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RE: Let's Talk—If Bitcoin Is Heading Towards a Bubble-How Will You Hedge Your Risk?
One personal tip: look for things that may actually be mass adopted, and is doable.
There is a lot of promisses, but few have something concrete.
At this moment i only ser ethereum, dash, ripple, steem and maybe bitshares as coins that actually have something to deliver.
Remember the internet bubble, and try to understand what made the companies that survived pass through the Dark period.
Thanks - I really appreciate the advice! Literally JUST learning right now. Ripple was convincing to me, so I did get some of that. In my reading, Cardano also seemed like a good option? Thoughts? I don't understand enough pieces just yet. Because I don't have much to invest, I'm trying to balance the projected stability of certain coins with how much I stand to gain given that I'm starting with so little; doubling or even 10xing $50 or so, while fun, isn't life-changing. One of the little wild cards taking off, however, could be!
Thanks so much for taking time to comment. I really appreciate it. Kay
I am going to learn more about the dot com bubble. I really have no clue. I'm an artist, not a techie or an economist; I've never been able to consider investing before! But I'm finding I really enjoy all of this, and feel I am learning quickly, relative to where I started.
No worries, i and also New on cryptos, and not so new with investing. But since i started to dig deeper on the financial market i found out how fascinating this world is.
I recomend that you read this book. It doesnt teach How to become billionaire, but its a good narrative that teach a lot about what not to do when you are new on the market...
Also, never believe in the easy money. All money comes from knowledge and work. What we need to learn is how the smart money work.
About Cardano, havent checked It yet. Its too many cryptos to follow.