Investment basket is where people invest in certain areas by using some of their savings or monthly income to protect their future. Even though we invest in things like toilet paper, oil and sugar in Turkey, this is not an investment. But the logic is the same. You invest so that the money you have left aside does not get crushed by inflation and does not lose value, or to make a more comfortable living. Investment is something brought about by the modern age. In the past, money was used only for shelter and nutrition. Despite this, people kept some money in a corner for war and famine. In other words, investment means protecting yourself in times of crisis.

Now that we have explained the basics of the subject, let's talk about investment instruments. Investment instruments are to exchange the currency you have for the unit that you think will gain more value or not lose value. There are various investment areas such as gold, silver, share purchase, property purchase. Here we will focus on our subject, #Crypto investment.

While #btc , the popular investment tool of the last 10 years, has helped many millionaires around the world, it has also caused many people to lose all their money. Here comes the question: How should we protect our money while investing?

1- We must diversify your investment.

It is never right to invest in a single point. If you keep your money only on interest, you will be crushed by inflation. If you buy just one share, the company may go bankrupt. Even if you buy gold, if a mountain-sized gold reserve is found tomorrow, gold may lose value. So distribute the investments, some gold, some stocks, some foreign currency, some Crypto and diversify it within yourself. So don't buy a single stock, a single commodity or a single coin. I believe that investment assets should be distributed into a minimum of 5 and a maximum of 10 pieces. This will allow you to both reduce the risk of loss and not miss opportunities.

2- Keeping cash

One of the greatest opportunities brought by technology is time. Now we can be instantly informed about world developments. This provides us with new investment or earning opportunities. You always need to have cash to take advantage of these opportunities. Cash is important not only for good news but also for bad news. It provides you with the opportunity to purchase projects you trust that have experienced a sudden great loss of value, or the opportunity to reduce costs if you have them.

3- Don't forget the money invested

Research shows that the investors who make the most profit are those who bought many years ago and forgot about them. Although I do not agree with this as a professional trader, it is an important issue for amateur investors. If you are not experienced, buying and selling will only make you lose money. Don't say "I'm making a profit", you may also be losing money from that profit. The coin has increased 3x, but you earn 40% because you constantly buy and sell. I suggest focusing on hype in investing. Just as BIST100 is currently in an upward trend, it does not seem reasonable to sell unless this trend is broken. Whenever the trend breaks, money runs elsewhere. It is necessary to focus on the point where the money is escaping. But when you follow the process, money is constantly changing from place to place, that is, between different investment channels. So interpret forgetting the money you invested as follows. Do not invest with the money you will pay tomorrow. The money you invest should be money that you can live without touching for a long time.

4- Researching the investment channel

Research well where you will invest. Something cannot be bought or sold just because it is falling or rising. The why is important. While minor crises may provide investment opportunities, major crises will cause you to lose your money. With the #Altcoin rally that I expect in the first quarter of 2024, many phenomena will explain to you the basket they made. Examine the baskets of investors you trust. Find out why you want to add it to your cart. If those who are curious about my cart follow me, I write here as I make a purchase or enter a purchase order. I would be happy if you support me by liking the content. If you post questions about your cart process in the comments, I can answer them. You are loved🥰🥰🥰🐢