People who behave like this are vulnerable to fraud by others regarding investment trust that is fully entrusted to others, even though they themselves have control over the investment process being carried out. If I don't obscure the purpose of the OP and in my view he is talking about trading robots, so he doesn't need to think about how to invest using manual strategies because using trading robots has been arranged by the creator, while we will only see the process without having to think about things -other thing.

But the problem is when this is done they end up getting caught in a ponzi scheme. In my country, almost five cases occurred in the last year because many people were deceived by promises of big returns without having to think about trading patterns. The mistake of people who don't want to learn to understand the investment and trading process because of the desire to get quick profits without going through any process.

Not everyone can think the same about investing and most people are trapped with irrelevant promises because of the tendency for people to think they can make big profits from investments. In fact, investing is not as easy as one might imagine, apart from fluctuating prices and psychological self-control is also very influential in it.

I don’t think you’re ready to take the risk and invest your hard-earned money. Crypto investment is not as easy as you think that you can be profitable in it without the investor’s personal knowledge and experience in crypto market. You should learn the dos and dont’s first and gain adequate knowledge before you decide to invest so you can avoid regretting in the end seeing all your hard-earned money had gone into waste. Furthermore, once you’re ready enough, I suggest to stick with bitcoin and accumulate as much as you can while the price is still cheap. But always remember, as a newbie in crypto, invest with a small budget first since you are still in the process of learning and absorbing everything you need. Let your experience manage the rest.

When we are specifying about our investments and ask others for their advice be careful we are also summoning hackers and scammers your dm or email with those fake investment plans giving you best deals which you may find attractive but in the end you will loose money that you plan to save for your retirement.You should invest based on your wisdom not asking directly where to invest as this is risky market so you need to be extra careful.

I would recommend you to invest half of your money into Bitcoin but before investing into it you should learn more about Bitcoin investment and how one can securely buy and hold his/her coins without any problems. I have seen many people who invested in Bitcoin without any proper knowledge about Bitcoin wallets or I must say cold wallets, and in the process those people had to face huge losses because of their own inpatient nature.

If you truly want to have a better investment for your future then you should go with Bitcoin only, and never ever invest in a alternative coin if you want to be on the safe side. As a simple rule, you must first get yourself educated about Bitcoin investment so that you may never face any hard times like those people who invested in it without properly getting educated about it.

I recommend you to learn about Bitcoin wallets, and also about private keys, seed phrases, and finally about the steps to secure your wallet from any known vulnerabilities of operating system software or human error. In order to do that you must have to begin with a very low amount of investment just for learning the wallets and all those other things.

I recommend you to begin with just $10 investment for the sake of learning and mastering those software based wallets, and other functions of a Bitcoin wallet like privacy of your private key and seed phrase so that no malicious person can ever be able to transfer the funds from your wallet to their own wallets.

Knowledge about Bitcoin investment is a necessary thing and that's why you must learn about it properly and once you are sure that you have enough knowledge about Bitcoin and the wallets then and only then you should invest your money in Bitcoin and secure your asset in a cold wallet. A cold wallet is simply a software wallet that isn't connected to internet. You should learn those things first, and I hope that your investment will give you better rewards in future. Best of luck.

We have to be careful how we exposed ourselves on the internet, we have different kind of individuals who're scammers looking for their next victims and if we don't protect ourselves we'll become the victims. We have to stop bragging online and when we want to ask questions, we don't have to be direct with how much we want to invest. This same question could have been asked in a different manner without having to expose how much we want to invest.

At this point the act has already be done, you have to protect yourself because scammers will be coming for your money in your DM and if you posted other ways to contact you on the forum like your email, social media, ignore investment advice coming in from there.

It's great that you're considering cryptocurrency as a potential investment for your retirement. Given your age and the desire for simplicity, I'd recommend a conservative approach.

Firstly, it's important to understand that cryptocurrencies are highly volatile, so it's essential to prioritize stability over high returns. Bitcoin (BTC) and Ethereum (ETH) are considered relatively safer choices among cryptocurrencies.

For convenience and simplicity, you might consider a reputable crypto payment gateway like Coinremitter. https://coinremitter.com/?utm_source=rep&utm_medium=bitcointalks allows you to securely store and transact with your chosen cryptocurrencies. While I can't provide specific investment advice, you can use Coinremitter to manage your crypto assets easily, which can be a convenient way to navigate the crypto space without diving into its complexities.

However, it's crucial to diversify your investments. You might consider a mix of traditional assets like bonds and stocks alongside a small allocation to cryptocurrencies. A financial advisor can help tailor this to your specific needs and risk tolerance.

Lastly, be wary of potential scams and only use trusted services. Research thoroughly, and if you decide to contact Coinremitter, ensure that it's through official channels to avoid any fraudulent schemes.

Good luck with your investment journey, and I hope this advice helps you make informed decisions for your retirement.

At that age, I don't think it's necessary to PM you privately. The advice you can read here in this section that you think is for the betterment of the money you get, the most correct and best for me, so you don't have to worry about trading, is to hold it for a few years or long-term, and all you buy is Bitcoin.

So that you don't have a headache, that's all you buy. No matter what others say, you should not try another cryptocurrency just in case you just focus on long-term Bitcoin investment.

I agree

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Glad I invested when I did thank you guys for the help.

[moderator's note: consecutive posts merged]

We don't give financial advise here but all you have to do is to give you opinions on how you could make money from the crypto market but that should not be seen as financial advise. You would have to give yourself that financial advice after you have read several opinions here that suit your interest in how you could make money from the crypto market.

There are people who had taken a bold step before now seeing the price of Bitcoin at $61k now, deciding to buy Bitcoin when the price was still below $40k plus. We can see that the price of Bitcoin has gone with a huge momentum and that should not make you to invest in Bitcoin. You need to take that decision on your own and remember that the crypto market is very volatile and you could lose money if you invested in the wrong place.