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Throughout November 2021, the value of the cryptocurrency market increased to a much anticipated $3 trillion, demonstrating how strong decentralized currencies are. By 2022, the value will have stood at $2 trillion or higher.

Does investing in cryptocurrencies in 2022 make sense to you? Below, in this guide, we answer some of the most common questions about Web3, how to invest in crypto in Malaysia, how to build a cryptocurrency investment wallet, and what the future may bring to the leading financial asset of the last decade.

Contents

How to invest in cryptocurrencies in Malaysia?

Newbies should purchase cryptocurrencies through a platform authorized by the world’s top authorities that they can easily trade with.

You can learn about cryptocurrencies, get trading information, educational courses, and much more at eToro, a recommended site when investing in cryptocurrencies.

This investment site has been granted operating licenses by the United Kingdom, the United States, Australia, and Cyprus. It is trusted by 20 million users and is a Malaysian user-friendly cryptocurrency investment platform as well as a social investment platform where you can find expert price commentary and analysis and trading news.

The eToro cryptocurrency exchange provides a wide variety of cryptocurrencies. If you want to buy your favorite crypto asset on this prestigious exchange, you should follow these easy steps.

Step 1: Open an Account with eToro

You can join eToro by clicking the “Join Now” button. Signing up is simple.

The required information is your name, phone number, email address, password, and username. Direct registration through Facebook or Google is also possible.

how to invest in crypto

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Step 2: Upload ID

For KYC to be completed, you must provide proof of your identity and the necessary documents. Your KYC will be completed in a few minutes.

best crypto to invest in

Step 3: Deposit Funds

Once you have completed the KYC process, click the ‘Deposit Fund’ button to deposit funds into your account.

You can make your deposit using the following methods. You can use credit/debit cards, PayPal, bank transfers, e-wallets, Skrill, Neteller, Trustly, and Rapid Transfer, among other options.

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Step 4: Buy Cryptos

Once you have concluded the KYC process, click the ‘Deposit Fund’ button to deposit funds into your account.

You can make your deposit using the following methods. You can use credit/debit cards, PayPal, bank transfers, e-wallets, Skrill, Neteller, Trustly, and Rapid Transfer, among other options.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Why invest in Cryptocurrencies?

The following are a few justifications why you should invest in cryptocurrencies, even if you are not 100% sure you will:

Decentralization of cryptocurrencies gives you control over your assets

No third party is ever involved in your operation in cryptocurrency trading, making it a decentralized form of trading. Instead, the cryptocurrencies you store belong to you, and you have full control over them. What’s more, the price of cryptocurrencies is not determined by exchanges or brokers.

Cryptos are mostly deflationary in nature

Normally, cryptocurrencies are deflationary because of their limited supply. In other words, their value increases over time. Almost all cryptocurrencies are subject to a maximum supply limit set by an algorithm.

Cryptos are transparent and secure

Thanks to their transparency and security, the fame of cryptocurrencies has multiplied. Blockchain technologies improve the security and transparency of cryptocurrency transactions, allowing investors to put their money into a large investment in a reliable way. Also, the fact that cryptocurrencies are open source and can be publicly verified increases their popularity among investors.

Crypto investments could give you big returns

Everyone is aware that cryptocurrencies provide great returns for the general public. Individuals can make informed investments for great returns in the short and long term with the support of experts, price history analysis, and other relevant factors.

The availability of various cryptocurrencies, such as Dogecoin, Ripple, and Binance Coin, makes it possible for investors to vary their portfolios and increase the opportunities to generate money from their transactions.

Crypto trading provides you with the necessary independence and flexibility

It is possible to trade at any time to suit each trader’s schedule. Likewise, any investor or trader has access to the crypto market at any time of the day, so they are free to make trading decisions thanks to thorough research and analysis.

Where you can buy crypto in Malaysia?

