I really appreciate you for the advice and the peace of information relating to crypto currencies, if you should ask me i think that if any coiner should invest in cryptocurrency, i will eventually see such coiner as big time money spend that he doesn't know the right channel to follow that can give him enough profit, and so newbies can just embark on cryptocurrency to invest without asking a question on how it works, just because they might over had from investors discussing about cryptocurrency.
Investing in cryptocurrency is like wasting money and time that you could have used in building up your Bitcoin portfolio, i know that Bitcoin is all about having patience to be able to accumulate for longer term like 4-10years and for to able to archive all these, building up your emergency fund is very important, if possible you can have many of emergency fund as you can to help you save guiding your long term investment.
Your comment is very misleading. Because investing in cryptocurrency is never right. Cryptocurrency refers to all currencies, you are not referring to any one currency. Investing in all these meme coins or sit coins is very risky. There is a high risk of losing your money in this. These markets are very volatile. There are many risks in long-term investments. You can make some money by investing in the short term, but investing in the long term will be foolish. So never think of investing in all these coins or be rushed.
If you invest in Bitcoin for the long term, then your profit is guaranteed to be much higher. The risk is very high in the short term. But it is very low in the long term. Bitcoin should be the first choice for a beginner. And until they accumulate enough Bitcoin in their portfolio, they should continue to buy continuously. Along with this, an emergency fund should be made