Comments on Profile Post by Novela

Be careful with Crypto.

i'll try and why ? :flushed

i know it can be hacked and such :flushed
so i'll input like around 100-200 euro not too much before cashing out and such 0.0

Because its extremely Volatile.

put in 80 euro and i'm using bittrex :flushed

Good luck!

i invested in ada and trx
and so far going up and down in cents wise

And why did you pick those ones?

cuz it looked okay rofl :flushed and did euro instead us market and then was like f

are they bad osa?

I don't know, that's why I am asking.
Like I said before. When you buy something, make sure you know WHY you are buying it.

Do the have good growth? Are they working on a products? did they just make a big deal with someone important? Etc etc

I'm not saying sell them back, nor am I say it was some amazing deal.
Rather the point I am trying to make, is to get you to think about the WHY.

That's the first thing to think about when investing; Don't just say "hey, this looks good", but rather, make sure you have a solid REASON for investing in someone.

I looked at ada for long term and overall it goes up in % profits [friend recommended]
Trx be volatile and such but another friend mentioned
so i invested 1/4 into trx and 3/4 into ada

reddit i saw about a new change for ada and trx didn't really see anything so just was like a random bet really for trx [20 euro into trx :x]

*nod nod* as long as you have a solid idea.

I'd also recommend doing research into each Company's operations, see where they are going and what they are doing. That should give you an idea about where they might go in the near future.

That will help you avoid selling too early, or not selling when something bad happens.

i got the app coinmarket cap to check it a bit

osa but what about a digital wallet to withdraw ur money ? do you need that after you sell?

Totally depends.
You could get one, as a extra means of security, but some brokers will let you withdraw directly.

i see

Personally I would just have it go through your bank, though.

Easier to deal with, and more secure. Sure, you lose some of DW functionality, but if you're not actively spending, its not a big deal.

i really should've just invsted in one instead of 2 :X

Nope, get that idea out of your head.

While investing in one might mean you get higher returns if it pans out, it also means you risk a lot more.

Its better to spread your investments out. Maybe have 1 or two with more on than the others if you're confident (CONFIDENT! Not just "maybe this one will work) that its going to see a profit

But NEVER put all your eggs in one basket. That's how people lose eveything.

https://beaconpointe.com/diversification-dont-put-all-your-eggs-in-one-basket/

https://www.moneylens.com/topics/investing/the-importance-of-diversification

https://passiveincomemd.com/putting-all-your-eggs-in-one-basket/

https://blakelyfinancial.com/news-insights/diversification-not-having-all-your-eggs-in-one-basket-is-a-good-thing/

so osa finally helping so I won't go homeless 0.0
Then maybe is fine cuz u have to continuously look at it 0.0

I'll read them later still need to study for school 0.0

*pulls her cheeks* More like you are going to learn better if you learn to look these kinds of things up yourself and figure out what you need to know.

These links are more just about the same thing, just in diff ways.

i'll read them later :flushed
Need to study for school *pout*
joseph hehe :P