Finding the right trading platform can be a real challenge for beginners. To make cryptocurrency trading easier, we have compiled in this guide a selection of websites that make it simple.

1. eToro – Overall Best Cryptocurrency Trading Platform In To Buy Cryptos Malaysia

invest in cryptoOur recommendation for Malaysians to buy bitcoins is to use eToro. Unlike other cryptocurrency exchange platforms, this platform is heavily regulated.  The platform excels at being heavily regulated, unlike other cryptocurrency trading platforms. It is licensed by the UK FCA, CySEC, and other top-notch agencies globally. Consequently, you can invest in eToro with full confidence that the money you deposit is highly secure. Very few cryptocurrency trading platforms can offer you this degree of security. Moreover, you can trade cryptocurrencies other than Bitcoin on the platform.

Considering your location and jurisdiction, it is also possible to trade derivatives of the most important cryptocurrencies offered by eToro. Depending on your account currency, you can trade Bitcoins themselves or other cryptocurrencies. Depending on your preferences, you can trade BTC for USD or BTC for ETH. As eToro has no commissions, its revenue comes from the spreads it charges on its trades.

With eToro’s copy trading tools, it is possible to copy other veteran traders, and that’s where passive trading tools come in. Log in to your copy trading option and search through over a thousand traders based on their earnings, the instruments they trade, and the total copy accounts they have. Once you have selected a trader you would like to copy, simply click copy and choose the correct amount you would like to copy their trades. Users can deposit funds using eToro using a number of payment methods, including debit/credit cards, bank transfers, and e-wallets.

how to invest in crypto currency

eToro fees

Fee Amount
Stock trading fee Free
Forex trading fee Spread, 2.1 pips for GBP/USD
Crypto trading fee Spread, 0.75% for Bitcoin
Inactivity fee $10 a month after one year
Withdrawal fee $5

Pros:

  • Bank transfers and debit/credit cards accepted
  • Easy-to-use platform with a user-friendly interface
  • Copy-trading and other social trading features are available
  • Regulated by various agencies around the world
  • In certain areas, it provides cryptocurrency derivatives
  • Trades are not subject to commissions

Cons:

  • Not suitable for technical analysis or advanced charting

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. Huobi – The Best Alternative Trading Platform For Buy Cryptos In Malaysia

how to invest in crypto currenciesThe company is headquartered in Singapore and offers cryptocurrency exchange and financial services. The famous crypto-asset exchange Huobi proposes users join such popular resources, for example, Bitcoin, Ethereum, and XRP, and a possibility to get involved in primary coin offerings (ICOs) before their general rollout. Beijing, China, was the city where Huobi was founded. Its share of the Chinese cryptocurrency market increased considerably after the government’s 2017 expulsion of cryptocurrency exchanges.

The company then set up shop in Singapore thanks to more favorable cryptocurrency law regulations. Huobi supports more than 355 kinds of cryptocurrencies, making it the largest cryptocurrency exchange in the world today. There are 130 countries represented on the platform, and it has more than 5 million active users worldwide. Huobi ranks as the third-largest cryptocurrency exchange based on a daily trading volume metric derived from Coinmarketcap.

Huobi enjoys a lot of popularity due to its accessibility. In addition, it is very convenient for both new and experienced traders.

Getting your account up and running only takes a few minutes. You shouldn’t have any problems doing it, so don’t hesitate to do it.

Since the launch of Huobi’s wallets, the company has not suffered any security breaches. Thanks to several strict security protocols, this enviable record has been achieved. Apart from this, Huobi’s cryptocurrency funds are not accessible to bad actors, as they are handled by cold storage located off-chain, so criminals can’t hack them.

