The crypto market full of opportunities and profits, is becoming stronger and fuller, people get onboarded every single day. Among this people are those that are interested in profits only, they are not ready for the risk involved while some are fully aware and ready to tackle it by taking calculated risks. These are the people that strive to become a better trader everyday, they seek advice from experienced traders and learn from their past trading mistakes.
Investment planning is another advice they seek, they would want to make wise investments decisions, how they should diversify their investments, how much they should allocate to each portfolio. As an experienced crypto trader, what advice would you give them? What is the best way to go about investments ?
I totally agree with because from my experience i found out that thriving in the crypto market isn’t just about luck. it is about strategy and discipline. Over time, I have learned that diversification is key. Spreading investments across different assets reduces risk and helps balance the inevitable ups and downs.
Recently, I came across Bitget’s zero-fee auto-invest event while researching better ways to automate and simplify investment strategies. It is a tool that promotes consistency through dollar-cost averaging, which has been proven effective in volatile markets. Personally, I think using tools like this makes it easier to stay on track with long-term goals.
What is your take on automated plans like auto-invest? Have you found them helpful?
This has always been the case but unfortunately not a lot of people understand that, it's just not that easy to keep being consistent and having this type of approach to it, so in the end we end up with a bad result without a doubt. I think we are dealing with something that has been the case ever since crypto was created, because we ended up with same thing once again over and over so it looks like it's the same thing.
We need to consider how if you have a good strategy and stick to your strategy and keep doing what you always reach to do then you are going to end up with much better approach without a doubt. I know that it is going to be hard because not everyone reached to low levels and that is why I believe we can make sure that we could do it but then many people get into panic emotions, so it's not that easy at all.