Greetings to all ladies of hive. For this week contest, I will will be answering the first question. >1οΈβ£ Whether a newbie or veteran blogger, it would be good to have financial goals and a plan. Have you considered diversifying into other cryptocurrencies or tokens in your plans? If so, which ones would/did you choose and why. Crypto investment is not a get rich quick business although it is something that can double our balance in folds. Many have this fear of investing in crypto with the mindset of losing all their funds. There is no argument on if someone could lose all his funds investing in crypto but it depends on the type of crypto investment you dive into. ![](https://images.ecency.com/DQmWEu3HGNXoLcowKdvbNFznB9As3Nj4HzAka6VqNfZk2cu/photo_1622020457014_aed1cc44f25e.jpeg) For me, I didn't know that there was anything like digital currency until 2020 when my friend took me to an intensive crypto class. These classes opened my eyes to see the value of investment. He told me the difference between shitcoins and potential coins, spot trading and future trading and how to conduct technical analysis on a coin before diving in. With these classes, I had an idea which coins to risk much and which to risk low. So, after the classes, with the knowledge of long term and short time investment. I decided to have two wallets, one for short and one for long term. I decided to diversify the money into different coins as I don't know the one that will surprise me. So, after doing technical analysis on SOLANA, ETH, TRON, TWT DGT, ADA, BNB and ONE. I bought 2 SOLs when the price was $50, during the bullish run, it ran to $100 per SOL. I was advised by a friend to take some profit but I was thinking it will remain so forever even with my little knowledge. It Dawn on me when the price returned to $50 during the last heavy dip. I bought Harmony (ONE) worth $20 but it went down drastically during the dip but I know when one invests in a potential coin, the price might go down but the value remains. When the crypto market looked very unstable,I left my spot wallet and visited my future wallet. This future trading is more like forex where you conduct an analysis, then take a trade. Depending on the kind of trader you are. When I am in much need of urgent cash, I dive into future trading, sometimes I encounter loss while some I make profit. Then, during this dip too, I used the opportunity to add more coins to my wallet, I bought more ETH, Lite Coin, Shiba, Doge, etc. Finally, leaving emotions aside during the dip is a needed thing in crypto. Some people once it gets to bearish period, they get so emotional that they sell off their coins in loss and prefer to buy back when the market is bullish. This kind of mentality will make a crypto investor incur nothing but losses. It is always advisable to buy the dip and sell it at a profit. ![](https://images.ecency.com/DQmQKLNFsjqGNUpKXyj14tKkcMuqfXj3Nt2yQZpxRBFNfiB/png_20220730_030912_0000.png)
author | marynn |
---|---|
permlink | loh-contest-96-my-investing |
category | hive-124452 |
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arcange | 0 | 809,797,903,515 | 5% | ||
raphaelle | 0 | 6,373,555,667 | 5% | ||
anarcist69 | 0 | 12,612,444,983 | 7.5% | ||
clayboyn | 0 | 8,666,042,758 | 7.5% | ||
makinstuff | 0 | 15,546,298,448 | 12.5% | ||
walterjay | 0 | 4,459,946,393 | 0.37% | ||
steemitboard | 0 | 41,530,487,563 | 5% | ||
amberyooper | 0 | 5,690,518,759 | 10% | ||
followbtcnews | 0 | 139,480,067,292 | 15% | ||
minnowsupport | 0 | 3,750,569,817,675 | 25% | ||
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bambukah | 0 | 2,162,314,107 | 6% | ||
