A sensible decision 😇

Should you take the plunge? The answer is yes, with moderation but...without a doubt, because at the very least, the tech is here — and if you are here, you must have understood that. It will now be about learning to use your own assets yourself. In any case, that's the option offered!

Before getting into the heart of the matter, let's discuss the principle of the "good family man," which is a well-known term in Belgium and has its relevance in taxation.

It's a simple yet powerful image, and I invite you to simply imagine that you are a parent, with responsibilities, projects, a family to protect, and always ask yourself this question before acting: As a responsible parent, is what I am about to do coherent? If the answer is "yes," continue; if the answer is not a "yes," you are already far from the initial idea, and you should reconsider the question.

This reflection, although old, is still very relevant, especially in a world like crypto, where adrenaline and speculation sometimes take precedence over common sense. It will simply be about being rational and staying aligned with this principle during your decision-making.

The "good family man" can take risks, but these will be well-considered and long-term. Applying this method will leave you calm in the face of all market trends. And above all, only invest amounts you are willing to lose (thus having a neutral effect in terms of impact in case of total loss).

That said, the goal today is to get started with less than €100, which will be your test amount. Starting small is not a problem; on the contrary: it's an opportunity to minimize risks and gain a bit of confidence.

Reminder of the fundamentals of diversification & security!
The basic investment rules remain valid:
- Use a recognized platform like Binance to buy or even store your assets.
- Enable two-factor authentication (2FA).
- Activate the fee reduction option in BNB
- Diversify your portfolio to limit risks.

Typical allocation with less than €100
Binance $BNB : €15 + (€10 for fees)
Bitcoin $BTC : €25
Ethereum $ETH: €15
Solana $SOL : €15
Stablecoins ($EURI /$USDC) : €15 to €19 to stay under the set limit (liquidity, buying opportunities, earn)

Then, for transaction fee reasons, you could use a non-custodial wallet for complete control. However, this will involve fees in the respective pairs, fees that will also need to be considered in your profitability ;-)

Consideration for holding a resilient portfolio:
- Invest for the long term: "buy & hold" strategy for this first draft.
- Discover and apply DCA (periodic purchases).
- Rebalance if necessary: if an asset gains too much weight, sell a small portion to maintain overall balance.
- Pay yourself or the market will do it for you.

Follow cryptocurrency prices in real-time on Binance https://www.binance.com/en/price as well as to plan and create a well-balanced crypto portfolio 😉

Follow me for the next steps!
Fred_bnb

The best portfolio is the one that lets you sleep at night.