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Huobi fees

Fee Amount
Crypto Trading 0.20%
Inactivity Fee Free
Withdrawal Fee 1%

Pros:

  • Providing a highly configurable dashboard that’s both smart and user-friendly
  • Over 230 assets are available for trading
  • Traders can simultaneously trade on three different exchanges or platforms
  • Margin trading and leveraged trading
  • In order to ensure high levels of security, cybersecurity is a great tool
  • Funds provided to protect clients
  • Strong and multilingual customer service
  • A comprehensive mobile application

Cons:

  • Fiat currency cannot be deposited or withdrawn
  • Creating an account requires a lengthy process
  • There are too few withdrawals limits
  • This case has a low margin leverage

Your capital is at risk.

3. Binance – The Best Liquid Exchange To Trade Cryptos In Malaysia

the best crypto to invest in nowBased on daily trading volumes, Binance has become the largest cryptocurrency exchange worldwide. Since its founding four years ago, Binance has broken records and achieved humongous success.

On this platform, users are charged fees when they trade, but not when they deposit. The BNB can be used to reduce these fees.

For the protection of sensitive user information, this exchange follows high-security standards. The exchange is also very liquid. It is possible to trade over 500 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Dogecoin.

KYC information is required to trade. This platform also offers a variety of services, including staking and converting cryptocurrency into fiat money. There is no doubt that Binance is the best place to invest in crypto now.

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Binance fees

Fee Amount
Crypto trading fee Commission, starting from 0.1%
Inactivity fee Free
Withdrawal fee 0.80 EUR (SEPA bank transfer)

Pros:

  • Advanced charting platform with numerous technical indicators
  • Support for more than a hundred pairs
  • Low commissions
  • Accepts deposits in fiat currency
  • BNB users receive additional discounts as a result of low fees

Cons:

  • Credit/debit card deposits are subject to a 2% fee
  • Customer service responses may be delayed

Your capital is at risk.

4. Coinbase – The Best Beginner Crypto Trading Platform In Malaysia 

best crypto to invest in 2022Coinbase has been operating both as a cryptocurrency exchange and wallet since its founding in 2012. The company is used by over 73 million people around the world. In addition, more than 10,000 institutions and 185,000 ecosystem partners trust IT.

This website allows beginners to purchase, sell, and deal in cryptocurrencies easily. It ensures the safety and security of its users’ information as well as a secure trading environment for them. Almost all cryptocurrency wallets offer two-factor authentication (2FA).

The platform offers a combination of digital currencies, and there are fees associated with trading. This user-friendly platform requires users to deposit a minimum amount before trading. Investing in crypto is made easy with this platform.

how to invest in crypto for beginners

Coinbase fees

Fee Amount
Cryptocurrency trading fees Commissions starting at 0.50%
Fee for inactivity It’s free
Fees for withdrawals 1.49 % to an account in the US.

Pros:

  • Provides a wide range of technical indicators
  • Supports hundreds of pairs
  • Simple to use for cryptocurrency beginners
  • Supports a wide range of cryptocurrencies
  • Cryptocurrency earning opportunities

Cons:

  • Customer service requests can sometimes be delayed

Your capital is at risk.

5. Crypto.com – Over 40 Cryptocurrencies And Stablecoins In Malaysia

good crypto coins to invest inThe cryptocurrency exchange Crypto.com is one of the fastest-growing in the world today. Due to the hard work of a large team of developers and a strong marketing team, this site is one of the fastest and one of the most secure.

Their stablecoin staking program boasts a return of 14% a year on a portfolio of over 40 cryptocurrencies and stablecoins.

With a market cap of $16.6 billion, the CRO coin, which is part of the Crypto.com platform, is the 12th most valuable digital coin on the list of digital coins at the moment. In addition, the company offers margin trading derivatives trading and is starting to move into the NFT market. Transactions at Crypto.com require a minimum investment of $1.

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Crypto.com fees

Fee Amount
Crypto trading fee 0.4% per trade
Inactivity fee Free
Withdrawal fee Free

Pros:

  • Various cryptocurrencies are available
  • It has affordable and transparent rates
  • Easy-to-use interface
  • Users can send crypto to each other with no fees
  • Separated NFT platform

Cons:

  • Higher costs unless you hold CRO tokens
  • Finding trading fee discounts can be difficult

Your capital is at risk.

