2022 Savings and investment plan

[Tellek Garing]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

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[Charles-Tim]

I will be specific and all I will make comment about is bitcoin.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

This is not about trading or short term investment and may exceed a year.

Invest in bitcoin, if the price decrease, invest more. A time is coming when bitcoin will again reach all-time-high. All your investment will never at the time be in vain as you will make profit.

[Gozie51]

I will take less risk this year but make my finances more stable with some skills development.

Taking less risk this year also means that you are likely not to beat your financial record of last year. I like the part of diversification because no man gets financially stable with only one source of income. Therefore buying varied but high use coins will profit your investment diversification more. You can buy coins like etheruem and bitcoin.

[cheezcarls]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

I have learned a lot about my experiences last year, especially in making decisions for every cryptocurrency that I have invested. To be honest, I've lost a lot of money last year because of getting too much into FOMO, bad trading decisions, not doing my own research, being greedy, and not ready emotionally in taking risks.

I've lost more than what I have gained from my work, side gigs, etc. But more importantly is that I did manage to control my savings as I diversify the income that I have until now. I've upgraded my computer unit, investing on my ongoing keto diet, giving gifts to my family and extended family, and also donating and giving back to the needy (especially typhoon Odette).

Just two days ago, I've made my decision not to be greedy on a single token that I've bought. From $0.036, I managed to sold it around $0.43 despite that I've missed taking profits at $0.50. Profit is profit, so I'm happy with it. A small step in making good decisions but I'm always aware of the risks. Diversification of our investments is necessary, and do not go all-in.

[The Sceptical Chymist]

OP, did you want a discussion about something specific here or did you just want to tell the community some vague stuff about what you're doing with your money?  If it's the latter, I'm pretty sure no one cares.  If it's the former, why don't you ask a question or tell us what you want to talk about?  Is this about bitcoin at all?

Assuming the topic is "savings and investment plan" for this year and that bitcoin is involved, I'd say that we're probably going to see a new ATH at some point if people remain bullish and bitcoin stays in the news (in a positive way).  And with that said, I'd also say now is probably not a bad time to buy and hold, for 2022 and longer if you've got enough capital that can be tied up for long periods of time.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

Most altcoins are shitcoins.  Speaking of that, I recently logged on to my Yobit account that I hadn't touched in well over 1.5 years.  I noticed that I had tons of dust amounts of oddball shitcoins in it, and I'm not even sure what 90% of these coins are or how they ended up in my account.  Here's a couple of screenshots:




So yeah, a lot of these coins that get hyped up big time (especially on social media) end up in the 1-satoshi graveyard of Yobit.  The majority of them in fact, even if they don't actually hit 0.00000001BTC with zero trading volume.  I just watched a YT vid from 2018 yesterday where some guy was extolling the virtues of mining Zelcash, which was over $100 when he made the video.  It sounded familiar to me, so I checked CMC and found it's going for $0.12.  Yep.

[boyptc]

I will take less risk this year but make my finances more stable with some skills development.

Also part of my plan.

I've taken a lot of risk for the past years and I think that I shall still take more risks for this year but with a better plan. And that's with what you're saying about being stable and with a development.

That development in my plan to have a source that will be generate more stable income. I have no problem if the market is too risky but as we grow old, we're planning a lot of things that we think is necessary to have and to keep up for our family.

[laredo7mm]

Interesting to know about your plan for the new year. I also have thought about doing something like that so that I can be ahead of most of us. My first priority will be what I have done wrong in 2021 and why that happens. I want to do that first because I do not want to do that same mistake again. Then I will calculate how much loss I have taken and how I can recover from that. The next work which is important and that is finding the trend for 2022 and picking up some project for that where I will make my initial investment for the year ahead.

Please let me know if i need to add something with all these too.

[Strongkored]

I will take less risk this year but make my finances more stable with some skills development.

If you want to get this then the only answer is to invest in BTC if you diversify you will definitely run to altcoins which may actually make your investment risk higher, except you considering another form investment like stock etc. Everyone who invests in BTC and is patient with the target must be enjoying the results now.
But honestly I think to start something new you don't have to wait for the year change if you feel what you are doing is in the wrong direction it would be better to fix it right away than waiting for the next year.

[kaya11]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

I could advise you to learn the skills of trading, it is better than holding in my opinion. If you have manage to master it then you could earn a fortune if a lifetime with the right amount of capital to use. I think you are good enough to read the basics of trading and may with some help of a legit guide to help you out start from scratch. I once traded on my early days but retired from it due to lack of finances. This year and before just hit me hard and I am literally crawling just to survive, so many debts to be paid and so on. Good luck out there brother.

[marilynmanson21]

2021 has given the best lesson for me in choosing projects to invest in, and this year I will be more careful, just like you, in managing my finances to get better returns and minimize risk.

[bitzizzix]

I don't have a patent plan to save this year and haven't planned yet, because I still have some bitcoin last year and at yesterday's ATH I only sold part of the profit and the rest is still kept because I believe new ATH is coming and higher.
maybe at the beginning of this year i just buy bitcoin bit by bit whenever there is a dip and to grow my holdings, for now maybe i just want to prioritize bitcoin and haven't thought of any plans for other coins.

[Vaskiy]

My plan for the year already got collapsed, because I limited myself from gambling and decided to spend just a dollar to the max per day. I wasn't able to keep myself in control and have lost $20. Now my wallet is empty, and now I focus much on trading. I've planned to make very minimal earning through trading practice investing on top order altcoins.

[nullama]

Plan for this year is to stack some more sats!

I setup a monthly automatic buy, so that's going to be the minimum.

I'll buy extra BTC from time to time as well.

[el kaka22]

Mine is definitely to increase the amount of passive income I am making right now. I know that it is not going to be easy and I know that nobody is giving out free money, but I had a little bit income (very tiny) made with passive income in 2021, and instead of focusing on just building a portfolio of things that just go up and down in value, I would like to have some passive income this year. It won't be a lot for now, but by the end of the year if I can reach to a good level then I would be happy.

Also, these NFT things look like they are not going to leave anytime soon, they are dropping in value for sure if you ask me but they are not fully gone, I am hoping to get a few of my own, not just art, but some utility NFT as well. Crypto world is also open to new stuff as well, maybe I will get something new that we haven't seen just yet, surely there will be new projects in 2022 which we can get into.

[crwth]

I like your idea of some skill development because that’s how humans know what they can do for the world. I think the most important thing that you should know is where you are right now with your current capital. You would know where you would stand if you know what your current situation is so you can somehow create a plan for it.

[wheelz1200]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

The best path to building a solid portfolio is to cost average into different positions at regular intervals.  By cost averaging  at regular intervals you limited your downside and upside risk.  If a coin goes down your new buys will bring down your cost average, and if the coin Rockets up you get to catch some of that upside of that rise.

[Lanatsa]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

We do all do have that kind of motives or plans or goals in mind for this new year and if we did commit out mistakes on last years then we are experienced enough on to avoid those things again which does

signifies that we are much better than before since we had really gained that experience in terms of investment even though it isn't on expert level but at least you do know on what you are doing.
Invest on what you can afford to lose and properly handling out risk management to make yourself sustainable and able to survive this market.

Don't rush up yourself and make out those realistic goals compared to those people who do set out unrealistic ones.

[Silberman]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Many people have the tradition to set themselves goals that they want to achieve during the new year, and while most of those goals are never fulfilled one of the most beneficial things we could do each year is to look at the state of our finances and then set realistic goals about what we can achieve during the year, unfortunately most people never do this and as such they never take any kind of big decision about where they want their finances to go, which means that they will never realize whatever dreams they had about improving their economic conditions.

[Leviathan.007]

Anyone can have his own investment plan, if you ask me I would say I have a short to the mid-term investment plan for this year, firstly I should check my note and my investments and I did during the last year and take lessons from my mistakes I've done during that time, then from the lessons, we got from the past we can have a plan for 2022 for example during 2021 I sold a big share of my investment to buy an apartment and gave it to rent to make passive income but now I can see I was mistaken because I could get more profit by holding bitcoin so my first lesson can be to trust bitcoin even if the market is bearish and everyone is panic selling and I'm going to use this lesson for my new investment plan for 2022.

[GeorgeJohn]

Their is something we are suppose to have the pre-knowledge of it, from my research, observation and understanding, no years is bad or introduce negativity to our life circle, it's our strategies, plans that makes us to adventure into negative part of life, when strategize well this year it will propagate to us due to our early foundation, so in all ramifications it's not year that brings prosperity, it's your initiative and intuitive that really makes our objectives to come to accomplish.

[stomachgrowls]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Many people have the tradition to set themselves goals that they want to achieve during the new year, and while most of those goals are never fulfilled one of the most beneficial things we could do each year is to look at the state of our finances and then set realistic goals about what we can achieve during the year, unfortunately most people never do this and as such they never take any kind of big decision about where they want their finances to go, which means that they will never realize whatever dreams they had about improving their economic conditions.

Goals could neither be achieved or not on a specific year because we arent talking things which are simple to attain but at least we had set out our minds that we should able to attain it on this new year.

Lets not stop on hoping and doing things specially on our plans on investment because we know that this is the only way that we could really enhance our lives in terms of financial aspects.
Of course you shouldnt really forget about having some emergency savings because we cant tell on what would happen ahead.

Just sustain yourself and making profits even though its not constant but at least you are hanging on there.

[harizen]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

If that will be your approach and considered, your next move, then you are free to do so and see the result for yourself. Like others here, we have different strategies and follow what you think is best. The fact that you were able to draft your supposed economic plans this year, means you already know the drill and somehow already have experience in that field.

The same as usual, focus and be serious about our goals. Try to achieve that target of yours slowly but surely. Any plans are bound to fail even how professionally it was drafted if it doesn't handle properly along the way.

[paxmao]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

It seems that you have just recently discovered investment and the concept of financial freedom? If so, better late than never. I am saying this because what you describe is not something you do every year or this particular year but rather something that is required for everyone at the beginning of their investment life (in my view that is pretty much when you reach the legal age to manage your assets) and upon any significant change of their income or perspectives.

[Gozie51]

it's your initiative and intuitive that really makes our objectives to come to accomplish.

That's true and there is the saying that "how you make your bed is the way you are going to sleep on it". This is about planning out the way you want your life to be in the future. Whether you will make your money work for you by investing early and diversifying so that at the future you can make profit from different areas and not to depend on just one source of income. You are right , we all have objective and we need to work for the success of it.

[Mpamaegbu]

I setup a monthly automatic buy, so that's going to be the minimum.

Please, I will like to know how successful you're at doing that and on what exchange you're able to do it.

I just finished watching Teeka Tiwari's video. He chose Ethereum as his number one favoured coin for 2022. He mentioned that the supply will be cut down by 90% and urged investors to get in and buy for the expected price increase which would be occasioned by scarcity. Well, ETH hasn't been my favourite coin. I don't even own up to 0.1 unit of it. It's the same way I don't own any XRP too. Admittedly, Tiwari's explanation seemed plausible. I may be throwing in a few dollars into it. On my own, I think launchpad tokens, Metaverse and exchange tokens should be ideal tokens to buy this year. I expect a boom there.

[24Kt]

I setup a monthly automatic buy, so that's going to be the minimum.

Please, I will like to know how successful you're at doing that and on what exchange you're able to do it.

I just finished watching Teeka Tiwari's video. He chose Ethereum as his number one favoured coin for 2022. He mentioned that the supply will be cut down by 90% and urged investors to get in and buy for the expected price increase which would be occasioned by scarcity. Well, ETH hasn't been my favourite coin. I don't even own up to 0.1 unit of it. It's the same way I don't own any XRP too. Admittedly, Tiwari's explanation seemed plausible. I may be throwing in a few dollars into it. On my own, I think launchpad tokens, Metaverse and exchange tokens should be ideal tokens to buy this year. I expect a boom there.

It may seem plausible because once ETH network addressed their gas fee problem, I think the price will improve more in the market. As we have noticed, even if people are complaining about their fees, it remains the top 2 in the market and the price sustain the range of 3500-4k. So once we see the improvement in their network, I believe, going above 4k is very easy. So why not buy now, if you have the funds that you can allot to this project and don't wait when it starts going up? It is not investment advice, it is still up to the crypto user where he wants to invest his funds.

[Darker45]

You're basically speaking of the generic things. You're not speaking of anything new or specific. In which case, it doesn't matter whether it's 2021, 2022, 2023, and so on. You know, the usual capital, ROI, time-frame, diversification, and whatnot. All of these should be considered every step of the way.

As for me, I'm not doing a lot, so I don't devote much time on these. Moreover, my Bitcoin hodling doesn't have a timeframe. Neither am I setting a specific price for selling. So things can wait.

Most altcoins are shitcoins.  Speaking of that, I recently logged on to my Yobit account that I hadn't touched in well over 1.5 years.

It's interesting to know you have a YoBit account. What made you log in after a long time?

Apologies for the off-topic.

[Poker Player]

You're basically speaking of the generic things. You're not speaking of anything new or specific. In which case, it doesn't matter whether it's 2021, 2022, 2023, and so on. You know, the usual capital, ROI, time-frame, diversification, and whatnot. All of these should be considered every step of the way.

That's what I was thinking. Maybe it's that he doesn't want to give details for privacy or something but it seems odd to me. In any case, I don't see the point of diversifying much within the crypto world.

I only have Bitcoin and I understand that you can have Bitcoin and some alt if you have studied the project and think it can have a future. Alts are considered shitcoins but some will survive in the long term.

You also have to think that being very diversified is a protection but it also tends to lead to less profitability.

[yhiaali3]

Studying and evaluating the past year is very necessary for investors. We have to review the last year completely to know the mistakes we made to avoid them in the new year, as well as what good strategies we succeeded in to continue and work on developing them. For me, my biggest mistakes in the past year were greed and impatience. I got more than a big loss because of my greed sometimes and because of impatience at other times so I will try to avoid these drawbacks as much as possible, also I will try to boost my investments in some good currencies that have done well in the last year.
My personal view of the new year: This year will be the year of Bitcoin and Ethereum and we will see a new peak, perhaps also the end of the many memes and shitcoins that made a lot of noise last year.

[LogitechMouse]

Savings and Investment plan for this year??
Hmmmmmmmm maybe just accumulate more Bitcoins like what I'm doing for quite some time already.

I agree with some who said that most of the altcoins are shitcoins because they really is. Some of them are just created to scam people. Some don't even have a community to start with. Some aren't transparent and some doesn't have any use case that will benefit the people and many more.

Well, there might be some altcoins that can give you profit for a year but it still depends on what move will the market does. The OP's strategy though is what most of us investors are doing so its kinda generic and common already. The good thing is you are learning skills to have some funds to be used for investing into crypto which is a good thing .

[michellee]

That is a good @OP. At least, you know what you want to do. This year will not come easily as the last year as the big bull run is already happening in the last year but we still have a chance to see another bull run come this year. As long as you can make a good plan and stick with your plan, you will get a good result. Finance management will be necessary so you know how much money you should use to invest in crypto and how you will diversify your investment. But as usual, do not just stick to altcoin but focusing on bitcoin will be better as bitcoin will be your main investment.

[Peanutswar]

It's better to make a background check which is the most ideal coin or asset good to invest in. For me, bitcoin is one of the most ideal it's already concrete and give a good profit and outcomes. But of course, be careful on the market volatility, not all the time it gives a good profit there's a supply and demand too. If you are planning to invest with altcoins it's a high risk-reward because not all the time they rise sometimes Rug pull happens.

[ultrloa]

It's better to make a background check which is the most ideal coin or asset good to invest in. For me, bitcoin is one of the most ideal it's already concrete and give a good profit and outcomes. But of course, be careful on the market volatility, not all the time it gives a good profit there's a supply and demand too. If you are planning to invest with altcoins it's a high risk-reward because not all the time they rise sometimes Rug pull happens.

For new coin investment I think much better to do counter checking and taking it seriously will save us from scams. But as of the moment since there are so many scams around, same as you I prefer bitcoin for now since this is much tested and we know it got higher chance to pump than any other coins in the market, so I guess this is more good than selecting new coins listed in the market.

[Hydrogen]

The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

I think its easier if you can find investment topics that align with your values and interests. That way you don't have to force yourself to follow things that are uninteresting, boring or repulsive.

It also helps to be curious about how things play out in the real world. Enough to want to learn and experiment with basic fundamentals. Relying solely on academic or textbook knowledge isn't a reliable approach imo as far as investments go.

It also helps to remember your investments don't have to be stocks, bonds, precious metals or even crypto. The only requirement is it being something that can make money. Which is a much wider category of things than most realize. There are people who buy clearance items from stores and resell them on ebay or other auction websites who turn that simple market mechanic into a multi million dollar business. While disposable income might be a limiting factor. Imagination doesn't necessarily have to do the same.

There are podcasts and youtube channels on side hustles which can also be a good place to find investment ideas and advice. Have you ever seen ATM machines or soda vending machines at gas stations or stores? There are people on side hustle podcasts who are willing to talk about their experiences running those types of side businesses. There is a lot of information out there which can be good.

[herurist]

Studying and evaluating the past year is very necessary for investors.

looks like a trivial thing but this is something that is quite important if they really want to manage this thing well.
at least it can be used as reference and comparison for investors because if you really want to get better, of course there must be an increase from year to year, and that cannot happen if we do not manage and pay attention to both income and expenditure from year to year.

[justdimin]

That is a good @OP. At least, you know what you want to do. This year will not come easily as the last year as the big bull run is already happening in the last year but we still have a chance to see another bull run come this year. As long as you can make a good plan and stick with your plan, you will get a good result. Finance management will be necessary so you know how much money you should use to invest in crypto and how you will diversify your investment. But as usual, do not just stick to altcoin but focusing on bitcoin will be better as bitcoin will be your main investment.

We do not need to have a big bull to make a lot of profit. The important part is to be stable, when the market is stable then you can calculate how much you could make. For example, if I invest into cake and stake it and make 100% return after one year, that means 1 cake I own will become 2 cakes. However, if the price drops 50% then I made zero income, but if the price moves 100% then I made 4x instead of 2x. When you do not have a stable market and end up with huge volatility like crypto, then you can't make predictions about how much you could earn in a single year.

This is why I believe that we should not be focusing on getting up all the time, sometimes we just need to focus on staying the same level. I am not saying that bitcoin should be 50k all year without ever moving, but at least make all the moves a bit more slower instead of hyped super increases in a week or super crashes in a day.

