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Topic: What should a person know and do who is going to become an investor? (Read 368 times)

full member
Activity: 462
Merit: 112
For me the things that you should know is how to handle and deal with this kind of business and make a own research about this to be familiarize to the flow of the business to be a successful investors.
sr. member
Activity: 699
Merit: 438
Being a investors is not a easy thing, you should conduct a own study about the transactions and all basic information and jargon in this field so that you can easily adopt within the environment.
member
Activity: 378
Merit: 12
If you want to invest in some project for a long time you have to check every aspect on suspicious things. Is Whitepaper explaining all aspects? Are developers enough skilled to do this task? Is it a scam after all?
full member
Activity: 759
Merit: 105
First of all,I think one must have financial stability. Have to take risk of certain amount that won't fall any impact in financial stability.What others thing one must know?

What is your opinion or idea?
You must understand that there's no stable in this world because everything is like a wave sometimes it goes up and sometimes it goes down. So, you have to accept the risk of that movement. Being investors too follows the same into the crypto market and any other businesses.
All you have to do is to do your own research and find every possible way that you won't cost more than cost less.
jr. member
Activity: 573
Merit: 1
 Before the person invests, he should carry out a research on the project he wants to invest in. Check its real life application so he wont invest in a pump and dump project.  Determine what he is going for, long term? or short term ?
member
Activity: 266
Merit: 10
I thinks investor must have this personal qualities:
- Skill as a guide
- Deep understanding technology
- Vulnerability - This was the most surprising quality

And of course he must have a hodl quality. Because my mistakes were only with selling at bottom with emotional.
full member
Activity: 546
Merit: 100
A couple of things should be good to know before you decide to invest in bitcoin and other cryptocurrencies;
Never invest more money than you can afford to lose. Cryptocurrencies are extremely volatile so that means that you coins could lose value at any time.
Always do your own research, no matter what anyone says that you should do, you should always make your final decision based on the information that you have gathered from your own research.
member
Activity: 140
Merit: 10
CRYPTASSIST.io
First of all,I think one must have financial stability. Have to take risk of certain amount that won't fall any impact in financial stability.What others thing one must know?

What is your opinion or idea?
Yes, of course, financial stability is a basic condition if you want to invest. The main thing is not to take credit and not to have debts. But it is also important to understand the basic principles of economics and finance. You also need to be able to make the right assumptions about how your project will behave in the future.
jr. member
Activity: 98
Merit: 1
Reserve Your Ledger at GYMLEDGER.COM
If you want to become the investor you should know general rules of analyzing and economics at all. It will help you to create right trends fot long term and short term projects.
newbie
Activity: 182
Merit: 0
personally, I think, to join in cryptocurrency we have to study the risks that can be generated from the cryptocurrency itself. in investing, there will be risks, and that's what we have to accept. therefore we must avoid it with the knowledge we have and to avoid excessive losses, the understanding in business becomes its own advantage to get a very reliable.



sr. member
Activity: 1151
Merit: 260
☆Gaget-Pack☆
The first thing one should do is research what direction to head first, in order to educate yourself properly on your new ambition of becoming an investor. It isn't an overnight process. Through cross analysis, patience and due diligence, you can be moderately successful. I'm not an expert, just here to give my two cents.
   One of the best place to brush up the basics of investing is an online investor encyclopedia named investopedia.
www.investopedia.com
sr. member
Activity: 546
Merit: 250
First of all,I think one must have financial stability. Have to take risk of certain amount that won't fall any impact in financial stability.What others thing one must know?

What is your opinion or idea?

In my opinion, investment can start in any amount, and crypto is the easiest if we want to learn to invest. Because believe me, we do not want to be people who do not understand investments, when we already have enough financial situation big enough.
member
Activity: 224
Merit: 13
I think that it is very useful to make a test portfolio on the cryptocompare and see how it will grow or fall over time. So you will understand the market faster.
newbie
Activity: 46
Merit: 0
Never put all egg in one basket - the most important rules.
Never trust the news - the 2nd important rules
Trade what you see, not what you believe in - the 3rd one.
full member
Activity: 532
Merit: 114
To become an investor first and foremost educate yourself, the rest will take care of itself.
newbie
Activity: 125
Merit: 0
First of all,I think one must have financial stability. Have to take risk of certain amount that won't fall any impact in financial stability.What others thing one must know?

What is your opinion or idea?

I think that the first thing that he should know is that where and why he invests. Calculate all the risks that may be. And of course to understand in what time period he will be able to withdraw his investments.
member
Activity: 938
Merit: 13
AMEPAY
I will only suggest 2 things if you are a new investor, only put the extra bucks you have untill you are very confident about what you are doing, never put your living money or life saving as you can loose it, so be careful.
Secondly, as newbies are lured and attracted mostly due to the fact that they think they can get rich quick, so they even take loans and invest, i think this is the worst thing, you will get trapped, this is very risky thing so do avoid it.
member
Activity: 868
Merit: 16
Being an investor depends on where the investment is. Each place of investment will have different ways to get profit. Like me, a few years back I tried to invest the land, compared to land cryptocurrency has a very simple way to get profit in the next few years, we just determine where it will give us big profits or vice versa. But when investing in cryptos many things to be learned, such as determining where investments, see the project from the place of investment or always have the latest news about investment in cryptocurren y. Price changes that will always make the biggest challenge and other than that bad information on the world of cryptos that is difficult to guess becomes the biggest challenge also when investing.
jr. member
Activity: 1008
Merit: 1
Yes, of course you need to have finances, but to be an investor you have to be very reasonable and never succumb to emotions, I think this is the most important moment, because if you can not contain your emotions and panic, you can lose a lot.
member
Activity: 252
Merit: 10
Yes, the risk of encrypting money markets is high.
So if you already have enough money, then I want to be more suitable for investment.
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