Topic: Making informed financial decisions (Read 121 times)

It's no longer a new thing to many that in every investment or business one is into that involves finance, need better decisions and good knowledge or information to survive on it. The type of decision one make financially determine it outcome. Just as you have said it very important for informed decision that is the only key, many failure today is as a result of lacking proper decision. One of my man bought one shiltcoin during there presale  before listen the coin and after listening what he sold out could not even cover up the money he spent, his decision was wrong one and he made a very big loss. Any decisions that involves money one need be very careful and smart, have deep information and knowledge before venturing in or take such risk. Bitcoin is the only decision I see that if one calculate well no decision on it can give Total loss if your smart enough.

You actually spoke like someone who is lettered and knows what he's talking about because inasmuch as investment is concerned, making informed financial decisions is the key and a situation whereby an investor isn't informed on the right approach to follow towards his investments then failure might come to play however it is necessary for us to follow the right coin to invest in which is Bitcoin which is actually the trending coin amongst all cryptocurrency and it's future is now guaranteed due to the involvement of USA SEC on approval of Bitcoin ETFs so there's no need to be afraid of it's future anymore as all we need do is to buy and hodl more of it in our portfolio as that's the only way we can enjoy our investments in the long run.

Boss you done talk well, aside Bitcoin I no go advise anybody to buy all those altcoin wey fit be shitcoin in the next few months or weeks. Because many of those coin be like wolf in sheep's clothing, person wey never know them go feel say na good coin to make investment for I side, but after you invest na that time the pump of the coin don expire and na so e go just dey go down on a stead. Though some good altcoins still dey for market oo, but the bad ones naim plenty pass and with that kind ratio you fit go fall for scam project thinking say you don hit the jackpot.

Bro that informed decision, I hope na for on top bitcoin because if you carry money go put for inside altcoins, some of them fit send you go village. If someone inform you say dem go list one coin for binance say make you go first buy am for presale where e go dey cheaper so that when e go enter market you go hammer, omo na bobo be that oo, e better as e dey play e dey show and no be to carry shit coins full your wallet and nothing come out. But as we know say bitcoin investment na wetin be the correct information and good investment wey be say no matter what you go see something inside as we dey enter bull soon as halving go happen. Investment no be wetin dem dey close eye do for crypto oo, shine your eyes and put your money where e go bring at least times two of your investment, it has been happening and it is time again for it to happen.

Making financial decisions is really a big deal in the world right now.cause if you are not informed you are deformed.and information is wealth.so you you need to be informed before making those decisions.for example even in buy coins if you are informed about a particular coins and you jump into buying it,that coin might be a stagnant coin and instead of rising it starts falling.so being informed helps you make good financial decisions.like wise to all kind of investment.

Op this is a very important topic you have shared with us. This informed financial decision will help anyone who utilizes it not to lose money in the course of investing in altcoin or shitcoin because it will guide you to always carry out your research to know if your money is worth investing in a project. Why don't you use this informed financial decision to set money aside that you will use to accumulate your bitcoin with the DCA strategy and hold it till the bull run? Bitcoin investment is a solid investment, and nobody will rug-pull you. What you have to do is just understand bitcoin, accumulate it with the DCA strategy, and hold it for the long term, where you will see a good profit.

Investment in general needs strategy, and before going into any investment you need to consider the cost, the time duration cause have seen a lot of people that lacks patience so this has affected a lot of people when it comes to investing. Understanding the investment first is important for example you can't just start investing in bitcoin without understanding bitcoin.
Just like what you said making investment choice is very difficult that's why it's best to make research and test if you can fit in to that investment. This should not be only for investment but it should be applied to our daily life in terms of decision making and business ideas.

Na sense you talk here but we dey in an industry wey be say na craze people and investment na dem full everywhere. Making informed investment decision no go favour you for here every time as you fit miss some kind big money making opportunities but e good as e go help you not to lose much for the industry too. One inform decisions wey we dey neglect na the choice to invest in Bitcoin while ignoring all dem altcoins dem as na distraction dem be. Making informed financial decisions like this go help you in the long run so no dey listen to wetin people dey say.

You not investing in altcoins or those memecoins wey full everywhere this days no make you no sabi wetin you dey do. It's better you accumulate Bitcoin for a longer time and reap the fruit of your labour in the future than to make quick money chasing altcoins and looking for quick profits dem wey go later purge you. Making informed financial decision also depends on your exposure and enlightenment so make we no dey neglect financial education as e go help us to to make inform financial decisions.

By the time Bitcoin pass the last ATH wey be $69,000, owning just 0.1 BTC go give you ₦10,000,000 and this one na guaranteed sometimes wey Go happen after halving but to come dey find the altcoins wey go give you that assured profits na big quest so everything depends on your understanding of what informed financial decisions are and how you analyze the data to determine which investment is sustainable.

Good financial decisions are been taken by individual who is well grounded in term of information and other aspect of things, it not to easy stand on the right part of decision when money is involved, this is a period when people make many poor decision.
Calculated decision is what a bitcoin investor need, if you are an investor in Bitcoin you must understand the concept first before investing in it, because if you don't it will be difficult for you as a person to make a good decision in regards to holding, people should not be seeing this investment as a quick money making ventures, sure money can be made through it but it is not usually on the short term plan, that's why we should avoid temptation of withdrawing our investment at any point.

Normally anyone new into the crypto network would like to use lump sum to accumulate Bitcoin or other crypto. But when you learn of other strategies, you'll find out that there are some which are even better than just lump sum. Take for example, using the DCA( Dollar cost Averaging) which simple allows you to make little deposit to your comfort without affecting your other financial activities. Or you might even consider DCA combined with buy the dip, or even Lump sum and buy the dip. You can go as far as combining two strategies to form a new one that might suite you, based on your financial abilities.

Making Informed financial decisions In  the  dynamic  world of finance where risk management and cost reduction  is  the  talk of the day.It is very  important  for one to make informed financial decisions from a fundamental and technical point of view.
Often times, making investment decisions is a hard nut to crack for retail investors like you and I.
 While some jump into making investment decisions and some from an analytical point of view and some no particular strategic approach.
It is important to know that as retail investors that we are ,we should make financial decisions based on a strategic, fundamental and technical   point of view, to ensure optimum return on investment.