Lately I've been seeing a lot of beggars in the feed, it's hard to invest but you also have to manage risks and move forward responsibly... I say this because I see them putting in 100 (the only capital they have) and then they walk around crying.
Investing is great, but you shouldn't jump into the pool without checking if there's water, right? Here are some tips for you to do it with a clear head. Always research, of course, that's why the community has the word or rather the experience: #DYOR🟢.
🔑 Manage risks: Before putting in money, think about possible scenarios. The market goes up and down, and you won't always hit the crest of the wave.
💡 Take responsibility: The money is yours, the decisions are yours too. Get informed, analyze well, and don't depend on others. Whether it goes well or badly, the credit (or the hit) is all yours.
💰 Only invest what you can afford to lose: Never put at risk the money for rent or groceries. This is key: invest what, if you lose it, won't make you wobble.
📊 Plan and diversify: Don’t put everything on one side, make your money play on multiple fronts. That way, if you lose in one, you can win in another.
🎯 Investing is not rolling dice, it's thinking long-term. Take it easy, learn, and let it be what it has to be.
"He who saves always has, and he who invests wisely, also."
Crypto Madam ✨
