๐ How to invest in 5 strong currencies? (From start to finish)
โ If you have an amount and want to divide it among 5 strong cryptocurrencies, follow these steps:
1๏ธโฃ Choose strong currencies
Choose only currencies that have a clear project โ a strong team โ a large trading volume โ an active community
(Examples: BTC โ $ETH โ BNB โ $SOL โ $XRP )
2๏ธโฃ Divide your capital
Do not put all your money into one currency
Example:
If you have $100 โ divide it into $20 for each currency
3๏ธโฃ Adopt a smart buying strategy (DCA)
Do not buy all at once!
Spread your purchases over several days or weeks
To avoid buying at price peaks
4๏ธโฃ Store currencies in a wallet
Within Binance or a secure external wallet
And enable protection system like 2FA
5๏ธโฃ Only follow important news
Do not monitor the price every minute
Invest your mind before your money ๐
6๏ธโฃ Determine the investment duration
โ Medium/long-term investment
โ At least 6 months to 2 years
7๏ธโฃ Take your profits when prices rise
Example: When each currency rises +30% to +50%
Withdraw part of the profits and keep it in USDT
8๏ธโฃ Avoid selling out of fear
The market goes up and downโฆ this is normal
Patience is the key to profit ๐๏ธ
๐ The golden advice:
Never invest more than you can afford to lose
And focus on learning before trading
