Re learn how to invest your money

[laijsica]

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.

[Dr.Bitcoin_Strange]

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.

[Hatchy]

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.

[Chilwell]

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.

[rachael9385]

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.

[DragonF]

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. 

[alltalk]

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.