This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.
- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.
If you cannot afford to losing what you will invest on, then it is same as gambling i think.
We are investing from our surplus money, not because we need money so bad that we can't even lose the money we invest.
Working in main job and get money from it, then investing on cryptocurrency to get the profit in long time.