Altcoins Talks - Cryptocurrency Forum
Further Discussions => Economics , Sociology & Politics => Topic started by: NatalyRYZ on March 26, 2019, 07:08:17 PM
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Yes, with such a falling market, the best option is self-study
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self-development has always been relevant, it is unfortunate that some people understood this only now.
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in my opinion, learn more about analysts where we will invest before investing to invest so that we can choose those who remain to invest
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in my opinion, learn more about analysts where we will invest before investing to invest so that we can choose those who remain to invest
agree that what we are going to do is necessary to analyze well before taking action, because without a good analysis there will be wrong execution that can result in losses.
investing is certainly not as easy as saying, because it takes a deep and accurate analysis before what we will do in investing does not become bad news that can accompany the investment steps that we will do.
there are many ways to analyze and there are many available just what and how we can accept it for further reference. all now it is up to you to decide.
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As an investors or capitalist, We should actually. Because this is a matter of money involve where there is always risk on it.
Then, as much as possible We supposed to have knowledge or idea about what We are entering at. Self-study will just follows by that things.
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I think one should definitely not rush to invest and earn a lot of money as soon as possible. we need to continue with patience and improving ourselves.
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I think one should definitely not rush to invest and earn a lot of money as soon as possible. we need to continue with patience and improving ourselves.
things that should be appreciated are what you say, but we are chased by time and circumstances because if it is too late then we will not accept or be late to anticipate the increase which should at least we get the opportunity. but I agree to keep analyzing well and must still not panic in everything because in such circumstances there will be a wrong step and execution which should be executed properly.
investment is very important in crypto but once again it needs to be analyzed properly and not in a hurry where we will invest it because if without analysis there will be errors that are detrimental.
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I think one should definitely not rush to invest and earn a lot of money as soon as possible. we need to continue with patience and improving ourselves.
things that should be appreciated are what you say, but we are chased by time and circumstances because if it is too late then we will not accept or be late to anticipate the increase which should at least we get the opportunity. but I agree to keep analyzing well and must still not panic in everything because in such circumstances there will be a wrong step and execution which should be executed properly.
investment is very important in crypto but once again it needs to be analyzed properly and not in a hurry where we will invest it because if without analysis there will be errors that are detrimental.
I respect and agree with your opinion bro. You said we have to hurry to seize opportunities. There is a risk of making hasty investments and losing. Opportunities will always emerge. I think it makes the most sense to take more careful and safe steps.
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I think one should definitely not rush to invest and earn a lot of money as soon as possible. we need to continue with patience and improving ourselves.
things that should be appreciated are what you say, but we are chased by time and circumstances because if it is too late then we will not accept or be late to anticipate the increase which should at least we get the opportunity. but I agree to keep analyzing well and must still not panic in everything because in such circumstances there will be a wrong step and execution which should be executed properly.
investment is very important in crypto but once again it needs to be analyzed properly and not in a hurry where we will invest it because if without analysis there will be errors that are detrimental.
I respect and agree with your opinion bro. You said we have to hurry to seize opportunities. There is a risk of making hasty investments and losing. Opportunities will always emerge. I think it makes the most sense to take more careful and safe steps.
yes, i agree and keep up the spirit.
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I think one should definitely not rush to invest and earn a lot of money as soon as possible. we need to continue with patience and improving ourselves.
things that should be appreciated are what you say, but we are chased by time and circumstances because if it is too late then we will not accept or be late to anticipate the increase which should at least we get the opportunity. but I agree to keep analyzing well and must still not panic in everything because in such circumstances there will be a wrong step and execution which should be executed properly.
investment is very important in crypto but once again it needs to be analyzed properly and not in a hurry where we will invest it because if without analysis there will be errors that are detrimental.
I respect and agree with your opinion bro. You said we have to hurry to seize opportunities. There is a risk of making hasty investments and losing. Opportunities will always emerge. I think it makes the most sense to take more careful and safe steps.
Agree. The best thing to do is have patience, stop doing stupid things, look for an opportunity and listen to your heart. Doing your own due deligence will help you decide wisely, precisely and accurate.
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Yes, with such a falling market, the best option is self-study
How to relate the falling market to your education? I think you're right about education but I can't connect the fall of a market to education. It would be nice if you make it more clear.
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Before investing, what we have to do is to study more carefully whether it is good and the potential for investing in it. Do not rush, because we can lose. We must have good experience and knowledge before investing anywhere.