[Fatunad]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Always mind off on having savings and make things as less risky as you can or tending to handle out risk on a good manner so that you wouldnt really be putting yourself in much trouble whenever
you do experience losses thats why everything should be planned well so that you wouldnt really be ending up on a disaster in the end of the year. Set goals according into your own capacity
and tend to enhance yourself even more as you do learn when you do go ahead which is an inevitable thing and should be used on your advantage.

[Rengga Jati]

Rearrange and re-manage my finances is the first thing that I planned for this new year. For, there are still some plans that have not been achieved in the last year and I should manage them for several reasons.
Some are still continuing but some may be excepted and canceled.
Sometimes, our decision to run our own financial including saving and investment may change from year to year because it will also depend on each condition of somebody. Somebody may be so tough that is still going to maintain what he exactly planned. But somebody else may change them based on certain conditions following.

- And I personally think that diversification still becomes the important thing to do in this year.
- Changing my mindset about investment in some altcoins again, much better and wiser in deciding what to invest and not
- Re-managing my mind and plans in the target that I must reach in investment, I know that my target may be too high in the last year, that is why I should personalize them again by seeing the prospect of the market this year
- and some other plans that I should arrange in order to at least help my dream come true exactly this year

[tippytoes]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Always mind off on having savings and make things as less risky as you can or tending to handle out risk on a good manner so that you wouldnt really be putting yourself in much trouble whenever
you do experience losses thats why everything should be planned well so that you wouldnt really be ending up on a disaster in the end of the year. Set goals according into your own capacity
and tend to enhance yourself even more as you do learn when you do go ahead which is an inevitable thing and should be used on your advantage.

Plan according to your financial capability. As much as possible, don't resort to requesting for a loan to address unnecessary needs. Also, as much as possible, aside from digital assets, try to invest also in tangible assets if you can like jewelry or real-estate. Those assets will not disappear overnight. Because with digital assets, you have no assurance that you will get the value you are targeting for this investment. On the other hand, most tangible assets increase their value thru time.

[browsiek]

2021 has given the best lesson for me in choosing projects to invest in, and this year I will be more careful, just like you, in managing my finances to get better returns and minimize risk.

If I may give advice regarding your plan, I think it is better for you to study other businesses besides investing in crypto or digital assets, such as investing in property, mining, trading or other companies, maybe even opening your own business. it's all to increase knowledge, experience also increase your income pole, of course not too risky and get a promising passive income every month and every year.
Finance is like a table and income is the pillar, if one of them is shaken, the table will shake and maybe it will immediately fall (poor). shocks we are able to deal with. Good luck

[pinggoki]

It's better to make a background check which is the most ideal coin or asset good to invest in. For me, bitcoin is one of the most ideal it's already concrete and give a good profit and outcomes. But of course, be careful on the market volatility, not all the time it gives a good profit there's a supply and demand too. If you are planning to invest with altcoins it's a high risk-reward because not all the time they rise sometimes Rug pull happens.

Most of the time, I would agree with you that bitcoin should be a priority investment but right now, I don't think so. Bitcoin is for long-term so that can only mean that you can slowly build it up. What we need to focus on are the potential ones to boom because making passive income isn't going to be enough if you want to build your wealth.

[michellee]

That is a good @OP. At least, you know what you want to do. This year will not come easily as the last year as the big bull run is already happening in the last year but we still have a chance to see another bull run come this year. As long as you can make a good plan and stick with your plan, you will get a good result. Finance management will be necessary so you know how much money you should use to invest in crypto and how you will diversify your investment. But as usual, do not just stick to altcoin but focusing on bitcoin will be better as bitcoin will be your main investment.

We do not need to have a big bull to make a lot of profit. The important part is to be stable, when the market is stable then you can calculate how much you could make. For example, if I invest into cake and stake it and make 100% return after one year, that means 1 cake I own will become 2 cakes. However, if the price drops 50% then I made zero income, but if the price moves 100% then I made 4x instead of 2x. When you do not have a stable market and end up with huge volatility like crypto, then you can't make predictions about how much you could earn in a single year.

This is why I believe that we should not be focusing on getting up all the time, sometimes we just need to focus on staying the same level. I am not saying that bitcoin should be 50k all year without ever moving, but at least make all the moves a bit more slower instead of hyped super increases in a week or super crashes in a day.

Most people expect to have a big bull run because that is their way to profit. It is what is in their mind so they start asking others about the coins that will be profitable to hold in the short term without trying to research themselves. Most of them do not know how long they should hold their coins and although they save I want to have a long-term investment, they still do not know when they need to sell the coin, even if they meet the top price.

However, we know that crypto has big volatility and it is why if people do not analyze the crypto movement, they will not find the right coins to buy. These situations are good for building a portfolio or managing our portfolio as the price seems not to go anywhere high or low. But if we are not careful, we can hold the coin for some time without knowing when the price will be back to the high price. I like to see bitcoin going up and down many times every day because we can use it for our benefits which means, we can buy low and sell high. If we can do that, maybe we can get a stable profit although the percentage of the profit will not always be the same, that is still profit to us.

[Lizzylove1]

I lost huge fund in 2021 due to lack of proper financial management. I allowed the market to take it which is not good. I should have been supper rich and close to retirement if I didn't leave my profit in altcoins. If I had atlest just convert 80% of my profit to bitcoin, the situation wouldn't have been as serious as it's today. This year is a year of taking profit to me and putting that profit to good investment in an offline project.

[TravelMug]

I lost huge fund in 2021 due to lack of proper financial management. I allowed the market to take it which is not good. I should have been supper rich and close to retirement if I didn't leave my profit in altcoins. If I had atlest just convert 80% of my profit to bitcoin, the situation wouldn't have been as serious as it's today. This year is a year of taking profit to me and putting that profit to good investment in an offline project.

Hopefully you learn your lessons, not saying that it's bad to invest on altcoins, but we all know the real deal in crypto market is bitcoin and there is where the smart money is going.

Not sure though if we can have a good profit taking year as it seems that we are in a bear market now, unfortunately, the best thing is to buy cheap at this current situation and hold it for a long time, at least wait for the next great bull run.

[btc_angela]

I lost huge fund in 2021 due to lack of proper financial management. I allowed the market to take it which is not good. I should have been supper rich and close to retirement if I didn't leave my profit in altcoins. If I had atlest just convert 80% of my profit to bitcoin, the situation wouldn't have been as serious as it's today. This year is a year of taking profit to me and putting that profit to good investment in an offline project.

Hopefully you learn your lessons, not saying that it's bad to invest on altcoins, but we all know the real deal in crypto market is bitcoin and there is where the smart money is going.

Not sure though if we can have a good profit taking year as it seems that we are in a bear market now, unfortunately, the best thing is to buy cheap at this current situation and hold it for a long time, at least wait for the next great bull run.

It is a good advise, it's just a question on how or if the investors has the mental toughness to hold for the time being, at least for me the next projected bull run could be in the next 3 years so that's a long time to be a investor. In any case, it is really a big test, but who knows, maybe when we starts to accumulate today and just be a holder, then maybe we will become a self made crypto millionaire in the next bull run when the price hits 6 digits.

[Anguwa]

2021 has given the best lesson for me in choosing projects to invest in, and this year I will be more careful, just like you, in managing my finances to get better returns and minimize risk.

Same here, the year 2021 has given the best lesson in my entire crypto experience, it thought a lot of lesson which include patience, this simply because i will be holding some tokens, then i sold them out for small amount, then after a while, the coin will do 2x, which means i should have a deep research about each project i invested on before making the decision of selling out my coins. All it means here is i am to take more risk.

[worle1bm]

I will be specific and all I will make comment about is bitcoin.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

This is not about trading or short term investment and may exceed a year.

Invest in bitcoin, if the price decrease, invest more. A time is coming when bitcoin will again reach all-time-high. All your investment will never at the time be in vain as you will make profit.

Right and we must invest our money into something that will give us returns in future not blindly invest in those shitcoins hyped at the moment which will loose their value with some time.This was what most of these altcoins witnessed as when the hype was over they started dumping in the market and investors loose their money so bitcoin is the best option for us.So for me also will try to get some of it and hold for long.

[davis196]

It seems to me that life gets harder to predict and making long term plans about the future might not be as effective as it used to be.You can't make rational decisions in an irrational environment.
The world is going crazy right now(or maybe I'm just watching too much TV,it gives me social anxiety).
I'm not going to make any long term investments in 2022.I'll just stick with BTC.
OP,how do you plan to diversify your assets and risk?Do you plan to buy real estate or maybe gold and silver?
Inflation is going to be the biggest issue for 2022.The pandemic might be the second big issue,because it might cause new lockdowns,increased unemployment rates and new stimulus plans.Nobody knows what will happen...


 

[carlfebz2]

Everyone has their own different investment plan. But you should create a plan for that

Having a plan than have nothing at all would always be better rather than on making no action in terms of savings because we know on how important this is.

This doesnt only talks about emergency funds but also could be possibly be applied when you do make out some investment too.Do you really like on a life situation on where

you do have a hard time on raising up yourself because you dont have money to spent? In terms of emergency on where you do tend to run into?

[Wawa2013]

I will be specific and all I will make comment about is bitcoin.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

This is not about trading or short term investment and may exceed a year.

Invest in bitcoin, if the price decrease, invest more. A time is coming when bitcoin will again reach all-time-high. All your investment will never at the time be in vain as you will make profit.

Right and we must invest our money into something that will give us returns in future not blindly invest in those shitcoins hyped at the moment which will loose their value with some time.This was what most of these altcoins witnessed as when the hype was over they started dumping in the market and investors loose their money so bitcoin is the best option for us.So for me also will try to get some of it and hold for long.

There is no doubt that Bitcoin is the best choice for investment, because Bitcoin will give us profit as long as we can be patient holding until the target
we set is achieved. However Bitcoin is different from other coins, Bitcoin is always able to recover every time it experiences a decline in price.
This means that investing in Bitcoin is safe, there is no need to worry if the price drops. In contrast to the majority of altcoins which will have
difficulty recovering if the price has fallen, the risk of investing in altcoins is indeed much risky. But that doesn't mean we can't invest in altcoins,
because if we do research and analysis properly, we will find some altcoins that are potential and good for investment. So we do need the best
possible planning in 2022, so that we can determine which coins are suitable for investment and can provide benefits in the future.

[harizen]

This means that investing in Bitcoin is safe, there is no need to worry if the price drops.

That can't be applied to average people. A good plan should always be associated not just by holding and waiting for the moon price but some actions that will turn the bearish market into an advantage. Bitcoin is no doubt a good investment for long and no question about that, but it doesn't mean we can't take advantage of other coins during the bear market. With the right timing, we can also profit from other coins due to the fact, their price is swinging at most cases playing within a specific general average price.

It might be hard or challenging but with focus and seriousness, better than waiting without doing anything.

[lovesmayfamilis]

From my little investment experience, I realized that at the moment I am ready to believe in only one asset, and of course it will be bitcoin. Several years ago, I had a lot of trial and error with altcoins. I found myself in a rather bad situation, having lost a large amount. Therefore, for today I concluded for myself that, to the best of my ability, but preferably regularly, I will invest in bitcoin. As, however, and the majority of those present here, nothing original. 

[bonyaserg]

For me, 2021 was a very important year, and in 2021 I invested in myself to learn more about new technologies and successful projects. I figured out for myself how to realize myself in 2022, achieve success and make big profits. So 2022 will be my most successful year, so in 2022 I decided to invest in the hottest coins like Bitcoin Ethereum.

[so98nn]

Yup skills! There you are. There is no point in playing blind in the crypto market. As far as my financial condition is considered for the last year cycle it was not that good as did not look after the crypto trades at all. The market and its cycles were way out of my head and so far I did not risk anything. The knowledge is very important to trade in bitcoin in commercial sense. It’s worst gamble ever but with hugest returns you can imagine.

In the skills, I’m also trying to adopt new kinds of artwork apart from Pencil Carving. I’m gonna explore digital paintings, chalk arts etc.

Technically speaking I’m keeping vision to expand my mining rigs. Currently only two machines running but slowly I have learnt huge lessons so far and using which I am going to develop it further.

[ChiBitCTy]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

The goal of investing is to always be as diversified as possible at all time.  Whether we are looking at bitcoin, or mutual funds, stocks, bonds etc, diversification is what is key.  As a financial advisor this is something that I am constantly try to get through to my clients.  Those people who go all in on one asset class tend to get burnt.

If anyone here want's a little help with their portfolio's I'd be happy to help out a little.  I specialize in retirement plans but I am able to help across the board, just let me know!

[lixer]

A good plan should always be associated not just by holding and waiting for the moon price but some actions that will turn the bearish market into an advantage. Bitcoin is no doubt a good investment for long and no question about that, but it doesn't mean we can't take advantage of other coins during the bear market. With the right timing, we can also profit from other coins due to the fact, their price is swinging at most cases playing within a specific general average price.

It might be hard or challenging but with focus and seriousness, better than waiting without doing anything.

You can take advantage of other coins but I would say if you are getting into something that you are not sure about and only after the short term quick profits then you are doing it wrong.

I have seen too many people investing into things that they didn't really believe in and they just invested because they believed they could get in very quickly, make money as quickly as possible and then get out as quickly as possible as well. If you focus on doing things like that then it means you are going to end up losing money for sure.

So, invest into bitcoin and altcoins if you want to but make sure that whatever you invest into ends up being something you trust would be higher in 10 years. None of us knows what is going to happen in 10 years but you need to believe it and that is the key, it doesn't have to be true, just needs to be something you hope for.

[ven7net]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

You are right that you should always plan your future actions, including your future investments in cryptocurrency or other assets. As for the lessons that the past 2021 taught us, I can say that each year brings us lessons that we must learn and in the new year do so as not to make mistakes. In general, after each completed work, you need to summarize in order to be able to see both the achievements and the problems, and only after that move on to the job with experience and a new correct vision in your arsenal.

[herurist]

From my little investment experience, I realized that at the moment I am ready to believe in only one asset, and of course it will be bitcoin. Several years ago, I had a lot of trial and error with altcoins. I found myself in a rather bad situation, having lost a large amount. Therefore, for today I concluded for myself that, to the best of my ability, but preferably regularly, I will invest in bitcoin. As, however, and the majority of those present here, nothing original. 

a wise choice friend You have made the right choice, even though alt is not a mistake but indeed when compared to the actual risk I feel alt is more risky, especially for the meme coin there and some useless projects.
bitcoin is a great place to invest but certainly not for those who just need time to invest here.
but as long as you are sure the benefits will definitely be obtained

[Fatunad]

From my little investment experience, I realized that at the moment I am ready to believe in only one asset, and of course it will be bitcoin. Several years ago, I had a lot of trial and error with altcoins. I found myself in a rather bad situation, having lost a large amount. Therefore, for today I concluded for myself that, to the best of my ability, but preferably regularly, I will invest in bitcoin. As, however, and the majority of those present here, nothing original. 

a wise choice friend You have made the right choice, even though alt is not a mistake but indeed when compared to the actual risk I feel alt is more risky, especially for the meme coin there and some useless projects.
bitcoin is a great place to invest but certainly not for those who just need time to invest here.
but as long as you are sure the benefits will definitely be obtained

If you do like some sort of assurance then bitcoin would be the best choice but if you do like to play with fire then considering altcoins neither an alt or low caps then its your choice
but we know that the risks is way higher thats why we should really be mindful on making or taking such step because it would really cost us money if we do make a bad decision
but since this market is unpredictable then theres no way that you could really able to precise tell on what would happen ahead.

[uneng]

I will take less risk this year but make my finances more stable with some skills development.

That is a pretty conservative idea that to work efficiently demands a bigger initial investment amount, since the returns percentage is lower due to the risks also being low. On the other hand, stability is very important in someone's life, so if you are really able to achieve a decent profit with the strategy mentioned in your post, go for it!

To develop skills is also a good idea meanwhile. This way you open new paths to another professions and jobs opportunities.

[adzino]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

You are talking about crypto currency investments right? Then I don't think you can accurate calculate what your percentage profit turnover would be for the next year. That would be almost impossible since the crypto market is very volatile and the price rise/drop is never the same as the previous years or doesn't follow any specific patterns. And you are right. You should try to diversify your portfolio, but to keep the risk minimum try to invest most of your coins on currencies like bitcoin and ethereum. Currencies that are well known, at the top and are under constant development to improve their network.

[pawanjain]

I learned a lot from 2021, I was too ambitious for big profits so I invested in new coins so I lost a lot, and in 2022 I will save cryptocurrencies and I use them for staking so I can get 2 benefits, namely rewards and opportunities for big profits because prices go up.

That's a mistake that many of us have done. We aim for high profits and invest in coins which we don't know much about and hence lose money.
But even if you invest in well established coins, it doesn't mean you will make good profits because that depends on how you trade them.
You can buy PoS coins and stake them for a long term which will give you good profits but make sure you are buying potential coins.

[Cling18]

I learned a lot from 2021 and I have regrets that I want to turn into victory this year so I'm planning to be more well prepared to take the risk and never be afraid to try something new especially in investing with good and potential projects. I'll add more allocation to my investment funds so I'll gain more profit from it. I'll be wiser in handling my finances more and would grab all the opportunities that crypto could offer.

[Silberman]

I learned a lot from 2021 and I have regrets that I want to turn into victory this year so I'm planning to be more well prepared to take the risk and never be afraid to try something new especially in investing with good and potential projects. I'll add more allocation to my investment funds so I'll gain more profit from it. I'll be wiser in handling my finances more and would grab all the opportunities that crypto could offer.

While it is obvious that if you plan to invest money in this market you need to take some risks but at the same time you need to be careful, the risks that you take need to be calculated and an appropriate reward must be there to justify the risks that you have taken, if this is not the case then it would not be rare that once again you face regrets during this year as well, and I suppose that is something you do not want to experience ever again.

[qwertyup23]

I learned a lot from 2021, I was too ambitious for big profits so I invested in new coins so I lost a lot, and in 2022 I will save cryptocurrencies and I use them for staking so I can get 2 benefits, namely rewards and opportunities for big profits because prices go up.