koh | 0 | 945,724,558 | 15% | ||
silversaver888 | 0 | 37,714,756,602 | 10.5% | ||
kerrislravenhill | 0 | 138,085,480,666 | 38% | ||
duke77 | 0 | 2,124,831,593 | 10% | ||
warpedpoetic | 0 | 2,570,493,629 | 12.5% | ||
solominer | 0 | 390,954,078,773 | 6.25% | ||
zaxan | 0 | 2,040,033,874 | 22.5% | ||
marivic10 | 0 | 846,411,470 | 2.5% | ||
zuerich | 0 | 432,931,120,641 | 10% | ||
cleanplanet | 0 | 46,624,357,200 | 5% | ||
pboulet | 0 | 1,002,366,516 | 0.6% | ||
harpreetjanda | 0 | 750,803,002 | 2% | ||
blarchive | 0 | 19,747,047,627 | 15% | ||
anarcist | 0 | 702,510,589 | 15% | ||
shainemata | 0 | 8,913,367,004 | 5% | ||
lazybug | 0 | 857,102,462 | 25% | ||
laruche | 0 | 30,151,901,923 | 0.75% | ||
authentika | 0 | 1,049,400,735 | 10% | ||
hive-143869 | 0 | 111,023,795,793 | 10% | ||
recoveryinc | 0 | 2,014,506,349 | 3.12% | ||
beemd | 0 | 516,742,717 | 20% | ||
paolazun | 0 | 1,355,054,223 | 12.5% | ||
samrisso | 0 | 2,171,300,938 | 3.12% | ||
cookaiss | 0 | 757,322,740 | 5% | ||
tomtothetom | 0 | 835,079,489 | 6.25% | ||
jane1289 | 0 | 5,399,332,289 | 14% | ||
ifarmgirl | 0 | 17,415,551,073 | 19.11% | ||
cugel | 0 | 951,462,327 | 3.12% | ||
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adaezeinchrist | 0 | 3,346,569,386 | 100% | ||
farmboy-boss | 0 | 9,673,808,534 | 25% |
Thanks to your friend who introduced you to crypto education. It looks like you have a diversified portfolio :) All the best to you.
author | ifarmgirl |
---|---|
permlink | re-marynn-2022824t19502318z |
category | hive-124452 |
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Thanks sis @ifarmgirl for this cool comment. Am so grateful to him for putting me through. The knowledge I acquired has been part of what is sustaining me for years now.
author | marynn |
---|---|
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category | hive-124452 |
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Cheers Maryanne :) Enjoy your crypto journey :)
author | ifarmgirl |
---|---|
permlink | re-marynn-2022825t10133256z |
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The sad part in trading is when tokens are on sale but you have nothing to use to buy them π . I lost a lot, but learn a lot as well..
author | jane1289 |
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permlink | re-marynn-2022823t184114861z |
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My dear @jane1289 . That feeling is always deeeep. That's my current state right now. The market is on deep but no funds to buy them. In crypto, we will definitely be losses and wins. It's a 50 50 game. Then, in learning aspect, we keep learning new things daily in crypto space.
author | marynn |
---|---|
permlink | re-jane1289-2022824t13223872z |
category | hive-124452 |
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It is difficult to know when to take profits when an investment is going well especially when it reaches All-Time-Highs (ATH) then we rely too much on an emotional choice to sell. It is why I set a predetermined reasonable price to sell a percentage of my holdings and avoid making a hasty choice, https://files.peakd.com/file/peakd-hive/kerrislravenhill/23zkhtoVrjrL8qsvFmvseQiKVBEwuYXuuUxCzHrc9kBSszwCj9qinm78mAMeQMzSBrBbZ.png It's a good time to pick up quality coins. Thanks for posting @marynn
author | kerrislravenhill |
---|---|
permlink | re-marynn-2022823t153225190z |
category | hive-124452 |
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Once I notice a high rise in price, I will be so joyous forgetting to take some profit. I guess I will work with your method from now hence. Thanks for taking your time to read through my work and comment.
