To invest isn't that hard and have a losing ends that sometimes happens to most starters if we will follow all of these things...
1. Know your investment so well
2. Set Capital
3. Plan
4. Goal
5. Coins to invest
Knowledge and skill are big factors that could affect the results of our investment but most of the time we've been driven out by our emotions that leads to making bad decisions. I think this should have a need to control because this makes ruin everything and gives us losses.
Topic: What are the best ways to invest money? - page 15. (Read 2322 times)
In general, I may still be too naive in this matter because to get rich, you need to plan and what target you want to achieve in that number.
but I didn't do that, for planning I did have a fairly mature plan but for the target every week, every month or every year I never made it.
because for me the target is the limit that makes you complacent when that limit has been reached.
I don't want to do that because for me as long as I can do it and while I'm making a profit it's good enough for me no matter what the profit is in each month or every year. but that must always be profitable.
but I didn't do that, for planning I did have a fairly mature plan but for the target every week, every month or every year I never made it.
because for me the target is the limit that makes you complacent when that limit has been reached.
I don't want to do that because for me as long as I can do it and while I'm making a profit it's good enough for me no matter what the profit is in each month or every year. but that must always be profitable.
Before investing, you need to understand the purpose of your investment. If the only way to become rich is to invest, then you need to think much more. We all know how important it is to invest in order to be rich. The person who can invest in the right way gets his desired result there, because without the right sector you will not get your desired result.
Before investing in any project a professional investor researches all the issues about that project and makes a guess about the future. So just as investing can make you rich, so investing in the wrong place can make you lose everything.
Before investing in any project a professional investor researches all the issues about that project and makes a guess about the future. So just as investing can make you rich, so investing in the wrong place can make you lose everything.
Since I started to invest on cryptomarket, my risk tolerance has been increase so I can catch up with the market. This market is too risky if you don’t have enough knowledge about it so better to learn first and again, we should invest the money we can afford to lose. I have my specific target every year, I’m close to achieve it now, I just setup a more realistic goal so it can happen.
Its all depends on what you are wanting to achieve. You want capital gain only ? Or revenue streaming ? If you want only capital gain you can put 1 million dollar at a time on Gold or buy it 1000 dollar monthly on Gold or bitcoin then put ir in safest place.
If you want some streaming revenue per month or per year you can buy stock for gaining dividen per year. Or buy a Land / House / apartement then rent it. Then you can get streaming revenue per month and capital gain when you sold it years latter.
If you want some streaming revenue per month or per year you can buy stock for gaining dividen per year. Or buy a Land / House / apartement then rent it. Then you can get streaming revenue per month and capital gain when you sold it years latter.
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Why am I investing? Because there might be something that I might throw in and get something more at in the next time I check on it.Goal? Yeah, I am aiming to be rich in crypto actually. With the experience of learning and investing, why wouldn't I choose the opportunity to do both? My goal is to learn in here and at the side, well rake a few bucks from my investment.
Time horizon? I am a long-term holder so that surely speaks for itself.
For people from some developing countries, $1000 a month is a really big deal and they can't really "save" it. However, saving $100 a month but to increase it by doing an SIP (Systematic Investment Plan as we call it here) is not just possible, but can also bring the possibilities of growing our portfolio while being an investor for specific projects on which we are bullish for long term.
Yeah.That amount is quite high and even $100 and increasing it monthly is hard to do. Even it's one of the best ways to increase your money as you invest.
It's just hard to follow that ideal strategy because we just can't do it.
Property
Currency
Platform
Application
Everything have its own pros and cons. What OP has been considering the most is the investment to turn thyself rich. Investment is good, but continued trading involvement is the way to make better money. Being a trading expert needs lots of analysing skills. From a third world country citizen perspective it is the capital that gives you return or else you need to be lucky same as in gambling.
Currency
Platform
Application
Everything have its own pros and cons. What OP has been considering the most is the investment to turn thyself rich. Investment is good, but continued trading involvement is the way to make better money. Being a trading expert needs lots of analysing skills. From a third world country citizen perspective it is the capital that gives you return or else you need to be lucky same as in gambling.
For people from some developing countries, $1000 a month is a really big deal and they can't really "save" it. However, saving $100 a month but to increase it by doing an SIP (Systematic Investment Plan as we call it here) is not just possible, but can also bring the possibilities of growing our portfolio while being an investor for specific projects on which we are bullish for long term.
Investing, of course, the goal is to profit in the future, as for how to do it, the best investment comes back to us as the ones who did it.
There is a lot of analysis, including choosing a project that has a real product, then there are our skills and see how to see the prospect in terms of its goals, as well as sales, what kind of product is developed, how is the team, that's all we have to know, let alone we will invest large sums.
And I did this for a long time will stick with real products I will invest long term except meme coins.
There is a lot of analysis, including choosing a project that has a real product, then there are our skills and see how to see the prospect in terms of its goals, as well as sales, what kind of product is developed, how is the team, that's all we have to know, let alone we will invest large sums.
And I did this for a long time will stick with real products I will invest long term except meme coins.
