The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.
Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.
It is very important indeed to start, it is necessary to prepare a plan first.
if looking at your plan i think its very good to have top coin,
for long term investment coins like BNB,Ethereum, or Matic for me it is a decent and profitable coin,
apart from that learning from mistakes is also a good thing so that in the future hope not to repeat the same mistakes
Of course, if one is preparing for long term investment holding stable and already established coins such as BNB and BTC ETH, are the best choice when choosing to hold for long as most of the other low cap and new coins can easily get dumped so one needs to constantly stay active in the market.
The new coins are not suitable for long-term investment but can also give a good turnover if one gets lucky and the coin receives public attention in the market but it can sustain that position for a long that is why it is not good for the long term holdings.