs and lows over time, making it a smart move for the long haul. Also, don’t overlook the potential of mixing it up with altcoins. They might not always have the spotlight like bitcoin, but they could give you a sweet deal under the right circumstances. And, something vital for all you crypto beginners: always, always do your homework before you buy. The time you put in learning now could save you a headache later.

Alright, don’t forget – crypto’s about as predictable as the weather. So, while you’re getting your strategy in place, make sure you’re only investing what you’re cool with possibly losing. It’s a thrilling ride, but safety first, folks! Whether you’re into bitcoin or digging other cryptocurrencies, the key takeaway? Be smart, stay informed, and don’t rush your moves. Happy investing!

Securing Your Investment: Select a Storage Method for Your Cryptocurrency

Alright, you’ve dipped your toes in the crypto pool, so now it’s time to chat about keeping those digital coins safe and sound. Securing your cryptocurrency is kinda like protecting a treasure map, where your private keys lead the way to your precious tokens. Let’s dive into the world of crypto storage, because there’s nothing more important than the safety and security of your investment.

First things first, a digital wallet is your best buddy when it comes to crypto. Think of wallets as your personal safes for cryptocurrency. They come in different shapes and sizes, and selecting the right wallet, or should I say, wallets, will give you peace of mind. You’ve got options like online hot wallets that are super convenient for quick access but may be vulnerable to online threats. Then there are hardware wallets, which are the Fort Knox for securing your crypto. These nifty devices store your private keys offline, making them a tough cookie for hackers to crack.

Paper wallets can seem old school, but don’t knock ’em till you try ’em! They’re literally a piece of paper with your private keys printed on them. Just make sure you keep it as secure as any other valuable paper in your life. And speaking of storage, we can’t forget about considering the security of your investments—security that comes in the form of different methods like ETFs. Crypto ETFs are a way to dip into the market without directly holding the token, but remember, they have their own set of risks and perks.

When it’s time for selection, think of it like a dating app for your crypto. You gotta pick the one that matches your needs for security and accessibility. Do you want a wallet that’s always connected to the net for that on-the-go lifestyle or something more like a savings account with a hardware wallet or paper wallet for secure, long-term storage? It’s all about finding the perfect balance.

The takeaway here? Whether it’s a swanky hardware wallet, a humble paper wallet, or diversifying through ETFs, make sure you’re cozy with your method. Your digital treasure deserves the best security out there. Oh, and by the way, while we’re on the subject of securing your investment—always, and I mean always, double-down on the safety of your private keys. No keys, no cheese, if you know what I mean. Choose wisely, take steps to secure your wallet, and happy investing in the ever-exciting world of cryptocurrency!

The Role of Bankrate in Your Cryptocurrency Investing Journey

Embarking on your cryptocurrency investment journey can feel like setting sail into unknown waters. With buzzwords flying around and the stakes as volatile as crypto prices themselves, getting your bearings is critical. Here’s where Bankrate trots on stage. Think of Bankrate as your trusty compass in the vast ocean of personal finance resources. This financial haven serves up a smorgasbord of tools and insights that cater to both beginners and the more seasoned sailors on the investment sea.

Now, why is Bankrate pivotal to your journey, you ask? Well, this platform takes the role of a knowledgeable matey who’s been around the block. Bankrate doesn’t just dish out general financial education; it specializes in translating the cryptic language of cryptocurrency into plain English. Whether you’re scratching your head over blockchain technology or you’re on the fence about which digital currency to invest in, Bankrate breaks these concepts down into digestible chunks.

Moreover, considering the choppy waters of investing, having a reliable source of financial guidance is akin to spotting a lighthouse in foggy weather. Bankrate’s resources empower you to build a personal finance foundation so solid, you could weather any storm. It guides you through investment strategies, helping decide when to dive into Bitcoin or other cryptocurrencies and when to maybe sit on the shore.

What’s more, Bankrate isn’t just about the ‘how’ and ‘when’ of investing; it’s also big on the ‘where.’ Picking a broker or crypto exchange can be daunting for beginners, but Bankrate lays out your options with unbiased reviews and comparisons. This ensures that when you’re ready to deposit cash to invest in cryptocurrency, you know you’re doing it through a portal that’s secure and right for you.

And let’s not forget about securing your investment. Selecting a suitable storage method for your cryptocurrency is as critical as choosing the crypto itself. Bankrate strides in with advice on wallets and security measures, ensuring your digital treasure isn’t easy pickings for pirates. Ultimately, they reinforce the role of being financially wise and cautious in a realm where fortunes can turn with the tide.

Let’s face it, your investing journey could be smooth sailing or a bit rocky, but with Bankrate’s financial insights as your guiding star, you’re better equipped for the voyage. So, chart your course, hoist the sails, and let Bankrate help steer you towards a future where your investment choices aren’t just shots in the dark, but informed decisions made with confidence.

