Hello and good day to you all, it is my pleasure to be back on the steemit crypto academy homeworks which has been enlightening and educative. I would be talking about Money Management & Portfolio Management which is the week 7 course given by @stream4u so stay glued till the end.

Money management is the practice of making calculated and better financial decisions in terms of budgeting, investing, spending and saving either for personal self or on behalf of another person or group of people. Money management has to do with a lot of actions like investments, paying of bills, feeding, paying taxes and saving for the future e.t.c.

The best way to invest in cryptocurrency is to first of all be certain of the total amount of money you want to invest into it then divide it in 4 to 6 places. The reason is to spread them into different cryptocurrencies and avoid not losing all if there is false indication and manipulation in the market. The other assets would surely go positive and probably cover for losses gotten from the other assests. Basically before chosing what cryptos to invest in, it is paramount to monitor and select the assets that gives a buy indication.

Aftern investing one part of it, repeat your search for other crypto assets by their buy signal, then use the balance of your investment money to continue investing till the whole parts are exuded.

The future plan on my money management is to invest in several cryptocurrencies considering their market capitalization, liquidity and investing in at least 5 assests that gives me the buy indication. Currently 3 amongst the 5 assets I would love get are STEEM, TRON and BNB. This is because I have made fundamental analysis on them and they have proven to be worth investing in.

The future of cryptocurrency is very bright with positive reviews which shows that investing in crypto assests in a wise way is the best decision any investor can make now. doing so now would really pay off in the next 5 years both from those that pays offf within a short term and those that pays off long term.

Portfolio Management is the combination of different investment tools/ crypto assets in an organized form so as to maximise earnings and prevent the invested capital from being exposed to so much market risk within a speculated time.

Assets a better divided into several numbers for more profits than loss and it is a portfolio that is needed to have all the assets in one piece for better management.For example I have a portfolio with 3 assets like BTC, ETH, TRX, BNB and STEEM which I bought at the right time. After a while 3 of them like BTC, ETH and STEEM pumps while TR and BNB dumps, the possibility of making profits is higher and if possible it would cover for losses gotten from the dumped assets BNB and TRX.

My future plans for my portfolio management is to spread my tentacles by investing in futuristic crypto assets with buy indication and building a portfolio for them, I would also ensure proper management of the portfolio to avoid less risks and more profits then boost my investment.

Currently I have no experience of a failed investment especially in crypto assets, however I am considering buying a couple of assets soon and I would also build a portfolio for them and ensure proper management so as to make more profits than losses.

I believe that you now understand more about money management and portfolio management as well as the difference between the both, Money management is simply dividing your available capital into several portions and buyingdifferent assets with themwhile you now create a portfolio for all the assets and manage all of them from the portfolio more profits and lesser risks. You are now set for your money management and portfolio management, see you in the next course. Thank you @stream4u for the wonderful opportunity.