Quote from: roller33 on January 02, 2024, 05:12:58 AM

Hey everyone, I've been grappling with a question lately and would love to get your thoughts. How much of my monthly income should I realistically invest in Bitcoin, considering the emotional rollercoaster of the crypto market?

I understand the potential gains, but I'm also thinking about the stress of watching the market's frequent ups and downs. Seeing those price fluctuations can be a real thrill ride – exciting one moment and nerve-wracking the next. So, what's the sweet spot? How do I balance a smart investment percentage without getting overwhelmed by the market's volatility?

Would love to hear how you all manage this balance. I already have some amount invested, but way less than I'd like to have, but I have that fear of being put on risk more than I should.

Like many pieces of advice I give to those new to this market, if you want a lasting profit, invest in knowledge of the field you want to research first. And in a field that includes finance and technology, ask yourself how do you define investing?

Frankly, are you willing to lose money on this, do you prefer a painful experience or enjoy the comfort of a specific plan? There may be many tactical suggestions, but you need to understand that this is a personal plan not for the crowd and not everyone can follow a strategy. Don't be too hasty with the appeal of the emerging market. Yes but can't see the risks. I like the balance between risk/return in the investment process, so by learning and experiencing including failures will help you be more independent than dependent. If possible, I think the salary will help, tt is reasonable that you are willing to lose 5% monthly to access this market.