That's a mistake that many of us have done. We aim for high profits and invest in coins which we don't know much about and hence lose money.
But even if you invest in well established coins, it doesn't mean you will make good profits because that depends on how you trade them.
You can buy PoS coins and stake them for a long term which will give you good profits but make sure you are buying potential coins.

I also do think that this is considered as a rookie mistake. Anyone who is relatively new to this kind of setting may create high-hopes of earning large amounts of profits in a given year. But in reality, it really does take some time like your conventional investment methods available (e.g. stocks, golds, bank notes, etc.).

In line with what I just mentioned, creating and making a savings and investment plan may be really effective especially if you can faithfully follow the schedules that you created. In this way, the streamline of activities and investments can be properly maintained and tracked at the same time- which can also avoid any greed or prevent any loss on your part.

[herurist]

a wise choice friend You have made the right choice, even though alt is not a mistake but indeed when compared to the actual risk I feel alt is more risky, especially for the meme coin there and some useless projects.
bitcoin is a great place to invest but certainly not for those who just need time to invest here.
but as long as you are sure the benefits will definitely be obtained

If you do like some sort of assurance then bitcoin would be the best choice but if you do like to play with fire then considering altcoins neither an alt or low caps then its your choice
but we know that the risks is way higher thats why we should really be mindful on making or taking such step because it would really cost us money if we do make a bad decision
but since this market is unpredictable then theres no way that you could really able to precise tell on what would happen ahead.

all have their own choices and there are calculations and research of each.
actually for bitcoin is also not a guarantee if indeed we do not fully trust them.
there are so many people who fail when it comes to bitcoin because they panic too much when there is a correction.
On the other hand, altcoins are also the same and the impact is even greater.
because indeed altcoins are something that is under and even tends to follow the movement of btc.

[Hamphser]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

It's good if you have a good financial plan for this year. for me the only way to reduce risk in crypto. avoid coin memes and random projects. it has happened to me many times, always ruin my portfolio investment dont expect too much just keep holding and maintain asset not too often.

Not only applicable on crypto investments but also in other forms of investment as well since we know that risks would be always there which means that you would need to do all sorts of things specially on having a good

risk management into those ports you do have. Savings should really be standard and not all would be pour out unto investment because you dont know on what comes next on which you would
really be needing off these funds.

Invest on what you can afford to lose and at least allocating some savings for other purposes which its the most important and ideal thing to be done.

[pawanjain]

I learned a lot from 2021, I was too ambitious for big profits so I invested in new coins so I lost a lot, and in 2022 I will save cryptocurrencies and I use them for staking so I can get 2 benefits, namely rewards and opportunities for big profits because prices go up.

That's a mistake that many of us have done. We aim for high profits and invest in coins which we don't know much about and hence lose money.
But even if you invest in well established coins, it doesn't mean you will make good profits because that depends on how you trade them.
You can buy PoS coins and stake them for a long term which will give you good profits but make sure you are buying potential coins.

I also do think that this is considered as a rookie mistake. Anyone who is relatively new to this kind of setting may create high-hopes of earning large amounts of profits in a given year. But in reality, it really does take some time like your conventional investment methods available (e.g. stocks, golds, bank notes, etc.).

In line with what I just mentioned, creating and making a savings and investment plan may be really effective especially if you can faithfully follow the schedules that you created. In this way, the streamline of activities and investments can be properly maintained and tracked at the same time- which can also avoid any greed or prevent any loss on your part.

That is very true. If a person has good control over himself and follows his schedules properly then he is bound to be successful.
I won't boast but I am good at saving as well and from whatever I earn I can save more than half of it and but the only problem is making good investments.
So far I have only been "investing" in good assets but I have also lost some of it in "trading" which is mostly why I avoid trading these days.

[andriarto]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

It's good if you have a good financial plan for this year. for me the only way to reduce risk in crypto. avoid coin memes and random projects. it has happened to me many times, always ruin my portfolio investment dont expect too much just keep holding and maintain asset not too often.

Not only applicable on crypto investments but also in other forms of investment as well since we know that risks would be always there which means that you would need to do all sorts of things specially on having a good

risk management into those ports you do have. Savings should really be standard and not all would be pour out unto investment because you dont know on what comes next on which you would
really be needing off these funds.

Invest on what you can afford to lose and at least allocating some savings for other purposes which its the most important and ideal thing to be done.

it is better to separate savings for investment and savings to meet daily needs, so that a sense of comfort will always exist in the face of an uncertain market. in the current situation, we can invest gradually considering the market is in a bearish season. even then we have to use a strategy so that we get a good price to buy, so that this can maximize profits when the target can be achieved

[judaspriest]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

It's good if you have a good financial plan for this year. for me the only way to reduce risk in crypto. avoid coin memes and random projects. it has happened to me many times, always ruin my portfolio investment dont expect too much just keep holding and maintain asset not too often.

Not only applicable on crypto investments but also in other forms of investment as well since we know that risks would be always there which means that you would need to do all sorts of things specially on having a good

risk management into those ports you do have. Savings should really be standard and not all would be pour out unto investment because you dont know on what comes next on which you would
really be needing off these funds.

Invest on what you can afford to lose and at least allocating some savings for other purposes which its the most important and ideal thing to be done.

it is better to separate savings for investment and savings to meet daily needs, so that a sense of comfort will always exist in the face of an uncertain market. in the current situation, we can invest gradually considering the market is in a bearish season. even then we have to use a strategy so that we get a good price to buy, so that this can maximize profits when the target can be achieved

Yes, we must manage finances as well as possible with good management that does not interfere with each other,
before buying it is clear we have to make a plan or strategy and that is the important thing

[ReiMomo]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

It's good if you have a good financial plan for this year. for me the only way to reduce risk in crypto. avoid coin memes and random projects. it has happened to me many times, always ruin my portfolio investment dont expect too much just keep holding and maintain asset not too often.

Not only applicable on crypto investments but also in other forms of investment as well since we know that risks would be always there which means that you would need to do all sorts of things specially on having a good

risk management into those ports you do have. Savings should really be standard and not all would be pour out unto investment because you dont know on what comes next on which you would
really be needing off these funds.

Invest on what you can afford to lose and at least allocating some savings for other purposes which its the most important and ideal thing to be done.

it is better to separate savings for investment and savings to meet daily needs, so that a sense of comfort will always exist in the face of an uncertain market. in the current situation, we can invest gradually considering the market is in a bearish season. even then we have to use a strategy so that we get a good price to buy, so that this can maximize profits when the target can be achieved

Invest when we have extra amount in hand after all monthly expenses. If your income satisfy your basic needs and you have 20% left in your income then yes please choose a best coin and just invest on it on a monthly basis irrespective of what price it is. Do not either borrow and invest nor invest and be in a situation of unable to manage your basic needs. When we plan as above, we will be at peace watching the market without expecting a turn over from it to satisfy our monthly needs or to close of the debts.

[Oilacris]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

It's good if you have a good financial plan for this year. for me the only way to reduce risk in crypto. avoid coin memes and random projects. it has happened to me many times, always ruin my portfolio investment dont expect too much just keep holding and maintain asset not too often.

Not only applicable on crypto investments but also in other forms of investment as well since we know that risks would be always there which means that you would need to do all sorts of things specially on having a good

risk management into those ports you do have. Savings should really be standard and not all would be pour out unto investment because you dont know on what comes next on which you would
really be needing off these funds.

Invest on what you can afford to lose and at least allocating some savings for other purposes which its the most important and ideal thing to be done.

it is better to separate savings for investment and savings to meet daily needs, so that a sense of comfort will always exist in the face of an uncertain market. in the current situation, we can invest gradually considering the market is in a bearish season. even then we have to use a strategy so that we get a good price to buy, so that this can maximize profits when the target can be achieved

Yes, we must manage finances as well as possible with good management that does not interfere with each other,
before buying it is clear we have to make a plan or strategy and that is the important thing

Everything should have a plan because you would really be having problems later on if you do made out the bad decision thats why you should set out goals or targets for every year that would be coming so that you would really be that prepared neither for emergency funds or for investment plants.

You wouldnt know on what comes next thats why everything should be planned so that every possible scenario or events could really be handled out.

If you are focused more on investment then you should research and prepare it for the best because being prepared is always been recommendable.

[Wawa2013]

This means that investing in Bitcoin is safe, there is no need to worry if the price drops.

That can't be applied to average people. A good plan should always be associated not just by holding and waiting for the moon price but some actions that will turn the bearish market into an advantage. Bitcoin is no doubt a good investment for long and no question about that, but it doesn't mean we can't take advantage of other coins during the bear market. With the right timing, we can also profit from other coins due to the fact, their price is swinging at most cases playing within a specific general average price.

It might be hard or challenging but with focus and seriousness, better than waiting without doing anything.

What you say makes sense, sometimes we forget that crypto prices are volatile, we can generate profits other than holding Bitcoin. Some coins are
indeed very good for day trading, we can make a profit every day, even though the profit may be small. But if it is accumulated it will be big too,
than we are just holding Bitcoin without doing anything. If there is another way we can do to generate profit, why not try it. Although maybe the risk of
day trading is very large compared to just holding Bitcoin without doing anything. But sometimes if we want to achieve success, we must dare
to take risks, so it is up to us whether we dare to take risks or not. If we are people who like to play it safe, it is enough to just hold Bitcoin
in the long term. Because not everyone likes to do something high risk.

[Mamun74]

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

I Think first You need to made right choice and i hope you will get benefit from your holding coin and trading business.

[Mauser]

That's a great idea to already have an investment plan for the whole year planned out. Like this we know exactly how much money from our salary we can set aside for saving and investing. I am doing a similar approach, where I have 2 ETF that I use as my monthly investment scheme. There is almost no fees involved and keeps me invested in global stocks. The rest of the money I put in a bank account, can't really say savings account because there is no more interest. From that I pay all unexpected things like repairs and use some money for crypto investing or gambling.

[Pamadar]

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

I Think first You need to made right choice and i hope you will get benefit from your holding coin and trading business.

Yes, it should be noted that planning is very important. The crucial stage is when the market is falling,

many investors and traders are afraid of losing their money, while wise investors who have good plans ahead are rushing to buy
for more to hold, they understand that once the market bounces back, the benefits to their invested money will flow.

Most of the time, it's always your knowledge and understanding that established your strategy and plan to push thru.

[Oasisman]

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

I Think first You need to made right choice and i hope you will get benefit from your holding coin and trading business.

Sounds a solid plan, but I'm just wondering why did you just emphasize the mistake in 2021? I mean you're here long enough before the pump in 2017 which really caused a lot of investors to regret. Haven't you learned a lesson from there?
You should have made good decisions in 2018 and buy more Btc or alts that has potential to grow from there.

It's just Ironic that you're here for quite a long time yet you haven't decided to make any investment plan but just now.

[paxmao]

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

I Think first You need to made right choice and i hope you will get benefit from your holding coin and trading business.

Sounds a solid plan, but I'm just wondering why did you just emphasize the mistake in 2021? I mean you're here long enough before the pump in 2017 which really caused a lot of investors to regret. Haven't you learned a lesson from there?
You should have made good decisions in 2018 and buy more Btc or alts that has potential to grow from there.

It's just Ironic that you're here for quite a long time yet you haven't decided to make any investment plan but just now.

it is never to late. It may take you years to convince yourself that there is something else than holding your cash and see it victim of the inflation year after year or buy a negative interest rate bond from the EU or go into fixed deposits that pay less than the (REAL) inflation out there. It is never to late to get into a savings plan, yet probably investing into crypto is not exactly a savings plan, but more of an speculative investment for the future.

[fullhdpixel]

Sounds a solid plan, but I'm just wondering why did you just emphasize the mistake in 2021? I mean you're here long enough before the pump in 2017 which really caused a lot of investors to regret. Haven't you learned a lesson from there?
You should have made good decisions in 2018 and buy more Btc or alts that has potential to grow from there.

It's just Ironic that you're here for quite a long time yet you haven't decided to make any investment plan but just now.

it is never to late. It may take you years to convince yourself that there is something else than holding your cash and see it victim of the inflation year after year or buy a negative interest rate bond from the EU or go into fixed deposits that pay less than the (REAL) inflation out there. It is never to late to get into a savings plan, yet probably investing into crypto is not exactly a savings plan, but more of an speculative investment for the future.

I have been the same so I understand, considering I have been in crypto for nearly 9 years now and have very little to show for it, I have to say it is understandable for people to think it is not really what they hoped for. I mean of course you are not going to make a lot of profit very quickly but if you do not start now then you are going to be even more late.

So for the past 2 years, I try to put everything aside into crypto, sometimes I had debts, sometimes I paid for some other investments, it went up and down but I am not at zero. Sure, I have to work another 20-30 years and I hope to god that I would be doing the same job that long, but I am fine with it, I will save, and wait for that day to come and I am not in a rush. If you could be patient about your investment then you are going to make a good return for sure, just not very quickly.

[Kelvinid]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Plan can be somewhat useless if you are not consistent with it. In fact, many people are doing this and many of them just fail and why? That is because they have lack of patience and they are not committed to doing it. It is mostly a test of ourselves of how strong we are in achieving our goal, once we fail and give up, that it never makes sense at all.

What I could suggest to OP and to everyone, we have to create a plan that we think we can make it and preferably achievable, otherwise, it remains a (useless) plan. Anyways, I believe that you can do it OP, and good luck.

[browsiek]

I think saving and investing are different elements saving is saving money and investing is investing money.
I suggest if your income is still small, save first and then you can invest in peace, and if your income is sufficient to invest, I think you can just invest without saving first.

[michellee]

I think saving and investing are different elements saving is saving money and investing is investing money.
I suggest if your income is still small, save first and then you can invest in peace, and if your income is sufficient to invest, I think you can just invest without saving first.

It is different but it is related. When you invest in anything besides crypto, you should use free money that you do not use to fill your daily needs or urgent things so you will not be too sad if the money is reduced or lost in the future. It is better to start with a small amount while we still learn to know what benefits we can take in some time. After that, we can decide to add more money for the investment but not borrow money just to invest because that will be too dangerous for you if you do not know how to manage it.

[Strongkored]

I think saving and investing are different elements saving is saving money and investing is investing money.
I suggest if your income is still small, save first and then you can invest in peace, and if your income is sufficient to invest, I think you can just invest without saving first.

It's almost the same just investing more to save something in a different form instead of money, you will never be able to start investing if you wait for a large income, it would be better to start with a small value and if possible evaluate all expenses if possible you can reduce it and add a larger portion to the investment.
Although you have regularly invested but do not forget to save because if you still have savings it will be better for urgent things than having to change your investment to fiat.

[kapalmabur]

I think saving and investing are different elements saving is saving money and investing is investing money.
I suggest if your income is still small, save first and then you can invest in peace, and if your income is sufficient to invest, I think you can just invest without saving first.

It is different but it is related. When you invest in anything besides crypto, you should use free money that you do not use to fill your daily needs or urgent things so you will not be too sad if the money is reduced or lost in the future. It is better to start with a small amount while we still learn to know what benefits we can take in some time. After that, we can decide to add more money for the investment but not borrow money just to invest because that will be too dangerous for you if you do not know how to manage it.

Yes it is usually known as cold money and that way when deciding to invest we are not too worried about losing money,
that's right, it's better that way, especially for newbies, they have to learn a lot and do it gradually

[AicecreaME]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Savings and investment plans are nice things to start this year. Financial literacy should be something to be taught first at home and then in school so that people would be more knowledgeable on how to handle money and how to make decisions that could either make or break them. I agree with you that the past year has taught us so many lessons because I, myself, also experienced hardships last year. I have my fair shares of ups and downs and I have experiences in which I must say a lesson learned well and charge to experience. Because there were also several times in which I acted impulsively resulting in an uncalculated outcome that just brought me regrets. Although, I know I have learned something from it and that's what is more important so that I won't be able to commit the same mistakes again in the future.

Indeed, knowing how much funds you have and properly allocating the budget you have is a good thing to do so that you won't be short in funds in something you are planning to start. Make a list and write down the things you want to start this year. Check what's your priority and then allocate a budget for each of them. Make sure also to have multiple streams of income so that you won't be having a hard time making an in-flow of money. That way, you will have different sources of fundings and you won't be so down if ever one fails to generate for the meantime because you have backups. You see, diversification is a very smart move to do. It would be a little difficult and challenging at first, but it would definitely pay off. Of course, still, do a thorough checking on the things you are planning to diversify your funds with because there are still so many scams and schemes nowadays and it's always better to be safe than sorry.

[Silberman]

I think saving and investing are different elements saving is saving money and investing is investing money.
I suggest if your income is still small, save first and then you can invest in peace, and if your income is sufficient to invest, I think you can just invest without saving first.

It is different but it is related. When you invest in anything besides crypto, you should use free money that you do not use to fill your daily needs or urgent things so you will not be too sad if the money is reduced or lost in the future. It is better to start with a small amount while we still learn to know what benefits we can take in some time. After that, we can decide to add more money for the investment but not borrow money just to invest because that will be too dangerous for you if you do not know how to manage it.

Exactly, saving and investing are related, if you do not have any money saved then it is impossible for you to invest, this explains why so few people around the world are investing, because there is not a culture of saving in most countries and most people spend every single dollar they earn, now there are some people that have a justification for this as they earn too little money for them to actually save any money, but the middle class spends all their money on small luxuries instead of keeping some for a rainy day and then invest that money in something like bitcoin.

[istiak2277]

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

I Think first You need to made right choice and i hope you will get benefit from your holding coin and trading business.

Sounds a solid plan, but I'm just wondering why did you just emphasize the mistake in 2021? I mean you're here long enough before the pump in 2017 which really caused a lot of investors to regret. Haven't you learned a lesson from there?
You should have made good decisions in 2018 and buy more Btc or alts that has potential to grow from there.

It's just Ironic that you're here for quite a long time yet you haven't decided to make any investment plan but just now.

it is never to late. It may take you years to convince yourself that there is something else than holding your cash and see it victim of the inflation year after year or buy a negative interest rate bond from the EU or go into fixed deposits that pay less than the (REAL) inflation out there. It is never to late to get into a savings plan, yet probably investing into crypto is not exactly a savings plan, but more of an speculative investment for the future.

An ideal investment plan to stay away from inflation. Its like holding gold for a long time which value most of the time increases. The key difference is crypto has more growth rate than gold and it has a limited supply when gold has an unlimited supply which is increasing. It is time to make more social awareness so that only some of us not getting benefited but also most of our community too.

