Hello everyone! Hope you're all doing well.
I've had this idea for a while that me and some of my friends "pool our money" together and buy different kinds of crypto weekly. Now I finally got this change to do this with my girlfriend so this is the beginning of our so called "journey" and I'd like to share this with all of you.
Yesterday was the first time me and my girlfriend did this and we bought 10€ (5+5) worth of token called 0x which was a little over 5 ZRX at that time. We buy all our crypto through Coinbase
25% of what this post makes will be reinvested back into the 0x token when the post payout is made and will be reported on the next post.
Why we buy weekly?
We try to have a disciplined approach on the market. We are not trying to time the market. We believe that making a recurring investment on the market will have a better return margin.
Why we buy random?
We buy random coins so there's a higher chance of one of the coins increasing in value over time. In other words we are trying to have a diversified crypto portfolio which reduces our risk of losing our money.
What is "money pooling"?
Money pools most often involve a group of family members, coworkers, or close friends who agree to pool their money equally through monthly (or regular) contributions to a fund. The amount agreed upon might be small, say $50 per month, or large, like $200 every two weeks, for a fixed period of time
Source: Massmutal
I'm not a financial advisor. Only invest if you've done research and please don't take my word for your investment choices.
Thank you for your time!