Are you investing in crypto currency alone?

[tabas]

I don't invest only into cryptocurrencies. Because I don't see it as logical thing to do. I believe that we should increase our alternatives to feel safer in bad times. I have investments into fiat and especially gold also. I think that investing into gold is very important in case there could be an economic crisis.

I don't invest in gold and my treatment to my asset as gold is with bitcoin. That's more preferably my treatment to bitcoin as my gold. But I hope that someday I would be able to own some gold too. What are your other investments you say in fiat?
Fiat isn't an investment but it's cash and I guess you're trying to say that you've got other investments that's very liquid and in other form as an asset.

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[GideonGono]

At the moment yes cryptocurrency is my only Investment,
But I also want to invest in other things to sustain my profit when crypto is dropping down.
I couldn't just rely on crypto alone since it is too volatile.

[Kong Hey Pakboy]

~

I had this kind of scheme about a month ago and now that I have enough money, I am slowly branching out towards NFTs and stocks so I can make some more of those passive income that you are mentioning although I want to consider doing some work.

That's on you though, I mean everyone has their own methods to get by in this life. It's good that you are able to branch out of stocks and NFTs especially with NFT because they are a hot item in the cryptospace right now and I think that the earlier you get, the more money you are going to make.

[Xinarae*]

When it comes to investing in cryptocurrencies it is usually up to the individual to decide where to invest and sell when there is more profit. Many times if you want to get more profit you are at risk a trading strategy when implementing an investment is a plan that you follow there is no single right approach to trading so each strategy will largely depend on the profile and preferences of the trader. The economic crisis affects everything in the country but crypto has no intervention looking for investments that would be relatively safe from volatility or risky ones that could bring higher returns in the short term.

[secretgirl]

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?

In my opinion, the current economic problem in my country is not encouraging. I say that because I am referring to the unemployment rate which is still high, and is increasing due to the impact of this covid, plus there are government regulations which in my opinion put more pressure on the workers. the existence of crypto may be a solution for the economy in my country, but the government is still not supportive of crypto. I currently don't have a lot of savings in crypto, because I don't have enough capital to invest a lot. but I still want to invest in crypto instead of other investments, when I have a lot of capital later. because I feel that the benefits of investing in crypto are greater than other investments.

[CapGelatik]

At the moment yes cryptocurrency is my only Investment,
But I also want to invest in other things to sustain my profit when crypto is dropping down.
I couldn't just rely on crypto alone since it is too volatile.

I think it's a good decision to be willing to invest in something other than cryptocurrencies,
with a very volatile price, of course the risk is very large and investing in cryptocurrency is difficult,
we must really understand market movements and be able to analyze them

[S4VV4S]

At the moment yes cryptocurrency is my only Investment,
But I also want to invest in other things to sustain my profit when crypto is dropping down.
I couldn't just rely on crypto alone since it is too volatile.

I think it's a good decision to be willing to invest in something other than cryptocurrencies,
with a very volatile price, of course the risk is very large and investing in cryptocurrency is difficult,
we must really understand market movements and be able to analyze them

everyone has their own choice. If indeed both are still running well why not. Crypto investments are running and other investments are running. So you can have two sources of income. So if you think which one is more profitable, please focus on the more profitable.

[jasonjm]

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?

Apart from crypto holdings and trading I have somewhat permanent job and I am managing my expenses by the help of this job. I also do content writing on upwork and fiver.

[tabas]

Apart from crypto holdings and trading I have somewhat permanent job and I am managing my expenses by the help of this job. I also do content writing on upwork and fiver.

Nice, that's a lot of work that you're doing. You got a secured profit because of your permanent job and you have a side hustle of writing which is a good another skill to add up some profit that you may receive. People must have difference source of income aside from investing in cryptocurrencies.
And this makes you good in your situation because you can invest with any amount that you receive from any of those sources.

