How diversified are you with your investment, crypto aside?

[SirLancelot]

I'm a young professional, starting working a year ago, and so far I've been placing 20% of my monthly salary into crypto (only crypto).

I understand that it's risky, and would like to save in other ways too. But then whenever I start deciding ...

- savings account offers 0.65% APR, meaning I'd be saving liquidity but also Losing due to inflation.

- traditional markets have less fluctuation but are risky anyway, so may as well stick to BTC and ETH no?

- can't think of any other investment type that yields more than 10% py. Enough to cover inflation.

Any suggestions that could help change my mind?
 Or are all you deep into crypto only, like myself ?

You are young and professional already but what appeals me more is that you are considering investing your first salary in crypto. You are far better than the majority here. Another thing that appeals me is that you seem to know a lot including the risks and this is why you are deciding to diversity. If it's about savings only then I think we shouldn't mind the returns because we are already getting a return in our investments.

Traditional markets can be less volatile but they are also less risky. You can diversify your funds on them to lessen the risk that you are getting here in cryptos. What is better is that they might be unaffected whenever there are problems happening in the crypto world.

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[batang_bitcoin]

- can't think of any other investment type that yields more than 10% py. Enough to cover inflation.

Any suggestions that could help change my mind?
 Or are all you deep into crypto only, like myself ?

Thanks!

Most staking platforms that do have stablecoins on their assets are likely giving 10% APY. For you have that various choice, check the assets of mycointainer and you'll see the APY of the assets that they support.
Many are not that much but it's better than to be gullible of those high APYs but too good to be true. Read their terms and be guided.

[carlfebz2]

- can't think of any other investment type that yields more than 10% py. Enough to cover inflation.

Any suggestions that could help change my mind?
 Or are all you deep into crypto only, like myself ?

Thanks!

Most staking platforms that do have stablecoins on their assets are likely giving 10% APY. For you have that various choice, check the assets of mycointainer and you'll see the APY of the assets that they support.
Many are not that much but it's better than to be gullible of those high APYs but too good to be true. Read their terms and be guided.

Based up on experience 10% APY is standard for most staking platforms but still not enough for me to trust up but if i do see that you could withdraw anytime without having that much big charge or reduction then

i might consider such option but if not then i would simply skip.If you do have money to spare then it isnt really bad to take or touch up staking but of course you should mind off about the certain risk.

Not all projects do end up on good fate but rather declining and even dying when the time comes thats why you should be careful on choosing which one.

[TelolettOm]

diversification in investment is something that is beneficial. this is to decrease the risks. however too many diversifications may also disturb your focus.
fo me, investing in crypto is a risky but profitable investment, moreover in Bitcoin. some altcoins are also owned like BNB, ETH, LTC, and some others. but not sure about the APY.
outside cry[to, investment in gold is one of the ways that I can reach, than in property because of the limited capital

[Rufsilf]

It is common to think about earning a profit when investing but you have to consider the situation that crypto is a risky investment, perhaps all investments are quite risky. For you to decide, it is a need for your mind to clear the doubts and keep the positivity within, and be firm in what you aim for. And the only thing I could suggest for you is to start investing in Bitcoin and be satisfied earning small as I think that was important rather than thinking big.

[Wind_FURY]

diversification in investment is something that is beneficial. this is to decrease the risks. however too many diversifications may also disturb your focus.

fo me, investing in crypto is a risky but profitable investment, moreover in Bitcoin. some altcoins are also owned like BNB, ETH, LTC, and some others. but not sure about the APY.

outside cry[to, investment in gold is one of the ways that I can reach, than in property because of the limited capital

Plus if plebs like us with very small capital truly want to make REAL MONEY, then we should NOT "diversify" like we control an amount of capital that has more than 7 figures in value. Buy the DIP, and HODL Bitcoin would be enough. It's still risky, but not as risky as gambling with 20x leverage.

OP, another advice I can give you is, put ALL your coins in cold storage. Temptations of selling will always be there in your mind especially during market crashes. The cold storage will help you fight that temptation.

[Pandu Geddon]

It is common to think about earning a profit when investing but you have to consider the situation that crypto is a risky investment, perhaps all investments are quite risky. For you to decide, it is a need for your mind to clear the doubts and keep the positivity within, and be firm in what you aim for. And the only thing I could suggest for you is to start investing in Bitcoin and be satisfied earning small as I think that was important rather than thinking big.

collecting a little of our small earnings for bitcoin would not be bad. a little, but if it is done continuously and consistently I think it is only a matter of time we will have quite a large asset.
I set aside Bitcoin. but from trading, I attract to investments like gold. I just collected bitcoins, and it's not worth much. but I want to be consistent to do it.

[el kaka22]

There is nothing else that you could invest which would give returns like you could find in crypto. Sure many people think that there are, but there aren't any and that is what matters to me. I personally would prefer that if we could go down this route, then we could come out swinging and crypto would be the hammer in our hands.

So, if you are thinking about anything else, don't, definitely not idiotic stuff like savings accounts because they are just traps for banks to get your money to make more money with it. All in all, crypto is not something that makes you money alone, it gets you rich and you should be holding it as long as you could possibly hold it.

[_BlackStar]

I believe we have many great options to choose from for investment instruments including crypto, gold, property or land as well as bank deposits. I would probably pick 3 of the ones I mentioned above and those are crypto, gold and land but the latter would probably be a completely safe choice for you in the long run without too much risk.

Crypto and gold are always fluctuating and may still fall lower, but land investments will tend to provide maximum returns in the long term especially if they are strategically located for future development. However, I own crypto as well as gold because it is an option I accept the risk.

[ethereumhunter]

It is common to think about earning a profit when investing but you have to consider the situation that crypto is a risky investment, perhaps all investments are quite risky. For you to decide, it is a need for your mind to clear the doubts and keep the positivity within, and be firm in what you aim for. And the only thing I could suggest for you is to start investing in Bitcoin and be satisfied earning small as I think that was important rather than thinking big.

The name of investment must have risk and this is what we must know to minimize that risk. If you invest in crypto, you need to choose what coins you can use so you can start analyzing when you can invest. But if you only invest in bitcoin, I think it's a good choice because you can start buying bitcoin when the price is down, like now and hold it for a certain period. If you can hold bitcoin for the next few years or until the price increases and creates a new ATH, it will give you a big profit.

[Z-tight]

fo me, investing in crypto is a risky but profitable investment, moreover in Bitcoin. some altcoins are also owned like BNB, ETH, LTC, and some others. but not sure about the APY.
outside cry[to, investment in gold is one of the ways that I can reach, than in property because of the limited capital

Everything is a risk, 'life itself is a risk' and there is nothing to change that. If you are to invest in crypto you have to choose one of them, if you think you are diversifying when you invest in btc, eth, bnb etc, you are wrong, i will choose only btc, and for the other person, they should choose the one coin they trust, then look outside of crypto for extra investment, i.e. bitcoin and gold, bitcoin and stocks, bitcoin and silver, etc, that is diversification.

[skarais]

I believe we have many great options to choose from for investment instruments including crypto, gold, property or land as well as bank deposits. I would probably pick 3 of the ones I mentioned above and those are crypto, gold and land but the latter would probably be a completely safe choice for you in the long run without too much risk.

Crypto and gold are always fluctuating and may still fall lower, but land investments will tend to provide maximum returns in the long term especially if they are strategically located for future development. However, I own crypto as well as gold because it is an option I accept the risk.

Gold and Crypto, that's the options I'm considering right now as they both provide a decent return. I am more familiar with gold than crypto and gold has been my long term investment or perhaps as a store of value asset.

Apart from being jewelry, gold is good for investment but since crypto opens up more opportunities for profit than gold then I might consider 70% of my investment here and the remaining 30% in gold. I know the risks, but also I think it will be worth the payoff.

[Mahanton]

fo me, investing in crypto is a risky but profitable investment, moreover in Bitcoin. some altcoins are also owned like BNB, ETH, LTC, and some others. but not sure about the APY.
outside cry[to, investment in gold is one of the ways that I can reach, than in property because of the limited capital

Everything is a risk, 'life itself is a risk' and there is nothing to change that. If you are to invest in crypto you have to choose one of them, if you think you are diversifying when you invest in btc, eth, bnb etc, you are wrong, i will choose only btc, and for the other person, they should choose the one coin they trust, then look outside of crypto for extra investment, i.e. bitcoin and gold, bitcoin and stocks, bitcoin and silver, etc, that is diversification.

Wont really be bad to choose other option as long your finances permits and able for you to do so.Doesnt matter if you do choose traditional investment or adding up your  crypto portfolio.
You do really need to take up some risk and its true that everything does have the risk.Therefore, you should really be that having on being prepared on certain conditions.
Its up to you because all of us are really that serious on finding other source of income which might be generated out by the investments that we are involving in.
Although it wont really be that simple and effective most of the time but at least we do try.

[Russlenat]

I'm a young professional, starting working a year ago, and so far I've been placing 20% of my monthly salary into crypto (only crypto).

I understand that it's risky, and would like to save in other ways too. But then whenever I start deciding ...

- savings account offers 0.65% APR, meaning I'd be saving liquidity but also Losing due to inflation.

- traditional markets have less fluctuation but are risky anyway, so may as well stick to BTC and ETH no?

- can't think of any other investment type that yields more than 10% py. Enough to cover inflation.

Any suggestions that could help change my mind?
 Or are all you deep into crypto only, like myself ?

Thanks!

