I’m a 22-year-old novice in the crypto world who hasn’t delved deeply into research (and I’m not too keen on it).
I’ve based my decisions on a handful of YouTube analyses and decided to invest in cryptocurrencies like Cardano and Kaspa, along with a smaller stake in Bitcoin because it remains the market leader. I’d appreciate any thoughts on these choices, and I’m open to suggestions for other promising crypto options.
Investing in cryptocurrency often involves balancing potential returns with the risks inherent in a volatile market. From my experience, it’s important to take time to study each option further, especially with new projects that lack a thorough track record. Focusing on a limited number of well-known coins while gradually expanding your portfolio might help manage risks. A few months of focused learning and tracking market trends could lead to more informed decisions as you continue building your investment strategy.
hey there, i really think it’s good your exploring this space while you’re easing in. i’ve found that sometimes relying only on youtube vids can leave out some deeper insights about the technology behind each coin. have you ever looked at the project whitepapers or their dev communities? sometimes understanding the vision behind a coin, like what problem it aims to solve, can really change how you feel about investing in it. also, it’s cool to have a mix, but maybe try to slowly include some coins that got a solid back story even if they’re not as popular as bitcoin. what do u think about exploring a bit into the tech side, or maybe even joining some crypto chats to see what others r saying? would love to hear more on your thoughts!
hey, i think you should dive into more reserch before u go all in. cryptos are risky and relying on youtube alone might leave u in the dark. stick with known coins for now and learn the basics, it might help before taking bigger leaps.