[jaberwock]

The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it.

Your plan sounds too good at the same time I have seen many people at the times of new-year do have this kind of plans but later-on they do forget about it completely. I mean you should not quench your fire on investment but you should keep on feeding it. At the same time, you first consider bitcoin because it is a proven opportunity for this digital era.

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Along with bitcoin you may not need to go for diversifying your portfolio; still it is your personal preferences but as for many people here we do not need to diversify within crypto investments.

[Mahanton]

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

I Think first You need to made right choice and i hope you will get benefit from your holding coin and trading business.

Sounds a solid plan, but I'm just wondering why did you just emphasize the mistake in 2021? I mean you're here long enough before the pump in 2017 which really caused a lot of investors to regret. Haven't you learned a lesson from there?
You should have made good decisions in 2018 and buy more Btc or alts that has potential to grow from there.

It's just Ironic that you're here for quite a long time yet you haven't decided to make any investment plan but just now.

Maybe he had just only realized his mistakes just for this year and not to those previous years on where price declines is more severe than with this current market that we are taking on.Come to think that not all people would really be having the same mindset when it comes to things which they would really be hesitating on correcting their past mistakes but instead they would really be on observation but its better late than never.
Savings and Investment plan is a must and mistakes is one of the best teacher on improving out yourself on dealing with these things because if not then you would really be finding a big problem.

[ultrloa]

I think saving and investing are different elements saving is saving money and investing is investing money.
I suggest if your income is still small, save first and then you can invest in peace, and if your income is sufficient to invest, I think you can just invest without saving first.

It is different but it is related. When you invest in anything besides crypto, you should use free money that you do not use to fill your daily needs or urgent things so you will not be too sad if the money is reduced or lost in the future. It is better to start with a small amount while we still learn to know what benefits we can take in some time. After that, we can decide to add more money for the investment but not borrow money just to invest because that will be too dangerous for you if you do not know how to manage it.

Yes it is usually known as cold money and that way when deciding to invest we are not too worried about losing money,
that's right, it's better that way, especially for newbies, they have to learn a lot and do it gradually

There are newbies who spend their life savings thinking that they can earn more fortune if they win on what they do but end up being broke when they are scam or the token they buy got dump, we can read stories like this from time to time that's why its really ideal to only use the spare money we have and make it grow since if we use all money we have then chances that its hard for up.to get up when we get down by certain circumstances.

[michellee]

Exactly, saving and investing are related, if you do not have any money saved then it is impossible for you to invest, this explains why so few people around the world are investing, because there is not a culture of saving in most countries and most people spend every single dollar they earn, now there are some people that have a justification for this as they earn too little money for them to actually save any money, but the middle class spends all their money on small luxuries instead of keeping some for a rainy day and then invest that money in something like bitcoin.

Yes, you are right about people who said that they earn too little money to save money. Maybe it is because a habit that has already been done for many years makes them unable to save money for their future. I watched a television channel where someone can buy a house with the coins he saved for almost 25 years. He saved a dime by dime, day by day and he did that for more than 20 years because he wanted to give a house to his family. It is a touching story when his family knows that finally, they have their own home.

From that story, we learn about how we can manage our dream and try to reach it in the future. That person was making savings and investments at the same time. So we could use that for crypto as we are trying to get something in the future that we believe will help us have a better life.

[Anonylz]

I didn't do much with my assets at the end of 2021 as I still have all on holding (but in different staking platforms) I didn't feel the need to cash out so I just hold a big part in stablecoins (currently staking for 19.5% apy) and also doing the same to my alts, so far I found it profitable to stake and earn passive income rather than just hold and wait while market recover,  I intend to continue with the same path in 2022, i don't
have the time to engage in trading hence staking is a much better option for me atm, are some good alts with good apy out there that people can take advantage of, in q2,q3 the market may have recover and your accumulated assets would have appreciated even more.

[btc_angela]

I didn't do much with my assets at the end of 2021 as I still have all on holding (but in different staking platforms) I didn't feel the need to cash out so I just hold a big part in stablecoins (currently staking for 19.5% apy) and also doing the same to my alts, so far I found it profitable to stake and earn passive income rather than just hold and wait while market recover,  I intend to continue with the same path in 2022, i don't
have the time to engage in trading hence staking is a much better option for me atm, are some good alts with good apy out there that people can take advantage of, in q2,q3 the market may have recover and your accumulated assets would have appreciated even more.

Ok good for you and good advise for others who don't have the experience yet in staking. And that is a good return at 19.5% APY and I think that is one of the highest APY that I've heard, although in the beginning of the hype there are a lot of them offering bigger but then again they have to reduce.

As for me I will continue to accumulate as much bitcoin as I can in 2022. I have cash out some in 2021 and now time to get back and fill my wallet again and that is my plan for this year.

[tygeade]

I think saving and investing are different elements saving is saving money and investing is investing money.
I suggest if your income is still small, save first and then you can invest in peace, and if your income is sufficient to invest, I think you can just invest without saving first.

Yes, what you have said is correct, because investment can be risky at the start. So, it wouldn’t be bad to just start with savings, and as time goes on and you believe you have made sufficient income, you can then start your investment. But then we shouldn’t forget that investment is really important, because what you are going to gain from investing your money, you would hardly gain that from saving your money in a bank account.

Money that you save in a bank account doesn’t really generate much income in return, but when you invest your money you’re standing a chance of making huge return on the investment. It’s just like investing in crypto, you might be lucky and the price would go higher than you even expected, and you will make huge profit. The profit you can make from Bitcoin is more than what you can make from any other kind of investment, because you can even make like a thousand percent in a cryptocurrency investment.

[RealMalatesta]

I didn't do much with my assets at the end of 2021 as I still have all on holding (but in different staking platforms) I didn't feel the need to cash out so I just hold a big part in stablecoins (currently staking for 19.5% apy) and also doing the same to my alts, so far I found it profitable to stake and earn passive income rather than just hold and wait while market recover,  I intend to continue with the same path in 2022, i don't
have the time to engage in trading hence staking is a much better option for me atm, are some good alts with good apy out there that people can take advantage of, in q2,q3 the market may have recover and your accumulated assets would have appreciated even more.

I would say if you have something that you can make passive income AND have the value of it go up, that's even better. This is why I personally do not like stablecoins, I get the staking part though, I had cake for a long time now, made a great profit from the price going up, got in way earlier, the passive income is also nice, made more profit from the price going up obviously but the staking profit wasn't bad neither.

So, I am focusing on increasing more and more and diversify my passive income part of my portfolio. It has been a while since I made an investment recently, but that has been something that I haven't done in a long time so I am feeling like it's fine. So, there is absolutely nothing wrong with the current setup you have, and I am trying to do the same, except only the stablecoin part but that is a personal preference thing and shouldn't matter too much.

[Oilacris]

I didn't do much with my assets at the end of 2021 as I still have all on holding (but in different staking platforms) I didn't feel the need to cash out so I just hold a big part in stablecoins (currently staking for 19.5% apy) and also doing the same to my alts, so far I found it profitable to stake and earn passive income rather than just hold and wait while market recover,  I intend to continue with the same path in 2022, i don't
have the time to engage in trading hence staking is a much better option for me atm, are some good alts with good apy out there that people can take advantage of, in q2,q3 the market may have recover and your accumulated assets would have appreciated even more.

Ok good for you and good advise for others who don't have the experience yet in staking. And that is a good return at 19.5% APY and I think that is one of the highest APY that I've heard, although in the beginning of the hype there are a lot of them offering bigger but then again they have to reduce.

As for me I will continue to accumulate as much bitcoin as I can in 2022. I have cash out some in 2021 and now time to get back and fill my wallet again and that is my plan for this year.

Staking is also a good option but if only you could bare the risks but if not then you would definitely be having problems of stress and minding off always that 3rd parties couldnt really be trusted anytime.

Good % APY for year doesnt indicate that you could really get it precisely after a year yet we know that the more people staked the more lower the rewards or interest would be and thats the fact
about staking.

Speaking of savings and investment plans then saving up in your wallet alone would be enough and let volatility would do the rest.

[Maslate]

Speaking of savings and investment plans then saving up in your wallet alone would be enough and let volatility would do the rest.

Don't worry about volatility if you are saving as it would only make you panic, almost every day the price is moving, you can't ignore that if you are so sensitive to price volatility. You'll only be affected by volatility if you are doing short-term trading as it's very crucial to understand the price movement so you'll do the right decision at the right timing.

[savetheFORUM]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

2021 wasn’t a bad year for me.it was really good and I was able to achieve a lot in it. I think that the mistake that most people do make is that they are always trying to gain everything; they don’t even think of the right time that they are meant to take a particular action, all their mind is just focused on trying to gain as much as possible.

It is always good, and the best for us, to be taking our steps slowly and not try to rush everything that we are doing.We can always start taking small profit whenever you feel it is right. And you should also have a target that you are trying to reach, if not, you would be like a soldier on a mission with no plan at all.

[browsiek]

Let's plan, let's save, let's invest. The fault of people is that their consumptive spirit doesn't adjust their income from there, it shows that consumptive people are unable to save and invest because they can't control their finances.

[beezee]

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

[South Park]

Speaking of savings and investment plans then saving up in your wallet alone would be enough and let volatility would do the rest.

Don't worry about volatility if you are saving as it would only make you panic, almost every day the price is moving, you can't ignore that if you are so sensitive to price volatility. You'll only be affected by volatility if you are doing short-term trading as it's very crucial to understand the price movement so you'll do the right decision at the right timing.

I think the same, if someone is saving bitcoin then they need to stop caring about the volatility of the price as this will only weaken their resolve to save in bitcoin, now it is true the price of bitcoin can go down relatively quickly but that is to be expected with an asset like bitcoin, what matters is that over the long term the trend is for bitcoin to go up in value, so as long as you can ignore the short term volatility then the value of bitcoin and what you can purchase with it will keep going up.

[Botnake]

Speaking of savings and investment plans then saving up in your wallet alone would be enough and let volatility would do the rest.

Don't worry about volatility if you are saving as it would only make you panic, almost every day the price is moving, you can't ignore that if you are so sensitive to price volatility. You'll only be affected by volatility if you are doing short-term trading as it's very crucial to understand the price movement so you'll do the right decision at the right timing.

I think the same, if someone is saving bitcoin then they need to stop caring about the volatility of the price as this will only weaken their resolve to save in bitcoin, now it is true the price of bitcoin can go down relatively quickly but that is to be expected with an asset like bitcoin, what matters is that over the long term the trend is for bitcoin to go up in value, so as long as you can ignore the short term volatility then the value of bitcoin and what you can purchase with it will keep going up.

Volatility is something that you have to accept since it will always be a part of bitcoin. And if you plan to accumulate more of bitcoin, then better get used to its own high volatility. I think if you prefer to take less risk this year but still want a greener income, investing in bitcoin should always be your top priority. It may be expensive in value and creates more volatility, but you won't be disappointed on the huge rewards that you will be making in the future as long as you start buying it now while the price is still cheaper.

[paxmao]

Speaking of savings and investment plans then saving up in your wallet alone would be enough and let volatility would do the rest.

Don't worry about volatility if you are saving as it would only make you panic, almost every day the price is moving, you can't ignore that if you are so sensitive to price volatility. You'll only be affected by volatility if you are doing short-term trading as it's very crucial to understand the price movement so you'll do the right decision at the right timing.

I think the same, if someone is saving bitcoin then they need to stop caring about the volatility of the price as this will only weaken their resolve to save in bitcoin, now it is true the price of bitcoin can go down relatively quickly but that is to be expected with an asset like bitcoin, what matters is that over the long term the trend is for bitcoin to go up in value, so as long as you can ignore the short term volatility then the value of bitcoin and what you can purchase with it will keep going up.

Volatility is something that you have to accept since it will always be a part of bitcoin. And if you plan to accumulate more of bitcoin, then better get used to its own high volatility. I think if you prefer to take less risk this year but still want a greener income, investing in bitcoin should always be your top priority. It may be expensive in value and creates more volatility, but you won't be disappointed on the huge rewards that you will be making in the future as long as you start buying it now while the price is still cheaper.

Volatility is usually spoken of as something that is bad. In my view, it is not. It means that you will get plenty of opportunities to buy an asset below the fair value, as the market forces make it volatile many time without any particular reason other than fear without any underlying issue. Also, volatility insofar as many time means volatility in the upside is frankly desirable. Not everything is measured in a beta.

[BuNga_cute]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

2021 wasn’t a bad year for me.it was really good and I was able to achieve a lot in it. I think that the mistake that most people do make is that they are always trying to gain everything; they don’t even think of the right time that they are meant to take a particular action, all their mind is just focused on trying to gain as much as possible.

It is always good, and the best for us, to be taking our steps slowly and not try to rush everything that we are doing.We can always start taking small profit whenever you feel it is right. And you should also have a target that you are trying to reach, if not, you would be like a soldier on a mission with no plan at all.

I am very satisfied with Bitcoin's performance in 2021, even I managed to make a big profit in 2021. I managed to get all that because I had a good
plan from the start, so I could get positive results. Therefore, entering 2022 we must also start planning the investments that we will make. We have
to determine what strategy we will use to be able to generate much better profits in 2022. Moreover, the crypto market is very volatile, if we don't
plan well, there is a possibility that we take the wrong decision. Don't let us fail to get positive results this year because we didn't prepare a good plan.
I believe most people who manage to make big profits, they don't get it by chance, but I believe they have done careful planning beforehand.

[TheUltraElite]

The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment.

Depends on what your country's legal system's approach to bitcoin is, keep a part of investment in fiat sectors like stocks and deposits. Because this is a bitcoin forum you will see skewed opinions to bitcoin, but you should keep yourself safe by having both options. When it comes to crypto, only bitcoin is what you need.

I will take less risk this year but make my finances more stable with some skills development.

Give priority to skill development and if possible get a daily job where you can apply those skills. Remember that having a stable income always gives an investor mental peace over the chaos of the market. The fact that you know you can feed yourself and your family in case the investments are going down is a strong deterrent to drastic measures often taken by investors.

Those who think "I quit my job and got rich with crypto" are just show-offs and charlatans. You have to cunning when taking such decisions and keep both options open.

[Botnake]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

2021 wasn’t a bad year for me.it was really good and I was able to achieve a lot in it. I think that the mistake that most people do make is that they are always trying to gain everything; they don’t even think of the right time that they are meant to take a particular action, all their mind is just focused on trying to gain as much as possible.

It is always good, and the best for us, to be taking our steps slowly and not try to rush everything that we are doing.We can always start taking small profit whenever you feel it is right. And you should also have a target that you are trying to reach, if not, you would be like a soldier on a mission with no plan at all.

I am very satisfied with Bitcoin's performance in 2021, even I managed to make a big profit in 2021. I managed to get all that because I had a good
plan from the start, so I could get positive results. Therefore, entering 2022 we must also start planning the investments that we will make. We have
to determine what strategy we will use to be able to generate much better profits in 2022. Moreover, the crypto market is very volatile, if we don't
plan well, there is a possibility that we take the wrong decision. Don't let us fail to get positive results this year because we didn't prepare a good plan.
I believe most people who manage to make big profits, they don't get it by chance, but I believe they have done careful planning beforehand.

Just do the same strategy prior to the 2021 bull run and you'll eventually make a profit in the next bull run. I'm not saying the bull run will come soon or this year, but it will definitely come, what we are going  to witness this year might be a huge correction, so we also have to be ready with that, see it as an opportunity to accumulate rather than a situation where we should panic and dump everything we have.

[Alisha FR]

Controlling finances every year for me is a bit difficult, without investing and trading money will not spin. Seeing daily needs makes savings can be empty. I have a plan to make a profit by trading, I don't make long term investments. For this year, with the capital I have, it will be very difficult if I am not careful, as some say prefer the least risk. As long as the money is always spinning and sufficient.

[virasog]

I will be specific and all I will make comment about is bitcoin.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

This is not about trading or short term investment and may exceed a year.

Invest in bitcoin, if the price decrease, invest more. A time is coming when bitcoin will again reach all-time-high. All your investment will never at the time be in vain as you will make profit.

Bitcoin investment is the safest one and will reward you in the long run. However, there are some other coins like eth , cardano and dot which may give better returns as compare to bitcoin. Sometimes shitcoins also give 100x returns. So my piece of advice would be to calculate your total money first which you allocate for the crypto investments. Then with 50% of that money buy bitcoins and with 25% of that money, you can by other good coins from the top 10 list. The remaining 25% of the money can be allocated to shitcoins. This way you will get the maximum returns while minimizing the risks.

[Finestream]

I will be specific and all I will make comment about is bitcoin.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

This is not about trading or short term investment and may exceed a year.

Invest in bitcoin, if the price decrease, invest more. A time is coming when bitcoin will again reach all-time-high. All your investment will never at the time be in vain as you will make profit.

Bitcoin investment is the safest one and will reward you in the long run. However, there are some other coins like eth , cardano and dot which may give better returns as compare to bitcoin. Sometimes shitcoins also give 100x returns. So my piece of advice would be to calculate your total money first which you allocate for the crypto investments. Then with 50% of that money buy bitcoins and with 25% of that money, you can by other good coins from the top 10 list. The remaining 25% of the money can be allocated to shitcoins. This way you will get the maximum returns while minimizing the risks.

To avoid big losses, investing in bitcoin should have the highest allocation and the rest for good altcoins and shitcoins, or let's say for those meme coins. In this way, you have diversify your investments well and you know even through long term hodling, except for meme coins, good profits are waiting for you. But before you can do this, you have to prepare sufficient funds for investment purposes only, but also only invest on the amount you can afford to lose.

[famososMuertos]

Well one should ... and this is not investment advice, but reading your post I think you leave the balance sheets of 2021 in oblivion or not you mention them, that number is the most important, you can generally end 2022 with gross profits If you forget 2021, when you have an income there is a tendency to confuse you with the capital.

There is a tendency to forget the losses and start the plans based on new contribution of money, finances are one thing and playing to investiments for recreation are others, being a recreational investor is not bad, In fact, being a recreational investor or serious investor should not have a difference in the goals at the end of the way to earn money, but certainly the capital loss if it may be different.

