In ALL investments you win some and you lose some.
Risk management is extremely important. Ie, don't have all your money in one investment.
High risk investments get the smallest allocation in my total portfolio.
Medium risk is in the middle.
Low risk gets the largest.
Risk management is extremely important. Ie, don't have all your money in one investment.
High risk investments get the smallest allocation in my total portfolio.
Medium risk is in the middle.
Low risk gets the largest.
I consider #nodes and non blue chip #crypto high risk. Can you make money? Yes, but as we've seen with $BSN, $MAGIA, $EXILIR they can rug and you lose that money very quickly if you didn't ROI.
Top 25 coins would be considered blue chip, IMO. These would be safer long term.
Top 25 coins would be considered blue chip, IMO. These would be safer long term.
Again, they aren't bulletproof and anything can happen in the world of crypto. Look at $DOGE. All Elon Musk has to do is tweet good or bad about it and it trends in correlation. 🤷🏻♂️
Fundamentally strong L1 blockchains like @PhantasmaChain are my favorite. Absolutely gorgeous.
Fundamentally strong L1 blockchains like @PhantasmaChain are my favorite. Absolutely gorgeous.
Medium risk can be stocks, realty - there's plenty more too, just naming a couple.
Low risks can be dividend portfolios, interest bearing accounts like @anchor_protocol or @FreewayFi, and some ETFs, Hedgefunds.
Moral of the story - don't sink everything in nodes.
Low risks can be dividend portfolios, interest bearing accounts like @anchor_protocol or @FreewayFi, and some ETFs, Hedgefunds.
Moral of the story - don't sink everything in nodes.
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