Diversifying Your Portfolio: Related Investments and Kubera as a Tool

When diving into the world of cryptocurrency investments, it’s crucial to chat about diversifying your portfolio. You don’t wanna put all your digital eggs in one crypto basket, right? A well-rounded portfolio often includes a mix of cryptocurrencies, stocks, ETFs, and sometimes even tokens, keeping related investments in mind. Think of diversification as your personal finance seatbelt. It’s a way to protect yourself in the thrilling ride of the business and investment world.

Diversifying isn’t just about piling up different assets; it’s about balance. Each investment type, from traditional stocks to alternative investments, adds its own flavor to the mix. This strategic approach to personal finance is all about spreading risk and snagging opportunities where you can. Pop some stable stocks and reliable ETFs next to those potentially volatile cryptocurrencies to keep things steady.

But hey, keeping track of all these investments can be a real noodle-scratcher. That’s where Kubera comes into play. Kubera’s a nifty tool that lets you manage your entire asset portfolio in one slick dashboard. It’s like the swiss army knife of portfolio management – a hub for monitoring how your cryptocurrencies are doing alongside your other investments. With Kubera, you can get a bird’s-eye view of your financial landscape, so you know when to hold, sell, or buy more assets.

If you’re thinking about diversifying your investments, consider factoring in related assets. These could be businesses operating in the cryptocurrency space or companies closely tied to blockchain technology. These related investments can give you exposure to the crypto world without needing to buy cryptocurrencies directly. It’s a savvy move to weave into your personal finance tapestry.

Remember, whether you’re dealing with cryptocurrencies, stocks, ETFs, or alternative investments, it’s not about hoarding – it’s about investing wisely. Tools like Kubera can keep you on top of your game, ensuring that every piece of your investment portfolio is working hard for you. So as you build and diversify your assets, take advantage of tools that simplify the process and give you the insights you need to power your investment decisions. That, my friends, is how you play the smart game of personal finance and business!

Cryptocurrency Investing FAQ: Answering Key Questions for Beginners

Embarking on your cryptocurrency journey might feel like exploring uncharted waters—exciting but a tad overwhelming. Don’t let the buzz of Bitcoin’s rise or Ethereum’s smart contracts cloud your investing gut. Let’s dive into the frequently asked questions, providing you with clear, straightforward answers and helping you take the first steps with confidence. How do you start, you ask? It’s key to arm yourself with a solid knowledge base. Understand the volatile nature of cryptocurrencies and brush up on the differences between Bitcoin and Ethereum’s offerings, as each has its place in a well-balanced portfolio.

Beginners often ponder whether they are making the right call by jumping into this digital currency saga. It’s essential to assess which cryptocurrency aligns with your financial goals, so don’t skip the homework. ‘Where?’ is the next big question on our FAQ. Finding a trusted broker or a secure crypto exchange is paramount for investing with peace of mind. Remember, the resources you choose can make or break your crypto experience.

Now, after deciding where, you’ll need to create an investment portfolio. Deposit cash to invest and contemplate your approach—are you going to ride the waves with Bitcoin or potentially exploit Ethereum’s adaptability? Your investing strategies should reflect your risk tolerance and long-term goals. For when to invest, tuning into market trends without trying to time the market is a wise approach to adopt.

Let’s not forget about securing your investment. Opting for the right storage method is crucial. While some prefer keeping their digital assets in the exchange’s wallet, others might choose a personal hardware wallet for an extra layer of security. You’ll find this guidance and more through resources like Bankrate, which can help newbies navigate the crypto waters with ease and caution.

Another vital aspect to consider is portfolio diversification. When investing in cryptocurrencies such as Bitcoin and Ethereum’s various applications, don’t put all your digital eggs in one blockchain basket. Tools like Kubera can assist you in managing and diversifying your assets effectively. All this is to say, the knowledge you shape up now can help bring clarity to your investing escapades and hopefully pave the way to a bright crypto-future. Stick to this FAQ, and you’ll have the answers you need to begin without breaking a sweat! And that’s what this beginner’s guide is all about—giving you the know-how and support to embark on your investing adventure.

Rank	Cryptocurrency Token	Percentage of Growth
1	Bitcoin (BTC)	45%
2	Ethereum (ETH)	30%
3	Binance Coin (BNB)	25%
4	Cardano (ADA)	50%
5	Solana (SOL)	60%
6	XRP (XRP)	20%
7	Polkadot (DOT)	35%
8	Dogecoin (DOGE)	15%
9	Shiba Inu (SHIB)	80%
10	Terra (LUNA)	65%

Analyzing Pros and Cons: Is Cryptocurrency a Wise Investment for Your Money?

When you’re on the brink of venturing into the intriguing world of cryptocurrency investing, it’s crucial to weigh the pros and cons to assess whether it aligns with your money goals. Evaluating whether cryptocurrency is a wise investment demands a deep dive into the analysis of its potential risks and returns. So, let’s break it down. On the pro side, cryptocurrency offers an innovative investment avenue that can boast substantial returns. Folks who’ve invested in crypto early have sometimes seen their money skyrocket in value, leading to immense returns that traditional investments can’t typically match.

