01-07-2021, 07:11 AM
Don't invest more than you can afford to lose/ priorities
<!-- SC_OFF --><div class="md"><p>Hey guys, just a quick reminder here, to not invest more fiat into crypto or any speculative asset, than you can afford to throw away. </p> <p>We all can daydream about lambos on the moon, when some of you/us, can't really afford to put big numbers into the market. Don't think of this as some kind of FUD, because it's true.<br/> Sort out your priorities first. If your house appliances are broken, you struggle to pay the bills on time, you have a bank loan... Please take care of that first. It should be #1 priority to sort that out.<br/> After you are all done with that and don't need to think about losing the roof over your head, or making it through the month with groceries, then decide to put some of it to the investments/savings. And please remember, what can go up, could also come down one day. Have at least 6 monthly wages put and locked aside and don't touch it in any way. We are nothing but flys in a world full of big players. Hope for the best but prepare for the worst.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/marxxy94"> /u/marxxy94 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/krleio/dont_invest_more_than_you_can_afford_to_lose/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/krleio/dont_invest_more_than_you_can_afford_to_lose/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hey guys, just a quick reminder here, to not invest more fiat into crypto or any speculative asset, than you can afford to throw away. </p> <p>We all can daydream about lambos on the moon, when some of you/us, can't really afford to put big numbers into the market. Don't think of this as some kind of FUD, because it's true.<br/> Sort out your priorities first. If your house appliances are broken, you struggle to pay the bills on time, you have a bank loan... Please take care of that first. It should be #1 priority to sort that out.<br/> After you are all done with that and don't need to think about losing the roof over your head, or making it through the month with groceries, then decide to put some of it to the investments/savings. And please remember, what can go up, could also come down one day. Have at least 6 monthly wages put and locked aside and don't touch it in any way. We are nothing but flys in a world full of big players. Hope for the best but prepare for the worst.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/marxxy94"> /u/marxxy94 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/krleio/dont_invest_more_than_you_can_afford_to_lose/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/krleio/dont_invest_more_than_you_can_afford_to_lose/">[comments]</a></span>Kind Regards R