[SquallLeonhart]

To avoid big losses, investing in bitcoin should have the highest allocation and the rest for good altcoins and shitcoins, or let's say for those meme coins. In this way, you have diversify your investments well and you know even through long term hodling, except for meme coins, good profits are waiting for you. But before you can do this, you have to prepare sufficient funds for investment purposes only, but also only invest on the amount you can afford to lose.

That is exactly what I have been doing. A little less than half of my money is in bitcoin, closer to 20% or so is in ETH, another 30% or so is in decent coins like sol, ada, ltc, bnb, avax and so forth and that is how I made my money. Rest of it which is a small amount under 10% goes to testing new stuff, sometimes it works, sometimes they are shitcoins, I do not really hit it all the time.

I personally believe that you should put a small tiny amount into very low cap and nearly shady looking stuff time to time, definitely not a big amount, such a small amount that you should not even care about it. Why? Because sometimes they turn out to be great, look at all the big earners of each day on coinmarketcap and you will see that some shitcoins goes up in thousands because of lack of volume and hype, those are the ones I am trying to hit, even like 10 bucks could become 1k+ dollars very easily there. Not finding them so far, but I could say I broke even on those investments.

[Silberman]

I will be specific and all I will make comment about is bitcoin.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

This is not about trading or short term investment and may exceed a year.

Invest in bitcoin, if the price decrease, invest more. A time is coming when bitcoin will again reach all-time-high. All your investment will never at the time be in vain as you will make profit.

Bitcoin investment is the safest one and will reward you in the long run. However, there are some other coins like eth , cardano and dot which may give better returns as compare to bitcoin. Sometimes shitcoins also give 100x returns. So my piece of advice would be to calculate your total money first which you allocate for the crypto investments. Then with 50% of that money buy bitcoins and with 25% of that money, you can by other good coins from the top 10 list. The remaining 25% of the money can be allocated to shitcoins. This way you will get the maximum returns while minimizing the risks.

Not a bad strategy but I think the allocation to shitcoins is simply too high, in my opinion if someone is going to deal with those coins then at best they should invest only 10% of their portfolio in those coins, I say that because even if we know some of those coins go up in value very rapidly the chances that you invest in one of those coins is very low and as such you may lose all of the capital you invested in them, and if you only invest 10% of your capital that can be quickly offset by bitcoin on its own with a small upward movement.

[BITCOIN4X]

Well one should ... and this is not investment advice, but reading your post I think you leave the balance sheets of 2021 in oblivion or not you mention them, that number is the most important, you can generally end 2022 with gross profits If you forget 2021, when you have an income there is a tendency to confuse you with the capital.

There is a tendency to forget the losses and start the plans based on new contribution of money, finances are one thing and playing to investiments for recreation are others, being a recreational investor is not bad, In fact, being a recreational investor or serious investor should not have a difference in the goals at the end of the way to earn money, but certainly the capital loss if it may be different.

Financial management is needed regardless of our current financial condition. I have a plan that has been drawn up for 2022 where I will put some money on some things that I think are profitable (investments).

So far the market has been very supportive of investments where a bigger drop is not expected in the near future. The current crypto market cap is still at $2,058,768,323,003 (based on cmc) which is dominated by bitcoin at 39.7%. I still believe the market capitalization will still increase, but the consideration remains a reference for risk management.

[Sanitough]

I will be specific and all I will make comment about is bitcoin.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

This is not about trading or short term investment and may exceed a year.

Invest in bitcoin, if the price decrease, invest more. A time is coming when bitcoin will again reach all-time-high. All your investment will never at the time be in vain as you will make profit.

Bitcoin investment is the safest one and will reward you in the long run. However, there are some other coins like eth , cardano and dot which may give better returns as compare to bitcoin. Sometimes shitcoins also give 100x returns. So my piece of advice would be to calculate your total money first which you allocate for the crypto investments. Then with 50% of that money buy bitcoins and with 25% of that money, you can by other good coins from the top 10 list. The remaining 25% of the money can be allocated to shitcoins. This way you will get the maximum returns while minimizing the risks.

Not a bad strategy but I think the allocation to shitcoins is simply too high, in my opinion if someone is going to deal with those coins then at best they should invest only 10% of their portfolio in those coins, I say that because even if we know some of those coins go up in value very rapidly the chances that you invest in one of those coins is very low and as such you may lose all of the capital you invested in them, and if you only invest 10% of your capital that can be quickly offset by bitcoin on its own with a small upward movement.

I got your point. Shitcoins are more of trash coins so they should be given only a very low allocation since there are more chances to lose than to make profits. So i guess 10% to 15% is already good enough. But i agree on bitcoin having the highest allocation since it always creates the biggest profits due to its very expensive price in the first place. But anyways, its your money so you have all the control how to make your investments right. We are just giving some advices that you would like to consider too.

[Quidat]

I will be specific and all I will make comment about is bitcoin.

Many altcoins are shitcoins, if this year is not favourable their price can be worthless and never reach all-time-high again which should be what we should mostly avoid. Do more research.

This is not about trading or short term investment and may exceed a year.

Invest in bitcoin, if the price decrease, invest more. A time is coming when bitcoin will again reach all-time-high. All your investment will never at the time be in vain as you will make profit.

Bitcoin investment is the safest one and will reward you in the long run. However, there are some other coins like eth , cardano and dot which may give better returns as compare to bitcoin. Sometimes shitcoins also give 100x returns. So my piece of advice would be to calculate your total money first which you allocate for the crypto investments. Then with 50% of that money buy bitcoins and with 25% of that money, you can by other good coins from the top 10 list. The remaining 25% of the money can be allocated to shitcoins. This way you will get the maximum returns while minimizing the risks.

Not a bad strategy but I think the allocation to shitcoins is simply too high, in my opinion if someone is going to deal with those coins then at best they should invest only 10% of their portfolio in those coins, I say that because even if we know some of those coins go up in value very rapidly the chances that you invest in one of those coins is very low and as such you may lose all of the capital you invested in them, and if you only invest 10% of your capital that can be quickly offset by bitcoin on its own with a small upward movement.

I got your point. Shitcoins are more of trash coins so they should be given only a very low allocation since there are more chances to lose than to make profits. So i guess 10% to 15% is already good enough. But i agree on bitcoin having the highest allocation since it always creates the biggest profits due to its very expensive price in the first place. But anyways, its your money so you have all the control how to make your investments right. We are just giving some advices that you would like to consider too.

Most of us would be looking for 10-100x returns thats why they do really intent out to deal with low caps or shit coins in short because they've been hoping for that probability.
Sounds dumb but even myself do really consider out on accumulation but of course you would need to find the best one and wont tend to make out some actions
without any basis or even thinking up because it would really be that risky on doing so.

[savetheFORUM]

I guess your investment plan will certainly work for 2022. But make sure if you chose to invest in shitcoins or meme coins, make a deep research first so you will have good basis why you think those projects will make it to the top in the future. Sometimes, shitcoins could be more profitable than those established coins, but nevertheless, there are still higher chances for good and established altcoins to be more profitable compared to shitcoins. So always think before you decide.

Some people usually like to hop on shitcoins and meme coins because they feel that these coins are likely to have up to a thousand percent return on their investment.

But, that’s not usually the case, because it is almost impossible for you to find a coin that is going to see such increase or even be successful at all. And most people who invest in shitcoins hardly gain anything from the investment.

[TheNineClub]

You know what I have learned from the last year up to now? Don't panic. That's the main lesson that gets me through trigger-happy selling. And I'm not saying that you need to be one of those crypto preachers that yell from the top of their lungs not to sell, hodl forever, and such bullshit. It's not that, it's just the fact that if you miss out on one opportunity, that doesn't mean another won't present itself sometime in the future. Patience is key here, so don't dwell on missed opportunities, look forward to new ones. 

[dezoel]

Some people usually like to hop on shitcoins and meme coins because they feel that these coins are likely to have up to a thousand percent return on their investment.

But, that’s not usually the case, because it is almost impossible for you to find a coin that is going to see such increase or even be successful at all. And most people who invest in shitcoins hardly gain anything from the investment.

I am dumbfounded whenever people think that they could make like 100x return very easily by just getting lucky. I understand that there have been some people like that, but we have also seen people who hit the lottery and made a fortune as well, or people who sell fridges or beds and make a fortune with that as well, doesn't mean I am going to start buying lottery tickets or sell fridges, right?

The real profit makers of bitcoin or crypto in general are the people who buy and hold, look at the past and you will see how many people got into crypto at a very early stage and made so much money. I get that it is not something shocking, people want that "oh, tricky way that nobody thought of before!" but that is not it really the correct way of doing it. So, it is all cool if you just buy something "boring" and hold it for years and years, it is a good way.

[stadus]

You know what I have learned from the last year up to now? Don't panic. That's the main lesson that gets me through trigger-happy selling. And I'm not saying that you need to be one of those crypto preachers that yell from the top of their lungs not to sell, hodl forever, and such bullshit. It's not that, it's just the fact that if you miss out on one opportunity, that doesn't mean another won't present itself sometime in the future. Patience is key here, so don't dwell on missed opportunities, look forward to new ones. 

Exactly. Since we all know that this crypto market is very volatile and that's why we see prices keep on fluctuating, so there is no room to be panic since all of these are just for temporary. Prices may definitely be dumping this time, but in the next days or months, we will see them pumping again. So patience is what we should always keep. If we aim for more profits this year, then we should be more knowledgeable, be more focus and stay positive, and of course stay calm and relax when see you prices are falling. In that way, you will really progress on your investments, even it means missing some of the opportunities.

[hodllord]

The number one thing is to know how much capital I have and how long can I invest in it

For me I always set my Capital at 60-70% of my whole cash flow every month to maximize the growth, but  by doing this will also maximize
the risk. That's why I diversified it and each diversified capital has a risk level and time to keeping it invested.

Like for example I have 60% BTC in my total portfolio, that is a long term investment with less risk and less reward, since it is a higher market cap crypto.
30% on medium term investment like the ones in the top 20 crypto currencies
and remaining percentage on low caps but not the one that will go beyond top 150.

[FanEagle]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

As for this year I have plans to engage in a lot of other activities, and not just in investment. I would like to make sure that I’m going to have multiple streams of income, and I’m already working towards that and the way I see it, it is becoming quite successful, because I’ve been able to set up quite a few means of income and they are working. Then as for cryptocurrency investment, I’m always looking for ways to better my skills and also be good at what I’m doing. From this year to the next years to come, I have plans to invest and hold for a long term, probably when we see the next halving and another all time high price take place. That’s the level of patience I’m ready to have now.

[Pamadar]

You know what I have learned from the last year up to now? Don't panic. That's the main lesson that gets me through trigger-happy selling. And I'm not saying that you need to be one of those crypto preachers that yell from the top of their lungs not to sell, hodl forever, and such bullshit. It's not that, it's just the fact that if you miss out on one opportunity, that doesn't mean another won't present itself sometime in the future. Patience is key here, so don't dwell on missed opportunities, look forward to new ones. 

Exactly. Since we all know that this crypto market is very volatile and that's why we see prices keep on fluctuating, so there is no room to be panic since all of these are just for temporary. Prices may definitely be dumping this time, but in the next days or months, we will see them pumping again. So patience is what we should always keep. If we aim for more profits this year, then we should be more knowledgeable, be more focus and stay positive, and of course stay calm and relax when see you prices are falling. In that way, you will really progress on your investments, even it means missing some of the opportunities.

Very important to have that long patience, though, if you really understand the market.

Patience will be developed and you will be able to work with how the situation will bring you, setting your plans and
staying with how you project the market is really important. There are many people who failed from this business
due to failure of anticipating and change plan in a bad timing.

[Oceat]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

As for this year I have plans to engage in a lot of other activities, and not just in investment. I would like to make sure that I’m going to have multiple streams of income, and I’m already working towards that and the way I see it, it is becoming quite successful, because I’ve been able to set up quite a few means of income and they are working. Then as for cryptocurrency investment, I’m always looking for ways to better my skills and also be good at what I’m doing. From this year to the next years to come, I have plans to invest and hold for a long term, probably when we see the next halving and another all time high price take place. That’s the level of patience I’m ready to have now.

That's a long way to wait if you just want to wait for a bull run like this then I guess you miss the chance to accumulate more last year that's why you have to do it in the next bull run/Bitcoin halving. But for now, you should focus on your business in fiat so that next time to see how cheap Bitcoin next time you'll be able to buy more and hodl until the next bull run. If only I've got more money to invest in Bitcoin I would do it actually but sad to say I can't.

People who have the chance shouldn't let it pass because one day you'll regret what you could have done in the first place.

[BuNga_cute]

~

2021 wasn’t a bad year for me.it was really good and I was able to achieve a lot in it. I think that the mistake that most people do make is that they are always trying to gain everything; they don’t even think of the right time that they are meant to take a particular action, all their mind is just focused on trying to gain as much as possible.

It is always good, and the best for us, to be taking our steps slowly and not try to rush everything that we are doing.We can always start taking small profit whenever you feel it is right. And you should also have a target that you are trying to reach, if not, you would be like a soldier on a mission with no plan at all.

I am very satisfied with Bitcoin's performance in 2021, even I managed to make a big profit in 2021. I managed to get all that because I had a good
plan from the start, so I could get positive results. Therefore, entering 2022 we must also start planning the investments that we will make. We have
to determine what strategy we will use to be able to generate much better profits in 2022. Moreover, the crypto market is very volatile, if we don't
plan well, there is a possibility that we take the wrong decision. Don't let us fail to get positive results this year because we didn't prepare a good plan.
I believe most people who manage to make big profits, they don't get it by chance, but I believe they have done careful planning beforehand.

Just do the same strategy prior to the 2021 bull run and you'll eventually make a profit in the next bull run. I'm not saying the bull run will come soon or this year, but it will definitely come, what we are going  to witness this year might be a huge correction, so we also have to be ready with that, see it as an opportunity to accumulate rather than a situation where we should panic and dump everything we have.

It's a pretty good idea to use the same strategy this year as we will use in 2021. If we really think that the 2021 strategy is still relevant and able
to give us profit this year, we can try to use the same strategy, rather than trying a new strategy that is not necessarily as good as the previous
strategy. Even so, we still have to prepare for the worst-case scenario, if it turns out that this year the price of Bitcoin moves much differently
from what happened in 2021. The conclusion is that we should never be satisfied with having only one strategy, we must have a backup strategy
if the market moves not according to our predictions.

[globalpain]

~

2021 wasn’t a bad year for me.it was really good and I was able to achieve a lot in it. I think that the mistake that most people do make is that they are always trying to gain everything; they don’t even think of the right time that they are meant to take a particular action, all their mind is just focused on trying to gain as much as possible.

It is always good, and the best for us, to be taking our steps slowly and not try to rush everything that we are doing.We can always start taking small profit whenever you feel it is right. And you should also have a target that you are trying to reach, if not, you would be like a soldier on a mission with no plan at all.

I am very satisfied with Bitcoin's performance in 2021, even I managed to make a big profit in 2021. I managed to get all that because I had a good
plan from the start, so I could get positive results. Therefore, entering 2022 we must also start planning the investments that we will make. We have
to determine what strategy we will use to be able to generate much better profits in 2022. Moreover, the crypto market is very volatile, if we don't
plan well, there is a possibility that we take the wrong decision. Don't let us fail to get positive results this year because we didn't prepare a good plan.
I believe most people who manage to make big profits, they don't get it by chance, but I believe they have done careful planning beforehand.

Just do the same strategy prior to the 2021 bull run and you'll eventually make a profit in the next bull run. I'm not saying the bull run will come soon or this year, but it will definitely come, what we are going  to witness this year might be a huge correction, so we also have to be ready with that, see it as an opportunity to accumulate rather than a situation where we should panic and dump everything we have.

It's a pretty good idea to use the same strategy this year as we will use in 2021. If we really think that the 2021 strategy is still relevant and able
to give us profit this year, we can try to use the same strategy, rather than trying a new strategy that is not necessarily as good as the previous
strategy. Even so, we still have to prepare for the worst-case scenario, if it turns out that this year the price of Bitcoin moves much differently
from what happened in 2021. The conclusion is that we should never be satisfied with having only one strategy, we must have a backup strategy
if the market moves not according to our predictions.

That's the most important thing as long as it's still relevant to me it's okay to use the same strategy,
besides that we also need to prepare a new strategy first because market conditions can change,
but again it all depends on each person

[lienfaye]

You know what I have learned from the last year up to now? Don't panic. That's the main lesson that gets me through trigger-happy selling. And I'm not saying that you need to be one of those crypto preachers that yell from the top of their lungs not to sell, hodl forever, and such bullshit. It's not that, it's just the fact that if you miss out on one opportunity, that doesn't mean another won't present itself sometime in the future. Patience is key here, so don't dwell on missed opportunities, look forward to new ones. 

Indeed. There's a perfect timing to profit so we need to be more patient and dont let the past failed experience affect us on our future decision.

Last year's experience for me is quite good, I made a huge profit for taking advantage the season to take profit. For this year I plan to be more careful and do my best to set aside my emotions when making decision because its not easy to control.

I will follow the same plan and strategy that I did last year but it will depend on the movement of the coins because it can be different this time.

[xSkylarx]

I guess your investment plan will certainly work for 2022. But make sure if you chose to invest in shitcoins or meme coins, make a deep research first so you will have good basis why you think those projects will make it to the top in the future. Sometimes, shitcoins could be more profitable than those established coins, but nevertheless, there are still higher chances for good and established altcoins to be more profitable compared to shitcoins. So always think before you decide.

Some people usually like to hop on shitcoins and meme coins because they feel that these coins are likely to have up to a thousand percent return on their investment.

But, that’s not usually the case, because it is almost impossible for you to find a coin that is going to see such increase or even be successful at all. And most people who invest in shitcoins hardly gain anything from the investment.

I agree with this since most people new to crypto will jump when there is a hype coin, which I do not understand or they are just so dumb that they don't do their own research about that coin. If you are a newbie, I do say that you will make a couple of mistakes before you can fully understand the best coin to invest in, which is really a hard lesson, but as long as you learn from your mistakes, then it is better than making a couple of mistakes again.

[Similificator]

Good decision. If only the masses value knowledge more than profits lee people would lose money. But then again, few people would also gain money lol. But seriously though, you should strictly follow that plan. If you do, you will find the flaws in that olan by yourself and will learn which parts to change in order to make your plan more productive. The point is, you did a good job not being impatient anymore(if you were in the past) and are treading the waters carefully by reducing risks and prioritizing knowledge and experience more.

