Re learn how to invest your money

[DrBeer]

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!

[Emmanuel1]

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.

[GiadaRiddle]

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 [nofollow]. They offer a wealth of information and tips to help you make the most of your money and investments.

[Altcoin1998$]

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.

[0t3p0t]

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.

[JoyMarsha]

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.

[SmartGold01]

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.

[0t3p0t]

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.

[SmartGold01]

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.

[DrBeer]

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.

[Legion]

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.

[SmartGold01]

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.

[bitterguy28]

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.

[DrBeer]

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

[bitterguy28]

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.