LIVEDON'T INVEST YOUR INCOME !
Recently, someone who follows me said, "everything I earn from my job, I'm going to invest in crypto!" Never make this mistake, it's probably one of the best ways to lose all the time spent working and end up with empty pockets and no savings.
Investing a portion of your income in crypto and stocks is a very good idea. But above all, do not make the mistake of investing all your income in crypto, not even the majority of it.
Never forget that cryptocurrency is a very risky market, which can certainly make you gain a lot, but can also make you lose a lot.
Investing the majority of your earnings involves a huge capital for which you are probably not psychologically ready, and this will undoubtedly lead you to make huge, often emotional mistakes.
Believe me when I say this and don't even try, during the last bull market I saw dozens of people act this way and lose from 3 to 12 months' worth of salary, foolishly. And of course, these people sold at the worst times and bought at the best times. Act in a way that you don't end up like this at the end of this bull market.
I know many will criticize this opinion because they are fans and absolute believers in crypto, don't listen to them: they think ideologically, believing that cryptos are invincible and carry no long-term risk. Which is obviously false.
Invest in the market, take your profits by selling your cryptos, then get out: you will come back during the next cycle and believe me, you will thank me.
This post reflects only my opinion.
Thank you for reading.
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