/biz/ - Business & Finance

https://discord.gg/kzXd3K

Get in before it's too late!!!

I went all in and bought $49 of link. Am I gonna be okay? How rich will I be in 2020?

>>3928208
To make it? That depends how expensive is life where you live.The safest is to gather the maximum you can invest, and then put 75% in Bitbay and 25% in Blocknet. You will be rich in 6 months with that.Both projects are currently very cheap and are scheduled moon missions for the coming months.
Although don't take my advise. Just do your own research and you will see yourself how great of a potential these two projects have.

>>3902867
Aiming for short terms profit is ok if trading is your day to day job. Otherwise, if you still want to have a life to enjoy, you must aim for mid term and long term gains.
Long term gains being for the project you really trust to be healthy/potent enough to grow for the coming years, and mid terms for those you like but aren't still not fully sure.

Regarding diversification, it is usually good to spread risks but you must not spread it too much because any investments you do must be well thought and properly followed.
Usually max 5. If you want to be more confident, aim for 3 but spends more time researching for the best of the best.
Although nothing prevents you to go all in with a single cryptocurrency. It is more risky but if you are really knowledgeable and confident in a particular project, you can take such risk and prove it to be a good choice.

Important factors:
>Good tech with real world use cases
>released product to test yourself
>strong roadmap
>no shady team
>price of entry (buy the dips and low market cap projects for max ROIs potential)

As the sake of example, Bitay fits such description.

>>3902789
Yeah you should totally check it out. Bitbay is genuinely good tech. I am bullish on it.