Invest in Crypto Malaysia - Fee Comparison

Platform Crypto trading fee Inactivity fee Withdrawal fee
eToro Spread, 0.75% for Bitcoin $10 a month after one year $5
Huobi 0.20% Free 1%
Binance Commission, starting from 0.1% Free 0.80 EUR (SEPA bank transfer)
Coinbase Commissions starting at 0.50% Free 1.49% to a US bank account

 

Crypto.com 0.04% maker and taker fees

 

Free According to the currency withdrawn. 0.0004 for ETH

 

Best Crypto to Invest In

What are the best cryptocurrencies to invest in? The same question arises every time a beginner invests in cryptocurrencies. Bitcoin will be a perfect investment avenue if you intend to earn huge profits from your investment.

Since Bitcoin launched in 2009, cryptocurrency price charts have always made headlines. The popularity of cryptocurrencies has also been attributed to recent financial market developments. The market capitalization of Bitcoin represents a significant portion of the overall crypto market, making it a natural choice for any investor wanting to gain an advantage.

Market capitalization for this cryptocurrency is about $3 trillion. The cryptocurrency reached its highest level in November 2021 with a price of $69,000. Thanks to Bitcoin's prominence as a leading payment processor, Visa and Tesla accept Bitcoin as a payment method.

In addition to being accepted as a currency, it gives its users multiple advantages over other currencies.

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By the end of 2025, Bitcoin is forecast to reach $330,000, making it an excellent investment. However, Bitcoin retains its price dominance in the crypto charts due to its deflationary tendencies.

In spite of its bearish trends, this cryptocurrency is less vulnerable to price crashes due to its strong fundamentals and long market presence.

As a result, investors and traders can capitalize on huge market opportunities with this currency's growing adoption into mainstream use.

Major cryptocurrencies to invest in

ETH (Ethereum)

best crypto to invest in nowThe cryptocurrency ecosystem puts Ethereum in second place in market capitalization, just behind Bitcoin. As for the decentralized financial exchange, it is worth noting that it is an altcoin that employs a proof-of-work consensus method. But it is considering moving to proof-of-stake in the future.

With the decentralized and open-source blockchain network, decentralized applications (dApps) and smart contracts can be developed and employed without third-party interference.

Ethereum has become the best alternative to Bitcoin, thanks to all these features. Also, a decentralized collection of financial products has been developed for Ethereum that everyone can access in the world, regardless of nationality, faith, or some other parameter.

After its launch in the financial market, it has become one of the most successful cryptocurrencies. Ethereum has managed to bring a smile to its investors' faces on many occasions with its more than one hundred percent increase in value compared to its launch.

Ethereum's long-term price forecasts indicate that it will surpass the $15,000 mark by the end of 2025, so experts are confident that the value of this cryptocurrency will increase in the coming years.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

ADA (Cardano)

invest in cryptoThis cryptocurrency uses the Ouroboros blockchain platform and is based on proof-of-stake. In terms of market value, Cardano is the sixth most valuable cryptocurrency. In addition, the fact that it uses fewer resources for transaction validation makes it an attractive alternative to Bitcoin.

The founder, Charles Hoskinson, also created Ethereum. Although their foundation is similar, both currencies are based on different systems. Cardano employs the Ouroboros recognition system, and Ethereum uses a proof-of-work-based blockchain system.

Cardano aspires to be the "most environmentally sustainable blockchain platform." Cardano's competitive advantage over other Blockchain technologies lies in its proof-of-stake mechanism. Interoperability, scalability, and maintaining sustainability are the goals of this cryptocurrency.