But let’s chat about risk. Investing in cryptocurrency isn’t a walk in the park. The market’s known for being super volatile, and while that can mean rapid value hikes, it can swing the other way, too, sometimes causing your money’s worth to shrink before your eyes. It’s this unpredictability that makes decision making in crypto investment kinda tricky. You can’t just look at past returns and expect history to repeat itself; crypto demands a forward-thinking assessment of its potential worth.

Let’s also think about the practical side of crypto investments. Are you gonna use a broker or a crypto exchange? That’s where some solid research comes in. Creating your investment portfolio could start with a cash deposit into a choice platform, but securing your investment is paramount—choosing a storage method to protect your money is essential in the crypto realm. Beyond that, sophisticated tools like Bankrate or Kubera can guide your strategy and help you diversify with related investments, maximizing the value of your money.

Investment strategies often revolve around timing—when to invest in Bitcoin or other cryptocurrencies. And here’s the kicker: there’s no one-size-fits-all answer. It’s all about personal risk tolerance and making a wise choice that complements your overall investment strategy. While the promise of high returns can be tempting, it’s vital to remember that high return potential comes with high risk. As a beginner, you might be wondering if it’s worth piling your hard-earned cash into something as enigmatic as crypto. Bottom line—don’t let FOMO drive your investments. Instead, focus on understanding the pros and cons, carry out a thorough analysis, and always keep the term ‘risk management’ close to your heart and wallet.

In conclusion, deciding whether cryptocurrency is a good fit for your investment portfolio comes down to a personal money choice. No investment is without its cons, but for those willing to engage with cryptocurrency with an open mind and a cautious approach, the returns could potentially be worth the venture. Remember, assessing the worth of any investment begins with education. So keep on learning, keep questioning, and let that knowledge inform your investing decisions. And finally, always remember, managing your money wisely is the most critical investment you’ll ever make.

So there you have it, future crypto gurus—a crash course in diving into the digital currency pool. Remember, exploring the crypto world can be thrilling, but it’s wise to wade in with caution and arm yourself with education. Start small, think long-term, and never invest more than you can afford to lose. With patience, diligence, and maybe a touch of that newbie luck, you might just find yourself swimming smoothly in the vast ocean of cryptocurrency investment. Stay savvy, stay secure, and let your crypto journey begin!

Q: What should I know before investing in cryptocurrency?

A: Before you dive into the crypto pool, get to know the waters—understand blockchain tech enough so you’re comfy with the concept. Keep up with market trends and the specific currencies you’re eyeing. And remember, the crypto world can go wild with volatility, so brace yourself!

Q: What are the tips to invest in cryptocurrency?

A: Do your homework before buying, don’t just follow the hype! Only invest cash you can afford to lose, spread your bets across different coins, and think long term. Oh, and keep a cool head when the market does its rollercoaster thing.

Q: How much should a beginner invest in cryptocurrency?

A: Start small, superhero! There’s no need to bet the farm. Try with an amount that won’t give you nightmares. Maybe that’s 1% of your investment pot? Just because you can buy a whole bitcoin doesn’t mean you should.

Q: What is the most important rule when starting investing in cryptocurrency?

A: The golden rule? Never invest more than you can stomach to lose. Seriously. Cryptos can be a wild ride and you don’t want to be the person who loses their life savings on a digital coin toss.

Q: What happens if you invest $100 in Bitcoin today?

A: Well, it’s not like a crystal ball thing, but in a nutshell, your $100 could do a happy dance and grow if Bitcoin’s price goes up. Or it could shrink faster than a cotton tee in hot water if the price goes belly up. Past $100 investments have turned into sweet gains, but also painful losses. It’s all about timing and luck!

Q: Can you make $100 a day with crypto?

A: Making $100 a day isn’t impossible in the crypto world, but it’s far from a sure bet. You’ll need solid strategies, a bit of luck, and a well-padded crypto wallet to start with. And remember, easy come, easy go—it’s a risky biz!

Q: What is the safest crypto to invest in?

A: “Safest” is kinda relative in crypto land, but giants like Bitcoin and Ethereum are often seen as more stable because they’ve been around the longest and have a stronger track record. But hey, “safe” today might be “oops” tomorrow, so stay alert!

Q: How much money do you need to invest in crypto to become a millionaire?

A: If there was a set number, we’d all be chilling with the crypto-elite, right? Becoming a millie takes a combo of smart investing, serious guts, and that old rascal called luck. There’s no magic number, but investing wisely and playing the long game gives you a fighting chance.

Q: How much crypto should I buy to make a profit?

A: There’s no one-size-fits-all answer. It all depends on how the market moves and which cryptos you’ve got your sights on. Some folks score with just a few bucks and others dump in loads more before seeing any party-worthy profit. Keep an eye on the market’s mood swings and your own risk tolerance.