Everyone says to be very picky in terms of investment. There are indeed many ways to invest your money but instead of investing all your money at once you can invest your money in small amounts.
Sure investing in a lump sum amount can be a good way of investment but not all the time can give you good results. Sure if you have invested a lump sum amount of money in BTC in 2010 then sure if you are a billionaire or maybe a millionaire who knows? Maybe you want to keep that a secret.
But can you imagine the pain of the users/investors who have invested their money in BTC when it was at its all-time high? Now you can imagine how much their portfolio would be worth. Sure BTC will cross that mark one day no doubt about that but it will surely going to take a long time to reach that far again there must have to be a piece of very good news to pump BTC that far again. I present there is bad news for cryptocurrencies. But the beginning of 2023 seems to be a good sign for the crypto industry.
Your investing amount can't be attached choice but if you are a regular investor you do investor XX amount of money monthly and you are regular on that for years and you are increasing the amount of the investment by a few percentages yearly then that can be really game-changing on your investment.
Maybe that little percentage doesn't seem to be a huge amount to you right now but as time will pass you will see how fast you are wealth is growing and you will see the returns after that. Sure this is a slow study process but the results are really fruitful. You do have to be very patient if you are in a regular investment strategy. It is not a short-term processor it is going to take time at least 15 to 20 years if you can extend it further then the results would be juicier.
If you are a regular investor then you don't even have to worry about the market's up and down. If the market is down then that would be more like an opportunity for you to imagine if you are investing 100 USD per month on a particular share or cryptocurrencies.
Then on a particular date, you will buy automatically that particular asset for 100 USD. It doesn't matter in the market is up and down you just have to invest 100 USD per month at this rate by the end of the year you are investing will be 1200 USD. Sure there is no guarantee that in a year you will get a good profit maybe you are at a loss but in long term, you will see that you are sure to have a good profit should It totally depends on the share or cryptocurrency which you have chosen and to invest in.
If the market is down then sure it will go up and if it is up from weeks or months then sure it will Kota that is obvious and the good thing is you don't have to look over the charts and the price every time like if you are trading. You just have to invest and sit back and relaxed. Then the money will work for you you just have to wait for other fruits. I have invested in a few sips and by the mid of this year I am planning to invest in a few cryptocurrencies and BTC would be one of them.
This is not financial advice this is only my thoughts on the topic.
Keep learning and keep exploring...
few posts from my past that might be helpful for you.
wish me luck 😅
Thanks a lot for staying till the end 😃🙏, let me know what you think.
Never forget one thing you should be grateful for because what you have someone has a dream of that. So learn to be grateful. Be Thankful.🙏😀
Thanks a lot for being here, let me know what you think.
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