Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
obuoma
on 05/02/2024, 23:06:00 UTC
⭐ Merited by fillippone (1)
As a new investor I don't think it requires much knowledge.
(Though the saying goes that knowledge is king)
But once you go to the market, you can learn all kinds of things by yourself.
Actually, am not ok with the statement because going into investment without having adequate knowledge  is like starting a journey without a direction and can also be liking to  someone that intend to start a business without   business ideas. As a new investor I think  having adequate and the right  knowledge  before you invest is a wise approach.
Waiting to go to the market and learn everything yourself is like a woman that is trying to go to the market to buy different items  without making list of things to buy in order of their importance and check  if her  money  is enough to buy everything in the list which may lead to mistake and not being organized. An investor that has the adequate knowledge before investing will be more organized and confidence compared to someone without adequate knowledge.