Vitalik Buterin offers four pieces of advice to the investing public

Vitalik Buterin has just given 4 important pieces of advice, in the context of the crypto market being extremely sensitive to all news related to Bitcoin ETF.

Vitalik Buterin offers four pieces of advice to the investing public. Photo: Urgente24

On the evening of January 7, founder of EthereumVitalik Buterinshared 4 pieces of advice as essential investment philosophies for today's digital age.

First, the founder of Ethereum appreciates the power of portfolio diversification. In an era where new opportunities constantly appear, say no to "putting your eggs in one basket", but rather disperse assets across many investment channels to limit potential risks. Vitalik's approach is not only similar to traditional investment strategies but also addresses the volatile nature of the crypto industry.

Second, lesson saving. Vitalik Buterin advises the community to accumulate a reserve enough to cover expenses for several years, because according to him, "financial security is financial freedom." This principle especially plays a role in the current difficult economic times and scarcity of job opportunities.

Third, should have a “boring” investment portfolio, because Stable investments often yield returns over the long term. Especially in the field of cryptocurrency, where just one joke from a billionaire is enough to make the coin you are holding disappear.

Finally, don't use leverage greater than 2x. This warning is extremely important for those who are "passionate" about leverage games, because the higher x is, the greater the losses will be. If we are disciplined, we will feel peaceful in long-term investing.

The Ethereum founder's practical advice may seem simple at first glance but is difficult to implement, not only for beginners but also for seasoned investors. However, readers can see this as a warning to be very careful before making any investment decisions.