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Economics , Sociology & Politics / Re: Re learn how to invest your money
« on: May 15, 2024, 02:44:40 PM »well yeah I am also supporting Diversification and that is what i also do in my folio , i just imply to safe investing when i said Bitcoin only as HODLER but yeah all you have mentioned is complete tool for safer and better outcome.Yes, with such a falling market, the best option is self-studyif you still have no definite Idea about which to invest then best to put all in bitcoin as the safest and the most secure currency mate.
and Self study in always the best strategy to never rely to what will others says because this is your money and no one really cares about what you can attain here in this place of investments.
That's a very controversial statement. If you have extra money, you have a financial cushion, and you accept the risks - then you can. But invest part of your free money.
1. The first and foremost rule of an investor is risk diversification. This means that you cannot invest ALL assets in one investment object.
2. invest the amount you can afford to lose, without creating a critical financial situation.
3. If you do not have reserves that will ensure your existence and the existence of your family, in case of failure in investing - do not take risks, but learn and accumulate assets