NewCriptoBeginner
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Have you ever wondered what the best way to learn to invest is?
Well, the answer is not simple and each person has their own way of learning. The only thing that is certain is that we all make mistakes sooner or later.
Perhaps the greatest recommendation that can be given (especially since I am also someone who is just starting out) is: If you are going to make a mistake, let it be a cheap one.
Let's be honest, we all want to make money but, as the crypto ecosystem evolves, it will become increasingly difficult for any investment you make to explode and generate big profits.
We are novices, we must learn to analyze and we will make mistakes while doing so. If you want a lower-risk investment, Bitcoin is the best option. The rest is like betting on roulette if you don't know what you're doing. If you are going to invest in altcoins, you better know what you are doing; otherwise, do not invest an amount that you really need. Invest something that you can afford to lose without it negatively affecting you if it goes wrong.
Good luck to each of us who is starting in this crypto world.
#LearnFromMistakes #LearnTogether #RiskManagement
Well, the answer is not simple and each person has their own way of learning. The only thing that is certain is that we all make mistakes sooner or later.
Perhaps the greatest recommendation that can be given (especially since I am also someone who is just starting out) is: If you are going to make a mistake, let it be a cheap one.
Let's be honest, we all want to make money but, as the crypto ecosystem evolves, it will become increasingly difficult for any investment you make to explode and generate big profits.
We are novices, we must learn to analyze and we will make mistakes while doing so. If you want a lower-risk investment, Bitcoin is the best option. The rest is like betting on roulette if you don't know what you're doing. If you are going to invest in altcoins, you better know what you are doing; otherwise, do not invest an amount that you really need. Invest something that you can afford to lose without it negatively affecting you if it goes wrong.
Good luck to each of us who is starting in this crypto world.
#LearnFromMistakes #LearnTogether #RiskManagement
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Learning Update:
Notice: Do not use the numbers set in this post as investment recommendations. The situations presented are hypothetical, without prior analysis.
After starting, I have tried new alternatives to earn more. I must admit that futures are not my thing, so for now, I will resort to safer investment alternatives.
Among those alternatives, I found dual investment, where I can set buying and selling prices for cryptocurrencies in exchange for receiving interest based on the established price. That is, if I believe that Bitcoin is going to increase in price in the next 4 days (for example), I can set a Dual Investment where I set the target buying price at 106,500 (close to what it is at the time of this post) and receive an interest of approximately 60%. What's the problem? If Bitcoin falls below 100k (again, emphasizing that this is an example), I would still buy at 106,500 at the end of the dual investment term, losing money.
So far, my projections have been met, despite the current geopolitical situation (which can make a market relatively volatile).
What other investment alternatives do you recommend?
$BTC $ETH
Notice: Do not use the numbers set in this post as investment recommendations. The situations presented are hypothetical, without prior analysis.
After starting, I have tried new alternatives to earn more. I must admit that futures are not my thing, so for now, I will resort to safer investment alternatives.
Among those alternatives, I found dual investment, where I can set buying and selling prices for cryptocurrencies in exchange for receiving interest based on the established price. That is, if I believe that Bitcoin is going to increase in price in the next 4 days (for example), I can set a Dual Investment where I set the target buying price at 106,500 (close to what it is at the time of this post) and receive an interest of approximately 60%. What's the problem? If Bitcoin falls below 100k (again, emphasizing that this is an example), I would still buy at 106,500 at the end of the dual investment term, losing money.
So far, my projections have been met, despite the current geopolitical situation (which can make a market relatively volatile).
What other investment alternatives do you recommend?
$BTC $ETH
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Hey, I am starting in crypto and I would like to learn more. Could someone tell me where I can learn and see reliable news? $BTC
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