I believe you will succeed. Goodluck.

[Emitdama]

Some people usually like to hop on shitcoins and meme coins because they feel that these coins are likely to have up to a thousand percent return on their investment.

But, that’s not usually the case, because it is almost impossible for you to find a coin that is going to see such increase or even be successful at all. And most people who invest in shitcoins hardly gain anything from the investment.

Yeah, I have tried it in the past, when I felt that it was a way to go, because a lot of people kept saying that shitcoins has chances of increasing in value so I tried my luck, and despite I was very selective with the coins I selected, it still didn’t really workout. I had to even sell some of them at loss, until now they have not even increased at all. So, sometimes it’s best to leave all these shitcoins and focus on the good ones that are top of the list.

[Kasabus]

Some people usually like to hop on shitcoins and meme coins because they feel that these coins are likely to have up to a thousand percent return on their investment.

But, that’s not usually the case, because it is almost impossible for you to find a coin that is going to see such increase or even be successful at all. And most people who invest in shitcoins hardly gain anything from the investment.

Yeah, I have tried it in the past, when I felt that it was a way to go, because a lot of people kept saying that shitcoins has chances of increasing in value so I tried my luck, and despite I was very selective with the coins I selected, it still didn’t really workout. I had to even sell some of them at loss, until now they have not even increased at all. So, sometimes it’s best to leave all these shitcoins and focus on the good ones that are top of the list.

Exactly. Shitcoins should never be given given high priority since they don't have much demand already that can grow their value so most likely, they stay valueless or they eventually become those trash coins. And its a good way that we should focus more on good and established coins since there are high chances that they will grow even more because of unending support from its community. Although they are also affected with the current price decline, but we know for sure that they will always recover from having their prices dumped.

[Vaculin]

I guess your investment plan will certainly work for 2022. But make sure if you chose to invest in shitcoins or meme coins, make a deep research first so you will have good basis why you think those projects will make it to the top in the future. Sometimes, shitcoins could be more profitable than those established coins, but nevertheless, there are still higher chances for good and established altcoins to be more profitable compared to shitcoins. So always think before you decide.

Some people usually like to hop on shitcoins and meme coins because they feel that these coins are likely to have up to a thousand percent return on their investment.

But, that’s not usually the case, because it is almost impossible for you to find a coin that is going to see such increase or even be successful at all. And most people who invest in shitcoins hardly gain anything from the investment.

I agree with this since most people new to crypto will jump when there is a hype coin, which I do not understand or they are just so dumb that they don't do their own research about that coin. If you are a newbie, I do say that you will make a couple of mistakes before you can fully understand the best coin to invest in, which is really a hard lesson, but as long as you learn from your mistakes, then it is better than making a couple of mistakes again.

The fact that most of the new investors these days came on the market with less knowledge but very eager to make profits so they always chose those hyped coins over those established coins for quick profits. Yes, they are really making profits from them but only in a short period of time, and after that they keep on losing already, to the extent that what they lose is bigger than what they have gained. Hopefully, this will be an eye opener that we should always be equipped with knowledge before making such investments because this will help us not to fall investing in wrong coins and end up wasting our time and money.

[carlfebz2]

I guess your investment plan will certainly work for 2022. But make sure if you chose to invest in shitcoins or meme coins, make a deep research first so you will have good basis why you think those projects will make it to the top in the future. Sometimes, shitcoins could be more profitable than those established coins, but nevertheless, there are still higher chances for good and established altcoins to be more profitable compared to shitcoins. So always think before you decide.

Some people usually like to hop on shitcoins and meme coins because they feel that these coins are likely to have up to a thousand percent return on their investment.

But, that’s not usually the case, because it is almost impossible for you to find a coin that is going to see such increase or even be successful at all. And most people who invest in shitcoins hardly gain anything from the investment.

I agree with this since most people new to crypto will jump when there is a hype coin, which I do not understand or they are just so dumb that they don't do their own research about that coin. If you are a newbie, I do say that you will make a couple of mistakes before you can fully understand the best coin to invest in, which is really a hard lesson, but as long as you learn from your mistakes, then it is better than making a couple of mistakes again.

The fact that most of the new investors these days came on the market with less knowledge but very eager to make profits so they always chose those hyped coins over those established coins for quick profits. Yes, they are really making profits from them but only in a short period of time, and after that they keep on losing already, to the extent that what they lose is bigger than what they have gained. Hopefully, this will be an eye opener that we should always be equipped with knowledge before making such investments because this will help us not to fall investing in wrong coins and end up wasting our time and money.

A very common noob behavior specially if they do someone who do make out big money on crypto then they do tend to follow up on the same path without minding that much on what are the risks
involved until reality do slap out into their faces and do made them realize that this isnt something easy for someone to handle out.Of course you would need to have bback up plans and of course
savings is just a typical stuff to consider out.Everything should really be in planned and dont tend to rush up into something without having reconsideration on
what things should be done or else you would really mess up big time.

[dezoel]

You know what I have learned from the last year up to now? Don't panic. That's the main lesson that gets me through trigger-happy selling. And I'm not saying that you need to be one of those crypto preachers that yell from the top of their lungs not to sell, hodl forever, and such bullshit. It's not that, it's just the fact that if you miss out on one opportunity, that doesn't mean another won't present itself sometime in the future. Patience is key here, so don't dwell on missed opportunities, look forward to new ones.  

Indeed. There's a perfect timing to profit so we need to be more patient and dont let the past failed experience affect us on our future decision.

Last year's experience for me is quite good, I made a huge profit for taking advantage the season to take profit. For this year I plan to be more careful and do my best to set aside my emotions when making decision because its not easy to control.

I will follow the same plan and strategy that I did last year but it will depend on the movement of the coins because it can be different this time.

Not many people calculate the future all that much. If you save somewhere like %50 of your salary, there is a good chance you could literally retire in 10-15 years of working. The difference is that your payments are what dictates your life and the lower you bring yourself down the less you need to work. Most people see crypto as a way to get rich quick, but if you use crypto as investment then you are looking at something that is far better, far more profitable and allowing you to retire far earlier as well.

Many people have monthly plays, or even yearly plans but NOBODY does a decade long plan. The moment humanity realizes bitcoin is a retirement fund and not a get rich quick scheme, will be the time when people will make more profit from bitcoin as well. I personally approach it that way, and I am doing far better than I could ever hope for.

[TheUltraElite]

Controlling finances every year for me is a bit difficult, without investing and trading money will not spin.

You dont have to take risky investments if you are not in a position to. Playing safe is possible in the market but your returns might not be too high. To play safe, buy low and sell high, but choose some proper points. Save money every month and cut down on costs that you can possibly eliminate.

You know what I have learned from the last year up to now? Don't panic. That's the main lesson that gets me through trigger-happy selling.

Both trigger happy groups are at the verge of collapsing when the market goes in the opposite direction, this can and must be prevented by placing orders only after choosing a proper entry or exit point respectively.

And I'm not saying that you need to be one of those crypto preachers that yell from the top of their lungs not to sell, hodl forever, and such bullshit. It's not that, it's just the fact that if you miss out on one opportunity, that doesn't mean another won't present itself sometime in the future. Patience is key here, so don't dwell on missed opportunities, look forward to new ones. 

Those people are likely doing the opposite, so dont take their words to be always true, here only your decisions matter. And selling is as important as buying is in order to cycle the money, like @Alisha FR says "Spinning"

Only with patience can people place proper buy/sell orders at a profitable range, otherwise they will end up panic buy/selling which only leads downhill.

[oHnK]

Controlling finances every year for me is a bit difficult, without investing and trading money will not spin.

You dont have to take risky investments if you are not in a position to. Playing safe is possible in the market but your returns might not be too high. To play safe, buy low and sell high, but choose some proper points. Save money every month and cut down on costs that you can possibly eliminate.

You know what I have learned from the last year up to now? Don't panic. That's the main lesson that gets me through trigger-happy selling.

Both trigger happy groups are at the verge of collapsing when the market goes in the opposite direction, this can and must be prevented by placing orders only after choosing a proper entry or exit point respectively.

The psychological condition of an investor greatly influences his decision to invest.  If you really have a lot of time to manage your portfolio, I think being a trader is the most profitable position than investing in the long term and only expecting value growth and the worst option is to cut loss when it doesn't fit the criteria.  Don't be time-blind and ignore all the signs.  Long-term analysis is also very decisive, don't hold long term on shitcoins that we don't know what the project is.  The worst condition is like SQUID coin.

[Pamadar]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

Learning how to adjust is one of the best tool to acquire when you are into this investment.

We all commit mistakes and we are all experienced losses during our trading activities, but the good mindset to take is to be able
to catch up on any learning knowledge in avoiding to make another.

If you know how to use that mistake to favor your next trade, it will increase your chance to establish an investment plan for long
term venture, it depends on how you adopt and you pick the best project to hold.

[Oasisman]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

Well, that's a pump and dump type of coins, you'll get good profit from it when you know how to ride and you knew what you're dealing with in a short period of time, but it bears more risks that investing into a coin that already have established their names in crypto space.
Fortunately, what you choose to be investing next really suits your plan on some early retirement to enjoy a better life without all the pressure and stress from your day job. Crypto is the real life hack.

[Japinat]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

Well, that's a pump and dump type of coins, you'll get good profit from it when you know how to ride and you knew what you're dealing with in a short period of time, but it bears more risks that investing into a coin that already have established their names in crypto space.
Fortunately, what you choose to be investing next really suits your plan on some early retirement to enjoy a better life without all the pressure and stress from your day job. Crypto is the real life hack.

These are only good for people who love to risk. Pump and dump are for those who understand how the market moves or let's say an expert to that. However, if you don't have that kind of skills, then maybe holding good altcoins and bitcoin will make you profitable in the future.

Investing in crypto is risky in general, that's why you need to learn how to play the game.

[$crypto$]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

Well, that's a pump and dump type of coins, you'll get good profit from it when you know how to ride and you knew what you're dealing with in a short period of time, but it bears more risks that investing into a coin that already have established their names in crypto space.
Fortunately, what you choose to be investing next really suits your plan on some early retirement to enjoy a better life without all the pressure and stress from your day job. Crypto is the real life hack.

These are only good for people who love to risk. Pump and dump are for those who understand how the market moves or let's say an expert to that. However, if you don't have that kind of skills, then maybe holding good altcoins and bitcoin will make you profitable in the future.

Investing in crypto is risky in general, that's why you need to learn how to play the game.

I think we have to be alert to that risk because pump and dump are unavoidable but when choosing the wrong altcoin as top gainers then it will be a loss if choosing the right one will certainly be profitable in the future but in 2021 pump and dump so many of us will not smoothly choose the right coin of course some feel a momentary loss.
Studying and learning techniques is essential for a basic part of any investment you make, it takes skill not luck.

[poldanmig]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

Lack of knowledge in investing often makes us suffer losses, in the last few months I also experienced the same thing as you, several times I was stuck with new coins that experienced hype moments in triggering price increases, and until now my money is still stuck at the highest price the coins.
Frankly investing in the top 10 cmc crypto is a pretty safe step for the money we have, because after all the coins in the top 10 cmc are trusted coins and of course have a strong community.

[Juse14]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

I also feel the same way, although in the end it returned to the original price when I bought it. Hopefully it can be a lesson for us. It's not a mistake, and even if it must be said as a mistake it's not the end, but it's the beginning for us to be better in the future.

[Kodok Bencot]

The pandemic period is not over yet, new variants keep appearing so many types of businesses have not been able to rise, in my country unemployment has increased dramatically so I have to be creative to manage my finances so I can survive because of the increasing inflation rate, of course the best thing is to invest and cryptocurrencies are an alternative right.

[doomloop]

I think we have to be alert to that risk because pump and dump are unavoidable but when choosing the wrong altcoin as top gainers then it will be a loss if choosing the right one will certainly be profitable in the future but in 2021 pump and dump so many of us will not smoothly choose the right coin of course some feel a momentary loss.
Studying and learning techniques is essential for a basic part of any investment you make, it takes skill not luck.

Unfortunately pump and dump became a bit of a reality in the crypto world. There are so many people who made good amount of profit on this market, and that means they have a lot of money in crypto. This results with many of them using it to profit by pumping some smaller volume coins.

In the end, if you have 10+ million dollars, and you are looking at a coin with 2-3 million dollar volume daily, adding even 500k to that would increase the price like crazy, plus people would think that the coin is actually going high, you could also add in another 500k with like 50k per day for 10 days, which would still look good but not increase it like insanely.

So in the end, you just put in 1 million dollars to it, but suddenly the price is like 2x or something, you sell all of your 1 million dollars and it probably will be like at least 1.5 million dollars because of the pump, probably more. Could that turn out to be bad? Sure, whale could lose money too, but it is a risk they can take.

[Lanatsa]

The pandemic period is not over yet, new variants keep appearing so many types of businesses have not been able to rise, in my country unemployment has increased dramatically so I have to be creative to manage my finances so I can survive because of the increasing inflation rate, of course the best thing is to invest and cryptocurrencies are an alternative right.

Crypto could really be a viable option but you should mind off that there are also other things or options which you could take to make at least you do have lots of options to take rather than on focusing on single option.

Of course we should really do all sorts of things for us to survive and its relevant to make out some savings so that whenever you do end up on having no work or other source of income
then you do at least able to survive this problem.

If you don't prepare up on things then you would be fucked up later on.

[BuNga_cute]

I am very satisfied with Bitcoin's performance in 2021, even I managed to make a big profit in 2021. I managed to get all that because I had a good
plan from the start, so I could get positive results. Therefore, entering 2022 we must also start planning the investments that we will make. We have
to determine what strategy we will use to be able to generate much better profits in 2022. Moreover, the crypto market is very volatile, if we don't
plan well, there is a possibility that we take the wrong decision. Don't let us fail to get positive results this year because we didn't prepare a good plan.
I believe most people who manage to make big profits, they don't get it by chance, but I believe they have done careful planning beforehand.

Just do the same strategy prior to the 2021 bull run and you'll eventually make a profit in the next bull run. I'm not saying the bull run will come soon or this year, but it will definitely come, what we are going  to witness this year might be a huge correction, so we also have to be ready with that, see it as an opportunity to accumulate rather than a situation where we should panic and dump everything we have.

It's a pretty good idea to use the same strategy this year as we will use in 2021. If we really think that the 2021 strategy is still relevant and able
to give us profit this year, we can try to use the same strategy, rather than trying a new strategy that is not necessarily as good as the previous
strategy. Even so, we still have to prepare for the worst-case scenario, if it turns out that this year the price of Bitcoin moves much differently
from what happened in 2021. The conclusion is that we should never be satisfied with having only one strategy, we must have a backup strategy
if the market moves not according to our predictions.

That's the most important thing as long as it's still relevant to me it's okay to use the same strategy,
besides that we also need to prepare a new strategy first because market conditions can change,
but again it all depends on each person

The more strategies we have, the more choices we have when investing. We can use the strategy that best suits market conditions, to make it easier
for us to generate the profit we want. Because the market situation changes every year, depending on demand and popular trends. But as I said
before and you agree too, using the same strategy is not a problem as long as it is still relevant to the market situation. In the end, we really
shouldn't be influenced by the strategies that other people use, because sometimes the strategies that other people use, not necessarily
in accordance with our goals. Better we use a strategy that suits our goals, so that we can invest well and can generate big profits.

[Dunamisx]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually if feels good for one to take measure of how progressive his or her business and investment is moving, i can remember the proceedings of taking inventory in data analysis record keeping, such method can be adopted in bitcoin by creating an excel sheet to store informations regarding your crypto transactions for record keeping, you can make use of this format given below:

                             
                   Savings.          Investment

1. Date
2. Start up capital
3. Amount invested
4. Description of investment
5. Cash out and date
6. Reason for Cash out
7. Others

Most companies and institution adopt inventory (record keeping) for future references and it helps take measure to be responsible for every activities carried out.

[batang_bitcoin]

The pandemic period is not over yet, new variants keep appearing so many types of businesses have not been able to rise, in my country unemployment has increased dramatically so I have to be creative to manage my finances so I can survive because of the increasing inflation rate, of course the best thing is to invest and cryptocurrencies are an alternative right.

It's one of the best ways but there can also be the other investment types. As long as you know what investment fits you and you understand how it goes, that's much better.
We have to plan well for this year because we don't know if there will be stronger variants and if there will be more implementation and coming back to lock downs.

[Congyang]

The pandemic period is not over yet, new variants keep appearing so many types of businesses have not been able to rise, in my country unemployment has increased dramatically so I have to be creative to manage my finances so I can survive because of the increasing inflation rate, of course the best thing is to invest and cryptocurrencies are an alternative right.

Crypto could really be a viable option but you should mind off that there are also other things or options which you could take to make at least you do have lots of options to take rather than on focusing on single option.

Of course we should really do all sorts of things for us to survive and its relevant to make out some savings so that whenever you do end up on having no work or other source of income
then you do at least able to survive this problem.

If you don't prepare up on things then you would be fucked up later on.

That's right, Crypto is still an option in this case but of course things like this need at least learning and knowledge so that at least we don't get caught up in crypto. During this pandemic, we can't deny that so many people are getting into crypto because this is an option to make real profits.
but they are not aware and just want instant here which makes them trapped in something wrong and not a bit of a scam just because they want something instant.
Being in crypto is not as easy as you think, at least we need literacy to make us more aware and able to take advantage of the opportunities here

[dunfida]

The pandemic period is not over yet, new variants keep appearing so many types of businesses have not been able to rise, in my country unemployment has increased dramatically so I have to be creative to manage my finances so I can survive because of the increasing inflation rate, of course the best thing is to invest and cryptocurrencies are an alternative right.

Crypto could really be a viable option but you should mind off that there are also other things or options which you could take to make at least you do have lots of options to take rather than on focusing on single option.

Of course we should really do all sorts of things for us to survive and its relevant to make out some savings so that whenever you do end up on having no work or other source of income
then you do at least able to survive this problem.

If you don't prepare up on things then you would be fucked up later on.

