Post
Topic
Board Trading Discussion
Re: What your opinion?
by
wtsimis
on 09/06/2024, 17:33:36 UTC
A conscious man can increase his wealth only by investing. But the investment has to be in place.
If a complete newbie wants to take up online investing as a business, there are definitely some tips for him. As a beginner an investor needs to know some information.
He must first understand about online trading. Basic concepts of crypto market should have proper understanding of trading rules and investment term. Moreover, one should know about the websites like market trends, financial news and analysis.
 Must have thorough understanding of risk management. Start small so that small investments go a long way in reducing losses. Moreover, assets should be diversified so that they can repurchase when prices fall.
You have to control your emotions. Because the market can go up and down a lot and even down after you buy. If you can't control your emotions, you will definitely sell at a loss. So emotions should be kept under control.
Also there are many more before investing definitely I think get some knowledge from an experienced person who knows crypto well and take time to learn something then come to invest.