Is Cardano an excellent investment? As specialists predict, Cardano's price will soon be in double digits. According to Cardano's long-term forecasts, it will reach $10 by the end of 2025. Moreover, investors have been attracted to this cryptocurrency thanks to its resilience, as its value does not fluctuate too much during an industry downturn. Therefore, Cardano is a good candidate for your investment portfolio, given its promising performance in recent years.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

XRP (Ripple)

how to invest in crypto currencyXRP is the native cryptocurrency of the Ripple network. These currencies are used for remittances and foreign exchange on the XRP Ledger. In addition, XRP is generally used by the XRP network as a bridge between transactions using different currencies. XRP is currently ranked 8th largest cryptocurrency by market capitalization.

Other digital currencies and payment methods are slower, cheaper, and less scalable than XRP. For example, a Ripple transaction can be completed in 1,500 seconds, compared with a Bitcoin transaction in 7 seconds and an Ethereum transaction in 15.

Because XRP tokens are pre-mined, they cannot be mined since the ledger creates them. As a result, the end of 2025 is predicted to bring Ripple prices to $4.58.

Your capital is at risk. 

Small cryptocurrencies to invest in

A good income can be made with small cryptocurrencies if you select them wisely.

Therefore, you should follow these cryptocurrencies regularly:

DOGE (Dogecoin)

how to invest in crypto currenciesDogecoin became the coin of the year in 2021. The Shiba Inu in its emblem refers to the famous meme of the dog. But at the beginning of 2021, investors hardly paid attention to Dogecoin.

After Elon Musk tweeted about it, the quote charts for this meme coin increased in value. In addition, cryptocurrency traders gained confidence once it was listed on renowned trading platforms like Coinbase. Thus, the cryptocurrency achieved its highest value in history this year, reaching $0.74. That means a twenty thousand percent increase in its price versus its launch in 2014.

According to its market capitalization, this cryptocurrency is currently ranked number 11. Furthermore, the supply of Dogecoins is uncapped, meaning that there is no cap on how many coins can be mined.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Shiba Inu (SHIB)

what crypto currency to invest inDogecoin has been competing with Shiba Inu in the crypto market since August 2020. It was built on the Ethereum blockchain and had a total supply of 1 quadrillion coins. As a result, the cryptocurrency market has gained significant traction in digital finance.

Investors have noticed since it was launched to compete with Musk's favorite coin. Currently, it ranks 13th according to market capitalization. In addition, its value increased by 40 percent after it was listed on Coinbase, the largest US-based crypto exchange.

This cryptocurrency varies between $0.00000667 and $0.00000701 daily, with an average trading volume of $219 million. Unique to the token is the dog icon. In the non-fungible token market, many artists have been inspired by this icon and work hard to protect it.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Polkadot (DOT)

invest in crypto hedge fundTokens on the Polkadot network are DOT. Polkadot lets you transfer data and assets between blockchains. The multi-blockchain technology provides security and scalability. A DOT network secures the system and connects new blockchains.

Unlike Bitcoin and Ethereum, Polkadot uses a proof-of-stake consensus mechanism for its network and transaction validation. Through staking and participation in the network, users can earn DOT rewards.

It ranks 9th in terms of market capitalization. One billion DOT tokens have been allotted so far. They held their ICO in October. Prices were $0.29 per token.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

New cryptocurrencies to invest in

Lucky Block (BLOCK)

the best crypto to invest inOver the past few years, online gaming and gambling have grown rapidly. The blockchain is used to develop decentralized lottery systems to solve the shortcomings of the booming lottery industry. Since the blockchain will solve all these problems, Lucky Block users will not have to worry about fairness, security, or transparency.

Binance Coins (BNB) are required for investing in Lucky Blocks. Among top cryptocurrencies, BNB ranks fourth in market cap, allowing it to be traded on many exchanges across the globe. Once you purchase BNB, you should transfer it to your crypto wallet. Then connect your BNB wallets (Metamask and Trust Wallet) to PancakeSwap DEX.

Your capital is at risk. 

