If you had 4,000.00 USD to use to invest in cryptocurrency, and that was all the money you can afford to use for crypto investments for the year of 2021, where would you put it?
I'm just curious to see what kind of opinions I would get in a forum like this. I'm hoping that I might learn something as a beginner in the crypto world as a result of putting this question out there.
Keep in mind thought that I already understand 3 things:
1. Never invest any amount of money that you can't afford to lose, because crypto markets are so volatile that it's a risk no matter what you do, and I get that.
2. I'm not asking you to tell me which crypto to invest in, just curious what your opinion is.
3. I understand that what I do with my money is my responsibility, and nobody else's, and the results of my investment(s) whether good or bad, is on me.
In the current phase of the market, I would not invest money anywhere other than risk-free options such as the MINA protocol. I would wait for a big drop (correction, which is inevitable), when all alcoins fall by 70-80% and would buy them in the long term.I'm just curious to see what kind of opinions I would get in a forum like this. I'm hoping that I might learn something as a beginner in the crypto world as a result of putting this question out there.
Keep in mind thought that I already understand 3 things:
1. Never invest any amount of money that you can't afford to lose, because crypto markets are so volatile that it's a risk no matter what you do, and I get that.
2. I'm not asking you to tell me which crypto to invest in, just curious what your opinion is.
3. I understand that what I do with my money is my responsibility, and nobody else's, and the results of my investment(s) whether good or bad, is on me.