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RE: Gone full bananas with my savings!

in #cryptocurrency7 years ago (edited)

If you have a place to live and something to eat (and such basics) you will do just fine. Just take it easy and be very careful not to forget the people close to you :) Same as betting market and such, do not lose more than you can (always think that).

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I'm all in baby! Have a place to live and income, but if this goes south then im fucked

How did you invest in it?

bought allot of it. i'm also playing with some of it on poloniex

You need to diversify more. It's not very wrong to have most of your money in crypto, as long as you have it in many different coins so that a few negatives won't hurt you. Longterm you will increase your profits. I hold over 20 altcoins. Also keep in mind to keep most off your stuff off the exchanges and only put it there when you're making a trade. My advice is not to do daytrading but instead learn the principles of value-investing. Lots of tools available for this.

yeah, I know that its better to invest smaller amounts around, but yeah. I'm stupid.