Cosmos (ATOM)

the best crypto to invest in nowCosmos offers decentralized blockchain technology as well as scalability and interoperability. A native digital asset is Atom. ATOM tokens are secured by proof-of-stake.

Cosmos uses Tendermint's fault-tolerant byzantine consensus engine to ensure fast-moving blockchain transactions. In addition, cosmos SDK allows developers to integrate blockchain technology into their applications.

According to the latest market cap, Cosmos is ranked 33rd. However, growth has been more than 400 percent since the beginning of the year.

The future of digital assets looks good. ATOMS is expected to hit $100 by 2026. You can invest in Cosmos now for a high return. There is excitement among investors.

Solana (SOL)

invest in crypto or stocksWith Solana, you can get rid of Ethereum's limitations. Many cryptocurrency enthusiasts refer to it as the "Ethereum Killer." SOL processes transactions.

This blockchain combines a proof-of-stake and a proof-of-history consensus mechanism to enhance scalability. Therefore, decentralized transactions could be executed in the Solana protocol in under a second without compromising decentralization.

In 2021, retail investors made huge profits from Sol. As a result, this cryptocurrency's price spiked in early September.

In addition, degenerate Ape Academy launched NFTs on its platform, contributing to its popularity.

Best cryptocurrencies to invest in 2022 for the long-term

Portfolio diversification is always recommended for long-term investors. It recommends which cryptocurrencies to invest in long-term and how much to invest in each.

Bitcoin is the best option for long-term growth. By 2025, Bitcoin will be worth $300,000 and $380,000 by 2025.

Protect your investment by not investing in Bitcoin. Use Ethereum instead. Recent cryptocurrency prices are up. It hit a record high of $4,850 in 2021.

Unlike many other cryptocurrencies, Bitcoin and Ethereum have almost always made money for investors. So your portfolio should hold majorities in each currency, let's say 40% each.

Cardano, SOL, or BLOCK, among others, can make up the remaining 20% in a bull market.

Best cryptocurrencies to invest in 2022 for the short-term

Select those whose prices rise whenever they make news to buy short-term. Shiba Inu, for example, could make investments that significantly increased in value if it was listed on a crypto exchange.

Investors and gamers alike like Axie Infinity. Displaying gaming skills in Axie Infinity earns users tokens. Blockchain gaming will become the norm in the future.

Floki Inu also uses Ethereum and is an ERC-20 based token. The next Shiba Inu, so say dog-themed meme coin fans.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

How to build a good crypto investment portfolio?

What is the best way to evaluate a cryptocurrency portfolio? Beginners ask this. Diversification is key in volatile assets.

Investing all your money in one digital currency may result in losing it all. To prevent losing your entire investment, you should invest in multiple stocks.

A beginner's portfolio can be modeled after a portfolio of an expert. Users can make a similar allocation.

How many cryptos should you invest in?

Without enough cryptocurrency in your wallet, you may be at risk. However, you will reap the benefits in the long run if your wallet contains both volatile and stable coins. In addition, many investors open multiple cryptocurrency exchanges and brokerage accounts to access various altcoins.

If you want to invest 40 percent in Bitcoin and Ethereum and the rest in altcoins, you could do that.

What would be the holding period for your investment?

Cryptocurrency markets are notoriously volatile and unpredictable. Cryptocurrency, market factors, and market news make investing over a certain period impossible.

If cryptocurrencies collapse, bear markets will last for three years. The investment length can only be determined after a thorough analysis and research.

How much would you need to invest?

Cryptocurrencies, especially volatile altcoins, are not a good idea to invest all your net worth in. Although you may be bullish on crypto as an investment, setting some capital aside for dips is a good idea.

Investing 20-30% off savings into these digital currencies is a safe bet for some investors. Crypto traders at eToro can also trade forex, commodities, and ETFs.

If you open multiple cryptocurrency exchange accounts, you can keep part of your money in Bitcoin. This is because Bitcoin has never experienced a price correction over 90% as many altcoins have.

