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Title: What are your investment goals? Is there a right and wrong way? Post by: Poink on September 18, 2017, 01:37:04 PM I read a post about NOOBs (I am one) doing things wrong and I start wondering.
How big a factor does your "morals" play when choosing a coin to invest on? Is it wrong to just go after risky big (even just short term) returns? For now, I see cryptocurrency as purely an investment opportunity. My goal is to reap maximum returns in as short time as possible (not easy). I am fully aware of the risks and I factor that in my choices/decisions. I don't let my morals, belief, emotions, etc. influence my coin choice as long as it helps attain my goal. That said, I won't cheat, steal, mislead, or step on anyone to do so. I do both long term and short term investing. Sitting on a coin (BTC for example) is indeed proven to be a safe hassle free long term investing technique but it is just not for me. Though it produces excellent returns, I don't believe it is optimal. In my (short) search I did worse but it is necessary for me to progress. The "loss" is considered "tuition fee" :D LOL How about you? |