I believe that the rich is not the one who has a lot of money, but the one who has enough money for everything
Is money ever enough for anyone? Nah! Even those we think have enough keep striving to make more money. Sad reality, indeed.What is your risk tolerance?
Life is, in itself, full of risk. Even when one doesn't want to venture into any business, it's still risk one is taking. For business, my risk appetite is a sensible one. I try to keep my finances protected from unnecessary investment schemes which aren't well spelt, no matter how enticing they seem. 2017 taught me a lot of lessons with different shades of investment adverts here and there. Now, I must be satisfied that a project has usecase before throwing my hard earned cash into it. Besides all that, investment should be everyone's concern and priority. Don't wait till when you think you've enough to invest. The right time to invest is always now. 
Cryptocurrency is The best way to invest money. Invest in bitcoin and other promising coins to earn money to have a better living and to have a freedom financially. Every people investing has only one purpose in "to earn money". But for specific goal, it depends on a every person because there are people who want to be rich through investing and other are just making money to survive for a daily living.
So you are saying the best way to invest your money is to put in on something very volatile and risky? Lol, no it isn't. You shouldn't be investing in bitcoin or any crypto currencies if you can't afford to lose it. And I don't think there is any person over here that isn't investing in crypto currencies to become rich. Of course everyone makes investments to earn and become rich eventually.-snip-
other are just making money to survive for a daily living.
Then they shouldn't be investing at all. Investing in bitcoin won't give you money to make ends meet. Based on how volatile the market is, they probably won't be able to pay their bills the next day. Invest if you are planning to hold long term. other are just making money to survive for a daily living.
Why are you investing?
I think the one and only purpose of investing is to make some profit. Maybe this profit can make you rich or it can make you economically prosperous. Because someone is investing $million and someone is investing $100. He who invests $100 will not be rich in his profits.
I think the one and only purpose of investing is to make some profit. Maybe this profit can make you rich or it can make you economically prosperous. Because someone is investing $million and someone is investing $100. He who invests $100 will not be rich in his profits.
Looks like you already know what you are doing. Risk tolerance. How far? I am not rich but as long as the budget used will not touch the savings for my family then I am okay to risk that. That's how I and my wife do things. There is cash saved by her but obviously from my pocket just so I won't have any contact with it or even just poke it and there is her bank that also has her own savings and for the kid's future.
Those funds should not be moved as much as possible unless for emergencies. A rule that should never be broken. So money outside that can be used anywhere i.e. investments as long as it's for the good and examined carefully.
Those funds should not be moved as much as possible unless for emergencies. A rule that should never be broken. So money outside that can be used anywhere i.e. investments as long as it's for the good and examined carefully.
Cryptocurrency is The best way to invest money. Invest in bitcoin and other promising coins to earn money to have a better living and to have a freedom financially. Every people investing has only one purpose in "to earn money". But for specific goal, it depends on a every person because there are people who want to be rich through investing and other are just making money to survive for a daily living.
I invest because it is one more way for me how to make money. My goal is a financial freedom which means that you I will not have to work any more if I don't want in the future as in any moment I can resign and my passive income will completely pay off my bills.
In terms of my risks. I have divided my capital into two parts. One part was created for mainstream reliable currencies, while the rest is used for risky altcoins and projects.
In terms of my risks. I have divided my capital into two parts. One part was created for mainstream reliable currencies, while the rest is used for risky altcoins and projects.
Investing in my opinion is a way to find additional income for long-term needs that are planned with a specific purpose, to finance education, buying a house, retirement or other interests.
Investing generally aims to make a lot of money or get rich and also improve the economy, but it would be better to invest with the desired goal in the future so that the investment goes according to plan and reaches the desired target.
Investing generally aims to make a lot of money or get rich and also improve the economy, but it would be better to invest with the desired goal in the future so that the investment goes according to plan and reaches the desired target.
my initial investment was for a better economic goal in the future ,creating a future for myself and my old age later in cryptocurrencies well like savings in piggy bank general ! some statements to be rich I do not agree even though the fact is to be rich but IMO being rich is a bonus from the seeds of our own patience
To my own knowledge and i will also be glad if i can get some opinions to me before you ask what, ask why. Why are you investing?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?
This is a very complicated question. The answer can change depending on your age, as you said, your risk tolerance, your knowledge on various investment instruments, the country you live in... There is not a single truth here. There are people who make $100/month. You can't realistically expect them to dream of having a $1000 monthly dividend income... Of course for many people $1m can be achieved on a reasonable time frame but $1b is mostly impossible.
$1m would bring you $50k in dividends (before taxes) if you play your cards right and that's hardly going to be enough for your survival in a developed country. You won't die of hunger but you'll still have to work.
I think, that money is often only intermediate link on the way to the main investment goal. People invest because they want freedom. In modern world you cannot rely on your job, or social security, or even your family. You need to have a foundation that would allow you to do what you want, regardless of the institutions and conditions created by the state system. Investing and creating passive income is the only way this can be achieved. When you work for someone, you remain unfree.
To my own knowledge and i will also be glad if i can get some opinions to me before you ask what, ask why. Why are you investing?
Money should become the main achievement for investing. People are in competition to get the hidden gem and they can turn small amounts of money into the decent amounts of money in a short time. Jump to: