Ninjastic
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Board Altcoin Discussion
Re: What should a person know and do who is going to become an investor?
by
bitkanu
on 02/07/2018, 07:32:34 UTC
Quote from: OlgaAmraie on July 02, 2018, 07:13:13 AM
Quote from: VitKoyn on July 01, 2018, 06:03:32 PM
Quote from: OlgaAmraie on June 30, 2018, 08:59:18 PM
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?
A lot of things should be done before investing into something like stocks, currency, commodity or cryptocurrency, etc. First you should understand it before investing on it, and a lot of people are not doing this, they just want to invest because of the hype, not because they believe that it has a good future. This is why also there are lots of people that invested on cryptocurrencies are getting hacked or scammed, because they don't have enough knowledge on how to secure it. Of course financial stability is given, you can't invest if you don't have money to put into something. Risk is also given, there is no investment that has no risk, so before investing make sure that you can take the risk.

Yes, i am also agree with you.Some can drive well without reading book but there is risk of accident because of lacking knowledge of traffic rules.So, the perfect one is who read book and also practice properly.
Thanks for your valuable opinion.
 Smiley
But your past experience will have played a very important part at this case. This time how the majority of new comers are only following the trend. When someone dumps a lot of coin to the market and they are scared to seeing it happened. I guess to build a mentalism becomes another important part too.