Topic: How to invest effectively? - page 6. (Read 1905 times)
wow, nice insight on this, very mind opening. if I may add having the right psychological at the point of trade either during entry or exit of trade is paramount also.
1.Only invest what you can afford to lose.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
Your list is enough to start invest activity but some people obey that and trust with other people opinion, that's a mistakes. Actually, invest/ trade basic is same but sometimes market has their own moving price depend the condition, we lost our patience and mostly also lost our money. Know the risk, brave to practice and accept the result is needed. Good luck to all.
Its already been said in the lists, I think that is the best suggestion for the investors to be effective in their investments. The most important thing is you have to have a patience and always do some research before you put any investments.
excellent rules that adhere to any person who is versed in was the investment script. there is still a rule, I would add here,
1 be patient.
2 the ability to restrain their emotions.
3 be prepared to take a risk.
1 be patient.
2 the ability to restrain their emotions.
3 be prepared to take a risk.
Any investor understands that he can lose everything. If you conducted a qualitative analysis, and the loss of invested funds will not leave you without pants - you do not need to constantly monitor the price of your tokens. If you have already made a deliberate decision, do not allow your emotions to prevail over the results of your painstaking work during the period of price fluctuations.
1.Only invest what you can afford to lose.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
That's right. as known, investing in ICO is very risky. When we cannot manage the token to sell or buy or hold, we may lost many things. In investing in the ICO or coins, it is very important to analyze the coin and its concept to determine the future of the investment itself. Following the hype of people to buy or sell the coins is not a good way because it may lead you for dumping. Just be patient, wise, and smart in involved in crypto.
The best thing you need to do is read their website and their roadmap, if the company has alot of community try to read their comments/feedbacks bout the project. Remember Risk your money that you're willing to lose
to be able to get best result from your investment, you need to familiarize the choice of your coin and study it's market performance through analyzing it's price chart history data. Buying of coins should be atleast during bear market while the price of the coin is still cheaper and hold your coin for long term where you will have to patiently wait until the market has fully recovered. Always consider that crypto coins are volatile where fluctuations will occur anytime.
I suggest that anyone who considers doing investment should gain first on hand knowledge about cryptocurrency and should atleast have somebody with experience who will mentor you and guide you on doing such thing. Do not invest all your property instead try to invest money that no matter what what will happen with your investment, it will be fine with you if you loose it. During bear market, don't panic instead you must hold your coin and do not sell below what you had invested and allow time to let this coin be back on track.
Just buy if you have the money. Just be decided to do long term investment, consider that the price develops overtime. Just collect if you do not have the money. The price only will be seen fully grown once tge development team are given the enough time to work their timeframe. Do not sell until you get profit. Also read the white so youll be oriented on where to sell price and where to buy more, this will help you decide well enough what to do with your investment. Do not invest into one coin only. Invest into some coins. If you do not know which coin to invest, just invest into some long term and popular coin like btc and eth. Do not invest into something you do not know.
First of all, you have to invest in your project, know the whole market very well, and have your own opinions. Second, you must have a portion of the funds that can be used for investment and have your own investment strategy. In the end you have to have time and it is highly risk-tolerant.
In additional guide choose a standard item of every portfolio, there are coins which has a well -balanced crypto portfolio today. It is very important to keep your eyes open and listen to what community says and any other related updates.
First of all, you have to invest in your project, know the whole market very well, and have your own opinions. Second, you must have a portion of the funds that can be used for investment and have your own investment strategy. In the end you have to have time and it is highly risk-tolerant.
1.Only invest what you can afford to lose.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
Your list is enough to start invest activity but some people obey that and trust with other people opinion, that's a mistakes. Actually, invest/ trade basic is same but sometimes market has their own moving price depend the condition, we lost our patience and mostly also lost our money. Know the risk, brave to practice and accept the result is needed. Good luck to all.
And don't buy in fomo , research properly before buying, look at the community and community managers for the answers of your questions, And I agree with you don't ever day trade if you are not gonna give time to the maket , and cryptocurrency market is active 24x7 , no one can't follow it ,
Trading is very hard you cannot be effective if you just spend less time reading the market. Investing is quiet easier because you only need to choose good coins and wait until you make profit. Make a choice that will depend on your skills and availability, don't be too much greedy.
Yes, every time you invest you must have the worst plan, and you have to be able to bear the worst results. Because the market is fluctuating too much, investing it will be very risky, and you need to have enough patience. I think this is something that an investor must do.
I think the way to invest effectively is to wait for the price of the coin fall. Because if the price of coins fall we can buy a lot of coins with the money we have. If the price of high coins then of course we have to provide a lot of money so we can buy a coin And our chances of getting a big profit will be so thin. Therefore the most effective time to invest is when the price falls. We just have to wait until the coin price we buy it rises again. The more coins we save it will be the greater the profit that we will get. Because we buy when the price drops and sells when the price rises. What we need to pay attention is we must keep monitoring the market price. If the price is getting down then we do not need to panic or sell the coins we have. later we will lose. So we have to be patient and optimistic waiting for the price to rise. We must remember that the market price is so rapidly changing. So it would not hurt if we patiently wait to achieve big profits.
yeah just dont panice if the token or coin in low percentage! just calm down and wait for the market will going back and it will return the price in normal! or just sell them imideitly?? in large amount!! and wait if they buy them!!
Yes, thank you for your guidance. I also think that only investment can bear the loss. I think buying is a good time. I intend to hold them for a long time.
And don't buy in fomo , research properly before buying, look at the community and community managers for the answers of your questions, And I agree with you don't ever day trade if you are not gonna give time to the maket , and cryptocurrency market is active 24x7 , no one can't follow it ,
This s a good guide, which i feel if well followed, at least it will help in investment processes.
Although, when you go about trading a very good means of maximizing what you have in stock.
We know there's always profit either day trading or just a simple investment(hold and sell). But if really want to maximize your time spend in crypto, you take both of them and see a better result. The only we needing for day trading is that we have enough capital and not even afraid of losing everyday. Although, when you go about trading a very good means of maximizing what you have in stock.
1.Only invest what you can afford to lose.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
It actually works if we have determination and courage to take risk. It surely succeed if have a full engagement into crypto and understand the way it works. Of course, we really need also patience as it drives away from losing our money. 2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
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