2022 Savings and investment plan - page 2.

Tellek Garing

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Quote from: ?? on ??

Traders really experienced many challenges from crypto pumping and dumping in the market last year 2021 that made many traders to saved a huge amount of money for this new year 2022. Those that prepared good capital for this year's investment will have a lot to receive from their investment.

Those traders waiting for the price of altcoins to dump so that they can buy more altcoins and hold for the price to increase before they can sell to make a good profit.

In some ways your point is right, but most others prefer to just buy and hold instead of trading as is riskier to trade than to hold most especially if one is not skilled in trading, I aimed to buy more Bitcoin and fewer altcoins this year as the year 2021 was an entirely bearish year for most altcoins some of them get dumped in the early day of the year and never recover again all through to this time.

So after such experience, one will rather choose to invest in a more stable and reliable coin like Bitcoin other than risking your money on shit coins.

kotajikikox

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Quote from: Gozie51 on January 04, 2022, 05:21:54 AM

Quote from: Tellek Garing on January 04, 2022, 04:55:23 AM

I will take less risk this year but make my finances more stable with some skills development.

Taking less risk this year also means that you are likely not to beat your financial record of last year. I like the part of diversification because no man gets financially stable with only one source of income. Therefore buying varied but high use coins will profit your investment diversification more. You can buy coins like etheruem and bitcoin.

That also tells how safety he is looking now and that is not the essence of being crypto investor because we need to risk more to gain more,
Yes we can take precautionary measures but still we need to find coins that we trust and to put our capitals.
I am also a fan of diversification as my experience tells me about how safer this is but yet ? my main strategy is to But a coin that i think lowering ? and sell it when i think the price is growing meaning the popular strategy (BUY LOW< SELL HIGH) lol

CaVO32

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Quote from: xSkylarx on February 16, 2022, 10:04:30 AM

Quote from: Pamadar on February 14, 2022, 03:15:44 AM

Quote from: dunfida on February 13, 2022, 04:13:58 PM

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

It's a wise decision. In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose
the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge
amount of growth is really possible..

Making money now a days is very hectic, many companies and businesses closed because of what happen to the entire world today. Savings and Investments is the best decision we could think about. Through out the year i learned to have savings and Investments because i know in the future it will help me whenever i have a problem like for example through paying hospitals or either to help my family. We should be wise in spending money today because no one will help if we have a problem financially.

What I learned during this pandemic period is spend only on necessary things. If you think it is already a luxury, stop yourself from following your desire. And yes, as much as possible invest your extra funds. It may not be in crypto, but you can also start accumulating gold jewelry, as you don't need to shell out big funds. You will find out that there's always gold auctions in pawnshops. Gold, in my opinion, is timeless investments. Its value increases over time. And it is not hard to own one.

dunfida

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Quote from: virasog on February 16, 2022, 08:25:20 AM

Quote from: dunfida on February 13, 2022, 04:13:58 PM

Quote from: Furious 7 on February 13, 2022, 03:34:10 PM

Quote from: Viscore on February 11, 2022, 11:31:43 PM

Quote from: beezee on January 13, 2022, 01:41:47 PM

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin Grin

But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

People usually invest in crypto becasuse they think iit gives better returns and also it is secure to invest in cryptocurrecnies. I think thiis is the right approach. I will also recommed this investmet.
You just buy a coin on an exchange, keep it in your wallet and later sell it once the prcies are higher. This investment is better than any other ponzi scheme investments where your funds are always at a risk.

Yes, it is really that qualified or considerable compared into other investment but you should play safe or be mindful about the risks involve and not that really that optimistic when it comes to results.

It would never be always that on positive unless if you are able to deal with the right project.As been mentioned and been suggested that diversification would play a great role if you are
really serious on having that financially free kind of life but of course it would be needing that risk to take.

xSkylarx

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Activity: 2352

Merit: 594

Quote from: Pamadar on February 14, 2022, 03:15:44 AM

Quote from: dunfida on February 13, 2022, 04:13:58 PM

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

It's a wise decision. In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose
the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge
amount of growth is really possible..

Making money now a days is very hectic, many companies and businesses closed because of what happen to the entire world today. Savings and Investments is the best decision we could think about. Through out the year i learned to have savings and Investments because i know in the future it will help me whenever i have a problem like for example through paying hospitals or either to help my family. We should be wise in spending money today because no one will help if we have a problem financially.

virasog

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Activity: 2954

Merit: 1159

Quote from: dunfida on February 13, 2022, 04:13:58 PM

Quote from: Furious 7 on February 13, 2022, 03:34:10 PM

Quote from: Viscore on February 11, 2022, 11:31:43 PM

Quote from: beezee on January 13, 2022, 01:41:47 PM

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin Grin

But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

People usually invest in crypto becasuse they think iit gives better returns and also it is secure to invest in cryptocurrecnies. I think thiis is the right approach. I will also recommed this investmet.
You just buy a coin on an exchange, keep it in your wallet and later sell it once the prcies are higher. This investment is better than any other ponzi scheme investments where your funds are always at a risk.

Pamadar

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Activity: 2982

Merit: 1028

Quote from: perfect999 on February 15, 2022, 11:46:03 AM

Quote from: Pamadar on February 14, 2022, 03:15:44 AM

In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge amount of growth is really possible..

Old way of saving money does not give any returns or interest because your only holding it on your own. The only way it can grow is when you add or when you save more money.

It was savings in the bank are the one that can give you a small interest but I think there is a downside with this because banks can charge you something, it is a fee for storing your money on their platform. Either we build our own business or we use the money to invest in some assets, both can provide us passive income but diversifying our money on different investments can work best and we should not only focus in crypto because cryptos are risky sometimes.

I'm referring to that kind of savings,

something like time deposit where the bank will hold your money for some time and give you small interest.
Not sure, but with traditional banking, as long as you're in the minimum balance, the bank will not charge anything.

Investment is way better if you know what kind of investment or business to take. It will lead you to grow
your money and if you do succeed, it can bring financial freedom.

stomachgrowls

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Activity: 2982

Merit: 790

Quote from: boyptc on February 14, 2022, 05:45:31 AM

Quote from: dunfida on February 13, 2022, 04:13:58 PM

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

This is my kind of thing and I agree to you.

As part of my plan, I have invested steadily to crypto and the majority, bitcoin. My investment is more than my other assets outside crypto and that made me diversified, not with different cryptocurrencies.

But with crypto and other investment vehicles that would help me reach my goal of having financial freedom and making more stable income.

As long you are financially capable then doing this would really be on ease but of course the more risk that you should really bare to handle out because not all investment would turn out to be positive.
Diversification is recommended if you are able to do so but we know that not all would really be having that chance due to limit of funds or capacity.
Savings is needed not only for investment means but of course for emergency which is really the intended thing for this kind of accumulation.

perfect999

sr. member

Activity: 1624

Merit: 299

Quote from: Pamadar on February 14, 2022, 03:15:44 AM

In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge amount of growth is really possible..

Old way of saving money does not give any returns or interest because your only holding it on your own. The only way it can grow is when you add or when you save more money.

It was savings in the bank are the one that can give you a small interest but I think there is a downside with this because banks can charge you something, it is a fee for storing your money on their platform. Either we build our own business or we use the money to invest in some assets, both can provide us passive income but diversifying our money on different investments can work best and we should not only focus in crypto because cryptos are risky sometimes.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: Pamadar on February 14, 2022, 03:15:44 AM

It's a wise decision. In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose
the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge
amount of growth is really possible..

Each of one of us has their own choices which one they will going to put their money as an investment. Having a plan to start saving and investment is the best decision a certain person could attain in his life in this year and it is the best venues to grow you money. For me either traditional investment like stocks and real state or cryptocurrency are both good decision but of course those choices are also have their own kind of risks that a person should have to tolerate.

boyptc

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Quote from: dunfida on February 13, 2022, 04:13:58 PM

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

This is my kind of thing and I agree to you.

As part of my plan, I have invested steadily to crypto and the majority, bitcoin. My investment is more than my other assets outside crypto and that made me diversified, not with different cryptocurrencies.

But with crypto and other investment vehicles that would help me reach my goal of having financial freedom and making more stable income.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: dunfida on February 13, 2022, 04:13:58 PM

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

It's a wise decision. In my point of view, investing and saving are venues that you can grow your money.

Though in savings, if you'll going to use traditional way, it can only give a small percentage while with investing if you choose
the right asset to hold it or if you choose a right business to venture the chance of growing your money to a decent to huge
amount of growth is really possible..

dunfida

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Activity: 3122

Merit: 1140

Quote from: Furious 7 on February 13, 2022, 03:34:10 PM

Quote from: Viscore on February 11, 2022, 11:31:43 PM

Quote from: beezee on January 13, 2022, 01:41:47 PM

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin Grin

But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself

People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

Furious 7

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Activity: 2856

Merit: 644

https://duelbits.com/

Quote from: Viscore on February 11, 2022, 11:31:43 PM

Quote from: beezee on January 13, 2022, 01:41:47 PM

is it good to invest in all crypto or bitcoin?? I still watch out for everything.

Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin Grin

But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself

lumeire

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Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Quote from: judaspriest on February 13, 2022, 11:58:30 AM

Quote from: CaptainCrapper on February 13, 2022, 11:43:32 AM

Quote from: Tellek Garing on January 04, 2022, 04:55:23 AM

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.

It is also not an easy thing to be able to choose a project that is really good and has the potential to continue to grow in the future,
we need to do our own research and I think that's very important,
by joining and investing in a good project then most likely it will be profitable

I guess there are a few points to consider while investing in new projects or even in the already established ones. First one being the community that surrounds the project, if the social groups of that project are very active then it is a plus point but if there are a lot of members in the group but only a handful of messages throughout the whole day then it is a negative sign.
Secondly the frequency of new features and updates that the team provides.
Lastly the PR of the project, this last factor is the biggest of them all, I have seen that a lot of times the projects that remain in limelight are the ones that gain the most in short period of time.

stomachgrowls

hero member

Activity: 2982

Merit: 790

Quote from: judaspriest on February 13, 2022, 11:58:30 AM

Quote from: CaptainCrapper on February 13, 2022, 11:43:32 AM

Quote from: Tellek Garing on January 04, 2022, 04:55:23 AM

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.

It is also not an easy thing to be able to choose a project that is really good and has the potential to continue to grow in the future,
we need to do our own research and I think that's very important,
by joining and investing in a good project then most likely it will be profitable

Do your own research would be always the key or the case that must be done because if you dont do proper research and consideration on choosing up a project then its a bit useless or senseless on

holding a particular coin thats why you should really make out some in depth review towards it and you should not make rush decisions when it comes to your investment decisions.

Make sure and be patient on choosing the better one even though it wouldnt make out some guarantees but at least you had done your best shot.

Zilon

sr. member

Activity: 966

Merit: 421

Bitcoindata.science

Crypto is a risk venture and some altcoin(shitcoins) are mostly manipulative assets I think at this point crypto should be based on individual analysis except for a few coin in which bitcoin, Bnb, Eth is inclusive we could still have more but I mostly recommend investors to invest on other coins based on their own research. its generally a risk taking business but some are really worth it.

judaspriest

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Activity: 1330

Merit: 100

C O M B O

Quote from: CaptainCrapper on February 13, 2022, 11:43:32 AM

Quote from: Tellek Garing on January 04, 2022, 04:55:23 AM

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.

It is also not an easy thing to be able to choose a project that is really good and has the potential to continue to grow in the future,
we need to do our own research and I think that's very important,
by joining and investing in a good project then most likely it will be profitable

CaptainCrapper

full member

Activity: 462

Merit: 100

Quote from: Tellek Garing on January 04, 2022, 04:55:23 AM

The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.

Sebas.tian

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Activity: 2100

Merit: 174

Quote

Do not take less risk OP, you may end up in the same situation you're trying to avoid, instead of taking less risk I suggest you take strategic and calculated risk, that'll be a better option.
And yeah, your plans are great, I just hope you're able to actualise them.

He learnt from last year 2021 lesson, where everybody was using the same strategies to achieve income from the market that caused many to loss massive profit. I guess he will not try the same partner he used to plan last year to carry out his plan than to carry out his personal research before embarking to any project plan that will bring a good reward at the end of the project. many investors experienced so much losses in their businesses during Christmas and new year celebration because of the low price people experienced in the market. If you can maintain this your good plan, it will help you to achieve a lot from this 2022. The market is about to improve higher to alert people that this year it will be great to long term investors.

Topic: 2022 Savings and investment plan - page 2. (Read 1337 times)