Experiencing tremendous growth in 2021 to cryptocurrencies interest continues to increase. The growing interest in cryptocurrencies allows many investors to enter the market.
While some investors multiply their earnings with their investments, others may lose all their assets.
In this context, crypto educator and entrepreneur YouTuber Jordan WelchAt the Bitcoin 2022 conference, he talked to the richest investors in the crypto money industry and asked the points that should be considered in crypto money investments.
Welch asked crypto billionaires “What is the best way to make money with crypto? What are the recommendations in this regard?” He received the following answers to his questions, which were gathered under four headings.
1-“Start Your Investments Small!”
The famous billionaire Welch first spoke to Kevin O’Leary He said that crypto money investments should be started with small amounts.
“Put a small amount of money you can afford to lose in your crypto wallet and focus on these major cryptocurrencies.
These Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polygon (MATIC)”
2-“Get Support from Free Trainings!”
O’Leary then recommended crypto investors to take advantage of free crypto education.
“There are tons of great resources to learn online and watch on YouTube.
That’s what I did, as I watch these trainings, I feel like I’m constantly learning every day.”
Another name that draws attention to free trainings is the famous Bitcoin bull Michael Saylor it happened.
Emphasizing the importance of free educational support in crypto investments, Saylor especially recommended Hope.com and Saylor.org.
3-“Do not be afraid of failure!”
Owner of one of Youtube’s largest cryptocurrency channels Brian Jung On the other hand, he said that those who are new to crypto money investments should not be afraid of failure.
“The events in the cryptocurrency market intimidate many people when investing. But investors should not be afraid to lose, because even the best investors make mistakes.”
Kevin O’Leary is also about it. “Everybody loses money in the beginning” said.
4-“Learn From Your Mistakes!”
Continuing with his advice, Jung argued that mistakes made are a great source of learning.
“If you make 100 mistakes, if you don’t learn from them, you won’t get anywhere. All you have to do here is: make your mistake, take notes, learn from it, move on and become a better investor.”
*Not investment advice.