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unfortunately, that was the mistake that i made at the last bear market from 2017 to 2019,the market was declining for months and i was in a loss of course and i had a chance to learn and to profit at same time using bitcoin talk but i didn't take it and now i regret that so yes the best thing to do is self-learning..
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unfortunately, that was the mistake that i made at the last bear market from 2017 to 2019,the market was declining for months and i was in a loss of course and i had a chance to learn and to profit at same time using bitcoin talk but i didn't take it and now i regret that so yes the best thing to do is self-learning..
always regret is in the end but at the beginning is registration, but I'm sure you will be able to rise again. because usually those who have experienced it will be more resistant than those who have never experienced it. there will always be an opportunity to repeat again and continue to strive to be able to improve and update with a stronger step in living.
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before investing, you need to learn how to do market analysis. if you do not know how to analyze the situation and predict growth or decline, then you will not be able to earn, and most likely you will lose everything. to prevent this from happening, you should be responsible for self-education.
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In my opinion, of somebody want to learn how to invest your funds first they start by understanding financial missions and marketing risks. Not research only one investment source and research different investment options, such as stocks, bonds, crypto, gold and real estate etc etc. Diversify your portfolio to spread risk across various assets. Stay informed about market trends and economic indicators. Consider seeking advice from financial experts or using educational resources. Keep in mind, patience is key and always invest within your means to mitigate potential risks. Always choose such funds if they will lose in future then you can afford it
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Investment is definitely good for every person to partake in as it's got benefits added. Sometimes, one would be in a dilemma of which to opt for in either investment or saving. Of the two options, there are advantages and disadvantages. Now there's an amount of money with you, what would you rather do with it? Will you put it in a business that has the possibility of multiplying and yielding more returns or you'd rather lock them up somewhere where if opened next time will still remain at same value or even less.
The issue with investments is fear of a break or fall out. What if the investment doesn't grow, what if it gets halted and depreciates what if losses are incurred, then the money which you'd have saved would be wasted just like that. The best option though is to invest, even though there are risks to it but it's safe to go through the right processes. Don't just jump into investing, make researches, take right precautions and ensure you make right decisions before putting your money in anything.
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Before jumping into investment don't research only the good and profitable side study but the good and bad part to know the kind of strategies you focus don't just do it because you see multiples of people doing it. If you do so you might end losing so much. So be cautious with your funds and always do your personal research to know the best project to invest on.
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before investing, you need to learn how to do market analysis. if you do not know how to analyze the situation and predict growth or decline, then you will not be able to earn, and most likely you will lose everything. to prevent this from happening, you should be responsible for self-education.
That's true. Crypto experts always given an advise to newbies that investing is not really simple like they think. Many new investors believe that once they decide to invest, they will immediately receive a return on their investment. However, before starting, they need to spend a considerable amount of time learning and considering various aspects. Even experts continue to learn and study new things as cryptocurrency investment is an ongoing learning process for everyone.
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Yes, with such a falling market, the best option is self-study
You can't just invest without doing any research on what you're going to invest in in the crypto industry. You really need to have knowledge, and don't be like others who were only persuaded because of other people's hype to invest.
As long as we always do our own research so that our capital is not at risk in this type of investment opportunity, as long as we always read here on this forum platform and on the other forums of bitcointalk, YouTube, and others, Google is there to help us in these situations, right?
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Investing is more difficult than it first appears. We must first thoroughly examine and comprehend the nature of the business, the risks involved, and the most profitable course of action before we can invest your money. "Invest wisely," a smart man will always advise.
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You learn to invest your money when you admits that the money at hand or elsewhere that is not potential to yield increments would get exhausted somedays and yeah, you would be in need of more to solve your financial needs.
And when you determines that you want to be financially stable and independent. That is where self studies is inspired. Basically, scaling through the falls of the market is not a self motivation, you must study through the markets histories, be confirmed by experienced investors and of course be opened to consultations and then, you could be liable to analytical monetary resources and how you can manage and sustain if a falling markets can not be manoeuvred such as the individuals doesn't have a self decision on the crytop markets values.
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Investing is more difficult than it first appears. We must first thoroughly examine and comprehend the nature of the business, the risks involved, and the most profitable course of action before we can invest your money. "Invest wisely," a smart man will always advise.
