How much % of your assets are allocated to crypto?

[yohananaomi]

It is indeed better to have your own analysis so that you have data that can be used as a reference when needed and will be an example so that if you make a mistake, you don't do the same thing but fix it. But it is not unimportant to have help from those who understand more, but we must still be the ones who determine whether we want to use it or not, what is given is only a reference.
Everything that is done is the best choice to do and always record it properly.

In my opinion, it is better to use your own analysis as a reference because we will know my analysis and we can improve it to be better. Other people's analysis is only for comparison and do not be influenced by their analysis if it is different from ours, I am always more confident with my own analysis even though it is sometimes wrong.

Exactly right, and I also have the same thoughts about analysis, even though we are just learning, but doing our own analysis is something satisfying, and it must be understood that by doing our own analysis we can find out where the weaknesses are that we may have made, and we can fix them and not repeat it again so that it does not harm the future.
Right, it does not mean that we do not respect other people's analysis, especially if it is of high quality, but let it be used as a comparison with what we do and just determine which one we will use.

[dekafee79]

Exactly right, and I also have the same thoughts about analysis, even though we are just learning, but doing our own analysis is something satisfying, and it must be understood that by doing our own analysis we can find out where the weaknesses are that we may have made, and we can fix them and not repeat it again so that it does not harm the future.
Right, it does not mean that we do not respect other people's analysis, especially if it is of high quality, but let it be used as a comparison with what we do and just determine which one we will use.

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

[pieppiep]

Exactly right, and I also have the same thoughts about analysis, even though we are just learning, but doing our own analysis is something satisfying, and it must be understood that by doing our own analysis we can find out where the weaknesses are that we may have made, and we can fix them and not repeat it again so that it does not harm the future.
Right, it does not mean that we do not respect other people's analysis, especially if it is of high quality, but let it be used as a comparison with what we do and just determine which one we will use.

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

Well, becoming a professional trader means being able to perform mature independent analysis. In many cases when errors or failure is made it can be used as a strength in future when providing strategies for the betterment of the firm. This way, we can see market patterns more clearly, make decisions based on data we feel most confident about, and develop the subtler capabilities.

While incorporating the analysis of others can generate other information, the decision still has to be driven from the understanding and personal belief system. This also gives more ownership and ensures that we are in a better place of ensuring consistency in trading strategies are followed. Gradually we will be able to study and assess the fact that with time our analytical ability will improve and gradually get closer to becoming better traders.

[MrSpasybo]

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

Well, everyone has different capital and financial capabilities, so our capital allocation and usage vary significantly. Some people choose to go all-in on crypto instead of diversifying into other markets like stocks and real estate. However, others prefer to keep fiat or stablecoins to earn a safe APR rather than investing and taking on risks.

This partly stems from each person ability to analyze the market and their expectations. Personally, I don't have much experience with the Vietnamese stock market, nor do I have enough capital to invest in real estate. Therefore, I decided to go all-in on crypto and only keep a small portion of my assets as working equipment and emergency funds.

[nakmantu99]

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

Well, everyone has different capital and financial capabilities, so our capital allocation and usage vary significantly. Some people choose to go all-in on crypto instead of diversifying into other markets like stocks and real estate. However, others prefer to keep fiat or stablecoins to earn a safe APR rather than investing and taking on risks.

This partly stems from each person ability to analyze the market and their expectations. Personally, I don't have much experience with the Vietnamese stock market, nor do I have enough capital to invest in real estate. Therefore, I decided to go all-in on crypto and only keep a small portion of my assets as working equipment and emergency funds.

Honestly, I prefer investing in crypto even though the risk is high, but for 9 years I have invested in crypto, I have made a lot of profit even though I started with a small capital. I don't invest in stocks because I don't have the ability in stocks. We should invest in something that we are capable of and have knowledge and experience in.

[MrSpasybo]

Honestly, I prefer investing in crypto even though the risk is high, but for 9 years I have invested in crypto, I have made a lot of profit even though I started with a small capital. I don't invest in stocks because I don't have the ability in stocks. We should invest in something that we are capable of and have knowledge and experience in.

Congratulations on capitalizing so effectively on the market timing to generate substantial crypto profits. While our discussion is theoretical and general in nature to foster caution among investors, it's important to note that this approach might not be optimal for seasoned veterans who have been in the market since its inception.

I concur that investors should select markets that align with their unique capabilities to maximize their advantages and translate them into earnings and profits. Out of curiosity, I wonder if you've encountered any significant challenges when transitioning your investment strategy from crypto to stocks?

[yohananaomi]

Exactly right, and I also have the same thoughts about analysis, even though we are just learning, but doing our own analysis is something satisfying, and it must be understood that by doing our own analysis we can find out where the weaknesses are that we may have made, and we can fix them and not repeat it again so that it does not harm the future.
Right, it does not mean that we do not respect other people's analysis, especially if it is of high quality, but let it be used as a comparison with what we do and just determine which one we will use.

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

It is not easy to become a professional trader as you said, because it takes hours of work to analyze every movement well and not based on assumptions alone, but must go through a study that can be calculated.
Sometimes those who are already experts also need information from other people's studies to be used as a comparison that can at least determine the direction to be taken.
Everything must be calculated well, but I believe they can be experts because of their ability to analyze themselves with guidelines that can certainly be accounted for.

[enoch_from_off]

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

Well, everyone has different capital and financial capabilities, so our capital allocation and usage vary significantly. Some people choose to go all-in on crypto instead of diversifying into other markets like stocks and real estate. However, others prefer to keep fiat or stablecoins to earn a safe APR rather than investing and taking on risks.

This partly stems from each person ability to analyze the market and their expectations. Personally, I don't have much experience with the Vietnamese stock market, nor do I have enough capital to invest in real estate. Therefore, I decided to go all-in on crypto and only keep a small portion of my assets as working equipment and emergency funds.

