Quote from: lizarder on Today at 05:49:36 AM

Quote from: Viscore on September 03, 2021, 08:07:09 PM

Quote from: lizarder on September 03, 2021, 07:51:54 PM

Quote from: Bravehash on September 03, 2021, 03:18:37 PM

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.

Well, i think its really a must that we should not only make online investments but also give chances for offline investments like those stable assets that can guarantee us sure profits. Unlike crypto although its definitely a source of huge profits but the security is very slim. So we also need to diversify our investments between online and real life.

There should be savings for emergency cases because it will surely come in the most unexpected days so atleast preparing for it can prevent us from panicking.

This is the right step, if we provide special savings for urgent needs, at certain times that we cannot predict when it will happen, but we need a good balance in making special investment and savings patterns.

Cryptocurrencies do have a big risk, if we can't take advantage of this well in investing, we need to analyze, patterns and ways of thinking in carrying out these investment actions, this requires mature knowledge in investing, if we can't prepare ourselves for this, then future opportunities we will lose and lose.

there seems to be a special character of keeping the investment of income into three for 1 part for daily shopping, one part for pocket money and one part for investment, most of us don't take care of it or can't stand it.