Quote from: Velkro on April 13, 2020, 03:54:32 PM

Quote from: fuco0921 on April 08, 2020, 08:51:40 AM

1. Which Purpose Are You Pursuing?
2. How Much Can You Realistically Set Aside for Investing?
3. When Will You Need This Money Again?
4. How Much Should Risk?
5. What Should You Invest In?
6. Do i know what im investing in?
7. Do i know computer security?
8. If two abose is false, then are you ready to loose it all?

I added sixth, seventh and eight point, because not knowing what you really investing in (brake through technology, but you must know why), not knowing computer security to be able to secure your investment and then eight as warning. If you dont know what you are doing and dont know enough about basic computer security at least, learn first or you will loose it all sooner or later.
Either through exchange hacked/bankcrupcy or trojan horses etc.

to to make it short actually, make an estimate on how much you will invest in any coins and the plan on hodling years. then stick to the plan from day 1.