#moneymanagement
Does it go up or down?
I have only recently entered the crazy world of cryptocurrencies and I am not the greatest expert in finance but what saddens me is seeing so many people invest almost all their savings on such a volatile and unpredictable market.
Some time ago I observed and operated in the stock markets and a bitter but useful lesson that I underwent was money management which I now consider the cornerstone of my strategy.
My advice for people like me who are new to this world is to be prudent, invest the right amount in relation to your assets.
And as I always tell myself... you have to consider the money you invest in crypto as lost, because very little is enough, a forgotten password, a hacker or the closure of the exchange.
Let's not bite off more than we can chew.
Let me know what you think.