For instance, the market fell from $20,000 to $3,000 by 85%, then recovered after three years. On the other hand, Altcoins lost 95-98% of their value (Ethereum among them) and never recovered.

How to store your crypto investment in a secure wallet?

Cryptocurrencies work like computer code. However, cryptocurrencies cannot be physically stored like fiat currencies. Cryptocurrency wallets that connect to blockchains are needed to store or trade cryptocurrencies. Cryptocurrency wallets allow cryptocurrencies to be stored and traded.

eToro Money Wallet

The Android and iOS versions of the eToro money wallet are very convenient. Over 120 cryptocurrencies can be stored, along with a conversion function.

The digital wallet is secure on-chain, so users won't lose their backup phrase. Additionally, this wallet is regulated by the GFSC, which is based in Gibraltar.

Coinbase Wallet

Coinbase is a reliable crypto exchange and wallet. Using this wallet does not require Coinbase accounts. However, it facilitates Coinbase transfers.

In addition to cryptocurrencies, the wallet lets you store non-fiat currencies as well. Furthermore, biometric authentication and cloud backup options make this wallet highly secure.

Binance Exchange Wallet

With the Binance crypto wallet, you can earn rewards and store cryptocurrencies. This mobile wallet is used by more than 10 million people worldwide. The wallet's user-friendly interface makes it easy to buy, trade, and exchange cryptocurrencies.

Security and risks of crypto investing

Volatility dominates cryptocurrencies. A change in the market can drastically alter the price. In addition, currencies can lose hundreds of dollars at a time.

Cryptocurrency trading can also be subject to human error and technical glitches. In addition, the unregulated nature of the market can lead to scams and corruption.

The risks of investing in cryptocurrency include difficult forks and discontinuities. When large swings occur, prices tend to skyrocket. In addition, beginners are more likely to be scammed in cryptocurrency trading. Therefore, pump and dump groups, obvious Ponzi schemes, and leveraged trading should be avoided.

The use of a highly secure wallet and reputable cryptocurrency exchange is crucial. You can get all these features from an eToro wallet with a secure private key and a free recovery service. Although crypto is not regulated, the FCA, ASIC, and CySEC oversee the exchange.

Compare Malaysian Cryptocurrency Exchanges

eToro Huobi Binance Coinbase  Crypto.com
Regulatory/Safety bodies FCA, CySEC N/A NYDFS  (MFSA)

 

Minimum deposit US$50 US$100 US$20 US$50 US$25
Number of cryptos 49 348 100+ 50+ 150+

Is cryptocurrency mining a better investment?

Mining validates and records transactions on a blockchain platform. There are a variety of ways to mine. However, you may be at risk without enough cryptocurrency in your wallet.

Throughout the entire process, miners are rewarded for their work. Nevertheless, this specialized equipment, computer power, and the electricity-intensive process are very expensive.

Cryptocurrency mining with proof-of-stake is another popular method. Mining involves allocating cryptocurrency coins to add a new block to the blockchain. To complete this process, miners stake their cryptocurrency. Therefore, miners need ample coin supplies to mine cryptocurrencies.

Miners need significant investments and time to mine more currencies. For Bitcoin and Ethereum, the process is complicated because it requires so much time and resources.

Is cryptocurrency staking a better investment?

Storing cryptocurrencies on a platform and earning rewards for holding them for some time is a staking account. It's the same as trading. But, of course, the percentage yield will depend on how many cryptocurrencies you have in your pool.

Earnings will increase if you stake more coins. Staking is becoming very popular among crypto enthusiasts lately since it allows them to earn passive income. The Ethereum 2.0 staking project is a major development.

Staking is not without risk, though. For example, Crypto exchanges and decentralized protocols have been hacked in the last decade.

To earn passive income on eToro, you can stake ETH, ADA, and TRX. In addition, you can compound your portfolio by earning additional coins by investing in cryptocurrency.

