Steemit Crypto Course Week 7 by @stream4u, Money Management and Portfolio Management.

In this generation, we have learnt that working from 09:00am-05:00pm every day will not bring an end to our financial struggle therefore more people are making it a financial option to go into investment, like we know investment especially in the space of cryptocurrency has added a lot of financial advantage to lives but looking at it in another direction, it has also made so many people lose their gathered funds, which ever category we find ourselves as an investor will be greatly determined by the level of research work we have been able to cover.

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Understanding the market (money management).

As far as investment in cryptocurrency is concerned, it needs to be handled with outmost care in order for it to yield profit. The understanding that it is not advisable to have every of your investment in one token is very important.

The concept of cryptocurrency is extremely volatile, there might be a great increase in price today and the following day every profit we think we have acquired will most definitely go down the drain, the more reason why it is knowledgeable to have an idea on the investment decisions we are making, and to understand the trend of the coin before we make our investment choices.

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Portfolio management.

With the understanding gained from money management, we can then proceed to select the asset with which we are going to invest. After these assets have been selected, it is easy for us to go ahead and create a portfolio, each of this portfolio is a way to study and understand the market as we notice the trend, and the history of trade according to how we carry them out is also shown on this portfolio. With the portfolio, you can always make comparison as to noticeable difference according the time frame that you choose.

Conclusion.

It is always advisable for us to do our own research before we make any investment, there are so many vloggers and bloggers who are now advising people to make certain investment, but there is nothing as good as making our own research before carrying out any investment. Thank you all for reading and thank you to professor @stream4u for this topic.