[barabarian1]

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?

im investing just in cryptocurrent, and my fund from bounty reward. just collect them as much as i can, convert to the good coin (sometimes change to the other altcoin for short trading, than convert to btc).
i dont have any stuff outside. i try to search other investment like land and the others, but they give us (buyer) bad price, like 'oh,you take it on high price but you can make profit after a years'

[int03h]

For now, i only focus on my crypto investments because in this time of pandemic, i see no other investments that will flourish as much as crypto always do. It's just a matter of self focus and determination to never end up in a trap and stay positive even if the market is in a crash.

I also have other plans to start with another investment but it will only happen once i'll make huge profits from crypto hopefully when this bull run comes. It's always a good feeling having different sources of income that are both in demand. When one seems to fail, atleast you still have other investment to hold onto.

Sure, the profits from cryptocurrencies are huge. We must be patient with our investments.
If I get a big profit from cryptocurrencies, I will think about other investments like real estate, stocks, and other investments.
I'm currently studying auto repair. I think it will bring me a good income soon when more people use cars.

[South Park]

Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?

I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?

Honestly I do not see the reason to invest in anything other than bitcoin, the stock market is inflated and the same is true for the real estate market, bitcoin despite its high price still has a lot of room to grow and when we add that the governments are slowly losing control of the economy I think the day will come in which we are going to need a solid currency as fiat all around the world will go through hyperinflation, as such I do not see the need to diversify my investment in bitcoin.

[Davidvictorson]

Truth be told, investing in cryptocurrency especially Bitcoin equals generational wealth. To answer the question. Yes, my current investment portfolio is Cryptocurrency (Bitcoin) only. Aside from the aforementioned reason, I strongly believe that Bitcoin is going to be around for a very long time. In addition, with the present economy situation in my country where the Central Bank keeps devaluating the currency, I want to sleep knowing that my investment is safe. However, the Government can't guarantee that, Bitcoin can.

[South Park]

Truth be told, investing in cryptocurrency especially Bitcoin equals generational wealth. To answer the question. Yes, my current investment portfolio is Cryptocurrency (Bitcoin) only. Aside from the aforementioned reason, I strongly believe that Bitcoin is going to be around for a very long time. In addition, with the present economy situation in my country where the Central Bank keeps devaluating the currency, I want to sleep knowing that my investment is safe. However, the Government can't guarantee that, Bitcoin can.

Not only that investing in bitcoin is as simple as it can be, if I tried to invest in real estate of the stock market you need to have a ton of knowledge about it just to have a chance to make money with bitcoin the only thing you need to do is to buy it and hold it for long enough, even if you buy at a ban moment you can still recover your money if you wait for long enough and when we take into account the amount of fiat that has been printed then it makes more and more sense to get some bitcoin.

[Fredomago]

Truth be told, investing in cryptocurrency especially Bitcoin equals generational wealth. To answer the question. Yes, my current investment portfolio is Cryptocurrency (Bitcoin) only. Aside from the aforementioned reason, I strongly believe that Bitcoin is going to be around for a very long time. In addition, with the present economy situation in my country where the Central Bank keeps devaluating the currency, I want to sleep knowing that my investment is safe. However, the Government can't guarantee that, Bitcoin can.

Not only that investing in bitcoin is as simple as it can be, if I tried to invest in real estate of the stock market you need to have a ton of knowledge about it just to have a chance to make money with bitcoin the only thing you need to do is to buy it and hold it for long enough, even if you buy at a ban moment you can still recover your money if you wait for long enough and when we take into account the amount of fiat that has been printed then it makes more and more sense to get some bitcoin.

Speaking about long-term, yeah right buying or investing with Bitcoin is very much profitable if you have that patience to wait for another good bull run, if you are willing to take the long process just keep buying from time to time and allow those coins being stored to your safe wallet.

Most of the time, those who invest for long-term are the one who really gained very decently, imagine way back when the ATHstill @ 20K it took 2-3 more years before we saw another new ATH, and that's really amazing because if you bought from that 2017-18 peak and just hold it till to this date, you are still in positive.

History keeps repeating itself, if you can focus with your crypto investment there are lots of positive things to happened for you..