Yes, investing is not that easy, it's not just about putting money into certain assets and then holding it. We have to know what real investment is, what to do and so on.
We also have to be able to adapt to our economic conditions, I mean we can't be careless in allocating our money, we have to have the right accumulation between income, expenses and the amount we will invest.
Sometimes people forget that, which means their investment has to stop midway because of certain things. Planning for me is something that must be designed as well as possible so that we know what to do when investing.
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Where to invest will forever be the question on everyone's lips that's ready to invest, and the first thing to consider is knowledge in this world today knowledge is very easy to reach not like the olden days that you have to go to the library and carry books around,but today we have access to countless knowledge source so acquiring knowledge should be the first and most important thing to do.
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Where to invest will forever be the question on everyone's lips that's ready to invest, and the first thing to consider is knowledge in this world today knowledge is very easy to reach not like the olden days that you have to go to the library and carry books around,but today we have access to countless knowledge source so acquiring knowledge should be the first and most important thing to do.
If someone is asking about what to invest, then they will have countless answers to that question because there are definitely lot of profitable things to invest on. One of them is investment in education, such as paying to gain a proper education about something that you will benefit from. Some people pay to learn about cryptocurency, trading, content creation, video editing and e-marketing. Although, Bitcoin happens to be the best easy and simple investment I have known.
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To re learn how to invest your money 💰... investment is one good thing everyone individual who's have money 💰 should partake in it ,it is very good invest in a property or a business that is reliable and you have rest of mind that you have a property or a business somewhere, some person makes a hasty decision why re learning on how to invest their money 💰 they rush and invest money 💰 in a property with a proper investigation about it and fall victim 😀 and regret at the end of the day
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Where to invest will forever be the question on everyone's lips that's ready to invest, and the first thing to consider is knowledge in this world today knowledge is very easy to reach not like the olden days that you have to go to the library and carry books around,but today we have access to countless knowledge source so acquiring knowledge should be the first and most important thing to do.
If someone is asking about what to invest, then they will have countless answers to that question because there are definitely lot of profitable things to invest on. One of them is investment in education, such as paying to gain a proper education about something that you will benefit from. Some people pay to learn about cryptocurency, trading, content creation, video editing and e-marketing. Although, Bitcoin happens to be the best easy and simple investment I have known.
When it comes to investing, it's an all-encompassing discussion, from the educational investments you mentioned, to financial investments. But indirectly it is very closely related.
For example, if we invest in education that contains science, we will definitely find knowledge about investing for finance. From there knowledge can grow and be developed again, and then we can study it in depth.
For me, everything related to investment is very good, it depends on us then to narrow down what we will invest in with the same goal for the future.
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Money is not easy to come by therefore, when you get it, you should not be in a hurry to lose it all in the name of investing. There are thousands of projects one can invest in but you have to take out time to study all the projects, the risks involved and many other information you would be needing to make a decision. I see people put blames on family and friends who introduced them to certain types of investments because the investment failed. This actions are indeed laughable ;D, they had all the time to gather enough information about what they are putting their money into. Let's learn the right way and not through bitter experiences.
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Money is not easy to come by therefore, when you get it, you should not be in a hurry to lose it all in the name of investing. There are thousands of projects one can invest in but you have to take out time to study all the projects, the risks involved and many other information you would be needing to make a decision. I see people put blames on family and friends who introduced them to certain types of investments because the investment failed. This actions are indeed laughable ;D, they had all the time to gather enough information about what they are putting their money into. Let's learn the right way and not through bitter experiences.
Totally agree with you mate. For me choosing the right asset to invest and acquiring enough knowledge about it will have a good result if taken consideration. There are a lot of future and inflation proof assets to choose from namely precious stones and metals, real estate and cryptocurrency you just need to spend money, time and effort to accumulate these assets.
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Before investing your money, you have to learn how the market works and understand the basics of trading and investing to avoid loss of money.
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The investment approach is one of the most important and useful, both for the investor himself and for the country’s economy.
When a person uses free funds for investment, he does several very useful things:
1. Saves your money from inflation by maintaining its value
2. Helps, with his investments, some business (we take “active” investing)
As a result, by maintaining the value of his money, he increases his purchasing power, by investing, he develops his business. As a result, the country’s economy works more efficiently, the state receives more taxes, new jobs are created (this is a very simplified result)
But.. like any process, there are nuances in investing... This is risk assessment and decision making. And here it is very important to approach the assessment of the investment object seriously. There are “quiet” investments such as government bonds, where the income is not very high, but is guaranteed. And there are investments in startups or developing businesses. Or an investment in cryptocurrencies :)
As a conclusion, it is necessary to invest, it is useful for everyone. But it’s important to do it wisely!
