I see a general sentiment around here that most people think you shouldn't be safe in your investment. Whenever I recommend someone to check out my username I get downvoted.
Jokingly aside, I sometimes recommend people to mostly stick to the two leading coins and maybe invest a few percentages of their portfolio in others, as that will be clearly a safe investment, even if the altcoins they invested in, turn out to be a fail.
That microcap coin that will x100 is one of a thousand and the chances of you getting it are incredibly low. Even if you manage to find it and invest it in, it'll be just luck, you wouldn't be able to replicate that again, so overall it's not useful for your knowledge as an 'investor'.
The main reason I recommend people to be safe is because, if we check the last bull and bear market, only 7 out of the top 200 in December 2017 were higher in May 2022 when I checked this. If this cannot convince you to be cautious with your investment, I'm not sure what can.
Have a nice Sunday !
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments