What is the best crypto investment advice you can give someone who makes 600$ per month from other job? I'm presently in this situation and due to the unstable crypto market we in I don't know what to advice this person, even 2022 looks bearish to me, help me out
Thats a decent earning from a normal job I guess. Its kinda hard to give you advice on crypto cause that $600 could grow or burn instantly on crypto. Try to learn first the basic of trading and from there you can try out to risk your $600 slowly on some alts or bitcoin and try to win the market by incorporating technique from trading analytics.it's not guaranteed but if you use some parameter and indicator you could grow that. 
Topic: Help me out - page 2. (Read 174 times)
What is the best crypto investment advice you can give someone who makes 600$ per month from other job? I'm presently in this situation and due to the unstable crypto market we in I don't know what to advice this person, even 2022 looks bearish to me, help me out
Well you are already earning a decent amount from your other jobs which I guess are not crypto related, so assuming you want to invest on crypto as a beginner, I would suggest putting around %17 - 20% monthly depending on your personal expenses (if you want to be Conservative) otherwise you can decide 50%, btc is ideal to buy, however, you can also decide on some top alts like eth, bnb, sol, avax, luna, this are all trusted alts with solid team and utility, of course, the choice is yours, this is not financial advice.
Between, what makes you think 2022 will be bearish? I don't feel it will be but it is always good to be prepared.
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What is the best crypto investment advice you can give someone who makes 600$ per month from other job? I'm presently in this situation and due to the unstable crypto market we in I don't know what to advice this person, even 2022 looks bearish to me, help me out
It depends on what country you are residing since cost of living is a very important factor to determine your proper allocation for investment. If you are living on a country which the cost of living is not that high. You use 30% of your salary for crypto investment but your salary is just sufficient buying your own necessities monthly. You should not risk any money on crypto at all.
In your case, it is better to take risks and bet on projects for $ 50 per month until you find a project that will give x50 and you can increase the size of the bet. For you, this is a roulette game with an unknown number of randomly winning numbers. where you can win and lose a lot at once or constantly lose but a little bit.
And that is the big question, which project will give you x50 when we are about to enter a bear market. So for starters I would say choose altcoins in the top 10 and see how it goes first. Specially if what I said will be true, because in the bear market, the prices of the coins will sure be going down hard and it will be on a bargain. And then that is the right time to buy and fill your bags and then hold for years and wait till the next bull run (if you have that kind of mentality). But if you are here for short term, hmm, I can't advise you on what to invest though, for me it's better if you go long in a bear market.
In your case, it is better to take risks and bet on projects for $ 50 per month until you find a project that will give x50 and you can increase the size of the bet. For you, this is a roulette game with an unknown number of randomly winning numbers. where you can win and lose a lot at once or constantly lose but a little bit.
What is the best crypto investment advice you can give someone who makes 600$ per month from other job? I'm presently in this situation and due to the unstable crypto market we in I don't know what to advice this person, even 2022 looks bearish to me, help me out
If you can save 10% of your salary save it or you can follow the strategy of:Code:
income-savings = expenses
I've seen it somewhere and if the savings pertaining to crypto investment, DCA for bitcoin. That would do and just be consistent and you'll see how much it's grown over time for the next years. This is by far the safest method IMO. What is the best crypto investment advice you can give someone who makes 600$ per month from other job? I'm presently in this situation and due to the unstable crypto market we in I don't know what to advice this person, even 2022 looks bearish to me, help me out
30% Savings30% Expenses
10% insurance
20% Traditional investment like stocks and indices
10% Allocate for crypto
If you dont like volatility then its better to play safe on buying bitcoin
even though its not an assurance but at least on the better side of things when you are in doubt.
What is the best crypto investment advice you can give someone who makes 600$ per month from other job? I'm presently in this situation and due to the unstable crypto market we in I don't know what to advice this person, even 2022 looks bearish to me, help me out
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