Post
Topic
Board Altcoin Discussion
Re: I lost +$ 20k in future, advice for newbies
by
magneto
on 23/04/2022, 22:31:12 UTC
Hello guys,
First of all, i would like to thank all of u guys, i have read all your responses...

Anyway it was a big lesson for me but i won't give up and I'm planning to invest $350 every month in same good project and hold for long term this time.

Thank u again guys 🤗

I would suggest that this is not a great strategy either.

You should diversify and expand your reach as opposed to just DCAing into the same project regardless of what the fundamentals are. That is quite foolish.

Even if unlevered, pouring money like this into projects is never going to work out well. Yes, have a few blue chip projects that you consistently put money into, but also spread your risk out. I thought you'd have learnt through your futures failure.