Post
Topic
Board Altcoin Discussion
Re: Just in case
by
CapGelatik
on 04/09/2021, 08:44:16 UTC
When people talks about diversity in crypto space they only point at big projects and small projects combined but no one ever talk about their life savings, I've seen people putting all they have into crypto and yes they have more than 5 coins in their portfolio but is this the smartest move?

Personally I think the smartest move is to have some funds offline as well, if you know what diversity means then you should be smart enough bro know that nothing is guaranteed, have some money 💰💰 offline and some online (crypto and other), putting all your eggs in one basket is bad and too much of everything is also bad

There's nothing bad if we make a good plan in carrying out investments, the crypto space is often said or described about large projects or small projects, because that's how the crypto space works and gives results for people who work on it.

It's not wrong if you also have offline and online money, this can be combined both in looking for maximum value, which makes us stupid when both can not be used properly at some stage of either result.
You don't get it, many newbies use all they have to invest in crypto, they forget to live and have a life in the process, crypto investment rule is never invest more than you can afford to lose but for some they don't care, I'm just saying while running to make money we shouldn't forget to breath
I think the method used like that is certainly wrong and when we invest using everything we have instead of the profit we get it actually increases the risk,
I hope beginners can learn more so that they don't make decisions that will hurt