2022 Savings and investment plan

[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.

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[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.