I want some advice, I know there are people who invest everything they have without any backup, selling cars, selling their houses just to invest. I think that is very risky. I have saved about $400 after having invested about $2300 in cryptocurrencies from mid-January until now and I have only seen my investments go down. I'm new to the market, I know, but I want to do something smart this time. I haven't sold because those who sell lose. What I did was research the market, its trends over the years, and I realized that this always happens, but when it RECOVERS, it RISES with even more strength. I'm not in a hurry or desperate to make quick profits and I think that's a plus because desperation makes you sell at a loss. I could wait 1 year or more if that will make me profit.
I am just a young person who wants to get ahead and help my family. I ask you if I should invest that $400 or save it to buy other things. I was even thinking of buying a car later on; I have a stable job which I believe keeps me calm because I know that what I invested I will recover with work, and particularly I HAVE FAITH IN THIS...
What do you say, fellow investors?