Post
Topic
Board Altcoin Discussion
Re: Reasoning before investing can save you from lose
by
Ben Barubal
on 11/04/2024, 22:14:13 UTC
Some investors are ready to invest on any project they come across just because they really want to make profit and some of this projects are considered to be a scam project which people invest reasonable amount of money. It is very painful when money is invested in this project and they end up becoming a failed one. I think good reasoning before investing will really help investors from losing much money about projects they do not know about much.  Investors needs to ask themselves before investing  "what if I lose my money investing it in this project? I think this question can help  people to invest with the amount they can afford to lose or not to invest at all on project very not sure about.  

Investing without any reasoning can just make one to invest without considering the risk and the probability of making lose or making gain from the investment.

     Of course, as investors, we must know what we are investing in; we can't have no knowledge or idea here, like other communities say in this forum. We have to be careful.
If you are the type of investor who is sure, you will first find out if it is legit to enter or if you will buy crypto or coins in the business industry that we live in.

Of course, you value every cent of your capital that will be used here, and you don't want to just lose it with no return profit.