Financial management is not just a number in your portfolio Its a way of thinking and a system that anyone who wants to succeed follows whether in investing or life in general The idea is not just to make money but more importantly to preserve what you have earned and know how to use it wisely and This is what differentiates a successful investor from one who makes money once and then loses again.
Why 50 in coins and 50 in USDT?
This is one of the most important strategies that helps reduce risk and achieve portfolio stability By keeping half your money in coins and half in USDT you ensure you have ready liquidity for any new opportunity or sudden market crash Cryptocurrencies are highly volatile which means you always need to have a protected portion of your capital protected from major fluctuations.
Without careful study and analysis any financial decision will simply be a game of chance You need to look at everything in numbers see your average income in currencies when to sell and when to buy and keep up with news and analysis so your decisions are based on reality not just random expectations Even if the market is moving fast you must always be one step ahead.
Planning is key?
There is no success without a plan and if your money isnt properly accounted for and allocated you will always find yourself influenced by the market instead of being in control of your decisions Proper financial management means knowing how to preserve your capital how to take advantage of opportunities and how to minimize losses during crises Ultimately the market is full of winners and losers and the difference between them lies in the way they manage their money .