As we will most likely continue to see bear market for this year, what are you stacking up on and why? I would love to know so I can see what people are interested and there reasoning for it.
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This year, I'm going to stack only 2 coins when it comes to crypto. Bitcoin and Ethereum only.. Why? It's because I just want to diversify and when I mean diversify, it means buying different types of assets and not only buying only one asset like crypto.
Bitcoin and Ethereum are the ones that I picked because, why not? I mean I know that there are some investors out there who opt to buy other altcoins because they're more volatile when the bull run comes, but I'm more of a conservative investor even though I'm at my mid-20's only. There's a saying that if you are younger, you have many chances to risk it all because you can still have time to cope up if ever you lose your money. I don't think that way. I only think that holding long term is the best way. Aside from crypto, I'm also buying different dividend stocks that I will hold for the long term. Passive income.
All of us have different strategies when it comes to investing, but we all have one goal and that is to profit from our investments.