That's right, Crypto is still an option in this case but of course things like this need at least learning and knowledge so that at least we don't get caught up in crypto. During this pandemic, we can't deny that so many people are getting into crypto because this is an option to make real profits.
but they are not aware and just want instant here which makes them trapped in something wrong and not a bit of a scam just because they want something instant.
Being in crypto is not as easy as you think, at least we need literacy to make us more aware and able to take advantage of the opportunities here

Just needing some common sense on which you would really need to learn it first before tending to jump in to the bandwagon because this is new but doesnt mean that you wouldnt really make out some research.

Be aware on what you are dealing with and if you do see that there's a potential which could help you out on at least improving your life then it would really be just normal for someone to make out such
action and this is what i have done when im just starting into this market.It does involved lots of time and effort though but once you do have a good grasps then you would really see
its benefits later on.

[Tellek Garing]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

Well, that's a pump and dump type of coins, you'll get good profit from it when you know how to ride and you knew what you're dealing with in a short period of time, but it bears more risks that investing into a coin that already have established their names in crypto space.
Fortunately, what you choose to be investing next really suits your plan on some early retirement to enjoy a better life without all the pressure and stress from your day job. Crypto is a real-life hack.

These are only good for people who love to risk. Pump and dump are for those who understand how the market moves or let's say an expert to that. However, if you don't have that kind of skills, then maybe holding good altcoins and bitcoin will make you profitable in the future.

Investing in crypto is risky in general, that's why you need to learn how to play the game.

Because of the high risk of cryptocurrency investment altcoin have become the riskiest investment option as most of them are just pump and dump coins and if you don't know how to follow their market wave one can end up losing everything, but again, building a good portfolio with quality and more stable coins will guarantee a good return on the long run.
But the fact should that holding Bitcoin and ethereum may give stable and steady profits compared to holding highly volatile assets.

[beezee]

The plan I will do in 2022 is to save as much bitcoin as possible and then sell it when the price soars. And I will save it in all crypto tokens but I'll keep an eye on it In order to stay profitable, but still be careful too... because my plan is a little dangerous if all of that is not monitored.

[LastKiss]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

~snip

These are only good for people who love to risk. Pump and dump are for those who understand how the market moves or let's say an expert to that. However, if you don't have that kind of skills, then maybe holding good altcoins and bitcoin will make you profitable in the future.

Investing in crypto is risky in general, that's why you need to learn how to play the game.

Because of the high risk of cryptocurrency investment altcoin have become the riskiest investment option as most of them are just pump and dump coins and if you don't know how to follow their market wave one can end up losing everything, but again, building a good portfolio with quality and more stable coins will guarantee a good return on the long run.
But the fact should that holding Bitcoin and ethereum may give stable and steady profits compared to holding highly volatile assets.

A lot of people join investments in cryptocurrencies because many people share about instant rich or instant profits, they invest without any proper education rather than make it a stable investment they make it like a gamble. They should know the volatility in the crypto market but that doesn't mean the money they invest is gone although they sell it at a lower price. Keep calm and buy the dip

[Oshosondy]

Most of us would be looking for 10-100x returns thats why they do really intent out to deal with low caps or shit coins in short because they've been hoping for that probability.
Sounds dumb but even myself do really consider out on accumulation but of course you would need to find the best one and wont tend to make out some actions
without any basis or even thinking up because it would really be that risky on doing so.

I remember bitcoin made it up to 10x and more in 2020 to 2021. When bitcoin price falled in 2020 massively, people that invested and that cash out when the price reach $63000 this year will make almost 20x.

Some people believe in low cap coins, they invest but they are now losing. I have heard about many people telling why they follow altcoins and altcoins failed them. But many altcoins lose massively in 2021 but some are just shit coins.

Proper research can help, have more than one coins will help, but we should be careful. See EOS, proper research in 2019 and early 2020 will suggest people to invest in EOS but not a good coin that brought good return in the massive price rise of 2020 and 2021. Good research may not help in few cases.

[Congyang]

That's right, Crypto is still an option in this case but of course things like this need at least learning and knowledge so that at least we don't get caught up in crypto. During this pandemic, we can't deny that so many people are getting into crypto because this is an option to make real profits.
but they are not aware and just want instant here which makes them trapped in something wrong and not a bit of a scam just because they want something instant.
Being in crypto is not as easy as you think, at least we need literacy to make us more aware and able to take advantage of the opportunities here

Just needing some common sense on which you would really need to learn it first before tending to jump in to the bandwagon because this is new but doesnt mean that you wouldnt really make out some research.

Be aware on what you are dealing with and if you do see that there's a potential which could help you out on at least improving your life then it would really be just normal for someone to make out such
action and this is what i have done when im just starting into this market.It does involved lots of time and effort though but once you do have a good grasps then you would really see
its benefits later on.

well this is the point.
because there is a cause and effect and indeed when we do something good then the result will be good and vice versa.
learning is very important because indeed by at least multiplying literacy at least we will become more understanding not only in crypto but in any case.
As for the benefits that we get from our understanding, it is the result we receive from the results of the learning we do

[molsewid]

A lot of people join investments in cryptocurrencies because many people share about instant rich or instant profits, they invest without any proper education rather than make it a stable investment they make it like a gamble. They should know the volatility in the crypto market but that doesn't mean the money they invest is gone although they sell it at a lower price. Keep calm and buy the dip

That's the common reason I know from many newbies in crypto today is because of the instant profit, high profit that they have heard from other investors and traders. Well, actually I will not going to disagree with it because earning a high profit in crypto is very much possible but also losing it instantly is also very much possible if we don't have enough knowledge on how to deal with it. Most of them are being attracted by the hype which they don't know the principle of crypto, the volatility and the high risk of crypto.

[SirLancelot]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

I like this your plans but I will help you with few analysis and I believe it will help you to adjust some of them. First the fact that you are penning them down is a fantastic idea, once it is in the head it always end in the head, setting an amount is also cool, diversifying is also a great idea but saying you will take less risk will me you have high chance of not even doing well like you did last year. I guess what should be there should be taking more calculated risk and not just any risk.

[Shasha80]

A lot of people join investments in cryptocurrencies because many people share about instant rich or instant profits, they invest without any proper education rather than make it a stable investment they make it like a gamble. They should know the volatility in the crypto market but that doesn't mean the money they invest is gone although they sell it at a lower price. Keep calm and buy the dip

That's the common reason I know from many newbies in crypto today is because of the instant profit, high profit that they have heard from other investors and traders. Well, actually I will not going to disagree with it because earning a high profit in crypto is very much possible but also losing it instantly is also very much possible if we don't have enough knowledge on how to deal with it. Most of them are being attracted by the hype which they don't know the principle of crypto, the volatility and the high risk of crypto.

Because most newbies make decisions based on other people's opinions,  that's what finally makes a lot of newbies misunderstand crypto
and make them suffer losses. They think crypto can give instant profit, but in reality, to be able to make big profits in crypto, need a long process.
The conclusion is that before deciding to invest in crypto, it is better to learn about the crypto world first. So we understand how crypto works,
that way we can make plan or strategy that we think can make a profit. Without knowledge investing in crypto is just a waste of money,
because the risk of investing in crypto is very large. We have to do research and analysis ourselves, to be able to make the right decisions,
so the opportunity to generate profits is much greater.

[Oilacris]

A lot of people join investments in cryptocurrencies because many people share about instant rich or instant profits, they invest without any proper education rather than make it a stable investment they make it like a gamble. They should know the volatility in the crypto market but that doesn't mean the money they invest is gone although they sell it at a lower price. Keep calm and buy the dip

That's the common reason I know from many newbies in crypto today is because of the instant profit, high profit that they have heard from other investors and traders. Well, actually I will not going to disagree with it because earning a high profit in crypto is very much possible but also losing it instantly is also very much possible if we don't have enough knowledge on how to deal with it. Most of them are being attracted by the hype which they don't know the principle of crypto, the volatility and the high risk of crypto.

Once they do experience on being fucked up then this is the time that they would really learn for themselves on how reality works on this crypto space.Even myself when im still a noob does have this kind

of behavior or beliefs in mind which i wouldnt deny and for sure most people does have the same since we do start on being a newbie and when you do saw someone who do flex out some good earning

then that greed of yours inside will definitely poked up and thats the time you would be molding up different bad impressions.

[Alisha-k]

Do not take less risk OP, you may end up in the same situation you're trying to avoid, instead of taking less risk I suggest you take strategic and calculated risk, that'll be a better option.
And yeah, your plans are great, I just hope you're able to actualise them.

[doomloop]

Do not take less risk OP, you may end up in the same situation you're trying to avoid, instead of taking less risk I suggest you take strategic and calculated risk, that'll be a better option.
And yeah, your plans are great, I just hope you're able to actualise them.

Maybe he already took a lot of risk last year and got more losses but learned something from that and now he builds up a plan to not repeat the same mistakes again. Taking less risk can lead to lesser gains but that is what he wants, he wants to be stable as much as possible.

2021 has been a tough year to all of us and mostly to me of course. There were lots of problems that came and it drained me not only financially but emotionally and physically as well. Let's just hope that 2022 is a different one and if possible let us follow what the op is doing, do not just invest right away onto some thing but pause and make a plan first.

[Tellek Garing]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

I also feel the same way, although in the end it returned to the original price when I bought it. Hopefully, it can be a lesson for us. It's not a mistake, and even if it must be said as a mistake it's not the end, but it's the beginning for us to be better in the future.

Well said every mistake allow us to learn to do it better next time, investment requires high knowledge and in gaining such knowledge we sometimes depend on our own mistakes to build the knowledge we desire, in the previous year quite a good number of investment opportunities came up but then not everyone has the requisite knowledge to tap into such opportunity.

[Pamadar]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

I also feel the same way, although in the end it returned to the original price when I bought it. Hopefully, it can be a lesson for us. It's not a mistake, and even if it must be said as a mistake it's not the end, but it's the beginning for us to be better in the future.

Well said every mistake allow us to learn to do it better next time, investment requires high knowledge and in gaining such knowledge we sometimes depend on our own mistakes to build the knowledge we desire, in the previous year quite a good number of investment opportunities came up but then not everyone has the requisite knowledge to tap into such opportunity.

Indeed, right, coming from those mistakes, you'll be able to manifest a good working strategy.

If you take things appropriately, you'll be getting new sets of knowledge that you can enhance from time to time. No need to be
stagnant and keep using your old strategy that ain't working and just letting you to lose your money. Investment should always be
back up by good planning and a good system to pattern your ways of success.

[TheEconomists]

Less risk less turn over hope you are very much aware of that analogy. You have a good plan for the year I will love to know your proposed capital that you want to use for investment purpose so we could assess you at the end of the calendar year 2022 if you so wish to make public.

[batang_bitcoin]

Well said every mistake allow us to learn to do it better next time, investment requires high knowledge and in gaining such knowledge we sometimes depend on our own mistakes to build the knowledge we desire, in the previous year quite a good number of investment opportunities came up but then not everyone has the requisite knowledge to tap into such opportunity.

Not really requiring high knowledge. Even having the basic knowledge and you really want to do it, that's already enough in investing. Always take the smooth path of learning and gaining knowledge with your experiences in life and struggles which makes you wiser through investing.
It's a continuous process of learning whether you're new or not to this, you should have that practice of keeping up with your finances.
The struggles that we have in life gives us the idea that we should have a savings and investment plan that will make us free as we grow older.

[ivankoh]

In 2021 I made a lot of mistakes, namely investing in coins that pump for a moment which is in the top gainers tab coinmarketcap, now is the time to switch to investing in top coins so that I can make savings and investments in the future because I hope to be able to retire from work and enjoy vacations soon and do a hobby that I love.

That's a pity but it can't be said that it would be a mistake even though some are still undervalued or overblown.  I have a similar situation but it is not considered a mistake because belief is the long-term future.  The price action behind the cycle can cause a lot of panic but patience and trust is better than dumping.  Lol

[jostorres]

2021 has been a tough year to all of us and mostly to me of course. There were lots of problems that came and it drained me not only financially but emotionally and physically as well. Let's just hope that 2022 is a different one and if possible let us follow what the op is doing, do not just invest right away onto some thing but pause and make a plan first.

People are approaching crypto like it is a quick thing and that is why it is not working for most people, and people who approach it as a business do not really get it neither, both of those people end up either losing money or they are not making enough.

This is not a business, you will not be able to grow it to a size and sell a business by talking to some people and getting the best offer, it has a set price so you will have to sell at that price market decides. It is not a quick like lets buy today and sell tomorrow and be rich thing neither. This is simply like gold, it will not make you rich overnight but it certainly beats holding fiat.

[Obito]

I like your idea of some skill development because that’s how humans know what they can do for the world. I think the most important thing that you should know is where you are right now with your current capital. You would know where you would stand if you know what your current situation is so you can somehow create a plan for it.

It's a good idea but OP and everyone who wants to try it should have the will to be able to develop it to become a career in the future and use it for you to be able to make money. I am the same as OP, I am planning to diversify right now but I am still a little bit behind when it comes to the money and crypto needed to be able to do that so I work much harder to be able to diversify much earlier.

[Viscore]

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

[boyptc]

I learned a lot from 2021 and I have regrets that I want to turn into victory this year so I'm planning to be more well prepared to take the risk and never be afraid to try something new especially in investing with good and potential projects. I'll add more allocation to my investment funds so I'll gain more profit from it. I'll be wiser in handling my finances more and would grab all the opportunities that crypto could offer.

We learn lessons from our mistakes. We don't want that to happen again so what we do is to do something like strategizing so that the same mistake will be avoided.

As you have learned the hard way, you'll be forced to think of those mistakes and will correct them for your own benefit. It's actually good if you're investing more these days because that's what it should be.

Investments that we plant today will help us in the future and it's for surely going to be usable.

[Sebas.tian]

Do not take less risk OP, you may end up in the same situation you're trying to avoid, instead of taking less risk I suggest you take strategic and calculated risk, that'll be a better option.
And yeah, your plans are great, I just hope you're able to actualise them.

He learnt from last year 2021 lesson, where everybody was using the same strategies to achieve income from the market that caused many to loss massive profit. I guess he will not try the same partner he used to plan last year to carry out his plan than to carry out his personal research before embarking to any project plan that will bring a good reward at the end of the project. many investors experienced so much losses in their businesses during Christmas and new year celebration because of the low price people experienced in the market. If you can maintain this your good plan, it will help you to achieve a lot from this 2022. The market is about to improve higher to alert people that this year it will be great to long term investors.

[CaptainCrapper]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.

[judaspriest]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.

It is also not an easy thing to be able to choose a project that is really good and has the potential to continue to grow in the future,
we need to do our own research and I think that's very important,
by joining and investing in a good project then most likely it will be profitable

[Zilon]

Crypto is a risk venture and some altcoin(shitcoins) are mostly manipulative assets I think at this point crypto should be based on individual analysis except for a few coin in which bitcoin, Bnb, Eth is inclusive we could still have more but I mostly recommend investors to invest on other coins based on their own research. its generally a risk taking business but some are really worth it.

[stomachgrowls]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.

It is also not an easy thing to be able to choose a project that is really good and has the potential to continue to grow in the future,
we need to do our own research and I think that's very important,
by joining and investing in a good project then most likely it will be profitable

Do your own research would be always the key or the case that must be done because if you dont do proper research and consideration on choosing up a project then its a bit useless or senseless on

holding a particular coin thats why you should really make out some in depth review towards it and you should not make rush decisions when it comes to your investment decisions.

Make sure and be patient on choosing the better one even though it wouldnt make out some guarantees but at least you had done your best shot.

[lumeire]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.

It is also not an easy thing to be able to choose a project that is really good and has the potential to continue to grow in the future,
we need to do our own research and I think that's very important,
by joining and investing in a good project then most likely it will be profitable

I guess there are a few points to consider while investing in new projects or even in the already established ones. First one being the community that surrounds the project, if the social groups of that project are very active then it is a plus point but if there are a lot of members in the group but only a handful of messages throughout the whole day then it is a negative sign.
Secondly the frequency of new features and updates that the team provides.
Lastly the PR of the project, this last factor is the biggest of them all, I have seen that a lot of times the projects that remain in limelight are the ones that gain the most in short period of time.

[Furious 7]

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin
But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself

[dunfida]

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin
But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

[Pamadar]

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

It's a wise decision. In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose
the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge
amount of growth is really possible..

[boyptc]

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

This is my kind of thing and I agree to you.

As part of my plan, I have invested steadily to crypto and the majority, bitcoin. My investment is more than my other assets outside crypto and that made me diversified, not with different cryptocurrencies.

But with crypto and other investment vehicles that would help me reach my goal of having financial freedom and making more stable income.

[molsewid]

It's a wise decision. In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose
the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge
amount of growth is really possible..

Each of one of us has their own choices which one they will going to put their money as an investment. Having a plan to start saving and investment is the best decision a certain person could attain in his life in this year and it is the best venues to grow you money. For me either traditional investment like stocks and real state or cryptocurrency are both good decision but of course those choices are also have their own kind of risks that a person should have to tolerate.

[perfect999]

In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge amount of growth is really possible..

Old way of saving money does not give any returns or interest because your only holding it on your own. The only way it can grow is when you add or when you save more money.

It was savings in the bank are the one that can give you a small interest but I think there is a downside with this because banks can charge you something, it is a fee for storing your money on their platform. Either we build our own business or we use the money to invest in some assets, both can provide us passive income but diversifying our money on different investments can work best and we should not only focus in crypto because cryptos are risky sometimes.

[stomachgrowls]

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

This is my kind of thing and I agree to you.

As part of my plan, I have invested steadily to crypto and the majority, bitcoin. My investment is more than my other assets outside crypto and that made me diversified, not with different cryptocurrencies.

But with crypto and other investment vehicles that would help me reach my goal of having financial freedom and making more stable income.

As long you are financially capable then doing this would really be on ease but of course the more risk that you should really bare to handle out because not all investment would turn out to be positive.
Diversification is recommended if you are able to do so but we know that not all would really be having that chance due to limit of funds or capacity.
Savings is needed not only for investment  means but of course for emergency which is really the intended thing for this kind of accumulation.

[Pamadar]

In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge amount of growth is really possible..

Old way of saving money does not give any returns or interest because your only holding it on your own. The only way it can grow is when you add or when you save more money.

It was savings in the bank are the one that can give you a small interest but I think there is a downside with this because banks can charge you something, it is a fee for storing your money on their platform. Either we build our own business or we use the money to invest in some assets, both can provide us passive income but diversifying our money on different investments can work best and we should not only focus in crypto because cryptos are risky sometimes.