Good luck and profit to everyone! :)
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Investment is good,but you take your time to study businesses before investing your hard earn money into any business at all,so that you will not be losing money to businesses you don't have knowledge about.
Relearning is always a continual process but narrowing it to business is a must.
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Hey @Offline Emmanuel1! I couldn't agree more with your point about the importance of thorough research before investing. It's essential to take the time to understand the businesses you're considering investing in to minimize the risk of losing your hard-earned money. Continuously learning and staying informed about different industries and investment opportunities is crucial for making sound financial decisions.
If you're looking for more insights and advice on personal finance and investing, you might want to explore resources on https://www.savingadvice.com (https://www.savingadvice.com). They offer a wealth of information and tips to help you make the most of your money and investments.
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Before investing there are definitely some important investment tips to know about them well then it will be wise for now to invest. Before investing in cryptocurrencies, one must know in advance about cryptocurrency development and future plans before investing. Before investing in a crypto currency, one must play with the coins as to how popular that currency market is. It is never right to invest in a scam project out of undue haste and excessive greed.
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Before investing there are definitely some important investment tips to know about them well then it will be wise for now to invest. Before investing in cryptocurrencies, one must know in advance about cryptocurrency development and future plans before investing. Before investing in a crypto currency, one must play with the coins as to how popular that currency market is. It is never right to invest in a scam project out of undue haste and excessive greed.
Well yeah it is for me a must to have basic knowledge about what you are about to jump-in whether business, investments in assets and many more. We all want to win the battle of risks so the way we acquire basic knowledge is what makes us be more prepared on something. We need upgrades of our skills and knowledge to broaden and utilize the potentials and opportunity in any forms of industry because we only have one goal in life and that is success.
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Before investing there are definitely some important investment tips to know about them well then it will be wise for now to invest. Before investing in cryptocurrencies, one must know in advance about cryptocurrency development and future plans before investing. Before investing in a crypto currency, one must play with the coins as to how popular that currency market is. It is never right to invest in a scam project out of undue haste and excessive greed.
Above all, DYOR before investing in any coin apart from bitcoin. At least that will save you from investing in scam projects or investing in altcoins that have lost their vulnerability in the crypto market.
Investing in atcoins is not good for long term purposes, rather it is for short term. One shouldn't invest because of FOMO or hype given to a particular coin without first knowing what they are offering to the crypto space.
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Understanding the concept of what they are going to invest is very crucial and necessary otherwise losing one assets is inevitable especially since the market is too volatile, I mean the entire cryptocurrency market is too volatile therefore self study really matter's a lot before one should go into investment.
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Understanding the concept of what they are going to invest is very crucial and necessary otherwise losing one assets is inevitable especially since the market is too volatile, I mean the entire cryptocurrency market is too volatile therefore self study really matter's a lot before one should go into investment.
Yeah exactly because jumping into something we don't know especially in investments is a suicide or some kind of a gambling . And doing that is double the risk of the cryptocurrency's volatile nature. If we are not that sure then I guess better not try or else losing is very possible.
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Understanding the concept of what they are going to invest is very crucial and necessary otherwise losing one assets is inevitable especially since the market is too volatile, I mean the entire cryptocurrency market is too volatile therefore self study really matter's a lot before one should go into investment.
Yeah exactly because jumping into something we don't know especially in investments is a suicide or some kind of a gambling . And doing that is double the risk of the cryptocurrency's volatile nature. If we are not that sure then I guess better not try or else losing is very possible.
You know one thing about people especially newbie investors think they can easily go into whatever coin to invest without doing their research to know the kind of assets they are to invest on, that why many people do falls victim of scam project because they fails to understand the concept of what they are about venturing into.
When the right examination is being carried out it becomes very easier for one to strongly invest in that project be it altcoin or bitcoin the fact is they know understand the purpose of what they are going into for investment.
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Understanding the concept of what they are going to invest is very crucial and necessary otherwise losing one assets is inevitable especially since the market is too volatile, I mean the entire cryptocurrency market is too volatile therefore self study really matter's a lot before one should go into investment.
