Post
Topic
Board Altcoin Discussion
Re: Help me out
by
Jackl87
on 11/01/2022, 15:00:17 UTC
What is the best crypto investment advice you can give someone who makes 600$ per month from other job? I'm presently in this situation and due to the unstable crypto market we in I don't know what to advice this person, even 2022 looks bearish to me, help me out

It always depends on what you want to achieve with your money? So you have an income of 600$ per month, i guess you have also a lot of fixed costs, so let's say you have 100$ of spare money left each and every months, then i would still put aside 50$ of that for savings if something unforeseen happens and the other 50$ you can use for your investments. If you want to invest into relatively stable projects then you should choose projects like Bitcoin and Ethereum, usually they suffer the least in a bear market. If you say that you want to go high risk with that 50$ then invest into new and upcoming projects. There you have the possibility for high profits but also for a total loss.