Post
Topic
Board Economics
Re: What is the best advice you ever heard in case of investments and all
by
carlfebz2
on 03/10/2019, 12:25:29 UTC
'do your own research'

It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
Yes. Make your own analysis and research on your own. Do not be dependent with other people's suggestions because their suggestions might only work for them but not for other people. And invest only what you can afford to lose. Crypto investment is very profitable especially if you have special strategies applied on it but we should not invest our whole savings in it because there is still no guarantee that we can reap good profits all the time. Losses is also inevitable in any types of investment.
Factors that should be controlled/learned;

-Emotion handling
-Risk management /Fund management
-Dont rely on guts and luck or simply dont do gambling

It isnt bad to look on others ideas as well but you should know how to balance if its
good to apply it on your own investment behavior or not.