Post
Topic
Board Nigeria (Naija)
Re: A little research can change your life
by
rachael9385
on 06/08/2025, 18:30:31 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 holings for, if he plans to invest in all these aspects and holds them for the long term, then he can benefit from his investment.

Just like the topic says, research is important and it's capable of changing your life that's a fact. Most undermine the value of investing on a long term base. If you are thinking of holding a token for a short period of time it's better to trade. Take Bitcoin for example, if you are planning to make a lot of Profit then it's advisable to hold for a long period of time, people who rush and sell their tokens because of the slight changes in the market cannot really make significant progress with it, there must always be increase and decrease in the market and it's certain that you would make profit if you are patient enough