GM☀️☕️
Some Sunday Reflection ☀️
As the week winds down, it’s a great time to pause and reflect on our investment strategies and results.
Sometimes we get swept up in the FOMO of new trends or new opportunities shilled over the crypto space, forgetting the fundamentals that guide our investment decisions.
That is why it is important to refresh these three key elements every conscious investor should follow:
1️⃣ RISK PROFILE / RISK MANAGEMENT
Understand your own risk tolerance and define a proper risk management strategy.
2️⃣ TIME HORIZON
Consider how long you plan to invest.
Are you focused on short term trading or holding long term? Both? Different strategies may apply dependin on your specific goals.
3️⃣ ASSET ALLOCATION
#AI , #MEME lowcap coins, etc. No matter what the trend is, avoid degenerate risks and do not put everything in one basket. Diversification is always a smart move.
Let me know in the comments below your opinion 👇