How many of you are investing in Crypto?

I am not a licensed financial advisor and this should not be construed as professional advice.


It's fair to assume this board is dominated by conservatives, but my hunch is that conservative are falling behind on the early investment into Crypto.

How many of you are investing in Crypto currency? How many of you are not?

I firmly believe that conservatives need to start going all in on crypto NOW.

The easiest way is to DCA (dollar cost average).

Lets say you have $10,000 sitting in your bank account. Open an account at any major exchange, deposit that $10,000 (you don't have to transfer all of it at once), pick the top coins (Bitcoin, Ethereium, BNB, XRP, Solana, Matic, Binance, CRO, etc) and you buy during the big dips.

For instance, BTC is currently at $42k per bitcoin (down form 68k). You don't have to buy a full BTC. You can buy $1 worth, $100 worth, $1000 worth, whatever you want. What you do is buy the dips. If you have $10,000 to invest right now, you use a portion of that right now (literally right now) ot buy in and wait for another dip. You put $100 into Bitcoin, $100 into Etherium, $100 into CRO. Another $100 into BNB, another $100 into Matic. Etc etc etc. Just stick to the top 5-10 coins for now and only invest 10% today spread across those coins.

You still have $9,000 left to invest. BTC (bitcoin) may drop to 39k next week after the emergency fed meeting and when BTC drops, most other coins drop as well.

So if BTC reaches 39k, you invest another 10%. $100 in BTC, $100 into Ethereium, $100 into BNB, $100 in MATIC, $100 into CRO, etc etc etc. Stick to the top 5-10 coins.

If BTC drops to 35k, you do the same thing.

If it then drops to 29k you do it again.


This is called Dollar Cost averaging (DCA).


Never buy when crypto is increasing in value. NEVER. Only buy when the market is going down and only put in a portion of your available funds in. You want to always have money on the side available to buy the dips in the market. Each month, add more money so you'll always have enough to buy the dips.


Here's a good YouTube channel to watch daily to become more informed. CryptosAreUs is a good one:


https://www.youtube.com/c/CryptosRUs


If you use Crypto.com as your exchange, you can actually get a crypto debit card with a visa/mastercard logo that you can use for all of your debit/credit purchases. Your rewards will dwarf that of what a rotten bank will offer as well.

If you're serious about getting out of the grip of the establishment, big banks, and the US dollar, you need to go ALL IN on crypto. We're still in the early phase of crypto and I want to see all conservatives get into it NOW.

Only invest expendable income. Don't take out loans, sell the house, sell a kidney, buy using a credit card, etc etc etc.