Post
Topic
Board Beginners & Help
Re: Not about to give up hope.
by
Zaguru12
on 01/04/2023, 16:06:29 UTC

• Interest rates would rise to 4.5%+,


•What ways have you exercised hope after setbacks or failure?
•What lessons can we learn from your experience?

The interest rate been raised wasn’t that much of a shock to me because seeing how inflation was increasing and the price of virtual everything going up expert were warning that this will certainly be a step the government will take. As it stands now it has actually worked because some commodities cost have actually reduced. The problem now is will this be a lasting solution for the recession that is lurking around?.

Lesson of the day, do not over invest on one altcoin, even if you can't find any traces of scam or untrusty team do not conclude that your money will be safe in an altcoin, the risk is too big than you could ever imagine. Diversify into more than two altcoins, this will automatically reduce your risk.

I would simply say do not call alticoins accumulation an investment rather if you feel the hype around the coin and your are looking at gaining from it then you could simply gamble on it. But having lots of Alticoins and calling it diversification of portfolio and looking to save them for long is just like setting one up for a whole lot of risk