Post
Topic
Board Altcoin Discussion
Re: Would you choose stress free investment
by
BCEmporium
on 28/02/2018, 01:56:28 UTC
After a while here in the forum I read a lot of members worrying about there crypto investment/trade. I would rather choose a stable and highly trustworthy altcoins to invest for the long time rather than chasing those coins thru trading. I find it super stressful to read those people losing large amount of their hard earn money.
Crypto isn't "stable" at all, that's why there are so many opportunities... and risks.

If you know how to read the markets you can make a killing. If you don't you'll lose money. It takes time, effort and discipline to get good at investing and trading, and most people give up very early.

Only like 1-10% survive for a few years, and barely 1% is successful at making a living and building wealth.
This is true not only for financial markets, but for every discipline. I don't know where the rule comes from, but the majority of people never make it far...

If you want to belong to the 1% you'll have to work hard at it. Read books about financial analysis if you don't know how to do this on your own. That can give you an idea of what to look out for.