You are viewing a single comment's thread from:

RE: The trade

in LeoFinance4 years ago

Hi @galenkp

Invest in the crypto market? It is a good bet for many if we see it as the future that has already arrived. However, as you well know, all investments involve risks and follow the rational maxim: buy when it goes down and sell when it goes up. Of course, the problem is in predicting the behavior. Like you, I am not an expert investor, but like some, I tend to mistrust common sense in business matters. It is speculated that bitcoin will reach the Moon, and investors are focused on it, soon we will not be able to enter the market with great aspirations, so if you can, take a small portion that you do not fear losing and put it there.

Polkadot is a project that has had lately been sounded by its market capitalization. The project looks interesting, so it's not a bad idea to take a look at the altcoins associated with it. Who removes, let's find a hidden vein of gold in the medium term. At our age, long-term investments will not be for our own enjoyment, but for our children and grandchildren. Those who, in general, will squander it, either through greed or inexperience. Also, who knows what the future will hold for them in a world that has already begun a transition.

My dear friend, do not take my thoughts as investment advice. So alone, I share my impressions. It is preferable that you pay attention to your younger brother @tarazkp, who seems to be clearer than us.

Have a wonderful week.

Posted Using LeoFinance Beta

Sort:  

I agree with your comment about our age. I often say to my brother that I don't have a lot of time to make stuff happen and so need to do what I can, when I can, and hope for the best. I have no children so everything I have will go to my nieces and nephews including my investments. They can squander it if they wish, I'll be dead so won't care.

For now I have a little fun, play around with it a bit, and see what I can make happen. Theres no real skill or any great knowledge behind what I do where crypto's are concerned but I have a bit of fun and the value keeps score.