RE: Long term Saving tips

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Long term Saving tips

in money •  7 years ago 

crypto is definitely really high risk nowadays. At least since more sophisticated instruments will be introduced expect volatility to be your best friend and worst enemy.
Putting 60% could make you millionaire or halving what you have, but since you said it's money you can live without, could be a good choice to try.
Also you have to think about the long term. Probably blue chips, in the long run, will increase in value just forgetting about them, not sure it'll be the same with crypto. You will have to move money from one to another to get the 'hype'. So definitely something requires lots of time and dedication.

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For sure blue chips for long term and crypto for short. It’s about backing the best projects in my opinion