There is much one must know to avoid facing trouble in the domain of cryptocurrency. Hence, it is vital to explore more about this new currency. Finance experts like Saijal Patel, can be your best guide when it comes to cryptocurrency advice. Whether you follow these experts or explore sites like Bitcoin Buyer, you can gain valuable insight. Check out the top five personal finance experts to follow before investing in digital currency:
1). Jeremy Schneider
Jeremy is one of the most senior Bitcoin experts, having been involved with the industry from the first day. He learned about cryptocurrency in 2010 and after thinking for half an hour, Jeremy finally decided to procure BTC. Jeremy warns against investing because of fear of missing out (FOMO) pressure. Rather, Jeremy reminds people of two rules when it comes to making money by investing in cryptocurrency: think twice before investing, and go safe in their games. Today, his net worth comes to around 4.1 million dollars.
2). Jully-Alma Taveras
Jully is called the Investing Latina on the internet. She aims to diversify the entire holdings of digital currency assets. People are starting up to learn more about the digital coin, claims Jully, yet not all are required to put their money into cryptocurrency. Jully feels that one’s cryptocurrency assets should comprise of a wide range of profiles. She also recommends people try only the two, main digital currencies for now. When we compare digital currencies to traditional ones, some cryptocurrencies can miss the mark.
3). Kiana Danial
Kiana Danial is also known as the Invest Diva. She began keeping an eye over the digital currency market in 2016, and began putting her money into the market in 2018. Danial has been active on Instagram, on which she discusses investing on goals and objectives. Kiana claims that BTC is not a lottery ticket to make loads of money in a year. She feels that one should research and check out potential risks before investing their money.
4). Marc Russell
Mark, better known as Betterwallet on Instagram, loves to stick to the basic rules of investing. He says that long-term and boring kinds of strategies do not often work, and that they require too much focus. At the same time, Mark also recommends considering what your personal long-term goal is. He claims that a majority of asset distribution deals (which include a proper blend of bonds, stocks, and alternatives) are simple and make everyone a long-term investor. He recommends that veterans start first with 5 percent investment allocation, and then proceed to with 10 percent allocations with caution.
5). Humphrey Yang
Humphrey Yang creates TikToks and YouTube videos concerning investing. He strongly advocates for index funds. Humphrey recommends that investors put money into these index funds and check them on a yearly basis. Furthermore, Yang calls people to avoid any speculative investments. He recommends only putting a small amount of money into an investment, and then proceeding gradually to see that your money is moving in the right direction.