1Mes
At 19 I became all in on bitcoin!!!is not a tip !!! I am 35
Since you are so young and still have a lot of time ahead of you
I was fully on risk
Since you are so young and still have a lot of time ahead of you
I was fully on risk
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1Mes
Hello @salvo89ari
Thanks for your advice!
Does "fully at risk" mean investing in cryptocurrencies for you? Or what exactly do you mean by that?
Thanks for your advice!
Does "fully at risk" mean investing in cryptocurrencies for you? Or what exactly do you mean by that?
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1Mes
@Fixeira bitcoin only
That's what I did when I was 19
But clearly invest for the long term, around 7 to 10 years. Collect bitcoin
Everyone has to know for themselves
Don't know if you can manage if your portfolio is down 50 percent because bitcoin is very volatile
Your emotions play a very big role in investing
Since you are so young I recommend you to read some books about investing
Preferably no emotions !💪
That's what I did when I was 19
But clearly invest for the long term, around 7 to 10 years. Collect bitcoin
Everyone has to know for themselves
Don't know if you can manage if your portfolio is down 50 percent because bitcoin is very volatile
Your emotions play a very big role in investing
Since you are so young I recommend you to read some books about investing
Preferably no emotions !💪
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11
•1Mes
@salvo89ari Regarding my emotions: What doesn't fit is made to fit, my father once said to me 😂Do you have any good books that you would recommend to me?
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1Mes
@Fixeira Peter Lynch
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1Mes
@Fixeira Benjamin Grahame the intelligent investor
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1Mes
But you have to read old books if you want to become an investor
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1Mes
If you're still young, you can always invest in the market and there are always good opportunities
But you have to know your way around
do your homework
Go to Yahoo Finance
And enter a share
And have a look at the balance sheets
If you can read and understand what it says about the financials of a stock, no matter which one
Then you're good to go but it takes time
But you have to know your way around
do your homework
Go to Yahoo Finance
And enter a share
And have a look at the balance sheets
If you can read and understand what it says about the financials of a stock, no matter which one
Then you're good to go but it takes time
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1Mes
And what is very important is money management
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