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Mutual funds of cryptocurrencies (Crypto Mutual Funds) allow you to invest in digital assets without buying them directly. This is convenient for beginners who want to diversify their portfolio.
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Advantages:
Professional management: Funds are managed by experienced financiers.
Diversification: Investments are distributed among different cryptocurrencies.
Convenience: You don't need to store and manage your crypto assets yourself.
How to choose a fund:
Study the reputation: Find out who manages the fund and what its history is.
Look at the portfolio composition: Which cryptocurrencies are included in the fund?
Rate the commissions: What are the management fees and other fees?