Yeah exactly because jumping into something we don't know especially in investments is a suicide or some kind of a gambling . And doing that is double the risk of the cryptocurrency's volatile nature. If we are not that sure then I guess better not try or else losing is very possible.
Investing is, in a sense, a game. And it can be played in several ways:
- "Thoughtful". It is good to study the subject area, assess the risks, evaluate the legislation, study the investment object itself and its model.
- "Influential". This is when you have a very credible insider/ or leverage that can greatly "add value" to the investment.
- "Superficial" or "ill-conceived" is when a person chooses an investment target without the reasoning, research and other things described in the previous paragraph. He just likes this direction, he has assumptions, he assumes that it can be a good solution.
- "Gambling". A person decides to simply try his fate, almost like a kazano - to make a bet and believe that you will be lucky.
There are many more gamblers - but they are all a mixture of the above.
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Understanding the concept of what they are going to invest is very crucial and necessary otherwise losing one assets is inevitable especially since the market is too volatile, I mean the entire cryptocurrency market is too volatile therefore self study really matter's a lot before one should go into investment.
Yeah exactly because jumping into something we don't know especially in investments is a suicide or some kind of a gambling . And doing that is double the risk of the cryptocurrency's volatile nature. If we are not that sure then I guess better not try or else losing is very possible.
That's one of the risks when we invest but don't have further information about the coins we buy. It's better for us to invest in bitcoin which in my opinion is safer and doesn't require doing too much research. We all know that Bitcoin has the potential to generate a lot of profit if you implement long-term investments.
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Understanding the concept of what they are going to invest is very crucial and necessary otherwise losing one assets is inevitable especially since the market is too volatile, I mean the entire cryptocurrency market is too volatile therefore self study really matter's a lot before one should go into investment.
Yeah exactly because jumping into something we don't know especially in investments is a suicide or some kind of a gambling . And doing that is double the risk of the cryptocurrency's volatile nature. If we are not that sure then I guess better not try or else losing is very possible.
That's one of the risks when we invest but don't have further information about the coins we buy. It's better for us to invest in bitcoin which in my opinion is safer and doesn't require doing too much research. We all know that Bitcoin has the potential to generate a lot of profit if you implement long-term investments.
If only the investor won't want to invest in bitcoin again maybe he already accumulated more of bitcoin and is wanting to see what other altcoin he could invest than bitcoin, sometimes investors always looks for the altcoin be it memecoin or whichever but what they looks mostly is quick profits and altcoin is what can give quick profits within a limited space but for bitcoin one needs to hold for long time especially when they invest in bear run they need to hold for bull run to come before experience profits.
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Yes, with such a falling market, the best option is self-study
if you still have no definite Idea about which to invest then best to put all in bitcoin as the safest and the most secure currency mate.
and Self study in always the best strategy to never rely to what will others says because this is your money and no one really cares about what you can attain here in this place of investments.
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Yes, with such a falling market, the best option is self-study
if you still have no definite Idea about which to invest then best to put all in bitcoin as the safest and the most secure currency mate.
and Self study in always the best strategy to never rely to what will others says because this is your money and no one really cares about what you can attain here in this place of investments.
That's a very controversial statement. If you have extra money, you have a financial cushion, and you accept the risks - then you can. But invest part of your free money.
1. The first and foremost rule of an investor is risk diversification. This means that you cannot invest ALL assets in one investment object.
2. invest the amount you can afford to lose, without creating a critical financial situation.
3. If you do not have reserves that will ensure your existence and the existence of your family, in case of failure in investing - do not take risks, but learn and accumulate assets
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Yes, with such a falling market, the best option is self-study
if you still have no definite Idea about which to invest then best to put all in bitcoin as the safest and the most secure currency mate.
and Self study in always the best strategy to never rely to what will others says because this is your money and no one really cares about what you can attain here in this place of investments.
That's a very controversial statement. If you have extra money, you have a financial cushion, and you accept the risks - then you can. But invest part of your free money.
1. The first and foremost rule of an investor is risk diversification. This means that you cannot invest ALL assets in one investment object.
2. invest the amount you can afford to lose, without creating a critical financial situation.
