Decision Tree: Are You Ready to Invest in Crypto?

Published on: Jul 29, 2021fb-roundtwitter-roundemail-round
BitcoinDesign: theSkimm | Photo: iStock

The Story

If all the talk about crypto is giving you a case of FOMO, take a beat before you buy in.

But I'm ready. 

Couldn't hurt to double check. Because before you buy anything, quizzing yourself about whether it's really worth it – aka spending with intention – helps ensure you're in control of your money. 

Fine. What should I check first? 

Some things to consider when trying to figure out your answer to one of the biggest crypto questions…

Crypto decision tree
Design: ML Howell


Whether you're really ready to hop on the crypto bandwagon depends on a lot of factors. Think: how well you understand the relatively new asset, if you're comfy with (a lot of) risk, and where you are with other money goals.

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I'm in

Skimm'd by: Casey Bond, Ivana Pino, Stacy Rapacon, and Elyse Steinhaus