@giocatory 19 October 2020 more from that month

Crypto investing 2020 (My first article in my life)

**Greetings**, this is my first article on this project and in this article, I want to launch a new project, as you guessed from the name it will be called in crypto investor 2020 and the essence and concept of this project now I will explain in detail. I was motivated by what results I want to get at the end of the year. Now let's talk about the project and its concept, but first of all, what motivated me for this project crypto investor 2020 is a few YouTube channels that I found, watch and review their videos, this is not advertising these channels, I'm not familiar with the authors and no one ordered advertising for me, well, in principle, they have enough audience. I don't think particularly need is: the first channel is financial independence - there's a guy invests in investment for about 20 years as a partner and he invests in Russian companies and in foreign, i.e. using brokers vtb24, and shows your portfolio, it changes as it grows, what stocks he has in the portfolio and share their so to speak of experience and is committed to its particular purpose, i.e. to financial independence. The second channel is called "Misha invests" also deals with investing, the only thing that he chose another broker is basically good, because it will be something to compare, and he invests only in foreign companies, namely in shares of Tesla, Microsoft, and Google. He also shows his portfolio, how much it has grown over the year, what changes have been made, how many shares he has bought. I was interested in trying to compare classic investment tools that are used by a huge number of people with investments in cryptocurrency, and I will do this in absentia, I will not even contact these guys, most likely if they do not want to. I can just watch their videos and take the figures for their results for the year and compare them with my results, draw conclusions based on this, show the material, so to speak, well, you understand the motive, so to speak. Now let's go directly to the concept of my project. It will be called this way, the working name is "Crypto investor 2020". Basic water data: first, the size of the investment I determined the amount of $100 per week, that is, it is clear that the amount of investment for each person is completely different, but for someone to invest a lot of $10 dollars a week, and someone can afford to invest $10,000 in a week, but to proportion, other things being equal, that is, it will save the allocation of the portfolio, in my case will be according to the formula (60 x 30 x 10) and have chosen only three crypto asset, of course, you can make beautiful portfolios with 20 of the top 20 coins: ETH, bitcoin, Bitcoin Cash, and many others. In my opinion, for a person who has been familiar with cryptocurrencies and mining for 3 years, he sees how these assets changed their value, what volatility they had, how they react to certain news. *I decided for myself that my portfolio will be:* As conservative as possible and as safe as possible, so the only assets that I can clearly define with a clear conscience, hold, is to take bitcoin, of course, USDT and BNB, it is needed in the portfolio solely as a protective asset, that is, as a departure from additional volatility, and in the case of a deep drawdown, it will be possible to make certain transfusions, and buy a cheaper cryptocurrency, if there is some strong drawdown in growth, that is, protective assets, they should be in the portfolio of any investor!!! Any person who invests not only in cryptocurrency but also in classic ones on the market will tell you this. Everyone holds either gold, cash, or short Federal bonds. Cash must be in the portfolio, otherwise, the portfolio will be too unstable, too unpredictable, and in the event of a drawdown, you can get a 50% drawdown: what happens is: imagine that your entire investment portfolio has decreased by 50% and you can't buy back anymore, because there is no reserve. With a protective asset, you can buy off more cheaply, thereby increasing your potential for future growth after the correction. In General, you understand and BNB by a tenth, that is, by 10% only because this cryptocurrency has shown itself very well recently, even better than bitcoin, in terms of growth and in terms of its volatility, but this is due to the fact that it belongs to the Binance exchange (Binance – top, best crypto exchange in the world) and they are not going to stop, plus they have a very competent policy for the development of BNB, they periodically burn it, that is, they sacrifice part of their coins to maintain its rate and this coin has a fundamental purpose-to reduce commissions for trading. You should understand that each person has their own views, their own thoughts, their own rings, some ambitions, reasoning, so the portfolio can be expanded with XRP and ETH, LTC, ETC, whatever you want. well, you need to define the concept for yourself! Some kind of formula and so on. From 1 January 2020, every week I replenish your portfolio, that is, there have been several phases of investments for the year, do not stop each week to constantly invest within 5 years, by the way about, of course, I'm absolutely not an important rate at the time of purchase, I absolutely without a difference because the investment is specific same parts in the same time periods and it completely eliminates all sorts of psychological factors psychological pressure with your hand, what you shouldn't have bought because it doesn't matter, then today I bought there for 8 500 tomorrow I will buy 9 200, three days later, three weeks later I will buy 6 200. *Globally, its essence is generally to, and to invest, that is, to try to find some alternatives, some ways to increase your capital, that is, to save and multiply, but this is standard because it is simple!* For example, you can save a certain amount from your salary under a pillow or under a mattress. Already under the pillow does not make any sense, since we have inflation and it will eat up the Bank Deposit. The Bank gives some interest, but they are lower than inflation and plus the Bank Deposit itself does not grow in value, that is, you put conditionally maybe even a million, here you have it lying, a million-plus still got there with 6% on top, but the actual inflation is 15%, that is, consider that you have lost minus 9% of your million because the purchasing power of your money will decrease and the Bank Deposit can almost never even cover the actual inflation, this is bad and it will not allow you to increase your welfare, on the contrary, it will melt, so investing in principle, this is a way out, there are different ways of investing, that is, classic types are also becoming more and more accessible (stocks, bonds...), there are many adequate brokers, you can create your own investment account and invest independently not through a broker, the difference is only in tax deductions. We also have cryptocurrencies, and for some reason, I wonder why the classic investors who invest in stocks, bonds, do not invest in cryptocurrencies, that is, it is the same asset, but it is riskier, but not much. There may also be a case of a risk that in the evening some shares, the same tesla or apple or amazon, will collapse due to the crisis, and we seem to be on the verge of another crisis and drawdowns can be very, very tough, so now many funds, many large companies, and investors are going into protective assets, go into gold, go into cash. Is a cryptocurrency a security asset? In principle, this is still a question, it is difficult to say how the General crisis will affect the cryptocurrency. It is not known for sure, but there is an opinion that the cryptocurrency can become a safe haven in the event of a global financial crisis and allow you to save and increase your capital. So for myself, I choose, for the time being, cryptocurrencies, will I invest in classic tools? Yes! Of course, I will write articles about this and talk about it, share my successes and failures, but so far I consider myself a crypto investor, as far as it does not sound pretentious, but the fact is, I am not a speculator, I am not a trader, I am a crypto investor, and of course a miner, where without it. :) You can share your suggestions on the structure of the portfolio, but if you want to explain why, then if you offer something, explain why this way and not otherwise. I think this is not particularly scary so share it, it will also be interesting to see read, maybe something interesting for yourself. In General, you know what to do soon see you all for now, and thank you for reading. ****Write what you think about this article because it is my first in my life, my first experience.****