3. If you do not have reserves that will ensure your existence and the existence of your family, in case of failure in investing - do not take risks, but learn and accumulate assets
well yeah I am also supporting Diversification and that is what i also do in my folio , i just imply to safe investing when i said Bitcoin only as HODLER but yeah all you have mentioned is complete tool for safer and better outcome.
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Yes, with such a falling market, the best option is self-study
The falling market of 2019(bearish market) is far gone, we are in 2024, which we are in the bull run, what do you expect from us now? Is it to continue self-study or we should try to invest in bitcoin for future profits? However, investing in the crypto market doesn't stop anyone from having a self-study.
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I want to learn how to invest money but I don't know how and what to do if I want to study also I don't have a roadmap where to start first I'm quite interested in understanding how investing works, especially in stocks or crypto until the time I have an extra money I will now know what to do any suggestions?
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I want to learn how to invest money but I don't know how and what to do if I want to study also I don't have a roadmap where to start first I'm quite interested in understanding how investing works, especially in stocks or crypto until the time I have an extra money I will now know what to do any suggestions?
I think you need to atleast understand things you wanna need to know before diving into it. In my case I watch videos on YouTube about this and I came across rich dad poor dad of Robert Kiyosaki and that teaches us the importance of financial education. As soon as you understand things you can choose the right investment for you whether stock, bonds, crypto, real estate and precious metals. There are actually a lot of step by step procedure or roadmap available online you just need to search for it and choose which works best for you.
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I want to learn how to invest money but I don't know how ...
There are professionals who could actually give you investment decisions and options, but considering that we have been successful in some investments we've made, we can recommend that you consider cryptocurrency as a major investment amongst any other investment decision that you choose to make. There are many benefits to investing in cryptocurrency when you actually want to compare it with other investment options. Investment in crypto strategically if done diligently, can be a way to financial freedom.
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The key to trading is practice so the more you practice the more experience you will get. When you become an experienced investor it is easy to get profit from crypto by buying good tokens. It's not really a matter of time, because the more time you spend in crypto, the more you learn. You can earn money from here by trading as well as investing. If your investment is a loss then you will understand the lack of knowledge due to which you could not buy good currency.
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The key to trading is practice so the more you practice the more experience you will get.
That's a pretty useful statement for any trader or investing. I believe both trading and investing need practicing to get perfect at those. No one can make money in trading or investing without getting proper experience of the market and such experience comes from practice.
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The key to trading is practice so the more you practice the more experience you will get. When you become an experienced investor it is easy to get profit from crypto by buying good tokens. It's not really a matter of time, because the more time you spend in crypto, the more you learn. You can earn money from here by trading as well as investing. If your investment is a loss then you will understand the lack of knowledge due to which you could not buy good currency.
That's the key to trading. More practice, more experience, and more money getting lost of course. The question is, are you willing to lose money just to learn trading? If you're really want to be one and you don't care about the money you are losing overtime then it's good, but there are some new traders that aren't willing to spend too much money just to gain experience into somebody that it isn't 100% certain that they will make money off of it.
If you really want to learn trading, you need to put into your mind that you will lose shitton of money during the process, but you will gain a lot of experience depending on the time you're spending on it. Yes, you can earn money from trading, but for me who hasn't been a successful in trading, I would not recommend it to newbies, but of course if somebody really wanted to then just try, trade, and decide based on what you've experienced.
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If you start making money and you don't invest with one day you will run dry, so that is why is very important to invest your money, a lot of people don't know how to invest there money and my friend is one of them, my friend has a good job were his been paid very well and he don't know what to invest into, I told him this life is not a good one so I advised him to start investing in Bitcoin using the DCA strategy so every month when he receives his salary he removes some percentage which he uses to invest in Bitcoin and he has been doing this for some time now and is going well.
Everyone needs to engage in Investment if you don't invest you will suffer later, investment is like building up your wealth so you won't go broke.
The reason why some people don't think or reason about investment is because they feel since they are working and maybe if they retire they will be on pension so even till there death they will be getting paid and they are satisfied with it, there are a lot of people that has this mindset they are comfortable with what they have and they will tell you there children can work so no need investing well that is there own life style and no one has the right to judge them.
But the reason why investment is good is so you can bounce back on something if maybe you are sacked or something happened that lead to terminating your work.
