If I hit the target in crypto field I think I will move on another venture and that is real esate. Aside from investing in real estate, I also wanted to invest in different business such as buy and sell. Cryptocurrency is a good investment but as said, do not put all your egg in one basket so diversify is one good option.
Moving into a different venture offline is actually a very good way to make use of the huge amount one may have realized from cryptocurrency and real estate is a very good option. For someone like me, I have always liked the idea of investing in real estate as well as oil and gas and I feel if I can get a very good target, those areas would be my first target and being able to build on that will keep giving me an established opportunity to invest more into cryptocurrencies over time.
Investing in the cryptocurrency world is for life, but sometimes I always feel the holding thing sometimes is too over hyped and with trend following, it is good sometimes to utilize those moments to get the best from the market by playing with the fluctuations in prices for long term holders. A lot of us keep holding and then we see our investments flashing through our eyes every time, go high today, drop hugely tomorrow and then you feel so stupid holding all along.
Yes i think its a very good idea to diversify your porfolio and properly manage your money, as for example been stated above, its really a good option to spread your investments not only to a certain source of income. As of now you are actually right and i feel the same thing thinking i was a bit stupid for a short period of time keep holding into maybe because of greed.
Having another source of income can also give huge help for you maybe not now but for someday just in case some things might happen, i've been also thinking on investing to real estate properties and i think that's a good option to choose.
