To my own knowledge and i will also be glad if i can get some opinions to me before you ask what, ask why. Why are you investing?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?
Since I started to invest on cryptomarket, my risk tolerance has been increase so I can catch up with the market. This market is too risky if you don’t have enough knowledge about it so better to learn first and again, we should invest the money we can afford to lose. I have my specific target every year, I’m close to achieve it now, I just setup a more realistic goal so it can happen.