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If you start making money and you don't invest with one day you will run dry,
when you have a stable job that covers just enough of your expenses you will be stuck in this cycle for a long time until you get a promotion which most likely will take a very long time you are going to earn then spend then earn then spend so you are not making any progress forward
But the reason why investment is good is so you can bounce back on something if maybe you are sacked or something happened that lead to terminating your work.
in this times everything is uncertain and our economies are getting weaker I honestly do not understand people who are not at least a little bit worried for their futures and i certainly do not want to pass my responsibilities to my children of course they will need to work but i should do everything to make their life as comfortable as possible
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I want to learn how to invest money but I don't know how and what to do if I want to study also I don't have a roadmap where to start first I'm quite interested in understanding how investing works, especially in stocks or crypto until the time I have an extra money I will now know what to do any suggestions?
I think you need to atleast understand things you wanna need to know before diving into it. In my case I watch videos on YouTube about this and I came across rich dad poor dad of Robert Kiyosaki and that teaches us the importance of financial education. As soon as you understand things you can choose the right investment for you whether stock, bonds, crypto, real estate and precious metals. There are actually a lot of step by step procedure or roadmap available online you just need to search for it and choose which works best for you.
Oh okay thank you for sharing I will try to watch videos about financial education so that I will understand how to invest my money I will try the one that you recommend me the rich dad poor dad of Robert Kiyosaki for it interest me.
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There is a need to know how to make an investment, this is not just what we can assume we know without having the practical knowledge on how we can invest on the right asset that will not turned a liability on us, this is why some investment fail because there is no adequate insight that could be used to guide through its sustainability to keep existing and running, all these resulted from poor management or misuse of resources.
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There is a need to know how to make an investment, this is not just what we can assume we know without having the practical knowledge on how we can invest on the right asset that will not turned a liability on us, this is why some investment fail because there is no adequate insight that could be used to guide through its sustainability to keep existing and running, all these resulted from poor management or misuse of resources.
A lot of people don't know how to plan and that is why they always fail in there investment, and what causes this lack of planning or not knowing how to plan well is because of lack of knowledge in that particular thing they want to invest in, if you don't have knowledge about a particular thing, try to learn about that thing, find someone that can teach you or learn it through online, read about it, don't just go into an investment you have no idea about just because someone told you or you heard is paying very well because you will fail and lose money.
A lot of people lose money in cryptocurrency investment because they don't even know anything about cryptocurrency they just invest and they even invest in wrong coins and they loses money, I know of a man that said he just heard cryptocurrency investment is the best investment right now and he just looked for a way to invest fast and I asked him if he knows about cryptocurrency and how it works he said he only knows you buy coin that is cheap and then wait for some months and that cheap coin will increase in price then you sell it of take your money and the profit then move to another cheap coin.
So you see a lot of people go into investment they know nothing about and end up losing money and that is why you need to make sure you know about that particular investment you want to go into try your best to know everything possible about that investment it will help you a lot.
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I want to learn how to invest money but I don't know how and what to do if I want to study also I don't have a roadmap where to start first I'm quite interested in understanding how investing works, especially in stocks or crypto until the time I have an extra money I will now know what to do any suggestions?
I think you need to atleast understand things you wanna need to know before diving into it. In my case I watch videos on YouTube about this and I came across rich dad poor dad of Robert Kiyosaki and that teaches us the importance of financial education. As soon as you understand things you can choose the right investment for you whether stock, bonds, crypto, real estate and precious metals. There are actually a lot of step by step procedure or roadmap available online you just need to search for it and choose which works best for you.
Oh okay thank you for sharing I will try to watch videos about financial education so that I will understand how to invest my money I will try the one that you recommend me the rich dad poor dad of Robert Kiyosaki for it interest me.
If you fully understand the cashflow quadrant you will realize what things you've missed and what needs to be improved. Though I was not applying that yet for some reason but I can now differentiate liabilities and assets and I think instincts and dedication will lead me there if I am really not gonna waste my time with overspending and stuff. I know that was really working because cashflow is what makes us achieve financial freedom and the proof of that are those billionaires who follow the same steps.
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When making an investment, we should be ready to ensure that we have everything in place as needed for the investment we planned going for, not making adequate preparation is a sign of failure ahead, but when we are deliberate in all we are doing and finds it as of priority, then things will eventually work out for us as we have expected to want them happened and our money invested remained secured.
