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Showing 3 of 3 results by DJ99
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Board Bitcoin Discussion
Re: My top 10 bitcoin investment advice
by
DJ99
on 02/06/2019, 03:25:45 UTC
Thanks for all the replies both positive and negative. I am happy most of you found this information valuable
Post
Topic
Board Bitcoin Discussion
Topic OP
My top 10 bitcoin investment advice
by
DJ99
on 01/06/2019, 02:56:22 UTC
1) Diversify your portfolio if you are unsure of what you’re doing, then narrow down your portfolio if you know what you’re doing.

2) Surround yourself with crypto people, do not recruit your friends into investing in crypto.

3) Invest 10–20% of your income after tax in crypto (since most of you, don’t know what “invest what you can afford to lose” means).

4) Think long-term profits, not short-term gains.

5) Always do your own research. Manipulation, hype, pump and dump, fraud, scam, hacking, and stealing, are common here in this space, and can sometimes lead people to financial loss.

6) Keep your day job despite reaching your financial goal in crypto, so you are not emotionally dependent on your crypto profits as a source of income.

7) IT’S NOT CASH, UNTIL YOU SELL YOUR CRYPTO FOR FIAT.

Cool Read, and read, every day, do not underestimate the power of reading. Learn something new about blockchain and cryptocurrencies every day.

9) Avoid pyramid schemes, cloud mining, MLM, “earn interests” schemes and ponzi schemes such as Bitconnect.

10) Be responsible with your newfound wealth, don’t be reckless, you may experience a state of euphoria when your portfolio reached triple gains.


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Board Marketplace
Re: Bitcoin tries to do the impossible
by
DJ99
on 31/05/2019, 03:21:12 UTC
Nice thread, my goal is buy and hold