Honestly, I prefer investing in crypto even though the risk is high, but for 9 years I have invested in crypto, I have made a lot of profit even though I started with a small capital. I don't invest in stocks because I don't have the ability in stocks. We should invest in something that we are capable of and have knowledge and experience in.

As MrSpasybo said, I am happy that you found your own way and got something out of it, going forward now (supposedly).
The risks are higher on some coins, on some - they are fewer, however, there is no doubt that, with the right expertise, knowledge, and determination, a person can find the project or a token that would be beneficial to invest in.

[MrSpasybo]

It is not easy to become a professional trader as you said, because it takes hours of work to analyze every movement well and not based on assumptions alone, but must go through a study that can be calculated.
Sometimes those who are already experts also need information from other people's studies to be used as a comparison that can at least determine the direction to be taken.
Everything must be calculated well, but I believe they can be experts because of their ability to analyze themselves with guidelines that can certainly be accounted for.

Well, I think a professional trader doesn't necessarily need to be a market analysis expert to conduct in-depth research and calculations. A trader is someone who professionally manages capital and psychology. They can minimize losses when making wrong decisions and maximize profits when making correct assessments. The ultimate goal of a trader is to make a profit, even with a win rate below 50%.

To achieve professional psychological management, I think a trader shouldn't invest 100% of their capital in crypto. They should have bank deposits for peace of mind, even when facing the extremely high volatility of the crypto market.

[satpol_PP]

It is not easy to become a professional trader as you said, because it takes hours of work to analyze every movement well and not based on assumptions alone, but must go through a study that can be calculated.
Sometimes those who are already experts also need information from other people's studies to be used as a comparison that can at least determine the direction to be taken.
Everything must be calculated well, but I believe they can be experts because of their ability to analyze themselves with guidelines that can certainly be accounted for.

Well, I think a professional trader doesn't necessarily need to be a market analysis expert to conduct in-depth research and calculations. A trader is someone who professionally manages capital and psychology. They can minimize losses when making wrong decisions and maximize profits when making correct assessments. The ultimate goal of a trader is to make a profit, even with a win rate below 50%.

To achieve professional psychological management, I think a trader shouldn't invest 100% of their capital in crypto. They should have bank deposits for peace of mind, even when facing the extremely high volatility of the crypto market.

good advice, to keep having good psychology we should not use all our capital at least there is savings in the bank for needs. because a trader must have good emotional management and risk management skills.
but in my opinion professional traders also still do market analysis because they have to make good plans and predictions before deciding to trade.

[bitcoin-shark]

In investments there is never certainty which is why we must always try to diversify as much as possible, however let's say that a good part of my investments, 20% goes to cryptocurrencies

[Geey]

Exactly right, and I also have the same thoughts about analysis, even though we are just learning, but doing our own analysis is something satisfying, and it must be understood that by doing our own analysis we can find out where the weaknesses are that we may have made, and we can fix them and not repeat it again so that it does not harm the future.
Right, it does not mean that we do not respect other people's analysis, especially if it is of high quality, but let it be used as a comparison with what we do and just determine which one we will use.

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

I also agree with you, because every analysis is important and our self-confidence is also important so that we must do the analysis carefully in order to produce something profitable and doing your own analysis is the main thing to be the main reference in trading and other people's analysis as a reinforcement of our analysis.

[yohananaomi]

Exactly right, and I also have the same thoughts about analysis, even though we are just learning, but doing our own analysis is something satisfying, and it must be understood that by doing our own analysis we can find out where the weaknesses are that we may have made, and we can fix them and not repeat it again so that it does not harm the future.
Right, it does not mean that we do not respect other people's analysis, especially if it is of high quality, but let it be used as a comparison with what we do and just determine which one we will use.

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

I also agree with you, because every analysis is important and our self-confidence is also important so that we must do the analysis carefully in order to produce something profitable and doing your own analysis is the main thing to be the main reference in trading and other people's analysis as a reinforcement of our analysis.

It is not easy to be able to do and dare to make a decision to use your own analysis as a guideline in everything we do, but once again, all of that is for the purpose of our own good.
I totally agree, that using your own analysis is the goal to easily correct if there are mistakes we make, but still always be able to receive every good information to be used as a reference and comparison from what we have.

[luckyledger]

In investments there is never certainty which is why we must always try to diversify as much as possible, however let's say that a good part of my investments, 20% goes to cryptocurrencies

Yeah, only the money you are willing to spend should be allocated to both trading and investing, in my opinion. In the end, it should be a good bonus for yourself, the effort and patience put into it should be and will be rewarded if a person is responsible for where they put their funds and how they work out the analysis on the projects.

[royalRitta]

Exactly right, and I also have the same thoughts about analysis, even though we are just learning, but doing our own analysis is something satisfying, and it must be understood that by doing our own analysis we can find out where the weaknesses are that we may have made, and we can fix them and not repeat it again so that it does not harm the future.
Right, it does not mean that we do not respect other people's analysis, especially if it is of high quality, but let it be used as a comparison with what we do and just determine which one we will use.

If you want to be a professional trader, we should do our own analysis and if there is a failure and mistake we can learn from the mistake and improve our analysis. We can take other people's analysis into consideration but our own analysis is still the main thing. I agree with you, sis.

I also agree with you, because every analysis is important and our self-confidence is also important so that we must do the analysis carefully in order to produce something profitable and doing your own analysis is the main thing to be the main reference in trading and other people's analysis as a reinforcement of our analysis.

Yeah, and efforts should be gone through in order to do a get analysis. Expertise, your knowledge, and projects that you worked on previously should help you to get to your target if you are determined enough. Analysis is very important if you want to reach your goal eventually.