Instead, make it a hobby! It can be very stressful if you make it your only source if income. Especially for these past few days because Bitcoin has been dropping by nearly 50%!
#1 TIP TO FOLLOW
Only invest what you can afford to lose. Just like you would if you were going to a casino! You don’t go in there expecting to hit the Jackpot, but you go there to have fun and expect you might not come out on top. Now this translates right over to Bitcoin and trading. Every day, week, or month, whatever your strategy may be, “gamble” what you can afford to lose. Bitcoin has made its name to stay and I can say with confidence that it will surpass the 20k mark. SO NOW WOULD BE A GREAT OPPORTUNITY TO BUY/INVEST! (Id recommend investing your bitcoin into STEEM so you can earn more off Curation awards which I will speak about in another post).
Trading coins to me is very fun, because I don’t risk my life savings. Instead of going to the bar and spending $100 ever weekend on drinks, now that $100 goes to investment. 52 weeks in a year equals $5,200. Now let’s say your investments double or triple or even 500%x as much as it is today. You’d be sitting on over $20k! In one year! Now you can put that down payment on your dream car you’ve been thinking about.. 😏
PLEASE LEAVE A COMMENT AND UPVOTE IF YOU LIKED THIS POST. ALSO GIVE MYSELF A FOLLOW AND YOU WILL RECIEVE ONE IN RETURN.
-ALEX