Post
Topic
Board Nigeria (Naija)
Re: A little research can change your life
by
Mehmet69
on 20/06/2025, 17:08:35 UTC
In the current situation, about 60% of people are focused on short-term investment. When they lose all their money in short-term investment or trading, they get very broke and they start saying that all this is fake. The risk of losing your money in short-term investment is much higher. Nowadays, many people start trading by watching trading videos or hearing from someone, they never research these things to see which one will be good for them. If they did a little research before stepping into this trading, they would never have traded and would not have lost their money in trading.

If a person makes long-term investments, such as buying continuously based on his stable income, then his chances of profiting from his investment are much higher. If a person sets his goals before investing, such as how many Bitcoins he will accumulate in his portfolio, how long he will hold his holdings for, if he plans to invest in all these aspects and holds them for the long term, then he can benefit from his investment.

@op You are right. In my opinion, now many people do not know whether they are investing or trading. Everyone wants to be rich. So everyone starts looking for easy and worry-free methods. Then they start listening to investment. Before investing, they think about the volatility behavior of Bitcoin. Then they think if I can buy at $103k and sell at $104k, then in a very short time I will be able to make good profit.

But they do not understand that this type of behavior is called trading. Due to this type of thinking, beginners are somewhat harmed. Beginners do not understand the real meaning of investing. Only those who have really invested for a long time know the joy of investing for a long time. Moreover, beginners very quickly lose their direction, due to which they get disconnected from investing. And start calling Bitcoin a scam.

So I would like to tell beginners that first learn, understand and learn about investing. Then start investing.