Bitcoin is a very good investment, yet a very risky too. But I definitely agree on you that there is no other investment that is profitable as bitcoin. However, you could also invest into real estate, buying them at a low price, and selling them at a higher price after making some good developments. You can diversify your investments as much as you want, but always allocate higher portion of capital for bitcoin.

[Johnyz]

Investing regularly with crypto is great, you just need to analyze where to put that money. Maybe you can diversify it into Bitcoin and the half is for any altcoins that you see potential for long term investing. I will always add BTC as one of my priority though of course the risk will always be here. If you want a less hassle and less risk investment, go for the bonds and other banks products, which I think can be a total waste of opportunity for you.

[Vaculin]

- traditional markets have less fluctuation but are risky anyway, so may as well stick to BTC and ETH no?

There are far less risky traditional market assets, like index funds.

- can't think of any other investment type that yields more than 10% py. Enough to cover inflation.

A business. Start and grow a business yourself(or purchase one), then hire managers so the business be somewhat "passive"; without frequently needing your presence for the business to run.

You can franchise a popular fastfood chain for another investment, I’m sure that will gain a good income since the name of your business is already established. So even if you are working on your crypto investment, you can still yield a good amount of income without your presence often seen in the store.

[BuNga_cute]

Investing regularly with crypto is great, you just need to analyze where to put that money. Maybe you can diversify it into Bitcoin and the half is for any altcoins that you see potential for long term investing. I will always add BTC as one of my priority though of course the risk will always be here. If you want a less hassle and less risk investment, go for the bonds and other banks products, which I think can be a total waste of opportunity for you.

If we have been investing regularly in crypto and the results are satisfactory, then many people think there is no need to invest elsewhere.
Even though that's a wrong thought in my opinion, because we know investing in crypto is very high risk, so we should have a backup plan
in case anything bad happens to crypto. It is true that investing in bank products does not provide satisfactory results, especially with the very high
inflation rate. But there are still other options to diversify, like investing in Gold is still feasible for us to do. Although the profit generated from
investing in Gold is not as large as we get from investing in crypto, at least it can minimize the risk when investing. Even if we have a large
capital investment in real estate is another consideration to do, because my advice diversify investments should be done other than crypto.
We have to think about the worst that could happen, so it is highly recommended to have investments other than crypto.

[batang_bitcoin]

Most staking platforms that do have stablecoins on their assets are likely giving 10% APY. For you have that various choice, check the assets of mycointainer and you'll see the APY of the assets that they support.
Many are not that much but it's better than to be gullible of those high APYs but too good to be true. Read their terms and be guided.

Based up on experience 10% APY is standard for most staking platforms but still not enough for me to trust up but if i do see that you could withdraw anytime without having that much big charge or reduction then

i might consider such option but if not then i would simply skip.If you do have money to spare then it isnt really bad to take or touch up staking but of course you should mind off about the certain risk.

Not all projects do end up on good fate but rather declining and even dying when the time comes thats why you should be careful on choosing which one.

Well, if you think that 10% isn't enough then find other platforms that will give you more than that. The banks are even giving 1%-3% and that's likely the highest. Although some digital banks are also in existence today and can give as high as 7%.
Yes, flexible savings is what we want so that we can pull out our money so quick and that's why you have to choose a platform like mycointainer that don't require assets to be locked as you stake.

[GreatArkansas]

Any suggestions that could help change my mind?
 Or are all you deep into crypto only, like myself ?
(......)

Another thing is you must look at local investment, like owning some properties or land which is another way to avoid inflations if you are afraid to go all in with cryptocurrencies.
And another thing there are already a lot of tokenized assets now, even stocks, gold, silver, etc., you can own them just using cryptocurrencies and it is a good thing also as diversified.

[SquallLeonhart]

fo me, investing in crypto is a risky but profitable investment, moreover in Bitcoin. some altcoins are also owned like BNB, ETH, LTC, and some others. but not sure about the APY.
outside cry[to, investment in gold is one of the ways that I can reach, than in property because of the limited capital

Everything is a risk, 'life itself is a risk' and there is nothing to change that. If you are to invest in crypto you have to choose one of them, if you think you are diversifying when you invest in btc, eth, bnb etc, you are wrong, i will choose only btc, and for the other person, they should choose the one coin they trust, then look outside of crypto for extra investment, i.e. bitcoin and gold, bitcoin and stocks, bitcoin and silver, etc, that is diversification.

You can think of it as all risk, but you do not have to end up doing something that would risk even more. I personally do not think that it would be that much of a trouble, I am willing to let it be a small issue but that doesn't mean that I would make it an okay thing to risk even more than I should.

So, while I am all for risking some to get even more, doesn't mean that I would be willing to consider taking risk of all my money in a single red or black on roulette, that's way too much, so I am making it smaller by investing into bitcoin and a few other big names and nothing more right now, because that is how we could end up profiting even more.