author | marynn |
---|---|
permlink | re-kerrislravenhill-2022824t132830453z |
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<div class='pull-right'>https://images.hive.blog/DQmUFKyWG6zjMAqY9tdbnb1FouE9bLKEAJNEDZSWzpWdZtM/image.png<p><sup><a href='https://hive-engine.com/?p=market&t=LOH'>View or trade </a> <code>LOH</code> tokens.</sup></p></div><center><br> <p>@marynn, You have received 1.0000 LOH for posting in Ladies of Hive. We believe that you should be rewarded for the time and effort spent in creating articles. The goal is to encourage token holders to accumulate and hodl LOH tokens over a long period of time.</p> </center><div></div>
author | ladytoken |
---|---|
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marynn | 0 | 2,947,868,133 | 100% |
Thanks for the reward
author | marynn |
---|---|
permlink | re-ladytoken-2022823t85954948z |
category | hive-124452 |
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@marynn, your article was upvoted by @minnowsupport !
author | silversaver888 |
---|---|
permlink | re-marynn-2022823t18271030z |
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marynn | 0 | 2,929,034,804 | 100% |
WOW π€π€, am so grateful. Thanks so much for your support @minnowsuport for the upvote and to you too @silversaver888 .
author | marynn |
---|---|
permlink | re-silversaver888-2022824t133026616z |
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Keep writing and engaging others , @marynn ! !LADY ππΊπ€
author | silversaver888 |
---|---|
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Taking advantage of falling and rising cryptocurrency prices is a gamble and one in which one must pay full attention. !LADY
author | tibaire |
---|---|
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---|---|---|---|---|---|
marynn | 0 | 3,046,823,644 | 100% |
<div class='pull-right'>https://images.ecency.com/DQmbNGgo2ZfyBhJKoqCxyAUQFDPuGtk6Deh7ktYU92B1isW/loh_lady.png<p><sup><a href='https://hive-engine.com/?p=market&t=LOH'>View or trade </a> <code>LOH</code> tokens.</sup></p></div><center><br> <p>@tibaire, you successfully shared 0.1000 LOH with @marynn and you earned 0.1000 LOH as tips. (8/10 calls)</p> <p>Use !LADY command to share LOH! More details available in <a href='https://peakd.com/hive-124452/@hive-124452/introducing-the-lady'>this post</a>.</p> </center><div></div>
author | ladytoken |
---|---|
permlink | loh-1661260885499 |
category | hive-124452 |
json_metadata | {"app":"hiveblog/0.1","tags":["ladytoken","loh"]} |
created | 2022-08-23 13:21:24 |
last_update | 2022-08-23 13:21:24 |
depth | 2 |
children | 1 |
last_payout | 2022-08-30 13:21:24 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 527 |
author_reputation | 881,291,787,333 |
root_title | "LOH Contest #96 - MY INVESTING IN CRYPTO CURRENCY " |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 115,961,893 |
net_rshares | 2,986,598,199 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
marynn | 0 | 2,986,598,199 | 100% |
Thanks so much @tibaire for your support and to @ladytoken.
author | marynn |
---|---|
permlink | re-ladytoken-2022824t132521983z |
category | hive-124452 |
json_metadata | {"tags":["ladytoken","loh"],"app":"ecency/3.0.25-vision","format":"markdown+html"} |
created | 2022-08-24 12:25:27 |
last_update | 2022-08-24 12:25:27 |
depth | 3 |
children | 0 |
last_payout | 2022-08-31 12:25:27 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 59 |
author_reputation | 79,384,583,119,148 |
root_title | "LOH Contest #96 - MY INVESTING IN CRYPTO CURRENCY " |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 115,988,273 |
net_rshares | 0 |
You just said it all @tibaire . In another to be in profit, full attention is of necessity. Thanks for taking time to read and comment on my post. You are awesome.
author | marynn |
---|---|
permlink | re-tibaire-2022824t132426720z |
category | hive-124452 |
json_metadata | {"tags":["hive-124452"],"app":"ecency/3.0.25-vision","format":"markdown+html"} |
created | 2022-08-24 12:24:30 |
last_update | 2022-08-24 12:24:30 |
depth | 2 |
children | 0 |
last_payout | 2022-08-31 12:24:30 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 164 |
author_reputation | 79,384,583,119,148 |
root_title | "LOH Contest #96 - MY INVESTING IN CRYPTO CURRENCY " |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 115,988,254 |
net_rshares | 0 |