DNotesEDU’s Multi-Faceted Approach to Cryptocurrency Investment
Original Post: https://www.dnotesedu.com/2018/09/dnotesedus-multi-faceted-approach-to-cryptocurrency-investment/
Prepare Yourself Financially for the Event of Total Loss
While most amateur investors have a tendency to convince themselves that the investments they pick are a sure thing, history tells a very different story. The investment battlefield is littered with corpses of greedy investors who let a desire for more dictate their investment strategy, and they ultimately went broke. The most logical first step you can take toward becoming a successful investor, is ensuring you have amassed enough disposable capital. If you only invest capital you can afford to lose, your base standard of living will not be detrimentally affected by poor investment performance. Start by eliminating non essential items from your budget, and instead save that money to make investment portfolio contributions.
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