I'm referring to that kind of savings,

something like time deposit where the bank will hold your money for some time and give you small interest.
Not sure, but with traditional banking, as long as you're in the minimum balance, the bank will not charge anything.

Investment is way better if you know what kind of investment or business to take. It will lead you to grow
your money and if you do succeed, it can bring financial freedom.

[virasog]

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin
But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

People usually invest in crypto becasuse they think iit gives better returns and also it is secure to invest in cryptocurrecnies. I think thiis is the right approach. I will also recommed this investmet.
You just buy a coin on an exchange, keep it in your wallet and later sell it once the prcies are higher. This investment is better than any other ponzi scheme investments where your funds are always at a risk.

[xSkylarx]

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

It's a wise decision. In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose
the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge
amount of growth is really possible..

Making money now a days is very hectic, many companies and businesses closed because of what happen to the entire world today. Savings and Investments is the best decision we could think about. Through out the year i learned to have savings and Investments because i know in the future it will help me whenever i have a problem like for example through paying hospitals or either to help my family. We should be wise in spending money today because no one will help if we have a problem financially.

[dunfida]

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin
But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

People usually invest in crypto becasuse they think iit gives better returns and also it is secure to invest in cryptocurrecnies. I think thiis is the right approach. I will also recommed this investmet.
You just buy a coin on an exchange, keep it in your wallet and later sell it once the prcies are higher. This investment is better than any other ponzi scheme investments where your funds are always at a risk.

Yes, it is really that qualified or considerable compared into other investment but you should play safe or be mindful about the risks involve and not that really that optimistic when it comes to results.

It would never be always that on positive unless if you are able to deal with the right project.As been mentioned and been suggested that diversification would play a great role if you are
really serious on having that financially free kind of life but of course it would be needing that risk to take.

[CaVO32]

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

It's a wise decision. In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose
the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge
amount of growth is really possible..

Making money now a days is very hectic, many companies and businesses closed because of what happen to the entire world today. Savings and Investments is the best decision we could think about. Through out the year i learned to have savings and Investments because i know in the future it will help me whenever i have a problem like for example through paying hospitals or either to help my family. We should be wise in spending money today because no one will help if we have a problem financially.

What I learned during this pandemic period is spend only on necessary things. If you think it is already a luxury, stop yourself from following your desire. And yes, as much as possible invest your extra funds. It may not be in crypto, but you can also start accumulating gold jewelry, as you don't need to shell out big funds. You will find out that there's always gold auctions in pawnshops. Gold, in my opinion, is timeless investments. Its value increases over time. And it is not hard to own one.

[kotajikikox]

I will take less risk this year but make my finances more stable with some skills development.

Taking less risk this year also means that you are likely not to beat your financial record of last year. I like the part of diversification because no man gets financially stable with only one source of income. Therefore buying varied but high use coins will profit your investment diversification more. You can buy coins like etheruem and bitcoin.

That also tells how safety he is looking now and that is not the essence of being crypto investor because we need to risk more to gain more,
Yes we can take precautionary measures but still we need to find coins that we trust and to put our capitals.
I am also a fan of diversification as my experience tells me about how safer this is but yet ? my main strategy is to But a coin that i think lowering ? and sell it when i think the price is growing meaning the popular strategy (BUY LOW< SELL HIGH) lol

[Tellek Garing]

Traders really experienced many challenges from crypto pumping and dumping in the market last year 2021 that made many traders to saved a huge amount of money for this new year 2022. Those that prepared good capital for this year's investment will have a lot to receive from their investment.

Those traders waiting for the price of altcoins to dump so that they can buy more altcoins and hold for the price to increase before they can sell to make a good profit.

In some ways your point is right, but most others prefer to just buy and hold instead of trading as is riskier to trade than to hold most especially if one is not skilled in trading, I aimed to buy more Bitcoin and fewer altcoins this year as the year 2021 was an entirely bearish year for most altcoins some of them get dumped in the early day of the year and never recover again all through to this time.

So after such experience, one will rather choose to invest in a more stable and reliable coin like Bitcoin other than risking your money on shit coins.

[Hamphser]

in the past years, savings have been very difficult to do, especially since the economy in the country has increased, it is really expensive and in case there is a chance to make money, I will choose the same because there is no reason for savings to be wrong and for an investment if  luckily why wouldn't I try for even a small amount because now the opportunity to earn through an investment is only here in a bitcoin crypto ...

When you do have savings then this is where you do really get your investment funds and also your emergency funds all in one thats why it is really crucial on making out some savings because if none then you would

just really be missing out those opportunities plus you would  really be fucked up in terms of funds when you do have problems.It is really just a common goal to have savings via means of various sources.

Doesnt matter on where you do get it as long you could able to accumulate funds whether for your personal expenses and the rest would really be put up on savings.

[sayaya17]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

Doing something without a plan will usually end in failure, so whatever activities we do must go according to plan. Likewise, when deciding
to invest in crypto, we must have a mature plan, so that we can get profit and avoid losses. But sometimes have a good plan, we must experience
losses and make mistakes first, so that we can learn from our mistakes and not repeat them again in the future. Actually, the main key
to a successful investment in crypto is to have patience, because the volatile crypto market tests our patience. The more we are patient the closer
to success, so control ourselves to be patient when facing a bearish market like now. Sometimes we have to hold the coins that we have bought
for a long time, even the coins that we buy the price will continue to fall after we buy them. This is where our patience is tested, as long as
we are patient and don't panic, we can make a profit in the end. Because the potential coins will always recover and go higher after the price
has fallen very deep, then make sure the coins we buy are potential.

[kapalmabur]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

It is very important indeed to start, it is necessary to prepare a plan first.
if looking at your plan i think its very good to have top coin,
for long term investment coins like BNB,Ethereum, or Matic for me it is a decent and profitable coin,
apart from that learning from mistakes is also a good thing so that in the future hope not to repeat the same mistakes

[Sir Legend]

Whatever happens with global economic problems such as pandemics, wars and so on, we must focus on investment, because many investments die during war and pandemics, I will choose investments that are faster to turn into cash so I will make the choice of cryptocurrencies my first target.

[Tellek Garing]

Whatever happens with global economic problems such as pandemics, wars and so on, we must focus on investment, because many investments die during war and pandemics, I will choose investments that are faster to turn into cash so I will choose cryptocurrencies as my first target.

That's cool cryptocurrency is one of the most lucrative investments at this period as the digital currency industry is still young and a lot of good projects are coming up that can give massive profits in a short time, but in choosing the right platform to invest in, one needs to make adequate findings as to know the direction of such investment so that you can easily follow the road maps without any challenge.

[dunfida]

Whatever happens with global economic problems such as pandemics, wars and so on, we must focus on investment, because many investments die during war and pandemics, I will choose investments that are faster to turn into cash so I will choose cryptocurrencies as my first target.

That's cool cryptocurrency is one of the most lucrative investments at this period as the digital currency industry is still young and a lot of good projects are coming up that can give massive profits in a short time, but in choosing the right platform to invest in, one needs to make adequate findings as to know the direction of such investment so that you can easily follow the road maps without any challenge.

I dont believe about having no challenge when choosing up even though you are pretty aware on what project you are following but it wont really be guaranteeing out that you would succeed on that one in the future.

It would be always mattering with the demand itself because even how potential or good it is but the demand isnt there then you could expect something that it wont really be that good for you.

So going all in as form of investment plan is something not that good but its not bad to consider either.So only invest on the amount you could afford always.

[Pejoh Asu]

Now i'm over 29 years old and have 3 kids, i'm still working in the office an i'm tired of the current economic condition, many things i can't buy to please my family so i plan to invest around 50% of my salary to buy some coins what I'm aiming for in the long term, if I don't force it then I'm worried that my life won't change.

[xSkylarx]

Anyone can have his own investment plan, if you ask me I would say I have a short to the mid-term investment plan for this year, firstly I should check my note and my investments and I did during the last year and take lessons from my mistakes I've done during that time, then from the lessons, we got from the past we can have a plan for 2022 for example during 2021 I sold a big share of my investment to buy an apartment and gave it to rent to make passive income but now I can see I was mistaken because I could get more profit by holding bitcoin so my first lesson can be to trust bitcoin even if the market is bearish and everyone is panic selling and I'm going to use this lesson for my new investment plan for 2022.

True, we all believe in the concept of increasing our savings, but there are so many reasons to spend that it is easy to get sidetracked. Every time we postpone saving and investing, we miss out on opportunities to grow our wealth. We must commit to putting a portion of your income aside for savings in order to help you reach your goals sooner. I encourage you to make saving a habit. The earlier you begin, the more funds you accumulate, and the more assets you earn for your long-term goal.

[boyptc]

Now i'm over 29 years old and have 3 kids, i'm still working in the office an i'm tired of the current economic condition, many things i can't buy to please my family so i plan to invest around 50% of my salary to buy some coins what I'm aiming for in the long term,

Buy bitcoin.

Don't risk too much in putting that into different altcoins. At least with bitcoin, you've got a certain investment that's going to give you peace of mind in the long run.

It's volatile but looking at the future, you'll understand why everyone is holding it.

if I don't force it then I'm worried that my life won't change.

This is true if you don't try to change a thing or two, nothing will happen, nothing will change. At least now, you're decided to invest that part of your salary into crypto.

I hope that you'll sustain your family's need with the remaining 50%. Just keep on making investments and as well as other source of income.

[Fatunad]

Anyone can have his own investment plan, if you ask me I would say I have a short to the mid-term investment plan for this year, firstly I should check my note and my investments and I did during the last year and take lessons from my mistakes I've done during that time, then from the lessons, we got from the past we can have a plan for 2022 for example during 2021 I sold a big share of my investment to buy an apartment and gave it to rent to make passive income but now I can see I was mistaken because I could get more profit by holding bitcoin so my first lesson can be to trust bitcoin even if the market is bearish and everyone is panic selling and I'm going to use this lesson for my new investment plan for 2022.

True, we all believe in the concept of increasing our savings, but there are so many reasons to spend that it is easy to get sidetracked. Every time we postpone saving and investing, we miss out on opportunities to grow our wealth. We must commit to putting a portion of your income aside for savings in order to help you reach your goals sooner. I encourage you to make saving a habit. The earlier you begin, the more funds you accumulate, and the more assets you earn for your long-term goal.

There are situations which do really make this habit to be that impossible to be done specially when you do have lots of expenses or priorities which it do connects out with financial
So there are things which are inevitable for you to make out some spending but as much as we could we should make out some savings no matter what because we do know
on what would be the things that it could back it up not only for emergency purposes but also with some investment as well.

[Tellek Garing]

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Everything should have a plan.I have already some plan for this year.I want to Invest in Long time holding and trading. My plan goes to I'm buying some valuable coin and long time hold and. I think every investor or trader should need to patience and control yourself.I learned already from my mistake in 2021, i hope i will Victory this year.

It is very important indeed to start, it is necessary to prepare a plan first.
if looking at your plan i think its very good to have top coin,
for long term investment coins like BNB,Ethereum, or Matic for me it is a decent and profitable coin,
apart from that learning from mistakes is also a good thing so that in the future hope not to repeat the same mistakes

Of course, if one is preparing for long term investment holding stable and already established coins such as BNB and BTC ETH, are the best choice when choosing to hold for long as most of the other low cap and new coins can easily get dumped so one needs to constantly stay active in the market.

The new coins are not suitable for long-term investment but can also give a good turnover if one gets lucky and the coin receives public attention in the market but it can sustain that position for a long that is why it is not good for the long term holdings.

[Frengki_cisco]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Suitable, I agree, I think I should follow your tricks and strategies to do things this year, especially investment, I don't want to fail again for this year, I'm at risk and I have to do something about crypto this year.

[sarmrakib]

My plan for the year already got collapsed, because I limited myself from gambling and decided to spend just a dollar to the max per day. I wasn't able to keep myself in control and have lost $20. Now my wallet is empty, and now I focus much on trading. I've planned to make very minimal earning through trading practice investing on top order altcoins.

Gambling is always a risky way of earning .So i always avoid this way of earning .You can thank yourself that you are back on the track after doing only 20$ loss .It could 2000$ if you get addicted on it .However its a better thinking that to trade and earn . Its a better way of earning though this is so risky if you don't know much about it .I also have a plan for this year to keep save my altcoin and hold until i get a good return and also doing trade with minimum of risk .I hope i will gain much from the past year i have .Best of luck for you as well mate .

[Rockstarguy]

My plan for the year already got collapsed, because I limited myself from gambling and decided to spend just a dollar to the max per day. I wasn't able to keep myself in control and have lost $20. Now my wallet is empty, and now I focus much on trading. I've planned to make very minimal earning through trading practice investing on top order altcoins.

Gambling is always a risky way of earning .So i always avoid this way of earning .You can thank yourself that you are back on the track after doing only 20$ loss .It could 2000$ if you get addicted on it .However its a better thinking that to trade and earn . Its a better way of earning though this is so risky if you don't know much about it .I also have a plan for this year to keep save my altcoin and hold until i get a good return and also doing trade with minimum of risk .I hope i will gain much from the past year i have .Best of luck for you as well mate .

Focusing more in investing is a better plan that will always come with good results when one is consistent in it. It is a good plan  that one hopes of getting profit from  it. But when it comes to gambling it should  not be counted as plan that can always generate profit because gambling  is unpredictable, it is never certain to know if one can gain from it.

[livingfree]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Suitable, I agree, I think I should follow your tricks and strategies to do things this year, especially investment, I don't want to fail again for this year, I'm at risk and I have to do something about crypto this year.

Just calculate the risk you take.

You're going to be good with your investments upon making and taking calculated risks. As you take those, don't forget that it's just part of your financial plan and there are some other things you still have to do.

And that's about making money through another resource.

[Pamadar]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Suitable, I agree, I think I should follow your tricks and strategies to do things this year, especially investment, I don't want to fail again for this year, I'm at risk and I have to do something about crypto this year.

Just calculate the risk you take.

You're going to be good with your investments upon making and taking calculated risks. As you take those, don't forget that it's just part of your financial plan and there are some other things you still have to do.

And that's about making money through another resource.

Yes, you need to balance everything. If you manage to do, better the chance is high for you to succeed.

These investments that being planed correctly can give you a decent amount of benefits. It's a matter of choice and your focus
to enhance your knowledge to have much better accuracy.

There are people who continue to earn and enjoy the benefits. Just look forward and try harder.

[Markinzo]

It's actually crucial to save in case of "rainy days", cause the future itself is unpredictable. Most reason amongst many as to why certain persons that actually had the intention of saving end up not been able to save or invest is because their expenses/responsible does not only equate but goes beyond their income and so they even have to manage to keep things going with the little they receive.

Others find it difficult to save not cause they don't have a sum left to save after much expenditure but cause of maybe due to ostentatious life they have imbibe in themselves.

But be it as it may, one really need to save and invest irrespective of how much you earn, wether small or big, as far as you plan yourself well before your income arrives there will always be room for savings and investment.

N/B: if you don't earn like them, don't spend like them!

[CaVO32]

It's actually crucial to save in case of "rainy days", cause the future itself is unpredictable. Most reason amongst many as to why certain persons that actually had the intention of saving end up not been able to save or invest is because their expenses/responsible does not only equate but goes beyond their income and so they even have to manage to keep things going with the little they receive.

Others find it difficult to save not cause they don't have a sum left to save after much expenditure but cause of maybe due to ostentatious life they have imbibe in themselves.

But be it as it may, one really need to save and invest irrespective of how much you earn, wether small or big, as far as you plan yourself well before your income arrives there will always be room for savings and investment.

N/B: if you don't earn like them, don't spend like them!

That is very true. Live within your means. Be frugal with your lifestyle. If it is not necessary, then, don't buy. It is better to have savings rather than spending some of your extra to your wants or luxury. Because you don't know what the future will be, and if you are not prepared, you will find yourself regretting that you haven't prepared yourself. Even if you have little salary, you can find ways how to put some to your savings. Think of the goals that you want to achieve and you will be encouraged to save as much as possible.

[Lanatsa]

Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Suitable, I agree, I think I should follow your tricks and strategies to do things this year, especially investment, I don't want to fail again for this year, I'm at risk and I have to do something about crypto this year.

Just calculate the risk you take.

You're going to be good with your investments upon making and taking calculated risks. As you take those, don't forget that it's just part of your financial plan and there are some other things you still have to do.

And that's about making money through another resource.

Yes, you need to balance everything. If you manage to do, better the chance is high for you to succeed.

These investments that being planed correctly can give you a decent amount of benefits. It's a matter of choice and your focus
to enhance your knowledge to have much better accuracy.

There are people who continue to earn and enjoy the benefits. Just look forward and try harder.

Balance everything is the key on which you should really be having savings plus having those investments if you do really tend to live a good life in terms of financial and something worry free too since you do have money

not only for investment but also in emergency purposes which is a must because not all the times we are just fine and there are really days on which situations do really happen which would be needing some financial

back-up and if you dont have something like that then you would really be finding big problem onwards or on the current situation you are in.

[Tellek Garing]

It's actually crucial to save in case of "rainy days", cause the future itself is unpredictable. Most reason amongst many as to why certain persons that actually had the intention of saving end up not been able to save or invest is because their expenses/responsible does not only equate but goes beyond their income and so they even have to manage to keep things going with the little they receive.

Others find it difficult to save not cause they don't have a sum left to save after much expenditure but cause of maybe due to ostentatious life they have imbibe in themselves.

But be it as it may, one really need to save and invest irrespective of how much you earn, wether small or big, as far as you plan yourself well before your income arrives there will always be room for savings and investment.

N/B: if you don't earn like them, don't spend like them!

That is very true. Live within your means. Be frugal with your lifestyle. If it is not necessary, then, don't buy. It is better to have savings rather than spending some of your extra to your wants or luxury. Because you don't know what the future will be, and if you are not prepared, you will find yourself regretting that you haven't prepared yourself. Even if you have little salary, you can find ways how to put some into your savings. Think of the goals that you want to achieve and you will be encouraged to save as much as possible.

You all have spoken we'll and also have made my information and knowledge broader with this comment, we need to plan our financial life as to be able to execute our investment and business life dealing with a volatile asset such as cryptocurrency require in-depth knowledge and discipline in order not to make any wrong decision.