Post
Topic
Board Altcoin Discussion
Re: What are the best ways to invest money?
by
the ghabbar
on 21/12/2021, 14:56:37 UTC
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?



Although not in large amounts, but I also invest in cryptocurrencies. I did that with my first goal of investing, I wanted my money to spin and make a profit from it.
this is my main goal of investing in crypto, and this is the best way in my opinion to invest because I manage my own finances without any intervention from other parties.
If there is an intervention, it is not true, no investment should be intervened by anyone, cryptocurrency has the freedom for everyone to invest, what is needed is the knowledge to recognize and analyze the coins that we like, thus the final target of investment is only the profit we make hope, that's why it takes knowledge to start the right and proper investment.
It's true that investing or trading knowledge is very important, just imagine what if we don't have it, I think it will make it easy for us to lose money,
in addition to the knowledge of skills in analyzing or reading market movements, we also have to have and we can learn them
That is why investment cannot be forced as desired, but investment must be able to minimize the level of risk incurred, a good investment is a way of getting profits by considering the authorized capital and profits, most people are only able to spend capital, but are not able to calculate the profits from the investment results.