Steemit Crypto Academy | Course 7 By @stream4u | Money Management & Portfolio Management. by @darwinking

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Introduction

How great it is to be back with professor @stream4u course I feel very happy I want to give this lecture of task number 7 as clear as possible so that all understand a little better how to invest the capital you have is not relevant finances are managed with awareness creating intelligent parameters to not lose a penny although cryptocurrencies are volatile so let's discuss how we can.

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Discussed Money Management.

This refers to how we distribute our capital in any investment, be it digital or in our daily life. It will help us in both options, but I will focus more on the digital one, which is my branch,
I am very sure that if we aggregate our investment in several currencies we can see a relative gain one separate from the other remember that to take the gains it takes some time.

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Future plan on your Money Management.

To achieve growth in finance you always have to start with knowledge then practice and this is the investment, without investment there is no income, if you dare to invest in this digital media you need a lot of preparation before doing so because you will find yourself on an unknown path where you will meet many hungry wolves and you are their food, to avoid this I invite you to read each of these topics.

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Analyzed portfolio management, if you have an investment and it agrees with you, show the portfolio and briefly explain it.

I currently have no investment in cryptocurrencies but I do have an investment in a very healthy broiler chicken farm, I am currently not invested in cryptocurrencies but I do have a very healthy broiler chicken farm, and after doing a lot of research I found the right way to make these animals grow healthy and very fat, we will apply the same to cryptocurrencies.

I plan to invest a lot of capital from my chicken farm in cryptocurrencies in a few days and for that I have created a list of 10 coins which I am analyzing to keep 5 of them, I can tell you which ones are ADA, BTC, CARDANO, STEEM, BNB, ETH, UNIS, TT. I will invest a different amount of capital in each of them to minimize the cost.

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Plan for the future in the management of your portfolio.

My plan going forward is to grab 10% of what my chicken farm generates me to invest every 42 days in coins and go fattening them and if a new project comes out I will study it to protect myself from volatility I am also studying the NFT the tokens in the Ethereum network are old but they are coming to market and are valuing a lot.

Regarding a particular issue with cryptocurrencies I have not had any anecdotes since I have not invested in them but with my chickens at the beginning everything was a disaster I did not know what food to give him that vitamin mortality was very high and extremely high expenses, because of this I got ahead by studying and analyzing each topic and following a technical recommendations I could become a great producer of chickens so I want to be in cryptocurrencies and I will achieve it.

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Conclusion

knowing already how to invest diversifying in different tokens, we are going to study each one to see in which term it generates profits for us, each one must have a different value, a different risk and an indefinite time, so following a technical analysis we can determine the way to follow with them. opening the portfolio is the first step thank you very much for your attention and thanks to the developers of this community and to all the members of it.

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Cc.
@stream4u
@steemitblog
@trafalgar
@steemcurator01
@steemcurator02

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Thank you for reading my homework and I look forward to seeing you next week.