Selling your cryptocurrency investment

Cryptocurrency investing is risky. The price may always crash back to where it was before you invested. Therefore, once you have made a good profit, you should stop investing. A cryptocurrency can be converted into cash, Bitcoins, or stablecoins like Tether (USDT), which can be done instantly.

It would be best always to sell cryptocurrency on a regulated platform to guarantee that your transaction is secure and safe. Therefore, it is our recommendation to recommend eToro as our top cryptocurrency exchange.  They offer a wide range of withdrawal methods, including bank wires, PayPal, Skrill, Neteller, and others.

The eToro platform makes it easy to sell cryptocurrencies. Logging into your eToro account is the first step to withdrawals. The last step is to withdraw the minimum amount ($30) and close all open trades.

The eToro platform makes it easy to sell cryptocurrencies. The first step is to enter the withdrawal channel on your eToro account after you've logged in. As a final step, be sure that you have taken the minimum withdrawal amount ($30) from your account and closed all open positions (open trades).

As soon as you see your available balance on the bottom left corner of the menu, click on the withdrawal button, and you will be able to start withdrawing your funds. Remember that you will be charged a $5 withdrawal fee per withdrawal you make. Once you have chosen the amount of money you wish to withdraw and the channel through which you wish to withdraw it, you can withdraw it.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Taxes and regulations regarding crypto in Malaysia

Malaysian law does not explicitly regulate crypto assets. Malaysia's Capital Markets and Services (Prescription of Securities) (Digital Currencies and Digital Tokens) Order 2019 (order 2019) offers regulation of digital currencies and digital tokens through the prescription of securities as the order specifies which digital currencies or digital tokens may qualify as securities.

Conclusion

Cryptocurrency will continue to shape the finance industry's future for years to come. Because of that, the government cannot ignore it. Governments recognize digital currencies formally or informally for that reason.

Goldman Sachs, who once predicted cryptocurrency wouldn't survive, now recommends you allocate a certain percentage of your portfolio to blockchain assets. Several years from now, cryptocurrencies will transform the way we buy and sell goods and services.

Through market research and analysis, investors have been able to earn huge returns on their investments despite the volatility of crypto assets.

By visiting eToro, a social trading leader that provides expert opinions, trading strategies, crypto price analysis, and other amazing stuff, you can do all of your research before making a crypto investment.

eToro – Buy Cryptos With 0% Commission in Malaysia

best crypto to invest in 2022

67% of retail investor accounts lose money when trading CFDs with this provider.

FAQs

How much to invest in crypto?

The amount of investment you make depends entirely on your preferences, disposable income, and other factors. However, do not spend too much money on cryptos, as that could be a risk for you, or invest too little (say $50), as that would be very ineffective.

How many people are investing in cryptocurrency?

Over 100 million people are believed to have begun investing in cryptocurrencies regardless of the lack of exact data.

How to learn to invest in cryptocurrency?

Cryptocurrencies can be traded on eToro. This platform helps users gain knowledge about investing in cryptos, managing their portfolios, developing trading strategies, and receiving market-related news and expert commentary.

How to invest in Bitcoin ETF?

After creating an account on the platform, navigate the eToro markets page. Choose the ETFs and funds you wish to trade. Then, when you click Trade, you can start trading that ETF.

Are banks investing in cryptocurrency?

SThe Standard Chartered Bank has begun investing in cryptocurrencies and BNY Mellon, Citibank, and several other banks.

What is the best cryptocurrency to invest in?

Bitcoin is the best investment avenue for traders who intend to make huge returns with the current price trends. The future price of Bitcoin is also looking promising. Estimates suggest that it will reach $330,000 by 2025.

About Carlos Sereno
About Carlos Sereno

Journalist from Universidad Jorge Tadeo Lozano. Translator of Spanish and English. English as a second language. Interested in International media and sports media.