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Author Topic: Re learn how to invest your money  (Read 20102 times)

Offline JoyMarsha

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Re: Re learn how to invest your money
« Reply #45 on: May 17, 2024, 09:40:44 PM »
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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Re: Re learn how to invest your money
« Reply #45 on: May 17, 2024, 09:40:44 PM »

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Offline bisdak40

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Re: Re learn how to invest your money
« Reply #46 on: July 17, 2024, 04:04:32 PM »
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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Re: Re learn how to invest your money
« Reply #46 on: July 17, 2024, 04:04:32 PM »

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Re: Re learn how to invest your money
« Reply #47 on: July 17, 2024, 08:41:04 PM »
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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Re: Re learn how to invest your money
« Reply #48 on: July 20, 2024, 09:44:26 PM »
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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Offline albon

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Re: Re learn how to invest your money
« Reply #49 on: July 25, 2024, 10:36:57 PM »
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.

Offline SamReomo

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Re: Re learn how to invest your money
« Reply #50 on: July 25, 2024, 10:51:38 PM »
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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Online LogitechMouse

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Re: Re learn how to invest your money
« Reply #51 on: July 27, 2024, 09:05:22 AM »
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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Re: Re learn how to invest your money
« Reply #51 on: July 27, 2024, 09:05:22 AM »


Online Dr.Bitcoin_Strange

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Re: Re learn how to invest your money
« Reply #52 on: August 06, 2024, 09:31:31 AM »
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.

Online bitterguy28

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Re: Re learn how to invest your money
« Reply #53 on: August 10, 2024, 06:25:44 AM »
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
Quote
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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Re: Re learn how to invest your money
« Reply #54 on: August 10, 2024, 06:07:08 PM »
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.

Offline Aanuoluwatofunmi

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Re: Re learn how to invest your money
« Reply #55 on: August 10, 2024, 08:16:41 PM »
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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Re: Re learn how to invest your money
« Reply #56 on: August 11, 2024, 10:35:32 AM »
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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Re: Re learn how to invest your money
« Reply #57 on: August 11, 2024, 04:49:03 PM »
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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Re: Re learn how to invest your money
« Reply #58 on: August 27, 2024, 08:55:05 PM »
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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Re: Re learn how to invest your money
« Reply #59 on: September 01, 2024, 10:57:52 AM »
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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