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Yes, with such a falling market, the best option is self-study
A lot of people go broke after making an investment because they invest wrongly, when it comes to handling your finances you must be very strategic, investing in crypto and other things online is actually a good idea but do not do this with all you have because if any thing happens you will go bankrupt. Before investing in something physical do a little research, find out what it is that people are lacking in that locality where you live, don't do something that's too common, this is a lot of mistake people make
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Yes, with such a falling market, the best option is self-study
A lot of people go broke after making an investment because they invest wrongly, when it comes to handling your finances you must be very strategic, investing in crypto and other things online is actually a good idea but do not do this with all you have because if any thing happens you will go bankrupt. Before investing in something physical do a little research, find out what it is that people are lacking in that locality where you live, don't do something that's too common, this is a lot of mistake people make
Yes it is important to be strategic in investing otherwise the investor may suffer financially. Those who are interested in new investments should first keep in mind not to invest all of their wealth. He needs to select the currency first and then invest in small amounts and move forward with a long term investment plan. A good investment strategy for beginners is to invest a portion of disposable income every month and accumulate for long term to get a huge pile in his portfolio and later he can diversify his investments as per his wish.
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Yes, with such a falling market, the best option is self-study
A lot of people go broke after making an investment because they invest wrongly, when it comes to handling your finances you must be very strategic, investing in crypto and other things online is actually a good idea but do not do this with all you have because if any thing happens you will go bankrupt. Before investing in something physical do a little research, find out what it is that people are lacking in that locality where you live, don't do something that's too common, this is a lot of mistake people make
You are right mate, it's always good for one to have a good knowledge about what ever investment they are making, so that the person will know the risk and profit, there are some people that venture into business or investment that they have not known about the cons and prospros, when they have experience an unfortunate loss is when they begin to regret. Like OP said, it's important for one to carry out a study about the asset they want to invest on.
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Yes, with such a falling market, the best option is self-study
Yes self study is very good, Learning how to invest your money is crucial for growing your wealth. Begin by studying different types of investments, such as stocks or real estate, to understand by yourself how the whole investing system works. But then, Self-discipline is another important thing , it involves sticking to your investment plan and avoiding hasty decisions.yes self-study will help you make informed choices and reduce risk but still Getting advice from experts can also be beneficial. Combining self-study, disciplined investing, and expert guidance will help you build a strong successful financial life.
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I think one should definitely not rush to invest and earn a lot of money as soon as possible. we need to continue with patience and improving ourselves.
What you said is absolutely correct, patient is the most important thing that is needed in investment, before you start an investment you need to aquire knowledge and understanding based on what you want to invest your money on, you can't just spend your money on what you know nothing about, if not your money will be as stake, you need to exercise patients and learn, so that you should know the advantages and also disadvantages, benefit and loses it will cost you. and you also need to know it risks and safety/risks management. don't eagerly grab the opportunity that you may regret letter, think before you jump into conclusions.
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Yeah learning how to invest your money is very important. I see youths today making alot of money I wouldn't care to know the source but my concern is how they spend it. Youths now spend money like there is no tomorrow. You can't enjoy today and go back to square one tomorrow but when you invest your money and spend not more than what your investment profits you then you can boost for the future and present but when you gobble everything without investment the future is unsafe.
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Yes it is important to be strategic in investing otherwise the investor may suffer financially. Those who are interested in new investments should first keep in mind not to invest all of their wealth. He needs to select the currency first and then invest in small amounts and move forward with a long term investment plan. A good investment strategy for beginners is to invest a portion of disposable income every month and accumulate for long term to get a huge pile in his portfolio and later he can diversify his investments as per his wish.
It is not ideal to use two feet to test a river's depth, and the same is true for investments. Risk management is necessary in investing, which is why, as you pointed out, it is crucial to make small initial investments and closely monitor the investment's trajectory in order to comprehend the difficulties that may impact the investment's return. When this is examined, an investor can choose to raise his investment, research trends, and determine the best time to make an investment in order to maximize returns.
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Yeah learning how to invest your money is very important. I see youths today making alot of money I wouldn't care to know the source but my concern is how they spend it. Youths now spend money like there is no tomorrow.
It is a must to learn "how to invest in the right way". There is no way to succeed if we have no proper knowledge about investment. The youths who earn a lot of money, they must learn the investment deeply. However, there are many youths who don't know the way to spend money in a proper way. Although it is a different thing, but it is also needed to learn seriously. It will be useless to succeed in investment if we spend it carelessly. Money management is something to learn, we know how to use the money properly.