I won't go bankrupt. I only invest in cryptocurrency with my spare cash and not with all my life savings. I have reads so many things and I understand the risks involved in cryptocurrency , so I cannot risk my whole money.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
Investing a large stake of your financial assets into cryotocurrency is not a really wise economic move because cryptocurrency in general is not reliable and stable enough to provide regular returns on your investmentYou really have to try as much. As I have setted it in one of my comments I can only be able to invest 40% and that's all . others goes into stable cryptocurrency with no possibility of reducing in value due to volatility.
For now 30% of my earnings goes into a cryptocurrency as I consider this to be the best time for people to buy their favourite. It was before that I believe saving money in cryptocurrency was the best until I came to understand about the bearish season.I won't go bankrupt. I only invest in cryptocurrency with my spare cash and not with all my life savings. I have reads so many things and I understand the risks involved in cryptocurrency , so I cannot risk my whole money.
30% of money for crypto investment is ok. it will not make you go bankrupt if it happens that cryptocurrency cease to exist. However we're always advised that we are supposed to be investing what we can afford to lose. That is the general rules.I am saving my money for something very important and not only to invest in cryptocurrency.
For now 30% of my earnings goes into a cryptocurrency as I consider this to be the best time for people to buy their favourite. It was before that I believe saving money in cryptocurrency was the best until I came to understand about the bearish season.
30% of money for crypto investment is ok. it will not make you go bankrupt if it happens that cryptocurrency cease to exist. However we're always advised that we are supposed to be investing what we can afford to lose. That is the general rules.
The Bearish season in cryptocurrency has really taught me a lesson because a lot of people who were investing all their life savings in cryptocurrency with the main purpose of generating profit may be going through a lot of financial stress now.30% of money for crypto investment is ok. it will not make you go bankrupt if it happens that cryptocurrency cease to exist. However we're always advised that we are supposed to be investing what we can afford to lose. That is the general rules.
Since bitcoins is a very trusted cryptocurrency , so many people seems to be risking so much money in Bitcoin as it is not trusted. A lot of people that invest heavily don't trust alternative cryptocurrency at all.The percentage of portfolio might vary and differ. It also depends on how much you are willing to risk in such kind of markets. Personally, I would never risk a huge sum of money at all.
It is a wise choice to not invest all your savings and all your money in something risky like crypto, you should invest as much as you can afford to lose because more than that will damage your financial life.If I lose all my cryptocurrency holdings that means 50% of all my money is gone. I'll probably not go bankrupt because I have other savings but that may affect me emotionally.
Probably, there was a time I lost almost all my money in cryptocurrency. That actually taught me a lesson for the future. Investing what you can afford to lose is always the best.It is a wise choice to not invest all your savings and all your money in something risky like crypto, you should invest as much as you can afford to lose because more than that will damage your financial life.
I think you probably have enough to make investments in different projects and that's really cool. Other than cryptocurrency, I don't think I would trust any other investment platform.Cryptocurrency is among one of my most significant investment but then I am not going to be going bankrupt if I am going to lose all of them. I have made my investment in such a way that I do not put everything in one basket.
That is really very good. It's not always wise Ito have all your eggs in one basket but finding project to invest in these days is actually something very difficult. That's why I just left mine in the cryptocurrency market.I have a substantial amount of crypto investment, however, I also have other investments as well as I have multiple income sources. Therefore, I will not become bankrupt even when I lose all my cryptos.