It is not that investing in crypto can only make you profit. There are many calculations involved here. If it were so that investing here does not cause any loss but rather can make a lot of profit, then people would constantly invest here and no one would take a loss. In simple words, people would become millionaires day by day. But this is not the case because many people have idle money. If it were so that only profit can be made here, then every investor could profit by investing in the market and would invest. Another important thing here is that if you constantly make a profit here or every investor only takes a profit from here, then you should ask yourself, who is losing here? How are we profiting or from whom are we profiting?
[source](https://pixabay.com/photos/money-back-up-save-money-save-up-4518407/)
I think if you want to invest, you are certainly welcome. But the thing you have to do before investing is to make a proper plan. If you invest without setting a proper plan, then you can never profit from it. Because you have to keep one thing in mind along with proper planning, that is, investing in the market cannot always be profitable. The right time and right plan for investment are the most important. For example, if you invest at that time when Bitcoin or other coins are increasing and reaching an all-time high, you can never profit, but it will make you a fakir. So I think it is very important to have a good idea about when you will invest and analyze that time and invest.
If you do not set the right plan, it will bring danger to you. Because this is the mistake that most of us new investors make. When we hear that crypto investment is very profitable, we invest without thinking about anything or without proper planning or proper analysis. As a result, it brings danger to us. For example, if you have a thousand dollars and you spend the entire money on investing one or two coins, then that is not the right plan. I think that is why you need to know the right plan on how you can invest.
For example, you divide the amount of money you will invest into several parts. Then you will decide how many coins you will invest in and when you will invest in those parts. And you must consider how much money you will invest, when and in how many steps you will buy the coins, only then you will be able to profit from this at least a little, otherwise you will have to come out of this with a big failure. What do you think about this, you can express your opinion about it through the comments and I hope that you will invest using your own knowledge or skills before investing.
